Can anyone guess what seemit's true Market Cap should be at NOW?
http://steemwhales.com/?p=1&s=power
Now that steem power inflation rate got cut off, it currently sits at 213 million that's roughly $54m market cap
http://steemwhales.com/?p=1&s=power
Now that steem power inflation rate got cut off, it currently sits at 213 million that's roughly $54m market cap
No one can say for sure. If the platform is widely used it will be much higher than it is now. Steem Streaming, Peer Market and all the new user friendly features coming so increase adoption. It will take 2 years or more to see. I believe it has a good chance of at a $1 Billion market cap since advertisers will need to start buying Steem Power to promote. If we get a million active users or more the platform could become very vaulable. Investors thought Reddit was worth 500 million in 2014 so I say its worth a few billion by now. Steem has at least that potential. I believe it can scale much faster and bigger than reddit.
Wow, so glad to hear your speculations. I I keep thinking to myself doesn't everyone see it Steemit like reddit it attracts user from google search platform. and so I like to say steemit has SEO built right into it, 2 years huh? 100K user right now with low retention tho.. when it can make the leap to 10 million that's when I see it going 100 million user much faster than the first 24 months
I think the user friendly part will help really drawn in the users. Everyone loves the money even if its only $500 a year or so. For others they are making a great part time living off of this! Uploading post still too hard for avg. person to deal with. Needs to be a live streem and believe it or now a Porn area! Porn would be huge with the way Steem works. This could really take over the live cam industry porn sites.