RE: You'll Probably Never Live Off Of Steemit, So Don't Quit Your Job.

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You'll Probably Never Live Off Of Steemit, So Don't Quit Your Job.

in writing •  7 years ago 

@hitmeasap, For a long time if there is no increase in the future then how will it stay??

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I personally think that both steem and sbd will increase a bit in price over the next few weeks. Also, the currencies have more or less "stabilized", even though it's at a lower value than what we would've hoped for. I don't believe we will ever see $100+ values on any of the currencies we have today, and honestly speaking, I think it's pretty useless to have 2 currencies even though I can understand and appreciate the intentions.

SMT's and all the other cool changes we're about to see, can be a major breaking point for Steemit and our currencies. If all goes well, we'll see the price go up... If not, I think Steemit is pretty much doomed to sit at $1 for the rest of its life because people seem to be tired of hearing empty promises.

That being said though, I'm totally okay with ~$1 prices, because it's still ~$1 more than I've ever earned from Facebook, Twitter or any other social media out there. But I obviously hope we'll see Steem become the new BTC in terms of value.