I have been following the Fiat price valuation of STEEMIT.COM in comparison to it's competition.
It looks interesting to me.
Of course the site is new the whole concept is new but something doesn't look right to me.
Could those FIAT valuations be right?
Steemit.com is a very new platform and the 2 million valuation could be impressive,but given the hype that it created i expected it to be higher.You''ll know why when you see the next valuations
Steemit.com is currently #15,071 place in global rankings.
If you like this valuation you could even be impressed,but lets take a look at the competition!
FACEBOOK.COM might be a different kind of platform but do not forget that this is the site that steemit wants to attract people from since steemit.com is not a place just for geeks.It wants to attract the public.
It has valuation 29000 times higher than STEEMIT.com
Hmmmm.29000 times is a lot,Steemit has a lot more ground to cover.
FACEBOOK.COM is currently 1st in global rankings.
Lets see the most direct competion reddit.com
Now that is a different story.
4 billions?Yeah,that is a lot.but still,it is the first goal steemit.com should drive to.
It is the platform that is the closest to what steemit has to offer.
Plausible scenario that steemit will surpass that?Time will tell.
REDDIT.COM is currently at 26th place of global rankings.
STEEM ON PEOPLE!!!!!