steem should be $1 at least, steem should be $10 if we had more users.... metacalfs law , value of telecom network grows exponentially with more users
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steem should be $1 at least, steem should be $10 if we had more users.... metacalfs law , value of telecom network grows exponentially with more users
Just users, without additional utility, is merely 9m new accounts per years which are ready to dump/create down pressure.
Telcos have both paying customers and upsell strategies. Even more in developing markets does that matter when looking purely at user numbers.
Uncle Keynes would be happy but increased numbers does not result in scarcity, or increased token value. It just means more people will some day sell it.
It's about utility.
Now look at ENG. ENG is a central token in this "not STINC evolution" and needed for everything. That's utility. That's when scarcity will drive price up, because everyone needs it for day-to-day use.