RE: Daily Contest Leo Edition: What Do You Think Would Be A Good Base For The Steem Price
I like a $0.10 Steem base. Not because I like seeing the value of Steem in the garbage, but because it allows a chance for "early" investors to accumulate Steem for cheap and help distribute Steem more so it becomes "more decentralized".
Plus, during the last bull market, a lot of "cheap" cryptos skyrocketed because people don't understand or don't care to look at the supply. If Steem can get some of that wave of investors for "cheap" crypto, it's probably not good for the long term, but it would be good to get Steem some extra publicity as it surges higher.
My base price would be high enough to keep Steemit and other projects open and developing, but as cheap as possible so those that are investing and putting in the work now are rewarded in the long term.
WINNER!