What Will the Price of Steem Be at the End of October 2018?

in steem •  6 years ago 

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You know that you’re psychic. It’s time to prove it to the rest of us.

Post your prediction in the comment section below. The closest prediction will win the liquid rewards from this post and a #steembasicincome share.

  • Predictions must be posted in a comment to this post by 11:59 p.m. CST on 7 October 2018. I think that’s 04:59 Universal Time on 8 October 2018. Meh, 11:59 p.m. CST.
  • Predictions must be in the form of U.S. Dollars per Steem.
  • The price as shown at 11:59 p.m. CST on 31 October on coinmarketcap.com is what you’re aiming for. I am not eligible to post a prediction or win the SBD. Also not eligible are my wife, my son, or my sister-in-law, all of whom have followed me down the rabbit hole and are now Steemians.
  • Optionally, but strongly encouraged, please also go out on a limb and guesstimate where the price of Steem will be a year from now. Two years from now. Five years from now.
  • In the event of a tie, the liquid rewards will be split among the people who tied.
  • Only humans may participate. No bots.
  • All contests need judges. I’m it for this one. No appeals to SCOTUS; my ruling is law.

There were 16 entrants in last month’s Steem price prediction contest. Most were too optimistic given September’s dismal cryptocurrency price action. We came very close to having a tie this month but @bearbear613 had the closest prediction to Steem’s September $0.923958 closing price.

The Steemit payout for the September contest post was 1.192 Steem and 1.193 SP, so 1.192 Steem was awarded to @bearbear613:

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In other news,
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As of the deadline for predictions, we had 16 entrants:

$8.00 - @eaglespirit
$2.25 - @fullcoverbetting
$1.29 - @petertag
$1.27 - @cryptictruth
$1.27 - @newageinv
$1.25 - @archet
$1.10 - @foxkoit
$1.05 - @markkujantunen
$1.01 - @kingzero
$1.00 - @eriklok
$0.99 - @chesatochi
$0.98 - @abbak7
$0.98 - @touchthesky
$0.80 - @revisesociology
$0.796365 - @exator (okay, enough of this silliness😅)
$0.72 - @rentmoney

The payout for the post was 1.839 SBD and 2.276 SP, so 1.839 SBD and a #steembasicincome share will be awarded for the best prediction.

Posted using Partiko iOS

Any price between $1.77 and $5.12 would do the trick for me :)

I hate to say it but.....

Posted using Partiko Android

oh snaps! fingers crossed .... looks like we are doomed ... really felt the $8! wtheckzzzz

0.98 $ @ end of October

Posted using Partiko Android

a2ed3e7c688dad7be7f57587718023b359299416efc50839c3952c077912ca59.gif
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Predictions:

11/2018: $8 USD
09/2019: $20USD
09/2020: $50 USD
09/2022: $75 USD

I think We get are steem back 3 $ end of this year ... and then we start see what next.

And this month October... I think 1.10 $

Assuming the exchanges unfreeze the steem wallets about $0.80 at the end of October.

Posted using Partiko Android

I'm predicting more sideways motion. Nothing drastic will happen this month. I say $1.05.

One year from now: $3
Two years from now: $10
Five years from now: $97

  ·  6 years ago (edited)

Wow @markkujantunen! Can you explain why you think Steem will hit close to $100 five years from now? (:

The current market cap of Steem is about $255 million. $97 per one STEEM means a market cap of about $25 billion or that of Ethereum today. I'm assuming that the total market cap of cryptocurrencies will be 20-50 larger than today and that the share of Steem of that will be 2-5 larger than today. Why am I expecting Steem to do better than most other cryptocurrencies? Because Steem has a growing ecosystem and has a lot of actual use even now.

Thanks @markkujantunen for sharing your reasons! I do echo your last sentence (:

0.99 by the end of October.

Posted using Partiko Android

Lets give it another shot.
Will need the bulls to see my prediction come through.

End of October 2018: $2.25

I expect a price of $1.00 at the end of October

My prediction is $1.01

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My prediction is $ 1.25

$1.27

0.72

One years time : $3.50
Four years time $10 +

0.796365$ by the end of october. Further predictions are not free of charge lol

I'm gonna go mildly optimistic on this:
End October: $1.29
End year: $2.32

Posted using Partiko Android

.98 end of October 2018

10/31/18: $1.27