RE: Overnight wrap: Bitcoin finishes higher, Steem looking beaut, Kraken class action and heavy handed security

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Overnight wrap: Bitcoin finishes higher, Steem looking beaut, Kraken class action and heavy handed security

in cryptocurrency •  7 years ago 

Whats your prediction for STEEM in 1 year?

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  ·  7 years ago (edited)

No idea sorry mate, I'm a technical guy so it's hard for me to make long term predictions with out adequate historical data. Having said that, Ether has shown that scarcity isn't the only thing that drives value in a coin - there is a lot to be said for utility. If I was to make a long term call based solely on that, I'd say fair value is somewhere in the $50 - $100 range.

So many variables though!

A conservative estimate would be ~$10

I think we'd all be pretty stoked with that XD