I can't see the bottom being much lower than this. I was happy to pay 4 bucks a unit because I really believe in steemit. It's got the momentum and I can't help but to think about how addictive it is.
I was never on facebook or twitter or any social media accounts. I recently got a twitter account just to follow what might come out of Trumps mouth. I like following American politics and I'm not the only one who started paying attention when Trump took office.
Love em or hate him one thing is for sure. There has never been this many people on a global scale that started to simply pay attention..(sorry there goes the adult ADHD again!)
Anyways, one of the key factors that makes steemit such an attractive investment for me is that it is very addictive. It doesn't matter if there is a new "steemit style" platform/APP's etc. that arise in the next few years. Without a massive fortune in marketing they will never catch up to steemit now.
I know there is controversy with aspects of steemit, such as bots, self upvoting, resteem services and whales for example - it doesn't matter. The talented and highly vested members will work that out amongst themselves with more and more developments to level the playing field. Not to mention that if someone sinks a hundred thousand into steem power they should probably have a top spot. It's all been fairly organic as it seems to me anyways.
Like Banfield said, "we just need one massive whale to decide that they want to pay for the number one spot and hold it, that will benefit everyone with steem. Besides, we each have our own clicks we like to post on so just keep posting, upvoting, replying and in time, as the best judge, we will all see. As for me, I think the price of steem right now is right on! A great time to top up the steem account. :)
