Will Steem Price Return to the Old Days?
Yes, if people are willing to pay that amount of money for it.
The price of a crypto is the highest value someone else is willing to pay in exchange of it. That value increases with demand. Steem was in very high demand during its all time high because there was hype on the overall crypto market.
Now that the hype is gone, the bubble has finally bursted. Steem will see another all time high if another speculative bubble starts around it or the demand increases naturally.
The demand for Steem will increase naturally if more and more people use Steem as a currency which will slowly increase its price as well. If Steem is used more as a currency, more and more people will be in need of Steem. When someone buys Steem, it puts buy pressure on the market.
Until any of that happens, Steem won't reach the price of good old days.
You said basically nothing but it's completely true lol.
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