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RE: CASHFLOW OR CAPITAL APPRECIATION? - WHAT IS THE TRUE VALUE OF STEEMPOWER?
dividend certainly not always guaranteed to increase every year however, once a company has the reputation of delivering reliable dividends that increase over time, then the company start working hard so that it dosen't disappoint the investor.If we start with a penny on day one and double our"account" each day, we would be a millionaire within 28 days.
I think steem is still in the process of getting more reputation once it does it would be worth anything.
Still i can't say how much it would be worth
Absolutely...there is a point at which the dividend analogy fail.