<p>I have been following the Fiat price valuation of <strong>STEEMIT.COM</strong> in comparison to it's competition.</p>
<p>It looks interesting to me.</p>
<p>Of course the site is new the whole concept is new but something doesn't look right to me.</p>
<p>Could those <strong>FIAT </strong>valuations be right?</p>
<p><img src="https://www.steemimg.com/images/2016/08/10/steem9d24d.png" /></p>
<p>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</p>
<p><strong>Steemit.com is currently   #15,071  place in global rankings.</strong></p>
<p>If you like this valuation you could even be impressed,but lets take a look at the competition!</p>
<p><br /></p>
<p><img src="https://www.steemimg.com/images/2016/08/10/facebook30138.jpg" /></p>
<p>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.</p>
<p>It has  valuation 29000 times higher than STEEMIT.com </p>
<p>Hmmmm.29000 times is a lot,Steemit has a lot more ground to cover.</p>
<p><strong>FACEBOOK.COM is currently 1st in global rankings.</strong></p>
<p>Lets see the most direct competion reddit.com</p>
<p><img src="https://www.steemimg.com/images/2016/08/10/redditeea90.jpg" /></p>
<p>Now that is a different story.</p>
<p>4 billions?Yeah,that is a lot.but still,it is the first goal steemit.com should drive to.</p>
<p>It is the platform that is the closest to what  steemit has to offer.</p>
<p>Plausible scenario that steemit will surpass that?Time will tell.</p>
<p><strong>REDDIT.COM is currently  at 26th place of global rankings.</strong></p>
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<p><strong>STEEM ON PEOPLE!!!!!</strong></p>