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.
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.
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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.
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