Resetting STEEM in Bitcoin terms to the June high would push the price of STEEM to $17.43 with a Market Capital of $4.3bn. Current price = $2.97. Remains bullish.

dzboston33 (64) · 7 years ago

This would be fantastic for the early adopters and people adopting sterm and cryptos alike. I feel like many people are scared of the crypto markets because they still don't understand much about them.

My wife would be one of those people that is terrified and won't let me invest any of our own money into it due to fear, which I do respect, and understand.

One day, sooner than later, I will convince her so that I can get more money invested especially here at SteemIt!

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9 votes

stephenkendal (77) · 7 years ago

I feel like many people are scared of the crypto markets because they still don't understand much about them.

Nailed it. This is exactly the problem. Most people simply do not understand the basics of #Blockchain Technology and the difference between Centralised and a Decentralised Distributed Ledger. Great comment. Stephen

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joshsigurdson (76) · 7 years ago

I have a feeling you're right! Just think about what that'll do for people's wallets! This is going to be incredible.

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stephenkendal (77) · 7 years ago

If one day I woke up and #STEEM was trading over $17.50 I for one would not at all be surprised. In #Bitcoin Terms all it is doing is resetting itself to the June high when we saw the last target of $2.80 hit. As long as we stay above the previous $1.88 "Breakout" then I am confident that +$17.50 will be hit in the first 6 months of 2018. Cheers Josh. Stephen

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ender (52) · 7 years ago

Wow worth the move today maybe $17 will be here soon.

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silverfortune (52) · 7 years ago

It certainly seems like Steem is lagging behind some other cryptos, but it seems to be catching some momentum now!

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sorayakhatun (62) · 7 years ago

i liked in your post sir

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enews202 (49) · 7 years ago

may be i reasteam your post dear

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kenhudoy (61) · 7 years ago

great update. i guess steem dollar is moving up steadily and steem also is coming up. next year will be a good time for steem as its really undervalued as compared with most other coins with no solid foundation and future. Even if there is no bitcoin purchases that much, with SMT, we will see a steady rise. thanks for sharing this valuable post as always

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denissemata (66) · 7 years ago

Great post, good information

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nnajmull (56) · 7 years ago

Wow great one..Very good information...

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ishotz (53) · 7 years ago

Steem jxt gets better and better as the day go by

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julesdan (54) · 7 years ago

What is the main reason people see value in STEEM tokens?

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bythenumbers432 (50) · 7 years ago

I think steem will have a great year in 2018. I don't have any price predictions however I am finding it is growing in popularity which means more demand and yes higher prices. :)

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dolladu (49) · 7 years ago

Cheers @stephenkendal ! I'm starting to think if I should hold some steem from my posts or just continue converting to SP. I feel I should hold some reserve steem in my account for a spike just to make some profits, as so far, i've re-invested all.

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ludji (39) · 7 years ago

Hi @dolladu ! Today I got my first SBD and Steem(yay),am I right to think I should reinvest it to power-up?

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austinhopper (53) · 7 years ago

Re investing in steem power will help you earn more on here. I'm with steemit for the long haul so I put everything back into SP.

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dolladu (49) · 7 years ago

Yeah that's what's I've been doing, but need to put food on the table too, you know...

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ilyastarar (64) · 7 years ago

I am going to wait no more when the next dip happens. Should've bought a lot when Steem was $0.55 and even when it was $0.90 just a month and a few days back.

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