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Β  Β· Β 7 years agoΒ 

I can't wait to see Steem at $5 but $1000 would be insane!

Let's bookmark this post and check it in 5 years, haha.

Β  Β· Β 7 years agoΒ 

wowww man, I am sure I won't forget you in 5 years, you've helped me a lot when I joined Steemit!

Well it's at $5.75 today!!!

Β  Β· Β 7 years agoΒ 

If that happens, I can move into a bigger mansion πŸ˜‚πŸ˜‚πŸ˜‚

HAHAHAHA

Very funny lol....

I like your math! Your assumptions, comparisons and possible outcomes are all spot on IMO.

Thanks to @kingsberry for the resteem! I had missed this.

Β  Β· Β 7 years agoΒ 

Great Post mate ! I would love if Steem will be close to 10$ in 5 years :D.
But In you calculation, you forgot that Steemit doubles the supply of Steem every year if I remember correctly ;). So the Market Cap could reach your number but Steem would be lower.
Upvoted ;)

No, it's has an inflation rate of 9% every year which goes down every year

Β  Β· Β 7 years agoΒ (edited)

Hey @inventor16! I concur, Steem price through the roof! :)
I'm all-in on the Steem blockchain and trying to get as many of my network and beyond on this great evolutionary ride we're on! :)
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Sverige_reko

NICE!!

Β  Β· Β 7 years agoΒ 

Indeed it is possible. As you mentioned in one of your comments, we need very strong active users and not Bots. I guess Steemit leave them for now because it's bring good incentive to people and so keep this people using the platform but once we will not need them anymore, I hope Steemit will be aggressive against them. That would bring value to the platform and new people will be less discourage by the small amount of value received for good post. We are on the good train Steemians friend. Together, in the shuttle to Saturne =D

Not all bots are bad, some good ones.

Β  Β· Β 7 years agoΒ 

Sure not all. But too many bots and it is not good either. I think lol

btw welcome to steem bro, we all get to build the community and wealth together

Β  Β· Β 7 years agoΒ 

Thanks buddy see you around =D

Β  Β· Β 7 years agoΒ 

Facebook is valued so much because it steals people's information and sells it to advertisers for extremely targeted advertising. Steem doesn't do that. It's not just about the amount of users, it's also about how you monetize your product. Right now the only way steem is monetized is through the "promote" tool, which tbh isn't that attractive. While the community has offered many different options to attract advertisers investments, I haven't seen the dev's mention this problem at all.

I expect there will be a Faebook like dapp built on the Steem blockchain using the new SMT's.

Β  Β· Β 7 years agoΒ 

I don't think will it move to $1000.. But we can have a at least hope.. Because blockchain is growing very fast..😊
I'm really grateful in your effort @inventor16..
Upvoted and cheers..

Β  Β· Β 7 years agoΒ 

I believe right now the total market cap of crypto's was only 1/25 of 1% of the total global market. So that's peanuts ^^ Once the blockchain becomes more accepted (or whenever the finicial market is gonna reset) crypto's will become worth a lot, lot more. Gotta make sure you invest in the right ones though ;)

This is the most super optimistic prediction that i sow here on Steemit... 😲
Dont get me wrong i will be more then happy to see that but 1k per Steem its not realistic at all. Keep in mind the fact that Steem is done every single time we upvote so the supply is keep on growing and this will keep Steem stable. The beauty of Steem is stability.
Of course in time it can grow more but realistic talking i can see it somewhere around 2usd or 2.50 usd to the max!
But time will tell... i am here on this amazing platform to stay so we will have the chance to talk about this subject.
Till then keep up the good work and always Steem On (so the price will increase!)πŸ˜‰

Inflation is at 9% right now and it's decreasing every year, so not a big deal.

Time will show)

I got some points from your post as my knowledge. Thanks a lot.

Regard from Aceh Province, Indonesia.

Β  Β· Β 7 years agoΒ 

Thx, love the math and I hope that it will be reality in the future.. especially the part that we are all owners of it makes its special.. If steem will be $1000 or $500 i come to the strip and we gonne drink something... Just because we can..

We'll have more than a few drinks, haha

Β  Β· Β 7 years agoΒ 

Like what? Some special Vegas kind of thingsπŸ˜‰

Β  Β· Β 7 years agoΒ 

Maybe we must calculate steem power And Then share the drinks equally.. i am dutch πŸ˜‰ How does it feel to have all the steem power back? You Also use the tiers?

If the user base keeps growing, I think the price will follow. This format ("social blogging") had some 33 million users in 2005 when MySpace and Facebook "disrupted" that movement... Let's just imagine Steemit with 33 million users; that would probably take us a good way towards $1000 Steem.

Active users that aren't bots or spam

Awesome research sir. Many people join in steemit and so many investor invest hi money in steemit. I agree with you and I think steem also fast growing market.
Sir I'm new in steemit that's why I have not so much knowledge. I follow your post for gather more knowledge.

Welcome to steem, I see you're from Dubai, I was there last month.

Shared on twitter. Stephen

Seriously 1000? That would blow my mind.

This is an interesting assumption.

Can a cooperative farm ever be as valuable as a factory farm? Does the fact that everyone is a shareholder/owner create more or less value?

Your post has been resteemed to 1671 followers

Β  Β· Β 7 years agoΒ 

it seems you are strong in math calculation and future innvestment, good post.

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See the full rankings and details in The Daily Tribune: Oct 07 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.

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In the coming years anything is possible , if all of these hurricanes are possible at once then the price of Steem is can insanely high as well :D

this is great...
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Interesting post, upvoted and fingers crossed! I really think the success or failure of Steemit hinges on whether or not coin-based financing can usurp targeted advertising as a means of funding social media platforms.

With cracks already showing up in FaceBag and GooTube's ad-based monetization model and exciting new developments like Smart Media Tokens, the future looks to be a bright one.

Β  Β· Β 7 years agoΒ 

after that math's future looks cool

Good numbers. Why not? Many did not believe in the rapid growth of bitcoin...
I would be glad if it was true. I'm even ready to wait for this 5 years:-)

If we put all the usd on top of eachother, then sure we go to the moon 😊. Hope and See !

Cool.....! absolutely great

Great analysis with strong calculation @inventor16

Β  Β· Β 7 years agoΒ 

There is no doubt that steem can go upto $1000. In coming years but i am damm sure steem will be $3-$4 by the end of this year. ..

Great post! I think in a couple years we could see a max of $100-$250. Long term (3-10 years), I see no reason why it couldn't be $1K or more.

Β  Β· Β 7 years agoΒ 

Let us wait for some time and will see the direction of the growth of the steem.

I always keep a little bit of steem not in steem power just in case it goes like way up I won't have to wait to take it out. I think it will go up. Even 2 or 3 dollar steem, there are not many investments in the real world where you triple your investment. People got greedy seeing Bitcoins success but 5 dollar steem would be awesome

It's definitely something positive to think about. Resteemed to my followers.

If that does happen this will be basically my reaction:

Just substitute ganja for cigs.

HAHAHAHA

Would be super nice huh :)

Β  Β· Β 7 years agoΒ 

Great Post mate ! I would love if Steem will be close to 10$ in 5 years :D.
But In you calculation, you forgot that Steemit doubles the supply of Steem every year if I remember correctly ;)

No inflation rate is at 9.5% I believe and goes down 0.5% every year.

Β  Β· Β 7 years agoΒ (edited)

I confused by the SBD someone help please. I thought it was meant to be more or less equal to 1usd but the market price is $3.50. My account says i have just over $4 of SBD is that $4 worth of sbd or actually 4SBD = $14?

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