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RE: STEEM PRICE TO GO UP IN 2018 - I know users of steem are maturing. That is helping everything!

in #steem7 years ago

The way is going... it is very possible to reach a value between $10 and $50 very soon. And in about 10 years... I think it will be around $1,000. Social sites are very popular now a day, and more people will be knowing Steem from visiting Steemit!

Monero (XMR), a month ago was below $50 and today is above $125 and growing. They are announcing a fork that could probably increase more its value in September.

But the main question, that probably the owners of the program or a financial mind can answer, is how to help this coin, STEEM, grow. If it is investing on the coin, if it is trading the coin as many time as possible, or just keeping the coin in our wallet.

Few months ago, a group of investors tried to buy BItcoin from one of the miners, they were rejected, but it looks like they got their bitcoins through trading platforms. Did their 43 million investment made the coin jump from below $2,000 to close to $3000? It looks like it did it. Then the fork, which created an almost double amount of coins with Bitcoin Cash (whatever you had in Bitcoin was given to us in BTC Cash -by the way even faucets and exchanges that did not support this type of wallet, are now paying what they owed us, at least I had two cases where I received BTC Cash) also made Bitcoin to increase its value. So, we have to know how to act in order not to hurt the value of our favorite investment.