ignore this post - I've edited it until it can be deleted.
edit..
8 years ago by amirali (51)
edit..
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well id love to think your projections are correct !! ; - ) but im really enjoying putting up stuff against the elites that they cannot remove, one in the eye for the Orwellian dream of information control !!
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haha right. I think there needs to be an outlet that allows absolute freedom of expression
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And you just forgot to take the huge inflation and bubble into account?
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Inflation shouldn't be an issue in the short term as Steem should grow exponentially and the network effect kicks in (hopefully!). Also, I kept the current price at $4.30 which will offset inflation. I didn't take bubbles into a/c.
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Your math is so cool man..wish this would come true..upvote to you..made me think i should invest in the steem alot more..
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Thanks man, not sure if the 1% compounding interest rate is reasonable/or right though so don't take too much heart from it till one of the 'experts' show up lol
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If i remember correctly the inflation is limited on the system to 100% per year. The current inflation we are getting is related to the low number of users. In a few days week it will go down significantly. The more users the less we get.
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Then the price of Steem should act as a counterbalance once that limits reached thus, pushing up the steem price significantly? I hope so atleast.
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