WHAT IS THE FIRST METRIC TO JUDGE THE STEEMIT POTENTIAL IN THE FUTURE ? In 3-4 Years $300 - $400
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I have obtained a detailed report from the internet about search status of www.steemit.com . The current market cap of steem is $378,827,048. The marketcap can give only the current outlook, it can not really reveal the underlying current of the consumer activism with www.steemit.com, we need to look at other metrics.
Current Steemit – search percentage & ranking :
COUNTRY - VISITORS - RANKING
USA - 33% - 1399
UK - 6.5% - 1099
S. KOREA - 6.4% - 792
GERMANY - 4.3% - 2116
INDIA - 4.2% - 3519
Ø Currently based on the search results, the major traffic from users are from these 5 countries
Ø Potential leg up from other prominent far east countries like China, Japan etc., other major European countries, South America shall be a game changer
Ø Coupled with digital India mission, India the fastest growing mobile market for 1.25 billion people with largest number of people with English speaking ability can add substantial leg up to the growth of steemit in 3-4 years time as well as further volume growth in the above 4 countries.
Ø I think India has the potential to be largest market share for steemit in 3-4 years time.
Ø The above factors take the market cap of $378,827,048 to high multiples . Going into these metrics, I will not be surprised to see Steem at $300 - $400 range in 3-4 years time. The conversion of these searches in various countries actually becoming the members of Steemit is the key that will surely become a reality - this a rational reasoning.
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Shaji Manghat
Nice post brother, I would leve to see steem go 300-400, but even if it just went 50, alot of people would be happy ahahah
Peace, Carlos
Sir, I believe, steemit is the only working realistic blockchain that will have massive consumption - B TO C model... we need to buy steem power and hold on....people missed bitcoin, let thy do not miss steem power... by buying steem power, we can escape volatility
Great post, agree Steem has a lot of potential and am sure steem will be worth more in the future. if it will ever hit the 300-400 who knows (would be good lol :D) STEEM ON will follow:)
I have personally selected many multibagger with my research in Indian capital market for the last 5-6 years..based on various skill sets that I have developed losing lot of money prior to this success. I concentrated how not to lose money than to make money that created multibagger for me. I am sure, steemit is the only potential currency to unseat ethereum. People are still underestimating its potential
Agree with that