$3.72 is a unbelievable entry point into steem... If it doesn't Brake!
By the end of 2016 we should see some fire work in the blockchain technology space, right? The data is there and what I can see is all the mayor banks and the most advance form of government are paying close attention to this because it isobvious to them now. That they won't be able to rule this one. "This internet thing is making it a lil hard to govern." Said Kerry. If steemit doesn't brake in a few months we are going to say remember when steemit was only $3.72. Lets face it if steemit take only 1% of the Facebook, Reddit, and Bitcoin the exponential potencial will be unprecedented.
#argentina #canada #craig #dunn #cryptocurrency #steemit #ethereum #venezuela #uber #reserve #chriss #grant #federal #bitcoin
I don't disagree with you in principle -- if Steem catches on big (and doesn't get hacked), the move in price could be correspondingly big.
However, the 1% fallacy is a common way to mistakenly justify large numbers -- in reality, most products never take even close to 1% of a given market. There's a pretty good article about that here: http://www.inc.com/erik-sherman/the-1-percent-fallacy-that-trips-many-entrepreneurs.html