Slowly and Beautifully, Steem Shall Rise Again!
With the cancelation of hard fork, altcoins have gotten some breathing space. Steem has been way below its deserved value for a long time now due to investors putting all their money in Bitcoin in hopes of some extra cash.
Get ready to Steem on because the Steem engine powered train is leaving the platform. I have said this many times and I say that again that the normal current value of Steem is significantly higher than it has been for a while.
Bitcoin Fork Ruined Steem's Good Run
Steem had a really good run when SMTs were announced by @ned, only to be ruined by successive Bitcoin forks. It was only wise put all the money in Bitcoin for maximum profit. But no one was going to stay in Bitcoin forever. Smart people know that there are some amazing projects based on other blockchains, such as Steem and Steemit.
Steem Will Rise!
It was unnatural for Steem to stay so low. The drop below $1 and even $0.90 wasn't because of any mishap or perceived lack of value in Steem. It was only due to the fact that being in Bitcoin was a better thing to do for a short time. However, smarter were the people who bought Steem at its lowest in last month. They are the ones who will be happy.
Steem remained $1.2 to $1.6 normally before the fork induced drop. It will go back there. I'm pretty sure about $1.5 to $1.6 and it will be achieved soon. From under $0.90, Steem is already above $1 mark and making good progress upon return of investment in Steem.
I and my colleague @jbn bought some Steem today when it was just under $1 because we knew it will shoot up. Personally, I have great hopes from Steem. I think it is a very good investment. There will be profit for those who kept faith in it.
Conclusion
Steem is here to stay and grow. Forks and FUD can bring the value down for some weeks but it cannot stay there. It has to go back up. That's why I say that...
Slowly and beautiful, Steem shall rise again!
Thank you for reading this post. Please upvote and resteem for the love of Steem.
Hope you are right.
Thanks for encouraging post & steem on! ☺
Thanks Andi, (is that the name? If not, I'm sorry!)
I thank you for stopping by and commenting on my post. It gave me a chance to look you up and follow you. It would be kind of you if you could resteem the post and connect with me for
And the colleague approves of this phenomenon.. will be resteeming..
Thank you. Thank God we got it just in time.
Yesss.. if only we had bought the day before, we could have gotten steem at 0.93 $
I'm with you 100% on this after the good vibes from Steemfest 2. Next year will be great!
Considering that next there would be SMT launch and ICOs on the Steem blockchain, Steem can reall
I agree, hold and work hard 😁
I agree with you, steem has a lot more value than its actual price!
Thanks for reading and leaving a comment.
img credz: pixabay.com
Nice, you got a 61.0% @dkid14 upgoat, thanks to @ilyastarar
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Not only STEEM, but other altcoins are rising too, for example, Ethereum had a good gain since the cancellation of Segwit2x hard fork.
As a staunch Steemian and a Steem fan, I care more about Steem than any altcoin. Steem will become one of the main blockchains in the cryptosphere in coming years.
Yes, what you said is true. Alts are already rising!
Hopefully so :)!
Yes it will rise! 😀
It has risen and will rise even further!
Cheers for that! 😀
And it keeps rising!
Yes it is! 😀
Thank you @shikika! Thanks for reading and commenting. Hope to see more comments from you.
You are most welcome @ilyastarar 😀 Thanks to you, too! 😀More to come! 😀 Have a great day! 😀
And hey!
Kumusta?
Followed you.
Hey!
Ok lang po. 😀
You speak Filipino?
Thank you so much! I really appreciate you're following me. 😀 Bright Blessings! 😀
Just a little bit po.
Pakita mo ang lehtrato pakiusap. Hahahaha
Hahaha. You mean picture? It is litrato not lehtrato 😀 Wala po akong litrato. Lol
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