#Steemit is pretty hot... but I was taken aback by its market cap - more than $100m?! That peaked at $300m?! Those are completely insane numbers... I don't see a site like Reddit or Medium making more than a few million a year... $50m valuation tops in my mind. Granted, Twitter makes almost $2bn in advertising... and Facebook about $20bn... but it could easily be another 5 to 10 years before the traffic here could even get close to those, and a lot can happen in 5 to 10 years!
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