RE: STEEM to $1,000 . Price Prediction

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STEEM to $1,000 . Price Prediction

in steem •  7 years ago 

Very unlikely unless Steem becomes the next Facebook.

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Even then it won't go that in. Any crypto with inflation will not take part in the same gains as those with a finite number.

Well.. didnt people say "myspace for life"?

Steem will definitely become the next Facebook, look how fast its already growing

Still down a dollar 50 from when i bought it 2 weeks ago...
But can you explain please how it will get to 1000... and when?. And how realistic is that prediction?

I imagine that could happen if eos becomes the "go to" protocol and if something like Library credits is placed onto of steam it could really generate some wild growth... but thats a shit load of speculation ;)

It's not going to $1000.. LOL. That speculation is just unhealthy

You were not around for the first goround of price predictions for BTC, were you? When some said $1,000, they were thought to be a little wacko!
History usually always repeats itself.

true story

i dont know about definitely, but it has been growing astoundingly. From last I checked STEEM was around the 2000th most visited website globally and around 1200th in the U.S. Very impressive numbers but still a bit off from Facebook still (Facebook is always in top 5 I think)

I think STEEMIT will be the "Facebook" of the blockchain as time evolves... This decentralized way to communicate is truly about to take off. 💯

I still think $10 will happen soon (maybe a month?) Random guesses and speculation, sure, but I don't see any reason why something that had a value of $7 couldn't go to $10. The craziest thing is the coinmarketcap chart of Steem Dollars. Who would have thought they would have gone up so much? Everyone expected the price to remain about a dollar, but the price spiked to insanity last year and even now it is doing it's thing.

Screenshot_20180217-141001_01_01_01.jpg

If we could only identify what made Steem go to $7, and why it hasn't gone anywhere near that ever since, we might be onto something.

Well, it wasn't just Steem, it was nearly everything. If Bitcoin turns around and starts hitting $20,000 again, then I'm sure altcoins like Steem will pump as well. Crashes suck when you're holding the bag, but are great if you are buying low. LTC was like $300 and is now around $75. Dash was over $1000 and is now under $250. There are going to be complete failures of some coins/projects, but there may be some gems that still go to the moon. I think we all hope Steem will be one that makes it, but it is always good to stay diversified if things don't go as planned.