RE: The Price of Steem should currently be trading at $2.22 and here's why:

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The Price of Steem should currently be trading at $2.22 and here's why:

in steem •  7 years ago 

It's an interesting piece but I think it stops short of a few steps. Steem isn't the community. It's still a currency mainly driven by speculation and market forces. It's price is based on the value people think it has, not just the people who use it.

Personally I think it's valued right or even too high. There needs to be more uses for the currency and incentive for people to buy it.

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I share your wisdom and perspective good sir - thank you

There are some big plans for the Spring, so I think taking into account the future value of these new features, Steem should correct upwards.