Hey fellow Steemians! The price of Steem has fallen today to below 12,000 Satoshis or $0.92!! I am not a financial adviser but if you trade crypto and were looking for a lucrative trading opportunity ... I think you will find this is very interesting! Steem usually trades at about $1 so an 8% gain is pretty much guaranteed. That could of course be in the next few minutes, hours or possibly days!
If you need an account to turn your Fiat into crypto - use my Coinbase link to buy $100 or more and you will get $10 FREE!
Also if you were thinking of Powering Up there is no better time too buy in that Steem!
Always do your own research and never invest more than you can afford to loose!
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Definitely agree that Steem should increase in value going forward. However, don't think there is a clear theory that explains the value of any specific crypto-currency. In Steem's case, am sure the value of Steem is proportional to the number of users. It will be interesting to see where Steem is once we hit one million accounts. Would be very interested if anyone has a theory as to how to price crypto-currencies. There are so many factors, it is not an easy task. But if someone could figure out an accurate model, not only would they recoup substantial return, but great academic acclaim. - Laissez Faire
Hello Edward,
You are quite correct, it will be very interesting to note the price of Steem and quite probably highly rewarding to see numbers of Steemit users greatly increase - as they surely will!
Pleased to meet you - I am following you now also :D
What do you expect the price of Steem to be by next year? I believe in the platform but steem has killed damaged my portfolio when I bought in 4 months ago
I wold_** love**_ to know the answer to that question also! I think it will rise with user numbers, or perhaps just stay at near the 1 Dollar mark?? Please if there are any whale number crunchers out there ... give us your great knowledge in this thread!
Im doing that for the last few weeks. Also all SBD returns go directly to SP. I dont imagine it will stay under 1$ for very long.
Hello jaka87,
I totally agree ... Steem is super reliable!
BTC almost went to $8000 less than an hour ago - that will be driving alt coins down but will not sustain for long.
Keep well - happy trading :D
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