At first glance, $500/steem sounds kind of crazy.
Thanks for the comment. What most people fail to understand is that #STEEM has NO DEBT whereas all other Social Media Sites are being measured in $dollar terms which is in itself A DEBT INSTRUMENT that is rapidly loosing value..!!
I have said all along if #Steem does what I think it will and I am more confident now THAN EVER BEFORE, then the #Steem blockchain will be a +$500 billion Social Media Powerhouse..!!
The first time I mentioned this was last year in June when #Steem was valued at around $500m.
For anyone who may have missed it, here is the explanation as to why #Steem could hit +$500 billion.
Why I strongly believe that the STEEM ECOSYSTEM is set to become a +$500bn Powerhouse..!!
Stephen