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RE: AskSteemit: What are your thoughts about the recent uptrend in price?

in #asksteemit7 years ago

It is very, very difficult to estimate a "fair" price for STEEM in the short term, mid term or the long term. Out of the existing features, the fact that Steem incorporates a very robust payment system into social media is a crucial value proposition. Imagine 70% of everyone you know using Steem, including most businesses in your local area. Your need for banking would be drastically reduced.

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