Steem has made some insane moves at the beginning of this year.
Many expected it to and knew that Steem usually always lagged behind a bit when alts were moving up, either due to the nature of how Steem is aquired or the continuous printing of new tokens which many others don't have. It doesn't seem to have cared too much about it though and taken it's place with a quick and high uptrend like many others.
This chart shows the graph of steem 1 year back from today.
2 months ago I made this quick prediction of the chart of how I thought Steem would go and I'm surprised it looks pretty much like it now in the graph. The post can be found here.
Although I expect some correction to follow soon and Bitcoin probably making more moves upwards (which surprisingly doesn't seem to have affected all too many altcoins, maybe people are just using BTC as a gateway to alts now considering its dominance hasn't moved much) but in the long run I do believe Steem will continue to climb. Whether the latest moves have been due to the new additions to the network coming, like Communities and SMT's or if it's just a reflection of the activity and traffic is hard to tell, could probably be a little of both.
Where do you see the price of Steem in the beginning of 2019?
I just told my fiance today it would be atleast $100 by this time next year! She hated steemit since I joined in August........ but after i told her that she signed up immediately! Lmao..
Sounds like a perfect match <3
It really is 😊
@moderndayhippie Is the Wedding still on ??
Lol, yeah but now shes mad i didnt get her to sign up sooner! Im always in the wrong! Ha
Steem will rise even further post 2018, much beyond $100, especially if the SMTs become popular by then, which it is bound to.
Show her how we encourage new users with their introductions and she will be hooked!
By the way, I have a recent post on a related topic - Ten Ways You Can Use Steem When It Hits $10.
Oh i agree it will be much higher than $100.. but the truth is most people have a hard time comprehending that, so i pick a number other people can somewhat believe. I honestly think it could be closer to $500 or more 😉
I try to be both optimistic and realistic but check myself with pessimism.
The optimist says between 50-100 by summer 2019.
The realist says 30 to 50 but pressuring 50 often enough.
The pessimist says 'Sell now before it hits zero!' <<< my wife.
the hunter / hoarder dynamic never goes away..lol
So funny. I was having this conversation with my wife today too. And she said the same thing. I reminded her of the guy who bought pizza with bitcoins - he could have been a millionaire. She conceded :)
In fact it is now $200M at BTC $20K for 10K BTC :)
That's an insane amount of money - I wish!
Sounds like we have the same wife!
Why would she think it would hit zero? :O
2019 is a long way. Many new and awesome thing will now. But now just focusing in 2018.
@acidyo I'm glad you asked... accordingly to my sillygraphics analysis...
Great explanation. hahahah.
Haha, this is awesome 😂
thank you :)
I feel steem will climb and be pumped and bounce a couple of times due to the price of bitcoin but it will definitely at least be in the $12 to $15. Damn how about you tell us how much so we can gamble on your prediction if your new one is as good as your last guess.
I'd say $200+ considering the amount of people coming into this platform on a daily basis... Steem should be well embraced by crypto enthusiasts.
I feel like this year Steem is showing a lot of potential, this year I see it from a range of $15-30 being realistic
I see it at 3 figures!
So at least 100$!
It’s up to us the community if this project has success or not! So we need to put our best!
I personally see Steemit as more of a "test net" than anything.. the steem network is truly amazing doesnt need steemit at all to be honest, it is just needs a test platform to show what it can do and to figure some things out.. steemit wont ever be why steem goes to the moon, it will be because of the incredibly fast transactions on a huge network and the capability to carry other smt's.. as much as i love steemit, i personally dont ever think it will carry the steem network.. steem will eventually be kinda like an etherium platform, carrying other smt coins on its network..
hopefully this sparks a conversation not an argument.. what do u think @acidyo?
😊 take care.
Do you think the smart tokens (on top of steem) will just compete with steem itself in terms of price? A successful platform does not necessarily mean a high price. I am thinking like the new APPICS coin on top of steem. Interested to hear your thoughts on this.
I dont know if compitition would be the right idea. If the value of an smt on steem would rise that would help the steem network, not just the smt itself.
Hypothetically Steemit could fail and the steem network would be just fine. Appics is just one of the smt's i was talking about. There will be many more tokens to come, which will make this platform very strong.
You are right,
But since this platform will host so many other good smt's/tokens that means it will have a lot of value. And since its (micro) transactions are so incredibly fast and basically free, it will attract other companies to build on this networt, that's what will bring the real value to steem.
