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RE: STEEM to $10 USD? This is the wrong question to ask or even think about.
you should also analyse in march to may :) while price was like 17 cents so it was like x5 , and bitcoin like +70%, so all depends what dates we choose :)
but bitcoin for sure is strong
Sure. Picking different analysis period will give different results. But my question is looking forward, not back. STEEM is $1.12 today. BTC is $3,600 today.
Which coin will be first to record a 9X increase, relative to today's price?
STEEM On!
DaveB
i think steem have more chance to make x9 because they got a lot less market cap , plus we increasing in traffic every month, and problem of bitcoin they have too big fee and if it increase again then fee will be more than and more.
I can agree with that based upon the points you made.
However, with so much money entering the arena from the institutions, wouldnt bitcoin get the largest share since it is so well known? Do you think that an investment adviser will say you have to diversify, pick up some steem to balance your portfolio?
bitcoin is very well known, but his marketcap is huge so it will be harder to make double up each time than steem with small market cap. Also to diversify its good to buy not only steem but other crypto that have real activity not just in paper .
LTC has a lot of real use cases, for actually buying stuff. So that should be a positive for LTC.
Market cap for BTC is actually still small, if you compare against total supply gold, or total supply USD, or total supply Euro, etc.
BTC is going to open up for more mainstreet investment in the next year, and then all the mutual funds are going to come pouring in with lots of investment dollars to park.
An investment fund manager that doesn't have money in BTC will be fired if the fund is underperforming. Per TM4450 point, no investment fund managers will be fired for not holding STEEM