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RE: How much would STEEMIT or BitShares be worth as SHARES on the New York Stock Exchange?!

in #steemit7 years ago

This is a brilliant piece, worth sharing, resteeming and most definitely upvoting! Thanks a lot for sharing with us all this precious information. Many people asks us about Steem and the SBD as well and wonder how worthwhile it is, whether it is a scam and so on. Your information will help us all share the information beyond the propaganda.

Namaste :)

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thank you Eric for your kind words, and for your resteem and vote! :) Needless to say, such frothy markets as this are never healthy, and as I believe we're already starting to see unfold, a decent "correction" is in order to bring the markets (and the people only asking for a "measely" 100% return) back to some modicum of reality.

Also, these kinds of stories are quite scary as well:

Had a long talk w/friend who’s a smart realtor. She dropped $200k into BTC at highs and wanted to drop another $300k. She said she knows is a bubble but plan to sell BEFORE the bubble pops, maybe in a year. She says she’s not asking for much just to double her money.

She says her dumb friend put $30k and is up $100k. I asked did he sell? She says no. She agrees it’s all FOMO based why she wants in. Sees all these ppl making money. I said to her so it’s that easy eh. She says apparently so 🤷‍♂️ and can time it #gettingRichQuickIsEasy

Excellent reply! As far as I am concerned, I think that Bitcoin fame and crypto-access it is giving to the new-comers is still going to give it a huge boost of value over the next while maybe a few years, at least. then, as people are going to become more savvy, they'll know better than to stay with Bitcoins and they move toward the most powerful platforms the cryptocurrency world has seen so far: BITSHARES, STEEM, EOS, ERISTICA, and the likes... The bubbles are so similar to what happened with the so-called ".com" bubble of the 90s. Yet, the value is going to do the very same thing for the cryptos that are worth all the while. ;) A bit of patience is paying off immensely already and it is only the infancy of it all!

Namaste :)

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