That is a million dollar question, because no one can say with guarantee when price will rise. If anyone who knows the exact answer, would be a billionaire.
Exact answer to the question cannot be given however, in my personal opinion, the price is almost at the bottom and will raise again.
Crypto in general and Steem in particular has still lot of potential in it. Especially if someone is targeting it for a longer period.
First of all decentralized technology is still new to the world. Its market penetration and adoption is still negligible.
With the passage of time as more and more people are aware of this technology, it is becoming more and more popular.
Now even many countries has started accepting this as currency and many other are in the process of adopting.
So in future a more countries will jump into it and it will gain more trust of people. Its value will also increase.
We may not see the price hitting $8 in 2018 but I’m hopeful that it will hit $8 in 2019-2020.
According to the market survey. Cryptocurrencies are not stable but it only requires patience to stay in market. Steem is not in exception. But the answer to this question is that Steem will go back to $8 because cryptocurrency with nice platforms and natural applications will surely rise.
That is a million dollar question, because no one can say with guarantee when price will rise. If anyone who knows the exact answer, would be a billionaire.
Exact answer to the question cannot be given however, in my personal opinion, the price is almost at the bottom and will raise again.
Crypto in general and Steem in particular has still lot of potential in it. Especially if someone is targeting it for a longer period.
First of all decentralized technology is still new to the world. Its market penetration and adoption is still negligible.
With the passage of time as more and more people are aware of this technology, it is becoming more and more popular.
Now even many countries has started accepting this as currency and many other are in the process of adopting.
So in future a more countries will jump into it and it will gain more trust of people. Its value will also increase.
We may not see the price hitting $8 in 2018 but I’m hopeful that it will hit $8 in 2019-2020.
According to the market survey. Cryptocurrencies are not stable but it only requires patience to stay in market. Steem is not in exception. But the answer to this question is that Steem will go back to $8 because cryptocurrency with nice platforms and natural applications will surely rise.
Definitely. Probably not this year, but in my opinion will even pass that $8 mark.
Yes it will but it will be long