You are viewing a single comment's thread from:
RE: What are the odds of steem ever getting to $5000?
Dear @niel96
Can it hit 10 dollar per token? Yes, it probably will when the bull market goes again in full FOMO mode. We could even beat that number.
If we would ever hit 10$ per token, then we will also witness death of Steemit.com. Would you ever spent 500$ just to buy 50SP to be able to use this platform? Even if STEEM will reach 2-3$ then I can forse huge problem with lack of new users, not willing to spent that much money just to "try what Steemit is about"
Have a great weekend,
Piotr
That's a good point. They would probably have to lower the resource credit requirements by doing a hard fork.
Dear @niel96
I believe by the time Steemit Inc would decide to change their RC algorithm - damage will already be done and this platform will turn away thousands of potential users.
If price of Steem will increase then this platform will start dying :(
But on the other hand, you have to spend money to make money.
Why do people want it free?