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Oh $20 would be awesome but I'm not really sure about that yet. I honestly hope steem will grow in a healthy way, which doesn't include 1000% jumps over a quarter but rather a year or more. But of course huge adoption could lead to such a jump without being just a pump.

Rumor is that a large German bank will purchase Steemit for 5 billion dollars, any truth to this?

5 billion for steemit from a large german bank? I haven't heard of that. But am open to any sources you can share on it ;)

Correction: A couple German banks will purchase Steemit which will cause the price to soar to $20 which cause the market cap to go up to $5 billion for Steem.

Still no sources :P

That will be amazing.

It would be amazing even if price was half of $20 to $10 increase by this summer.