I think that Steem will be $10 before we know it. The price is low today. It isn't just Steem that is on discount today. The entire market is down. I look at the past 2 years or so and some of the huge winners include Bitcoin (of course), Ethereum, Litecoin, Ripple, EOS, and Bitcoin Cash. There have been huge price swings but the dips and corrections are always eventually followed by MASSIVE spikes in price. Steem, too, has been successful.
BUT I think that Steem's success has been only a partial measure of the true potential of Steem. Steem is far and away the most utilized Blockchain (from what I understand) and while large scale adoption of Ethereum and Ripple are also occurring (Ripple as a payment mechanism in some existing enterprise applications), Steem's Blockchain user base through Steemit, DLive, DTube, and other Steem DApps has been consistently growing. Some point at inflation of Steem in arguing as to why it hasn't quite rose with the same ferocity as other coins despite its success.
I disagree. The Growth of Steem is much greater than the rate of inflation. The Steem Blockchain shows more and more potential on a constant basis. Steem Monsters, DTube, DLive, and others are some amazing innovations just beginning to show the power of the Steem Blockchain. We all also know that SMTs will shine like a light across Steem and will raise it to new heights. But even prior to SMTs and without them at all, with the power of DTube, DLive, and the power of the large captive audience that Steem/Steemit/DTube/DLive has, the price of Steem, imo, is somewhere around $10. Once SMTs are here it could go even higher. I think that $10 will come some time soon. Stay strong; weak hands can make you a poor man in the crypto market. Hodl! Steem's pace will increase when necessary and it will fly!
Steem could be at $10 by the end of this year. $5 seems more likely but I'm not sure.
I really hope you right...
I do too, my friend! :)
I really hope Steem can reach 10$ like you said.
But, I'd be satisfied with a 5$ Steem.
And I totally agree with you that it hasn't shown its' potential yet.
If it gets to new highs, like you said, it could get at the end of the year.
It's just not looking great at the moment.
Hola @biddle pienso que solo los holders reales ganara con este mercado, because we know that cryptocurrency is just being born and all in the beginning could be difficult and more when we talk about technology, en el caso de steem es uno de los unicos proyectos que tiene una utilidad real asi que creo que es solo cuestion de tiempo para tener un steem con mejor valor en el precio. Regards
Exactamente! Somos aqui mirar cryptocurrency estando nacer! Amen to the fact that it will just be a matter of time before Steem hits a high price! I know it will be, so I'm relaxing, saving, and steeming on! :)
Yes, we don't need weak hands because weak hands means people who follows speculations and enter into panic state and this state is not effective in Crypto Market. And Steem is doing well and when we say well sometimes that wellness will reflect in future, for example, in main examination we prepare for whole year to get effective marks, same way Steem will grow, currently it's preparing for the great heights so, it's the real time of HODL and Steem On. Thanks for sharing this post with us and wishing you an great day. Stay blessed. 🙂
Yes.These days difficult time to treading and investing of crypto market. All main tokens down.
Yes.I might be true. Steem will be most valuable token after launch smart media tokens. Dapps really great chance to earning. It's very easy to use nice interfaces indeed. I trust steem might $10..Yes..I have hope and be strong mind. Thanks to you @biddle.
Imagine the steem coins reaching $ 10 and you have 10 coins saved or better yet, you have 100 Steem. OMG
One million and counting, accounts have already been created on Steemit. The steem blockchain has the highest number of transactions.
I see no reason that Steem does not trades above its previous highs of $8 in 2018.
You missed the part that transactions are free of cost, which can make Steem the most preffered mode of payment, when blockchain adoption rockets. And Yes you are right about the transactions. Spread the word.
The fact that Steem has no hard cap, makes it inflationary, so in order to overcome that the adoption has to keep up with inflation and that's how the prices can rise back to previous highs.
Yeah, absolutely, it's inflationary, but it is an algorithm based inflation/mathematical, and unbreakable, so manipulation can't be carried out. As long as the Steem Economy flourishes, it will EASILY outgrow inflation. :)
I love the way you explain things.
A lot of hope for the steem to reach $ 10 would be very beautiful
Steamit Blockchain user for Steamit, users are increasingly growing due to Steam DAPPS. Due to the fact that many of the Steam platforms have been left out, they think that by Steemit they will continue to improve as they progress in the future
My brutally honest answer is that the total market cap of all cryptocurrencies needs get back to an uptrend.
But I think STEEM can reach $10 eventually when SMTs and the Hive are launched and when SMTs and pay-to-play apps that use the Steem blockchain start cropping up everywhere. I'm unable to quantify how many such applications there need to be, how many users and how large a turnover they need to have in order for STEEM to reach a transactional value of $10 instead of a speculative value that high. But there is a good chance that it will happen once the technical capabilities are in place. It will take some time, though. But once SMTs and the Hive are released, there needs to be serious marketing.
we are with hopes steem will go over 10$ soon 🤗🤞
$10 be the end of the year. And Steem in top 20 by 2019.
I couldn't agree more @biddle
I think steem has the potential to go way more than 10$. But i don't understand some theories such as "steem to the moon" or " steem at 250$" that are written here and there.A price of 20 - 30$ is highly possible in the future but( and I want your opinion on that) you really think a price of lets say 70$ for steem would be sustainable for this platform? Can you imagine people who have today 100$ upvote what will their upvote worth then? Just thinking....
The moment I touch the $ 10 will be the best moment of my life, since I will not be bankrupt as at this moment since I live in a country very consumed by hyperinflation.
Where do you live, my friend?
Venezuela :(
I also believe in steem. I think your forecast will be real soon.
Absolutely right thought @biddle..
We are just wait for a time when steem exceed $10....
So we should don't worry and stay with steem blockchain....
Well yes all who are related to Steem Blockchain at least who gets the idea of it does seems to believe in Steemit (Count me in).While as the potential and the tech that it is going through it sure has a great future ahead .Steem on !
Well said @biddle. I agree with your suggestion of steem will be come around $10. It's possible one. Everyone have opportunity to get rewards using steem based apps. But little harder, need to get extra energy. Thanks to your suggestions.
You are right! Steemit platform is very young. DLive, DTube, and other Steem DApps are even younger. It’s all naturally and organically growing. Nothing goes up without correction. I can’t wait for SMT’s to finally happen. Your price of $10.00 is very reasonable. There are some steemiens calling for $100.00 in the next two years. That’s what I call an optimism and I definitely cherish these kind of optimistic thinkings. Our best weapon is to be patient right now!
I have big disappoint when steem included crypto market down. I can agree with your contents @biddle. But I'm not sure when will. SMT not launching yet and everyone waiting SMT. But then after price will go higher definitely. In fact we work hard and earn much in future.
Surely a marathon, I wonder where. Things would stabilize
IF the price reached $ 10, it is because the market has gone down, but that increases.
Steem has had a good success and we expect more from him.
Steem's growth demonstrates strength constantly, that's the good thing.
For what I generate, I have a lot of faith in this currency that we are talking about, which is STEEM
That currency since the beginning of this platform was speculated that it would be the mattress breaks compared to the sbd that should be kept at $ 1, but also broke expectations
good post my dear friend
You do not know how much anelan that the steem reaches 10 $, I generate so I would go crazy hehe
IF the steem goes up to $ 10 without losing time, I'll transfer it to other cryptocurrencies to keep investing big.