+$58.00 Steem?
#Steem +$58.00?
#Steem somewhere around the ~$1.00 mark.!!
As #Bitcoin passes +$10,000 again it prompted me to take a look at where the price of #Steem was in the earlier days valued in #Bitcoin.
In July 2016 #Steem traded above 0.0058 #BTC.
With #Bitcoin now trading at +$10,000 that would value #Steem at +$58.00.!!
Sure, we have to account for the inflation of #Steem but back then the total Market Cap Valuation of #Steem was valued at around +$327 million.
Should #Steem return to this level of valuation, that would leave #Steem somewhere around the ~$1.00 mark.!!
Exciting times.
Thanks again for reading.
Stephen
This post has been rewarded by the Steem Community Curation Project. #communitycuration06
Awesome.!!
Thank you very much. ;)
Stephen
Steem is dead. Long live Hive.
I hope and wish that both platforms will grow and long live. Let's respect those who are indulge and doing efforts for the growth of these platforms. Existing of HIVE is a successful story and the platform is doing great in a few months. Success of STEEM & HIVE will be the success of those who are working hard for the promotion of these platform. There is no need to say one is dead. Infact we should utilize our energy on making these platform better instead of bashing on each other. Together we win.
Sad 😭😭