Would you read this post to get a boost of optimism in a time when Steem is hitting lows because this might help you see that there are possibilities for a rebound?
I remember when Steem was at $3 plus and even at $2, we thought that we had lost the opportunity to buy it at a lower price.
Well, the opportunity is back with Steem being at 80 cents now, and we still don't know if that would be a good time to buy some more because it might go down even further or all of a sudden just rebound.
Is There Any Hope for Steem at $100?
The lowest I have bought Steem was $0.95 I think, but now that it is at $0.80 and may go even lower, what should we do?
One thing is sure, not panicking and holding is the thing to do.
Buying right now might not be the optimal time and all this has to be monitored until we see signs of recovery.
Let's see the Steem chart for 2018.
The highest point Steem reached was $8 in January and now it is at 80 cents.
Quite scary indeed!
All cryptocurrencies have been in a downtrend inferno including the big ones like Ethereum.
Do you think that Ethereum is going to be wiped out of the cryptosphere?
(Word I just made up, by the way.)
Let's see the Ethereum chart for 2018.
Do you see the similarity?
Let's superimpose the 2 charts: Ethereum and Steem.
The similarity of how the market moves is amazing and if you think that Ethereum is not going away, then that's the same for Steem. I didn't realize it was moving like this until I put the 2 charts together.
Ethereum is special with its smart contracts and so is Steem with all its apps, Dtube, Dlive, Steepshots, etcetera...
But when is Steem going to recover?
The last month has been quite difficult.
Hopefully there are people who are optimistic and it is what we need for Steem to recover.
I really enjoyed seeing this prediction by "CryptoManiac101" and there will obviously be a rebound, but when?
Is Steem going to rebound when it's at $1, 80 cents or 30 cents?
Either ways, the author predicts a Steem at $100 within six months.
When you look at the previous rebounds Steem had, it will rebound and I'd say $10 is very possible, especially when we see how Ethereum when from $10 to $100 in no time.
Now, is Steem going to reach $100 within six months?
Let me know what you think in the comments below.
I hope you enjoyed reading this post.
Would you upvote this post and follow me for more because this will encourage me to write more posts like this one?
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Michel Gerard
Well, I just hope to see it go back to 10cents so we can afford the dip before moon!😁 Also, just noticed ned removed delegations to utopian and surpassinggoogle, that might be something.
Thank you @allmonitors for commenting and telling us what you noticed with the delegations.
I doubt it that a crypto like Steem with a seemless unlimited supply ever would reach $100. But don't get me wrong, I won't mind if it does!
What does please me, is that we also went from almost $0.8 to $8 in a month time and this could happen again, only with the current markets nobody knows!
In the beginning of the year most crashes like yesterday were caused by FUD, but in the past 2 months FUD can't be used to explain the steep falls we are undergoing!
But I am still trying to bringing down the average book price from the coins in which I do trust the most! So, it are still great times for me.
It is only a loss, when we do sell, isn't it?
Cheers,
Peter
Thank you @fullcoverbetting for sharing your thoughts here with us and I believe no one here will complain if Steem finally reaches $100.
Hello, please try not to worry too much about steem value going down further. Bitcoin and Steem are our digital money in a long haul. Their value will go up better than goal and will replace fiat oneday. I have no doubt in my mind
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Thank you @frednoble for your comment.
almost all crypto-currencies follow the bitcoin trend if bitcoin price is high then there price also go high
Yes, that's right, Bitcoin has a huge influence over other coins.
I was about to grt a loan from the ste bank..till I read this..lol. I hope it hits $400. Haaha. That would be nice!
Thanks for organizing links. I like it
Joy
Thank you @sweetjoy for your comment. I'm glad it is useful for you.
great post @gmichelbkk .. i feel it is not possible for steem to reach $100 in six month though.i feel it will take another 2-3 years for steem to reach there. . entire crypto market isnt doing good at the moment..it is a good opportunity to accumulate... at this point I am on a Steem Power buying spree.. 😊
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Thank you @bee84 for sharing with us your opinion on where Steem is going to go.
I won't panic. As after it's reached a special low amount the big guys will buy and it will rise again.
That is likely what's going to happen. Thank you @ikarus56 for commenting.
I've stopped even looking at the price for now. I did pick up some steem at 85c, it was too hard to resist. If you were offered ethereum at 85c a year ago knowing what we do now, what would you do???
Now maybe we don't have the same value on the steem blockchain but the price right now is massively undervalued. It depends on the bitcoin market and whatever laws come into play over the next 12 months bit I do see $100 in the future especially if a couple of the apps take off. We have 60k active users. Imagine 600k users between everything. 6m users. We have a different ball game then. And 6m isn't even a huge number.
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Thank you @niallon11 for sharing your thoughts and hope that Steem will go in the right direction.
Who knows where STEEM will reach. Could be 0.08 and could be 800! It's not like there's some fundamental behind these virtual "coins". A company has profits, fiat money has government/legal backing, but what does cryptocurrencies have? Just us users, I suppose.
@zhuwa, thank you for sharing your thoughts here with us and I hope the outcome will be in the eight hundreds.
hi michel. being a new steemer i get many difficulties on steemit. if it is increase back that may be it become good for new steemer to survive on steemit
Now is a good opportunity to buy Steem I think for those who want to.
how to buy steem? i dont know..
You can buy Steem with other cryptocurrencies on blocktrades.us.
i dont know the procedure...
Watch this video:
thank you so much for giving this video. thank you for four support in steemit.
can you help me in steemit?
What help do you need> I have many tutorials if you look at my blog.
i am not earning money. actually i am start writing blogs from steemit therefore it becomes difficult for me in writing a blog. i dont find a useful content to write a blog therefore i am not earning money on steemit and nobody upvote my blog. i need a help on the content.. what content should i write and how i write and i definitely watch your tutorials..
You have to keep writing and love doing it because I too get just few votes after a year.
thank u. then i think that i keep on writing what I am interested to write.
can u please upvote my blogs?
The history of crypto itself speeks that no matter how many times crypto fall it is again going to bounce and so do steem will because i love steem and so do all the community holders...
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Thank you very much @sumit71428 for your positive comment.
I strongly believe in steem reaching $100 ,because of the things and innovation that is coming into steemit .
If i have money I will invest more on steem .
Thank you @egbujorvictor for commenting and letting us know what you think about Steem reaching $100.
There is fall in crypto market nothing special about Steem. But with the faith that we have...And many user coming in Steem gonna rise very soon
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Thank you @steemflow for sharing what you think here @steemflowand we hope you are right.
Keeping positive is the best thing to do..👌
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Sir might be it will take 3 to 4 years to reach 100$ for STEEM
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We have to be patient then, @mihirbarot.
Yes sir you know better than me . Steem have great potential but good things comes with time.
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I've seen better but I've also seen worst though cannot deny this present some sort of opportunity.
Thank you for commenting @happydolphin.
You're welcome
Le veo mucho futuro a steem. HODL!
Thank you for commenting @hgalue.
Perhaps, but I still believe it will surpass $200.
That is very optimistic @cloudspyder and I hope you are right.
Steem is a great Blockchain, it´s something that change peoples lifes.
Thank you @yonilkar for commenting here.
To the question in your title, my Magic 8-Ball says:
Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.
I am glad that for once your magic ball got it right!
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