Steem Is A Marathon Runner
I think that Steem will be $10 before we know it. The price is low today. It isn't just Steem that is on discount today. The entire market is down. I look at the past 2 years or so and some of the huge winners include Bitcoin (of course), Ethereum, Litecoin, Ripple, EOS, and Bitcoin Cash. There have been huge price swings but the dips and corrections are always eventually followed by MASSIVE spikes in price. Steem, too, has been successful.
BUT I think that Steem's success has been only a partial measure of the true potential of Steem. Steem is far and away the most utilized Blockchain (from what I understand) and while large scale adoption of Ethereum and Ripple are also occurring (Ripple as a payment mechanism in some existing enterprise applications), Steem's Blockchain user base through Steemit, DLive, DTube, and other Steem DApps has been consistently growing. Some point at inflation of Steem in arguing as to why it hasn't quite rose with the same ferocity as other coins despite its success.
I disagree. The Growth of Steem is much greater than the rate of inflation. The Steem Blockchain shows more and more potential on a constant basis. Steem Monsters, DTube, DLive, and others are some amazing innovations just beginning to show the power of the Steem Blockchain. We all also know that SMTs will shine like a light across Steem and will raise it to new heights. But even prior to SMTs and without them at all, with the power of DTube, DLive, and the power of the large captive audience that Steem/Steemit/DTube/DLive has, the price of Steem, imo, is somewhere around $10. Once SMTs are here it could go even higher. I think that $10 will come some time soon. Stay strong; weak hands can make you a poor man in the crypto market. Hodl! Steem's pace will increase when necessary and it will fly!
Steem could be at $10 by the end of this year. $5 seems more likely but I'm not sure.
I really hope you right...
I do too, my friend! :)
I really hope Steem can reach 10$ like you said.
But, I'd be satisfied with a 5$ Steem.
And I totally agree with you that it hasn't shown its' potential yet.
If it gets to new highs, like you said, it could get at the end of the year.
It's just not looking great at the moment.
Hola @biddle pienso que solo los holders reales ganara con este mercado, because we know that cryptocurrency is just being born and all in the beginning could be difficult and more when we talk about technology, en el caso de steem es uno de los unicos proyectos que tiene una utilidad real asi que creo que es solo cuestion de tiempo para tener un steem con mejor valor en el precio. Regards
Exactamente! Somos aqui mirar cryptocurrency estando nacer! Amen to the fact that it will just be a matter of time before Steem hits a high price! I know it will be, so I'm relaxing, saving, and steeming on! :)
Yes, we don't need weak hands because weak hands means people who follows speculations and enter into panic state and this state is not effective in Crypto Market. And Steem is doing well and when we say well sometimes that wellness will reflect in future, for example, in main examination we prepare for whole year to get effective marks, same way Steem will grow, currently it's preparing for the great heights so, it's the real time of HODL and Steem On. Thanks for sharing this post with us and wishing you an great day. Stay blessed. 🙂
Yes.These days difficult time to treading and investing of crypto market. All main tokens down.
Yes.I might be true. Steem will be most valuable token after launch smart media tokens. Dapps really great chance to earning. It's very easy to use nice interfaces indeed. I trust steem might $10..Yes..I have hope and be strong mind. Thanks to you @biddle.
One million and counting, accounts have already been created on Steemit. The steem blockchain has the highest number of transactions.
I see no reason that Steem does not trades above its previous highs of $8 in 2018.
You missed the part that transactions are free of cost, which can make Steem the most preffered mode of payment, when blockchain adoption rockets. And Yes you are right about the transactions. Spread the word.
The fact that Steem has no hard cap, makes it inflationary, so in order to overcome that the adoption has to keep up with inflation and that's how the prices can rise back to previous highs.
Yeah, absolutely, it's inflationary, but it is an algorithm based inflation/mathematical, and unbreakable, so manipulation can't be carried out. As long as the Steem Economy flourishes, it will EASILY outgrow inflation. :)
I love the way you explain things.
Imagine the steem coins reaching $ 10 and you have 10 coins saved or better yet, you have 100 Steem. OMG
A lot of hope for the steem to reach $ 10 would be very beautiful
$10 be the end of the year. And Steem in top 20 by 2019.