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RE: STEEM to $1,000 . Price Prediction

in #steem7 years ago

An interesting prediction... be nice if it were true. I can see about $30-50 in five years; $1000 (even in 10-12 years) would be heavily contingent on cryptos (as a whole) becoming a broadly recognized and held investment asset class, similar to precious metals. Right now, we're still a flyspeck.

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STEEM visa where people can blog one day, and 7 days later buy paint for the garage? I think that alone would put it on a rocket.

A Steem Visa card would be a pretty awesome invention, although I think it might put a lot of selling pressure on Steem... too many would liquidate their Steem, rather than "hold" it... and that would work directly counter to a $1000 price target.

When people use card to buy with cryptos it sells the crypto thus putting selling pressure on it not the other way around

Thank you for sharing that point. But I think it would send a flood in. It's the battle of the bulls and bears either way.