- Let's make a simple comparison with Facebook.
- The number of users on Facebook is doubled, but it is one billion.
- Facebook's market cap is $ 287.9 billion.
- The value per Facebook user is $ 288.
The above conditions are imported into steem.
(1) The number of members of Steem is 133,316.
(2) The estimated market capitalization is 133,316 * 288 = $ 38,381,676.
(3) The current number of steem is 242,922,324.
(4) The appropriate value of steem $ 38,381,676 / 242,922,324 is $ 0.1580.
(5) $ 0.1580 is 0.000014822 btc.
The current steem seems to be a little undervalued when compared to Facebook. Although it's a bit ambiguous to compare a block-chain-based business with a centralized service, I personally believe that a block-chain business is ten times more valuable than a centralized one, so the current value of Steem is worth about $ 0.10 per 10,000 user I will judge.
The current value of steem I think is $ 1.3 (0.0012195 btc). If you recalculate the bitcoin or etherium data and recalculate it, you can imagine the value of a block-chain-based business over a centralized business.
What do you think?