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RE: Mass Adoption For STEEM??? Massive Bull Run??? In The Cards But When???

in #steem6 years ago

Yes I am aware of that but they also have a set supply-steem doesn't. Steem is about rewarding people which would mean cashing out. Steem has a huge supply different than other coins.

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Supply is just 16 times higher than BTC at the moment

And it will grow yes i also know the inflation rate for steem. $1000 steem is just to hard not impossible but to hard to reach. A $100-200 steem is the most realistic possibility

Hard to reach perhaps. But other coins have reached $1000 Eth for example and they don't even have a real world use case. Steem has a daily use case. It's scarce so there is no upper limit.

Well eth gained much of it value by its Dapps and tokens built on top of it. In fact many of its tokens have a real world use case. Sadly the ico craze is pretty much more so the eth logic of price gaining won't do much to steem. But it would help lower the trading supply of steem which makes supply and demand laws full in affect.

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