Steem: Year End Target 0.0009099BTC x $5,170 = $4.70. Market Capital ≈ $1.2 Billion.

in steem •  7 years ago  (edited)

Year End Target - #Steem

#Steem Target $4.70

Despite the slight slowdown in the number users currently being registered on #Steemit, I am happy to stick with my Year End Target of $4.70.

Current Price = $1.26.

Target Calculation

Year End Target

#Bitcoin = $5,170.

0.0009099BTC x $5,170 = $4.70. Market Capital ≈ $1.2 Billion.

Thanks for reading.

Stephen

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4.70!? Holy moly

it'll get there!

I think it is not possible

I'd love to see it but until they address the main platform issues I mentioned here, I think we'll be staying put right between the $1 - $1.60 range.

that and, all due respect, he's throwing out basic technical analysis principles in favor of his own made up model/metric that he only posts about after a move to the upside.

if it gets there, great...at present, there is no indicator for a move of that size over this short duration

Shared on twitter. Stephen

I hope it does go up to this, that would be great for all the steemian community, with a hike like that it might even draw them extra people in to meet your target amount of people to join. fingers crossed. :)

Good speculator @stephenkendal. thanks do you have any idea on steem back dollar (sbd) too?

That is very exciting. i hope it happens and continues up. I think theres still a significant people still holding onto shares bought below $1. In that case they will be happy to sell at that price...

bande de chiasse

Thank you for the info stephenkendal! My thoughts are that BTC will jump to 5400 next pop! Year end will probably be significantly less. I appreciate your math too. It makes perfect sense! Excellent work!

Let's pray for this together, brothers!
Whale Upvote from @dunsky

i still think this is possible too. i hope the steemfest 2 will gather enough momentum in november to make a big steem awareness that will bring in big investors

petit joueur

Interesting. I just took out turned steem into Lao Kip yesterday! My first crypto currency transaction. I like your analysis. Looking forward to more! -Dan