Answer This Simple Question And You Could Win 3 Steem !!
Hello All Dear Steemit Friends,
So guys many of us have trust on Steemit and we are very much confident that steem will be moon in few years from now but today i wanted to know about the exact thinking of you guys that how do you see steem in next 2-3 years and are you still Bullish on Steemit that it can change your life??
It's a really simple question and i want to know that what you guys think about this because a future of a cryptocurrency depends on it's users and their mentally that whether they are seeing a cryptocurrency as a way of investment or as a way of quick profits.
You can give me your answers in the comments section of this post and iam going to announce the winner of this contest on post payout day for this post,
So Best Of Luck !!
Thanks For Reading My Post
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I am bullish on steem and its blockchain. The steemit ecosystem is going to be the most effective crowdfunding platform to support different projects all over the world. Transparency and decentralization is the key.
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The market should go up after the holidays. By Feb-March steem will be at $1-3 again. Long term, we can expect a $10-15 in a year or two. Crypto adoption is wildly spreading. A place like Steemit literally gives people value for their time and effort. A lot of my friends curious about why i'm never on facebook and Insta but always online. Till I show them how my likes and comments = money lol
I do believe that Steem is going to be one of the valuable asset of crypto traders or social decentralized platform in a couple year. I keep creating contents in Steemit to earn more Steem Powers because I am sure to the future bright of Steem Blockchain.
Hi @thecrytotrader,
When I look at the charts of altcoins like steem, I have to notice that they are strongly correlated to the price of Bitcoin. At the moment we are assisting a long downwards trend in bitcoin prices that started in November 2017.
I believe however that we have reached or we will soon reach a floor where the trend could change. When this happens bitcoin and stable altcoin will increase in price.
Steem is different than most altcoins
If you look at all the altcoins and tokens available and how many new ones come to live it is quite difficult to get an overview and to define which coins are trustworthy. What is different with steem is that it is not only a currency. It is also a whole ecosystem of websites and a well working blockchain that is used by tons of apps.
In addition to that in the soon future, the steem blockchain will be adapted to host SMT. Which other blockchain can offer free transactions, a new block every 3 seconds (maybe except EOS which is built by the same guys that built STEEM)?
However one should never forget that STEEM is built on a strong inflation rate of I believe around 9% before this drops little by little.
Steem will probably keep its value or increase slightly
So when I take into account all the points above, I believe that in 2 to 3 years steem will be worth around the same amount that it is now. The effect of SMT and the trend change will be compensated with the inflation rate. So it will probably not increase in price very much but it will at least keep its value.
What we should do is to develop our steem power and profit from the things to come
Sorry my comment got a bit long ;-)
Best regards,
Achim
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I have believe in steem,i have seen the last year rate that's why i still believe it. People are predicting that steem price will rise in April. We don't have nothing to do. We just to need to kepp using them. I hope we will get rewards for our work
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Hi @thecrytotrader!
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