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RE: A Simple Illustration of a Bull Market - The Core of Steemit
Do you think Steem marketcap has bottomed or Steem currency? I don't think the level of investment in Steem power is keeping up with the inflation and price will continue to drop. Or am I missing something?
The current investment mirrors a base of 'only' 50k-60k users.
In the very long term I'll agree, we're in an inflationary system that will eventually find a mean that may well be below the current value. At that point, all current investors will have tenfold their holdings, though.
It's all relative, but I do think the limit for growth is not even close to in sight yet.