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RE: Why do you "STEEM"? // Putting things into perspective
You earn 5 steem a week. That's $2. Right?
A couple of years ago people mined 10 BTC or even more per day on their laptops.
Do you see my point?
But that's just opinion of an oldtimer and what do I know?
While that is a fair point, expecting STEEM to have a rise in price the likes of BTC, i dont think is realistic.
Not anywhere close to that. :D
If STEEM hit $10 inside the next 5 years i would be super happy with that. And even at $10 that isnt much in the larger context.
But one can dream, cant he? :D
Again.
What were chances for btc to rise in price at that time?
What usage btc was offering at that time comparing to steem?
I know what youre saying. But at that time the crypto market was in its infancy.
BTC imo doesnt do anything STEEM doesnt do magnitudes better.
Even if you point out inflationary vs deflationary, i could still point out that STEEM inflation isnt far off from BTC inflation from mining at year 3.
The whole point is being the first in everything.
If steem had bitcoin market cap, 1 STEEM would be worth 200 USD.
As i said. I can see STEEM hitting $10 in 5 years but with so many altcoins, 200 dollars or even $100 is farfetched.
Hope im wrong. Haha
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