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RE: Guess I'm part of the woodwork. Three years today.
Congrats! I created my account in February 2017 but started posting only in June 2017. It's been one hell of a ride. From the depths of $0.069 per STEEM on March 10 2017 to the dizzying height of $8.57 on January 3 2018. It's $0.209 when I checked a moment ago. Development has picked up pace during the bear market and the whole chain is in vastly better shape than it ever was during the bull run. These valuations are really just garbage. There is no price discovery apart from blind speculation. When we have hundreds of games as successful as Splinterlands on chain and turning profit, then we may perhaps begin to be able to estimate a value for the base layer.
So true. I haven't dropped any fiat in for ages, but if they want to offer me STEEM under 20c, that's going to be difficult to pass up.
Yes, imagine 10 cent STEEM. For only $500 you could become an instant dolphin. Steem didn't die last time when the price was at 7 cents and there was no MIRA to keep the cost of running a full node down. At 10 cents there would be little downside left but based on the past, the upside could be huge. It could go up 100x or more like it did last time.