Recently there has been a lot of volatility in nearly every single cryptocurrency. Tomorrow's hard fork of BTC has caused some of it, then there is some of the recent hacks. Cryptocurrencies are a wild ride.
SteemIt is still in beta. There are more than likely several more hard forks in the future for the STEEM blockchain. I am more than satisfied to ride the wild rollercoaster of the STEEM price.
There are many on SteemIt who can do a technical analysis of the STEEM price and predict where it is going. I follow @stephenkendal who has predicted a STEEM price of over $4 USD. He also predicts that SteemIt will have over 600,000 users by end of 2017. Stephen is a great supporter of SteemIt and I think his projections are very likely.
Time to start my week!
Have a fantastic day!
Steem on,
Mike
O yes .... thanks for the information master @etcmike
If the price of steam can reach $ 4 it is very good.