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RE: Steem Hitting All Time High Of 7 $ - Steem Dollars Hitting 10 $ Again :)) - Great News
What happens next? I hope a moonshot by mass adoption, but I think the price will dip back to 3 USD in the next correction. The reason is the relative high inflation (what is needed to make the system work). There need to be quite big steady inflow of new money to only maintain the price.
Yes hopefully after hardfork 20 we will moonshot by mass adoption.
And yes the price will definetly dip, but i think a little higher than 3 USD.
I always wondered what is the value of steem other than vesting. We need to figure out how to drive demand for steem. The vesting part seems to be working atm. Lets see what will happen after mass adoption.
thank you. great news. thanks so much for your analysis sir.