What is a fair price for STEEM?
Why it is dropping the price on STEEM?
Whether to invest now in STEEM?
These questions can often be found in blogs.
Try to understand.
To begin understand what is STEEM? Many believe that it is a social network where you pay money for posts and likes.
But this is not true. STEEM is a financial platform based on blockchain technologies.
Social network STEEMIT uses this platform as a key part of its functionality.
Yes platform STEEM, tailored STEEMIT, but can offer much more spctr services than just paying for the posts.
What, for example?
For example, payment of goods and services in enough hard bitcoin USD STEEM (SD), which is equal to the price of the US dollar.
Why SD? Because because of the lack of price volatility, buyers and sellers are insured against losses associated with sudden rise or fall in the exchange rate - a problem of almost all cryptocurrencies.
While she's friendly against micropayments, because there is no fee for the transfer.
Also SD can just keep the account and get a good Godoy percent, which exceeds the income from Bank deposits.
But we are still interested in the price of STEEM.
First you need to understand what affects it?
First and foremost is the sale STEEM whales.
How much they sell can be found here: http://steemdown.com/
According to statistics it is seen that 93 of the 200 account to withdraw approximately $867 thousand
Ie a week, bringing approximately $ 1 million in STEEM. I.e. at the moment when there wanting to buy STEEM 1 million dollars in a week, price STEEM will not fall.
Now let's try to understand, and why would anyone want to buy STEEM 1 million dollars a week?
But first why bother to buy a STEEM?
All have seen fantastic highs IT startups the last few years. And many investors are closely monitoring the new trends in information technologies trying to get into promising projects as early as possible.
STEEMIT no exception. This startup was one of the first of its kind, which is still in its infancy. But does this mean that now is a good time to invest?
Since similar projects yet, try to compare with the most similar meaning with existing social networks such as Facebook.
According to the report, Facebook in the I quarter of this year, monthly social network comes to more than 1.5 billion people daily around 1 billion people.
The capitalization of the company in the first quarter was about $319 billion.
Accordingly, one person has to order 212 dollars capitalization for the monthly statistics and 319 $ for daily.
Let us try to calculate the same parameter for STEEMIT.
Active users per day - 4162 man
The capitalization is $ 110 million
Per person for daily statistics, about 26 thousand dollars.
Received 319 dollars per person on Facebook and a similar figure of 26 thousand dollars in STEEMIT. The difference is more than 80 times.
But even if we take all accounts STEEMIT (including bots, mining and unused) only about 82 thousand get 1341 USD per person.
Even this figure exceeds the estimated parameter for monthly Facebook statistics more than 6 times.
It turns out that even just to hold a cap STEEMIT have something very serious to oppose the addition of Facebook, what would investors invest at the current levels.
What, for example?
For example, the growth of users far exceeding the growth of users in Facebook.
How to do it? That is another topic
Why I am repelled by the number of users and market capitalization? The fact that this parameter helps to estimate the income from the sold and the profit of its shareholders.
It turns out that in order to catch up with Facebook (via the value for money of the user) at the moment STEEMIT need actinic users per day, about 330 thousand. Given the fact that this parameter is almost not changed over the month (despite the increase in the total number of accounts) to do this is not very easy.
And that's without taking inflation into account STEEM about 25% per month. Yes, it decreases, but will not be less than 100% per year. I do not consider it as a bonus STEEMIT for what is a promising start brought a lot to the advertising, promotion, and genuine efforts to use cryptocurrency to all mankind.
In this article, I do not consider the manipulation of the price exchanges. In the field of cryptocurrency is a very strong factor that can not spasyot from the accounts. On conventional exchanges, trades can be stopped in the case of rush, here many of crypto currency exchange themselves support the pampas and dumps coins.
So invest in STEEM or not? You decide, but according to calculations it turns out that the price at this point is greatly overstated.
Detailed information can be found here: http://mmgp.ru/showthread.php?t=465083
