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RE: If Steemit = Facebook then 1 STEEM = $3624.56

in #steemit • 7 years ago (edited)

Made it more reasonable-sounding... but a few other points:

  1. You didn't account for FB being really over-valued.
  2. You didn't account for the USD being seriously over-valued.
  3. You didn't account for the amount of bloat and waste Facebook creates with poor management of user assets, data and advertising revenues.

I could keep going but I know I'm preaching to the choir. I'm saying it could be more.

7 years ago in #steemit by
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     7 years ago 

    Ha - yes all true! Could also add some of the market value of Reddit, YouTube, Wordpress etc. as Steemit will grab market share from all of those platforms over time.

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