Poll:85 Do you think Steem is Undervalued?
A lot of people have come to the assumption that Steem is undervalued and actually according to the numbers like GDP count where they give value to the count of how many transactions and what kind occurred. Well if that has any measure at all just by that fact alone that the Steem blockchain processes more transactions that any other coin alone states that it is severely undervalued in it`s current ranking.
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#Poll:85 Do you think Steem is Undervalued?
tough one ... as i want it, i would say yes but i think its futile since i have no control over it. A few whales control the price as is with all crypto and i dont think regulation by governments would make that any better.
What i dont understand is why they don't trade it between 5-6 instead of 0.50-1.50 , the returns would be the same.
And what i also think is the top 20 of the upper-class doesnt work very hard to improve the price. They seem to work very hard to improve their own wallet more. Which is what politicians do in most cases, with maybe the exception of Julia Reda here in Europe (but thats b/c she doesnt have any real power yet, if the overlords were smart they'd give her a throne to sit on lol, case closed)
advertising money is still my best bet, but those people with their "principles" ... principles they can afford since they dont have to do it for the money. If not undervalued id say its in any case from any angle seriously underrated, and if they don't stay on top someone will come up with an improved clone.
I think it is for sure undervalued but no idea with how much. Many things /financial products are long time over or under valued.
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