Q1 Next Year, Smart Media Tokens (SMTs) will be released. There is NO WAY if the market behaves even somewhat rationally that Steem will not have a price increase based on that.
Steem is $0.78 right now; a lot of the reason this is is that it is falling in line with the rest of the Crypto Market. Ethereum is below $200, Bitcoin is at about $6300, and the market cap of the entire crypto realm is as low as it was November 2017! This is a sale of epic proportions! If you believe in Crypto at all and you believe in Steem as a means to expand the social internet ecosystem into a new micro-economic landscape, then you must too believe that Steem price will rise. With SMTs coming out, we will see Steem hit top 10 again; that is my belief. Dolphins will be made during the next few weeks.
If you don't have at least 1000 Steem, this will be the time to buy it. 1000 Steem can easily become valued at $10,000 USD and it can happen in the blink of an eye. This is not a pump; this is just me looking at Ethereum, the easy-to-use Smart Contract Creation blockchain, a blockchain that has a smaller user base than the DApps on top of the Steem Blockchain have. So, objectively, if the success is even somewhat inline for Steem upon release of a similar mechanism, Smart Media Tokens, then Steem can have a LOT of upward momentum! I'm going to be loading up as I can over the next few weeks/month, because this is insanely cheap and clearly a result of the entire market in a downtrend (simply take a look at the top 100 cryptocurrency graphs and you'll see there are HUGE similarities). Steem is going nowhere and Steemit is going nowhere, so top up, become a dolphin (the smartest of all Earth Creatures), and start swimming to freedom! :)
Im sure we will see steem hit $10 during 2019
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I am waiting for good news on steem . I hope steem move on quickly .
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Great insight @biddle. Getting steem now is the smart move
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I've waited darn too long for SMTs am just happy a time frame has been given, SMTs is more like the singularity of social media as we know it
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To be honest I do believe in that ad I am constantly working on that as we speak :)
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I had a couple of friends trying to jump off the crypto ship. I bought some off them and convinced others to stay strong. One thing is certain. Blockchain, Cryptos and steemit are here to stay.
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Patiently waiting for Q1 2019 #fingerscrossed 😇
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Imaging Steem monsters and SMTs technology. The applications are just unlimited. This is a great opportunity
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Hmmm, really something to think about, this is definitely the best time to buy steem/sbd
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Eventually some SMTs would even surpass the price of Steem and SBD, since they are related to steem, steem prices would be dragged along for the upward rise
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It's possible; I personally think that Steem/SBD will rise most, as it will be what SMTs are 'pegged' to, similar to how ERC20 tokens have a tough time surpassing ETH in market cap. :)
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I see your point👍,it may turn out like that as well
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We shall see though! Markets are funny things!
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Exactly, one can only speculate based on previous similar situations. Like you did with the ETH and ERC20 tokens
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@biddle, In my opinion you've actually shared the positive aspect, and for sure we have to see the future instead of current downtrend market.
And for sure after SMT's Steem Economy will going to become the trend because, after that the Sphere of Steem Economy will going to expand effectively for sure.
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I have big hope and wish steem price reach $10 level in 2019.
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I added 5000 Steem when it hits $1 , but had to sell it back 0.9 taking a loss. I am planning an entry and probably a bigger one than last time.
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