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RE: STEEM is a Highly Undervalued Cryptocurrency
I love steem but its hard to say exactly what its value is or should be as there is a pool of steem from this platform that is created and given out to curators there by watering down what the value of steem could truly be, but with that said i still think its a great long term investments and i believe that it will be able to stand the test of time. it will definitely also increase its value in future as more people use and learn about it.
Other cryptocurrencies reward miners the exact same way. All currencies inflate the "pool" of money, it's just a matter of determining who benefits from the inflation.
I just checked the maximum number of steem and it's 263 million, we are at 246 million in supply. I believe that the value will really run up fast after we arrive at the maximum supply. I predict that will happen some time next year. My question is how will curators be rewarded if there are no more steem coins left to mine?
I didn't know there was a maximum supply. Now I'm curious too.