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RE: The price of steem can go a lot higher, here's why:
I believe steem price should be 100 USD in 1 y from now. Why because of the limited supply and the low Market capitalization at the present time, Steemit is the only crypto that solves all the problems in one platform. Smart contracts via bots, media, social, video, audio, decentralized voting, Leaders with influence like ned . All of this suggests that Steem is the best and is not under the radar of any crypto trader. as the price fluctuation is very low. That is the only reason steem is so low. To stable to be profitable for short-term position.
I agree with all of the above, and I also agree that it could hit $100 within the next year, but it could be for none of those reasons mentioned. :) As I mentioned, it could be just because it's the hot trade at the moment and people pile in.
The high demand to power up should be a driving factor in the price increase.
some people will power down if the price is to big they will like cars and houses instead of power. Every person that knows my steam power is tealing me to power down because i made x8 times the money i invested and i refuse and explain that if i lose all i'm cool with the decizion .
STEEM will never hit zero, so you don't have to worry about that.
STEEMIT will reach 40$ then 400$ in 2018.
I think you mean STEEM
I think that's the best thing to do, since in all probability Steem is an even better investment in the longer term extending beyond 2018.
Best decision!
In fact I have touched upon it in my recent post, Ten Ways You Can Use Steem When It Hits $10 , after I observed that the Steem price could be here to stay.
yes I agree with that. People are so concerned about making money rather making good contents.
Which is why fiat could be the one to implode.
you heard it here...silver..(divirsify) see Yankee-statman.
Considering the fact that there are projects out there with market caps in the billions that have just a whitepaper and no working network, I'd say you're right about Steem being undervalued.
that is what i wanted to say, but steem i very bad just because of the stable price, and is not profitable for day trading. Steem is a long-term investment. IS like buying a house not choing a holiday destination. Is more like a wife not a one night girl.
Yes - Steem is ripe for an increase if the overall market continues to grow.
i have only bch (bitcoin cash) to spare for buying more steem, i love bch as the low transactions fee :)
valid points on multiple fronts, but i agree with @jrcornel, could be other reasons for driving such a surge in price. and even if it were, there has to be a wide adoption of STEEM for it to hit 100. Ripple for example has a value proposition beyond its XRP status. it can potentially replace SWIFT, which is a banking system. STEEM would surge if it was viewed as a viable substitute to Facebook.
steem will become a bank with a plastic card that is accepted everywhere very soon, that will drive the price x5 times.
Bank card?
Is this statement based on some hard facts? Or on you last night dreams?
until present time , i predicted iota will go up, omg , ripple, civic, and others , the point is like this nxt will get big emc2 and others
The point is that predictions are made as the market changes at this point i can just tell you that there is a team that will build this technology and it will be legal .
lol
It's accepted via the payment gateway that I use, Living Room of Satoshi. Honestly wouldn't be surprised if someone does a plastic card for it, depending on the popularity of the site.
That while is possible, needs a bunch of extra features, like better content discovery and chat messages.
video message chats and file share is what is needed, for this we need server network around the world first will be steemit bank and projects will rise
But if something needs dedicated servers, then I'd argue if it's really decentralized?
dPoS while a decent solution is already setting up some centralization. We shouldn't add more centralization to the Steem ecosystem.
Absolutely agree. We shouldn't add more centralisation.
However, now that WebRTC is widely supported by browsers I believe videochat can be done without the need for centralised high-bandwidth servers.
For decentralised file-storage there are also some interesting projects live already. IPFS (which i think is used by d.tube) or blockchain based like Sia or Burst.
If you ask me, chat messages shouldn't necessarily be stored. It can be session-only or DOM-only. It has its drawbacks UX-wise but I'd consider it safer than permanent chat recording like in Facebook.
I hope you are right! I follow your logic though.