You are viewing a single comment's thread from:

RE: Is $100 Steem Even Possible?

in #steemit7 years ago

Thanks for sharing your thoughts on Steem's price for 2018. While I agree that $100 is aiming very high for 2018, I wouldn't be surprised with $35-$45.

What a lot of people seem to ignore is the fact that a multitude of institutional investors are becoming interested in cryptocurrencies, or already are. With these investors comes a certain sense of reservation to invest in projects without use cases, already built products and many other factors.

Many tokens may fall this year, because of what I mentioned above. Tokens with a real product and use case like Steemit will prosper, but we can not be sure that it won't suffer due to the amount of people who might cash out funds due to the amount that they may lose due to other cryptos crashing.

While of course this is all speculative, I think it is important to note. Thanks for a great post!