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RE: What are some facts that ensure that Steem coin will stay in scenario for a long time and will not lose its value in long term like many other crypto coins?
> should ever reach previous levels (4usd or more) because it would destroy this platform
Explain this. Why the price would destroy it? It doesn't make sense.
Dear @hijosdelhombre
I just realized that I never actually thanked you for your comment. Somehow I missed your reply and I only had a chance to read it now.
Right now new users already struggle with low Resource Credit limits. Without buying 40-50 STEEM and powering up noone can function on Steemit.
Can you put yourself in shoes of any new user, who would have to buy 40STEEM while steem = 4$ ? That would mean that Steemit would cost them 160-200usd just to "try it out".
That would kill new user flow.
Cheers :)
Piotr