Oh I know this is insane just like any other crypto curreency that has gone up ALOT in value,, steemit is GOINGto fucking go back up in price and go Up ALOT like ALOT and theres no reason why it wouldnt! look at siacoin! its gone up many thousands of percent points!
and when steemit went from four dollars to 20 cents that was because it barely had any fucking users yet! and the whale to minnow ratio was way diffferent theer were just a few users all whales, all casing out when they could and people just saw a sharp decline and so noone powered up, everyone was powering down! it had to level out! and it did bottom out, it held, it maintained and remember steemit has higher money velocity, steem moves faster beause of ease of use and steemit is easier than bitcoin easier than any crypto currency! people move bitcoins and they move altcons on exchanges in exchange wallets i guess peoel have ethereum wallets too but yeah steemit is one of t he few altcoins with its own userbase, of 172,000 people! I meanat the begining of this year biitcoin had about 1 million active users and we were at $1000 per bitcoin! And so 172,000 users steem must have more users than probobly ripple and ethereum i dobt ethereum has more than 100,000 users!
LOL guess whose steemit article comes up when you search "How many ethereum users" on google? @dan wow https://www.google.com/search?q=how+many+ethereum+users look at that! SO according to this reddit article ttheres about 1.6 million ethereum wallets with at least some etherem in them
very interesting to see how in dans post the DC federal reserve is trying to keep tracck of total bitcoin users but they really cant!
this price spike in steem shown in the above photo is such swet sweet news
remember people! Steem is no different than any other crypto currency and as soon as people realize this, an as soon as people see ethereum based coins trying to copy steemit with a social media based on a blockchain it will be an incredible ride to $1000!
the steemit crowd will be like the bitcoin people who bought bitcoin at under $10 or even under $100 !
seriously we will alll be like those guys who bought 10 cent bitcoin! Theres no reason we cant see $100 or even $1000 steem levels!
steem might become bigger than bitcoin!
you never know ;)
just keep helping the developers like @dan @cryptoctopus and all the other hellpful steemit people who actually create new features like @jesta and thee rest and we should alll be upvting them!