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markkujantunen

Published: 01 Apr 2020 › Updated: 01 Apr 2020

I posit that all these games with HIVE/STEEM are insignificant compared to what Bitcoin does. I have a hunch that come April and May, a lot of retail investors are going to be scraping the bottom of the barrel to be able pay for rent/mortgage/food/car. It'll get progressively worse as the year goes by. STEEM and HIVE will be around 1000 satoshis at the end of the summer and BTC will be at $3000.

Unless the average Bitcoin investor has enough fiat to be able to buy every dip, of course.

Market cap is a really poor measure of worth for a coin because it's nothing but the spot price multiplied by the number of coins in circulation. It could evaporate very quickly.

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