People dont realize how important speed is when dealing with cryptos, i personally even hate waiting for even litecoin transfers cuz they are so damn slow, and screw bitcoin it gives me anxiety waiting on that transfer plus the fees are ridiculous!
We cant have cryptos as the future with lagging transfers and huge fees.. speed and (basically) no fees will win in the end.
But thats my thoughts on it, and my opinion is worth what u paid for it ;) Lol..
@fknmayhem or someone correct me if im wrong on how i explained this
well if it hits it ATH of .007 BTC that will be a little over $100 already. I think we could definitely see that by 2019. With the crazy year the altcoin market is going to have, we could even see it this year.
If the growth is proportional from year to year and the market cap grow way up.
I will say Steem has to grow and reach $100 way before 2019.
BTC will be $50000 then.
I see bright future for Steem.
Keep on HODLING.
If STEEM goes to $100, it will be at a market cap of $25 billion. As the cryptocurrency market grows to trillions of dollars over the next few years, I can definitely see this happening.
I think you are right. We will also most likely attract a lot of new people here with the SMTs that are coming soon as well :)
A lot depends on HF20. Signups should be much simpler and faster. So we might in theory have a massive increase in membership. That alone would point to a significantly higher demand for Steem.
But add in the widespread embrace of SMT’s by some big players?
Whoa. We could put Ripple’s move to shame.
If things go half as well as I think they might, easily $100 in 2019.
But we might well have several million Steemians by 2019. If that happens and SMT’s take off, $100 could be quite conservative.
Great!!
Hard to say. I would love to see a 100$ steem, but nothing is certain, so I would be happy with even 20$ steem.
I would say $30-40 by 2018 and above $100 by 2019. In fact, I wrote a blog about possible price on year end 2018.
I see it at 100 usd
he follow and upvote I follow and upvote back
Hopefully $50+
about tree fiddy
350 Satoshis oooorrr...? ;)
350 billion dollars
per 0.001 steem
SPACE LAMBOS
Space Teslas
My thoughts for 2019, Steem will be up and down soaring way up than other altcoins. Maybe $18. We started high and strong at the start of the year, let us make 2018 another milestone for the Steem community.
I think the price of Steem will go up quite a bit barring a black friday scale crypto-wide crash.
So many factors to consider, but my feeling is a price in the $50-$75 range by the end of 2019.
It's incredibly exciting to consider the possibilities!
Well, the masses should be into crypto's at around 7% somewhere near 2020ish. That's 7% of the world population so what happens when the masses turns into 10% or 25% and beyond? In my mind, the one's in now if this is true are set up for success. I believe that in 2019, the year before the 7% is in full effect we should be seeing triple digits but what the hell do I know................ I digress.
Thank you @acidyou I know that STEEM will be much higher than what it is now in 2019. It will make @jerrybanfield's goal of $10.00 look like a small SpeedBump in the road.....
I think we may end 2018 somewhere in the range of US$ 30-40, with a bigger jump possibly even towards US$ 200 in 2019. Obviously a lot of that will depend on the quality of the very first SMTs, and also their popularity.
Eventually, if the SMT platform picks on, STEEM will become a token in limited supply which will be needed by the largest SMTs and continue to grow. Until then newer projects such as also SteemHunt will continue to make the steem ecosystem more mainstream and spread wealth.
Hi. Can you point me to somewhere to how the SMT's work on top of steem platform? Hi. I am still confused as to how a SMT helps the steem price itself? Ie Appics launch their coin via ICO which is a SMT ontop of the steem blockchain but wont the new coin not just compete for capital in the market with steem itself? Am I missing something here?
Yes. Check the SMT white paper.
Everyone can start a SMT but there’s requirements, especially if you want to issue your own tokens. SMTs need to issue against held (not leased) STEEM.
Don’t focus too much on Appics. They’re an advertising/marketing agency. They made that obvious in their talk at SteemFest: they have years of existing relationships with clients. That was their main asset. Or the only thing she could reply when asked about Steepshot.
https://smt.steem.io - it’s linked on the steem.io homepage.
Thanks. Just had a look. This is what you a referring to below? So you don't have a lot of faith in Appics to deliver the IT side of their pitch? Their presale sold out in ~20 minutes.
"STEEM Purchased for Transaction Bandwidth Enables Maximally
Profitable Participation across SMTs
With the advent of SMTs, there is growing demand for users to hold STEEM, because
users need to increasingly hold STEEM in order to participate, consume, and use Steem
services at a rate maximally commensurate with their growing potentials in respective
SMT ecosystems. Put simply, as power users are growing their earning potential in SMT
communities, they need more STEEM to achieve the bandwidth allowance needed to
perform at their highest possible rate of return in SMT ecosystems. At an application
level, the demand for bandwidth may be satisfied by users or by businesses, which can
delegate surplus bandwidth to their users."
