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RE: My theory on the most important factor in the price of crypto currencies, and how that applies to STEEM
With less than 100k users, i'm not so much worried about a bubble as of yet. Also steem is in its infantile stages while crypto is still a rumour that people have heard of but don't quite understand. I still think there is plenty of room to grow and when crypto hits mainstream, steemit will explode. How long steemit and it's currency stay relevant is anyone's guess but I like the free market openness of steemit!
upvoted and resteemed!
Cryptocurrency, gold, and silver may be the last bubble. I don't think we're at the top of that bubble yet.