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RE: Steem at 0.80$
Yeah, I can't even imagine what would happen if the price went over 5$ for example it would be pretty crazy!
Yeah, I can't even imagine what would happen if the price went over 5$ for example it would be pretty crazy!
I'm not sure Steemit really justifies that high a price just yet, but it may well get there when we have millions of users. There's really no upper limit. As it is we have posts earning well over $1000 already. That's pretty good money. I'm happy enough making a few dollars.
Steem on!
I like your attitude. Even if our daily posts only earn 5 Steem, for instance, that could be a big deal some day. I believe Steem has the potential to reach $100 in the future (maybe more). That means that each day we potentially put $500 into our retirement account. That is unheard of with today's spend, spend, spend mentality.
A while back Steem was worth 7c, so any rewards back then are already worth 10x as much. The time we invest now should really pay off later.
You bet! 7 cent Steem got me really excited. I only wish I had bought a lot more back then. I knew it wouldn't stay that low. And I know it certainly won't stay at its current price. So even though the concept of buying Steem at $.80 seems ludicrous when it was less than a dime not long ago, this might still be the hottest price we will ever see from an investing standpoint.