I can see that a lot of people around Steemit are going crazy because Steem is over $6 at this moment so just to give you my 2 Satoshis on that. I know, I know we are getting rich by doing what we love and that is just impossible to be happening in this world full of suffering, where you must hate your job to call it a job. And of course, on the other side, there is a doomsday crew calling everything pump & dump scam bubble.
I would like to point just one thing. Don't look at Steem $6, but look at its market cap! At this moment Steem has market Cap of 1.5 Billion. And now just think about what is this platform about and what is planning to become in the years to come. It is a new generation social media platform, and when you are comparing it and thinking about its price, you can just compare it with old generation social media platforms and their price. Steemit is doing everything they do in better, more transparent, fair and profitable way for its small users instead for Mark Zuckerberg.
And then if you believe that in some mid-long term all people will change their habits, overcome that fear of unknown and start using Steemit (and other new generation platforms) instead of Facebook and the old ones, then you just have to ask yourself one question. What is a market cap of Facebook?
It is around 512 Billion!
And we Stemians are on 1.5 Billion :) and we should grow 350% to be at 1% of Facebook value. Now just answer to yourself - Is Steemit worth 1% of Facebook?
