STEEM BREAKS $5 USD FOR THE FIRST TIME! - A GREAT START TO THE NEW YEAR!
Who knows what lies ahead, but it looks like our dreams are coming true!
Twelve days ago I mentioned that I thought it was very likely that STEEM would break $5 USD by year's end... It looks like I was off by a day, or a year... take your pick. Regardless of what day, month, or year it is, to have STEEM finally hit over $5 USD is a huge milestone for us, and an appropriate way to start 2018!
While it may not have hit an all time high last year, with only one day in on 2018, STEEM has already beat its previous all time high from back in 2016! I remember the excitement and zeal of those days, and I'm glad that I've stuck with steemit through all of that time. It was hard seeing the value of STEEM dip below 10 cents about a year ago, but thankfully, I wasn't one of the ones selling their STEEM for 10 cents each.
Interestingly enough, during the spike of the summer of 2016, there were many people actually buying STEEM for over $4 USD each. While it may have taken a year and a half, their investment finally paid off, assuming that they held their precious STEEM. Of course, if they've used the STEEM as Steem Power for curating, another ROI would have been continuously rolling in, which is another incredible benefit to STEEM.
By holding the investment of STEEM as Steem Power, people can actually use the STEEM to generate more STEEM while rewarding others in the process! Pretty cool, huh?
As always, I'm @papa-pepper and here's the proof:
proof-steem-just-broke-$5
Until next time…
Don’t waste your time online, invest it with steemit.com
Next stop, the moon!
Why stop at the moon when you can stop at a different galaxy!!
Why stop?
Facts!!
It just almost hit $7!!!!
I sold at $5. Put a few Steem into Bitcoin to "lock in" the high price. Maybe $10 is next and I sold too soon. Still not gonna power down under any condition. Long Steemit! Just playing with a little liquid Steem.
Thx @papa-pepper Keep on Proving it to us!!
Up 50X since last year!
I'm still figuring out how to ingest this news. I'm happy for all of us since the rise of STEEM means that people are appreciating the value of our work here. On the other hand, my small amount SBD can now buy smaller SP.
So, I'm confused as to convert now or later? I want to really improve my SP, since I want to participate more here.
Still, overall, this is victory for all of us! Cheers!
I'll upvote your comment to help you on your quest for Steem Power while you figure the rest out! Be blessed and Happy New Year!
Thanks @papa-pepper! Hopefully, as time progresses, I will be able to know how to conduct analysis for knowing when's the best time to convert from SBD to SP. For now, I hope someone will shed us some light. :)
OMG and Bitshares hit $0.83. I going to wealth by the end of the year.
Last year, Bitcoin crossed the $1000 mark on New Year's Day, and the year that followed opened entire new horizons.
Perhaps today's Steem prices could be signs of what's to come in 2018.
Very nice perspective!
Steem is great if you get the concept.
Few YES very few can POS/POW and a coin, but steem makes it more appealing with posting, curating, delegating, HODLing. You name it.
This is why I believe more should be introduce to steem as a long term viable token.
Not too forget the impact of SMT.
Keep on steemit.
Its so Fantastic @papa-pepper I Cant beilieve it !! Its Nw up to $ 6.74 US Thats $8.45 Canadian ! Woot Woot ! I didnt think it would keep going up and i sold 74 Steem when it was at 4.80 USA ! Still did pretty good , but now im hoping it stays this way as im scrounging up the rest of my rent money lol!! Its definitly a great way to start the New Year !! All my best wishes to you and your family in 2018 !! Upped and resteemed ! 🎉👍🎉👍🎉👍🎉👍🎉
Funniest thing is that few months ago I hated when I got 30 Steem for few $ post :D
Who cares about it when Steem was 8 cents haha
Glad I got a bunch of STEEM when it was 8 cents and up!
Glad I met you before you became millionere :D
LOL!
The moon is going to be ours.
happy new year to steemit family a great year for steem
Super pumped about it! Just powered up today!!
NICE!