A legitimate case for 1000$ per STEEM
Yes. I am talking STEEM at BITCOIN prices.
Well Facebook is valued at 400 Billion
So assuming STEEM has 400 million coins in circulation by the time it reaches mass adoption. It might have less with only 10% inflation per year but to be safe lets say 400 million.
So with a marketcap of 400 Billion and 400 million coins in circulation the price of one STEEM is easy to calculate.
400 Billion / 400 million = 1000 $ per STEEM
NOT FINANCIAL ADVICE
Buy STEEM direct from a debit card
HERE is a post about my first experience using Changelly
https://steemit.com/changelly/@matrixdweller/anybody-dissing-changelly-or-craig-grant-should-be-immediately-suspect
This is a great post @matrixdweller !
The problem is that Steem is not a traditional equity. It has elements of an equity, but it lacks dividends. It also has elements of a currency, which traditional equities do not.
This makes it harder to compare market cap directly. On the plus side, due to the currency aspect (and the requirement for economic participants to hold for liquidity purposes and normal business operations, which is not so important for Facebook shares), I believe this makes your comparison a gross underestimate.
Another way of putting it: People hold Facebook shares pretty much only to invest in Facebook. In a Steem-dominant economy, there would be far more reasons than that to hold Steem.
muy buen articulos @matrixdweller
Ty
...and that's where dreams come true :)
great post
awesome
wow
Good luck finding enough investors to splash out $40 B per year
what do you think Facebook spends on user retention lol
http://www.telecomtv.com/articles/business-models/facebook-s-user-retention-strategy-if-you-leave-me-can-i-come-too-12396/
Well we can hope for one day in the future!
my account would be worth 68 thousand dollars