Series: What are structural issues when STEEM hits very high price $100 or even $3000: Part#1
steem·@riseofth·
0.000 HBDSeries: What are structural issues when STEEM hits very high price $100 or even $3000: Part#1
Recently there are lots of buzz on the higher end of STEEM's price. Fundamental Analysts @taskmaster4450 have been preaching STEEM to be $1000 currency for eons. However, @cryptoctopus recently made [a post](https://steemit.com/steem/@cryptoctopus/how-much-can-steem-be-worth-in-the-future-impossible-usd3121-steem) where he compared STEEM blockchain to be in par with Google ecosystem rather than Facebook. Therefore he argued that STEEM could price of $3,121 if it can match Google's marketcap of $700B. Well cited technical analyst @stephenkendal have made [a vlog](https://steemit.com/steem/@stephenkendal/the-deception-manipulation-and-fraudulent-bubble-is-the-mother-of-all-bubbles-that-few-people-are-talking-about-here-s-why) where he thinks that STEEM could reach $500B market cap in the long run. At $500B market cap, a STEEM will be priced around $2000 at current supply.  I was thinking what are the structural issues that can arise from high price STEEM. As an aspirant fundamental analysis, I love to analyze through data and blogs from fellow steemitians to figure out how those structural issues rise and what are the solutions going forward. Therefore, I will write few blogs in parts to address those issues and solutions: 1. Lots of new money needs to enter each day to sustain high price. What will be the sources? Part#2 2. Large voting power to large number of people. How it will be managed? Part#3 3. How Steem's current fault of large self/proxy vote or bot vote abuse will be resolved and seen by big SMT based ICOs. Part#4 4. Can a whale or a group of users break $100s of billions behemoth that is STEEM blockchain in future equivalent to 50% attack on the blockchain? Part#5 5. A healthy, sustainable economic model on STEEM blockchain where a educated middle class dolphins arise, who check on rogue whales and uplift upcoming minnows. Part#6 6. Other possible structural issues- still thinking and need feedback. Part#7 7. Summary and Conclusions. Part#8 If you are interested to participate in this discussion, please participate in the comment sections. Related readings: 1. https://steemit.com/steem/@taskmaster4450/why-outrageous-projections-about-steem-or-the-entire-cryptocurrency-world-are-not-really-outrageous 2. https://steemit.com/steem/@cryptoctopus/how-much-can-steem-be-worth-in-the-future-impossible-usd3121-steem 3. https://steemit.com/steem/@stephenkendal/the-deception-manipulation-and-fraudulent-bubble-is-the-mother-of-all-bubbles-that-few-people-are-talking-about-here-s-why 4. https://steemit.com/witness/@aggroed/blockchain-heresy-and-steem-economics-some-steem-platform-inflation-is-a-good-thing-it-just-depends-on-how-we-use-it 5. https://steemit.com/steem/@taskmaster4450/what-steem-needs-the-most-something-a-whale-like-fulltimegeek-understands-dolphins-dolphins-dolphins <center></center> Image sources: Most images are open sourced (e.g. Pixabay) with Creative common license. Some images are used with due courtesy to respected owners. Thanks for reading. @riseofth Cryptominer since 2013, occasional trader and tech blogger
👍 riseofth, decentropia, djnotleks, theia7, crypto-futurist, mrwalt, busy.org, ccnew, thinkkniht, puffin, dotevo, andreistalker, steemtimes, ivanviso, tbaumer2, dieley, maovader888, ili0braz, peunda, brandongiesing, leranion, aki0007, ravenground, rajoy, ajaxmd, alauddinsee, shyrybovich, clique, regalsoldier, ivan123, kingingodwin, sbd.giveaway, life.goals, detencionmtc, photo-share, wrxcryptominer, multidimensional, ysnemrr, snailplant, pes7md, ronnn, feestvreugde, thesouthface, hamza.shahzad, zaidal71, barcenas, hamzatheone, kingcoc, adriatik, drotto, minnowsupport, pharesim, dorabot,