I think Steem and Steemit are in a good place. The market went a bit mad in the last week, but has settled down now. It's great that Steem has stayed up and this will boost confidence. We have lots of new users who will be encouraged to stick with it and tell their friends.
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.