The only reason I ask about Appics is as a photographer I hope they succeed. I have not been that impressed with steepshot.
It’s early days. Steepshot is a side project (free time project) of some developers, in a very early alpha. Appics for now is merely marketing. Nobody knows if it will even launch. Or how good it will be.
Expect many more to enter that space though. It’s all very early. First mover is not always the winner. See Steepshot.
Best bet would be atleast $30-40. Checking the price of Steem, it hasn't recovered on it's original Satoshi value. And this would also depend how strong the BTC bull comes back. But maybe, times are changing. BTC dominance is going down. Either way, it's gonna be a good year for Steem.
2019? I don't know where it will be in one month. My guess would be between $2 and $10. I could see it hitting as high as $20 sometime in between, but doubt it would stay for more than a day or three.
If it drops back to $2.00 I will definitely be buying some up.
Just caring for 2018 for the meantime!
Thx
Nice information next year
Im sure that steem will go to the moon.
So prepare to party 🎉
I have just arrived in this community and am still learning about all this. It's certainly a very interesting place to be part of and I'm really looking forwards to seeing where all this is going. Correct me at any point if I'm wrong, but I'd compare this place to Reddit but powered by a decentralized system and with Karma that is actually worth something. What keeps me riddled is how stable the value can get with a constant flow of more currency. But yeah as I said I'm totally new with all this and know next to nothing, I'll try to educate myself over the next few days.
@acidyo I can see Steem hitting 100 USD by the end of this year!
interesante me gusta su comentario excelente detalle, la felicito
I don’t see STEEM skyrocketing in 2019 otherwise most of steemiens would be a milioners. As long as it goes up I’m fine with it.
Resteemed!
$176
Is it 2019 already?
I would sure like to see a drop sometime so I could power up some of my crypto earnings from the past month. But I guess we won’t get one of those, it’ll just keep going up until it solidifies a spot in the top 15
Thanks for all the support...
Upvoted and resteemed
I feel steem will climb and be pumped and bounce a couple of times due to the price of bitcoin but it will definitely at least be in the $12 to $15. Damn how about you tell us how much so we can gamble on your prediction if your new one is as good as your last guess.
It seems too good that sbd is growing up. i dont know when it will rocks into $50. I hope for the best to increase sbd value. @acidyo
Maybe $50, or $100
Honestly, I feel like it's pretty possible for it to hit $15-30 by the time we get to next new years. Maybe that's just me being optimistic in such a small time frame, but the growth we've seen since I joined last January has been staggering. Watching Steem go from $0.13 up to $6.20 has been exciting over the past year, and I really do hope we see another big surge at some point by 2019. It seems entirely possible considering all of the booming we've seen going on in alt coins over the past month or two. So long as the volume of STEEM doesn't go up a giant amount then I can say there's a pretty good shot we'll hit at least $15.
Great prediction with reasonable price!
I think if we can hold around $6 now, that would be sweet... and then yes the growth base would be set for the rest of the year.
Two steps up One step down!
2019=HIGHER!
I think STEEM will continue to climb at least until the end of this year
@acidiyo, STEEM is the base liquid currency token in the platform. I've seen steem price was increase since last December. Now it seems some little dip. But I believe It will climbing nearly period. I can guess steem price will be only rise between 10$- 16$ amount. It anytime rise and drop.
What a good analysis I like. The Steem goes to the end of this year for 15 dollars. Thanks to its high demand.
Greetings from Venezuela I hope we can continue reading
The biggest reason to why I like Steem is HOW its earned. Someone that is really rich can't just buy their way through the market or ICO. Of course you can buy Steem low and sell high, but the only way of getting is naturally is hard work through building a reputation through quality content.
As for my predictions for where the price goes...that I'm not sure. Obviously if the amount of Steem volume keeps going up that will prevent from it going RIDICULOUSLY high, but I still think it has a lot of potential to go higher than it is now...
I will stick by @paulag's prediction of $20 by the end of the year.... although I'd accept $200 (-:
May be 100 $ plus because according to some experts total market cap of cryptos can reach up 10 trillion $ at the end of the year . So there are equal chances of steem growth.
I think STEEM worth going at least 3 figures within within 2018 year. After the SMT coming out steem shown some attractive looks. Perhaps 50$- 110$ can be.
Triple figures by the end of 2018.
steemit is wow..