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RE: #1 Crypto For The Day - Bitcoin broke the downtrend?

in #cryptofortheday7 years ago

It would be a much larger step for Steemit members to see Amazon or any vendor accept STEEM as a form of currency. Just another way of getting Steemit a wider base of members and provide some impetus for an increase in price. Prices of anything are mostly supply and demand and with 248 million STEEM in the float it seems unreasonable that $6 or $10 STEEM is attainable with the current number of members and that level of float. Hope I am wrong but just can't see the factors that will push it that high. Maybe FaceBook would buy it out. Hmmmm!

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If amazon accepts cryptocurrency the first one will be bitcoin for sure, i don't see STEEM as a valuable coin for them, maybe facebook.... In my opinion this big companies will create their own coin not using others.
Thanks for your opinion

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