“When will surge Steem below 1 USD?”, “How much Steem price will be in X months/years”, “Do you think the price this year can reach….?”, “Is it time to buy/sell”? This type of questions surge every day on Steem pages, applications.
Time is a very important factor in the life of all of us. FOMO (Fear of missing out) is a fear of missing the right time to buy. FUD (Fear, uncertainty, and doubt) can plant the fear of not selling at the right moment. Time, time, time, again and again.
If you could gain 10 percent yield or interest in one month, that would be a very good performance (or a good luck). If you gain it in 10 years, not even remarkable. (Less than 1 percent per annum because of the compound interest.)
Only one percent per year is mostly a loss because the inflation (of the fiat currencies) is generally higher, 2-4 percent in advanced economies not in crisis times. Inflation can eat our money with the time, is our enemy and the friend of our states. What you lose because of the inflation over time, the state gains.
So, I thought as part of my cryptocurrency commemorative coin series could be a good idea to make some photos related to the time. Here you are the best results.
Bitcoin had its 10th birthday in January, a nice age for a super modern, new technology. Steem reaches 3 years of age in these days, April 2019. Let’s wish them at least 300 years more. “Live long and prosper” – as Vulcans said in Star Trek.
Click the photos for large versions on the Interplanetary File System (IPFS). They promise that this files will never be deleted.
Previous parts:
- My Steem, My Precious, Gollum, Gollum
- Ladies And Gentlemen, I Present You The Ball Of The 2022 World Cup!
- Bitcoin Bears Can Be So Sweet
About this series
Illustrating cryptocurrency-related articles, blog posts is not easy, because cryptos have no physical form, no material appearance. They exist only in the form of computer data and algorithms. Photo stock vendors like Pixabay have pictures about Bitcoin but nothing or only very few about other cryptocurrencies, like Steem.
As a collector of commemorative crypto-coins, I decided to make photos of my collection and share them with others. I declare them public domain, please feel free to use them and copy, share, modify. Click on the photos for better resolution.
(Equipment: Sony A500 with Sigma 105mm, or Samsung phone, please see the Exif data if interested in these details.)
I'm expecting a Bitcoin surge, pulling many crypto currencies up. Steem will surge along with this. Steem will do better then most based on the social media aspects. I'm looking for Steem to move up in the ranks also.
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We all are hoping to see a rise, nonetheless thanks for sharing.
Steem price will gain it's new all time high this coming 2020 following the Bitcoin price as Bitcoin creation decreases 50%. Likewise, steem creation also decrease following it's roadmap and the steem user in 2020 will multiply into 10 times or more.
It is not impossible for each steem is equal to $100 due to fiat inflation and steem demand. This is only my opinion and not a financial advice. I am no financial guru.
BTC-halving caused price surges in the past but if all are expecting the same, can be different this time.
Steem inflation is out of control sometimes: https://steemit.com/steem/@deathcross/and-the-real-steem-inflation-rate-in-the-last-365-days-was
In a hype, they buy it all. In a crash, they sell it all...
If they'll sell it isn't good thing but sometimes selling makes it more decentralized or centralized... Since whale buy it mostly during bear market.
Like you said, time will tell, all i know is that there is a great future ahead for steem
I created steem coins in 3d software a few days ago, but i would love to have the actual coin :) great shots
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Ali Express. Or these guys: https://steemit.com/@phelimint