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I know what youre saying. But at that time the crypto market was in its infancy.
BTC imo doesnt do anything STEEM doesnt do magnitudes better.
Even if you point out inflationary vs deflationary, i could still point out that STEEM inflation isnt far off from BTC inflation from mining at year 3.

The whole point is being the first in everything.

If steem had bitcoin market cap, 1 STEEM would be worth 200 USD.
As i said. I can see STEEM hitting $10 in 5 years but with so many altcoins, 200 dollars or even $100 is farfetched.

Hope im wrong. Haha

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