I was thinking about the price of crypto for a long time and I'm afraid a bit.
Here is why. If we divide "market cap" of various companies with the number of users we will find that
- ebay, amazon, alibaba... value their users at about 500 $
- social networks, FB, Insta,Twitter value their users at about 100 $
- Groupon-like websites' users are worth 10 $
Marketcap of Steem is 100.000.000 $
We certainly don't have 1.000.000 users - so we are not FB. Our users are more valuable.
Maybe in 1.000 $ per user range. Range of those companies where people are spending their money.
But still, we don't have 100.000 users.
Do you find it realistic that every Seemian is about 2-3.000 $ worth?
If you think the same - power down and wait....