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RE: STEEM - Break out UP is continuing
STEEM is starting to buying pressure....it is a wonderful thing to see.
We are on our way to $2, perhaps by year end.
STEEM is starting to buying pressure....it is a wonderful thing to see.
We are on our way to $2, perhaps by year end.
Hehe Indeed I think we have the best still front of us. Take care and enjoy
Oh @cryptopassion, you would not believe how much I think the best is still in front of us....I am super bullish on cryptocurrencies. I think any legitimate blockchain is going to soar in 2018.
BTC and the other ones...I am bullish on...I can see $40K-$50K BTC in 2018.
I am hyperbullish on ones like STEEM and BTS...I put forth a target of $100 STEEM in 2018.
What do you think holds the greatest potential for explosion in the coming year?
To have $25B market cap for STEEM ($100 a STEEM), SMT has to be super success story (e.g. several big media outlets adopt SMT), wallstreet jump into STEEM, and perhaps we have 5-10M users. Not impossible, but I would say upper bound for STEEM in 2018, however, lower bound could be easily $10 (e.g. SMT slow adoption but steady, Bitfinex/Binance adds STEEM, more than 2M users etc). Great work @taskmaster4450, I am a fan of your FA (Fundamental Analysis) along with @cryptopassion and @haejin's TA.
It is an aggressive figure, no doubt about it.
That said, by the end of 2018, I really do not think a $25B blockchain will be that big. Wall Street is on the way and I believe they will put a ton of money into this arena. And I'm not the only one: Novogratz has the marketcap for crypto reaching $1.8T-$2T (I am only at $1.5T) by the end of next year.
Honestly, I think Vice brings in over 5 million people on its own.
People might have a moral issue with porn but nobody can argue it has a huge following which means a lot of money.