8 Reasons Steem could hit $100 in 2018

in #steemit7 years ago

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Hi Steemers! I just shared a post earlier today about how Bitcoin could hit $100k and thought it might actually be more interesting to look into the top reasons for why Steem could hit $100 or more in 2018. Let me know which reasons you think are the most important ones (let's rank them by order) and if I've forgotten any. Perhaps we can get this post to 10 or more reasons.

  1. First Mover - First Real Social Media Cryptocurrency
    There have been a lot of other social media projects in the cryptocurrency space, but none of those have become as popular and successful as Steemit and DTube. Also being THE decentralized and better Reddit/Medium and YouTube is hard to beat.

  2. Great Products / Apps (Product market fit, quality & innovation)
    Steemit and DTube are awesome products and great examples for how well DApps can work. The better the products on the blockchain, the more people will start to use them and increase their popularity.

  3. Growing User Adoption
    This one is really close to 1) and 2), but the point of this one is that it's not just about having great products/services running on the blockchain, ease of use and motivation to use them is key too. Steemit is similar to Reddit and Medium and DTube is similar to YouTube, which makes it easy for newbies to familiarize themselves with Steemit and DTube. Additionally, the awesome community, and the monetization and decentralization aspects drive motivation to use either platform more. Let's not forget about eSteem - Everyone's on their phones nowadays ... all the freaking time lol.

  4. Growing Industries
    Sounds boring, but this is about the niche Steem DApps are in, which is mostly social media so far. And that's great, because everyone with access to the Internet uses social media and most people use it every day. It's not only a constantly growing industry, it's also one that every demographic is represented in. The other one is the decentralization / crypto movement, which became the top tech trend in 2017 and is probably going to take over the world in 2018/19. Which brings us also to the next point.

  5. Crypto Boom
    Other cryptocurrencies went from under $10 to $100 in a couple of months. This is not an unreasonable growth assumption, considering that many of these cryptocurrencies actually sell stories of a functioning product vs an actual product with a user base.

  6. Growing Ecosystem
    The Steem ecosystem keeps growing and there are new projects in the pipeline that will be based on the Steem blockchain.

  7. Investment and HODL
    As Steemit's values increases so will the number of people who believe in the growth from an investment perspective and decide to buy and HODL.

  8. Growing community and Personal impact
    We Steemers can influence more than with any other cryptocurrency how successful Steem is going to be based on our usage and promotion of the DApps.

Thanks for reading this guys! Again, let me know which reasons you think are the most important ones (let's rank them by order) and also let me know if I've forgotten any good reasons we should add. Perhaps we can get this post to 10 or more reasons.

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Hoffentlich :-)

How about steem dollars? It will get $100 as well?