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RE: Why the high price of STEEM will hurt Steemit in the long term
It is worth 10 dollars per user not more.
The price is bubble made by traders. Lets watch how long it holds. It is what its happen when traders trade with purpose to speculate and make money... Also, to buy and invest in steemit is very very high risk but high return investment. Any second there are hackers who works with out sleep to find a hole. Etherium is a great example of hacking power to influence the price :D