You are viewing a single comment's thread from:

RE: Is Steemit Dying?

in #steemit8 years ago

This further supports my impression that crypto prices are purely speculative, and completely disconnected from the actual long-term practicality of the particular coin. It is of course impossible to objectively determine the fair value for a coin, but I think Steem adds enough value to the crypto world to rival Bitcoin's valuation. Will we be seeing $68 Steem commensurate with that estimate anytime soon? I highly doubt it, but it isn't the most outlandish imagining I've come up with...