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

in #steem6 years ago (edited)

BLOCKCHAIN is going to change society. Cryptocurrency on the other hand is less likely. People don't care so much about decentralization. Its a niche thing.

Any large company or bank or government can implement blockchain technology without the decentralization aspect, which basically makes it worthless for the rest of us. Only good for them. Am I completely wrong here? Not saying that crypto wont have a place...but this whole 50 trillion mcap and Steem to 100 and btc to 100k..hmm..I doubt that will happen.

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I think this can happen soon too 100k one BTC .... and steem can go 100 $ too .

Steem is going to 1500 dollars easy.

:))

That is effin retarded. Don't spread lies like that. Steem will never have a market cap of $350 trillion USD. That is 3,5 times more than all the worlds stock market combined. More than all the worlds money markets. Just ridiciolus.

It may even go to $5000 a coin. Numbers don't have feelings.

Abundance is here to stay

While that would be great to see, a $1000 coin is just not possible unless the follwing factors happen. It could-just going to be really real painfull hard.

  1. Steemit reaches the level of Facebook+Twitter+Reddit+Chinese social site combined
  2. SMT are our own version of tokens and with oracles smart contracts are done. With this new liquidity source of steem locking to use the token + money being being pumped using steem/burned to create the token.
  3. USD has massive inflation-right now can't see it but it could happen. They govs after all.
    With these factors a $1000 coin is in reach.

You are aware that there are coins that have reached $19,000? And that coin doesn't even have a product out!

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.

Supply is just 16 times higher than BTC at the moment

Also I am assuming you are talking about Bitcoin? Well Bitcoin has a product it called being the digital gold. By tech? Bitcoin has the LN and RSK. By users? BItcoin has a huge community. By age? Bitcoin is the oldest and the most trusted. Bitcoin differs from steem as it is $ and ecosystem should build around it. A coin product sometimes is a coin,

It's the same stuff. It's a Blockchain coin. Steem feeds more people than Bitcoin. Steem transfers 100x faster. No fees. Digital gold is just a label.

Because you use feelings that is the main flaw. Math and numbers don't have feelings. Bitcoin will go to 1 million dollar plus easy. It's just math and scarcity.

Yeah, because math. lol. I just launched pee-coin. Only 5 coins. It will be worth 2 trillion each. Math man! Now I remember..we had this conversation once before, and I won. Not doing it again.

5 coins is not a market

I kind of agree with your point of view. But there is enough room for both.

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