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RE: [ANN] STEEM POWER LASTS FOREVER (90% Interest Rate + 104 Week Power Down = Guaranteed Growth)
I like the post, although it is unsafe to say that in 2 years steem will be valued the same as it is today.
The last section of this thread is actually about how it will most likely go Up in Value, and I said that it most likely won't go below $2.50, and gave perfectly good reasoning for that. If someone would like to somehow prove that wrong in some actual way (not just by saying "Whales will crash it" but actually proving me wrong) then that is fine. I never said it would stay the same price, and I actually proposed that it would go much higher in Value, possibly up to $20. So I gave a range of $2.50 to $20.
I am open to someone proving me wrong, but I am not going to forgo an informative post because someone might think I am implying that their STEEM will always be in the $3 range.
Search for @bacchist, @anonymint post regarding the same topic.
Also since steems addition to polo if has dropped almost 100k satoshi in value along side btc's drop in value.
The other thing is with the 90% Apr, if you have 10k sp end of year one you have 19k, end of year two you will have 36.1k. I'm unsure why you lose half of your apr, but if you did that leaves you 18,050 so only 80.5% gains. Happening across the entire format. -- lastly the password thing, someone retreived those from the blockchain.
Although I do agree the likelihood of steem going up is there as given with any social media platform it is unsafe to make posts like this and potentially lead someone to a bad investment without due information.