I just think steem is different... I can upvote myself and get more steem...I can't do that with bitcoin...
I hope the price does spike that high but that would mean when I upvote myself I will make like $120 per post...which will be amazing but I feel it will be unsustainable
It will be unsustainable if SBD is much above $1 like it is now. I think SBD will need to be around $1 maybe even lower for steem to moon.
There will definitely be waves of up and down in the market while early adopters will benefit from the highest rewards as with other cryptocurrencies. In Bitcoin how the miners buy or sell impacts the price a lot just the same as on Steem with the difference being a lot fewer miners get the bulk of the rewards compared to Steem.
If steem hits $60 what US$ value would it make sense for SBD to have?
If SBD was also around $60 that would be ridiculous... like mind blowingly ridiculous and outrageous....almost all of us would be making decent/RIDICULOUS sums of money. Even me at 1,200 SP would BALLLLLLL with those prices
$1 maybe $2 at the most.