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RE: Steem Price is Down. Should You Be Worried?
Thank you @azfix for your comments.
I personally think the price is overvalued as I remember just a short time back it was at around .08 and sky rocketed. We are in need of a major correction back to the .25 range.
I have to disagree here. The value of steem is different than other cryptos. Its value should be measured by the quantity and quality of the content it is generating, and that has skyrocketed since it was 0.08.
If its measured by the quality and quantity of content then it might be at .01 whats really interesting is the technology behind Steemit and having a social network on a blockchain.