It's been almost a year since I last saw Steem being worth 8k satoshis! That was a lucky sell, probably going to see some people dumping them soon. I'm both excited and scared about this new chapter
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It's been almost a year since I last saw Steem being worth 8k satoshis! That was a lucky sell, probably going to see some people dumping them soon. I'm both excited and scared about this new chapter
I think it was lucky! I'll take the tenner though!
My rational brain tells me the price of HIVE probably isn't going to be higher than $.10 - I mean we've basically done QE with the fork and printed twice as many coins, and there's no greater demand than there was before really.
Of course there's a fortune to be made if you judge the speculation right, but on the underlying fundamentals I'd say less than $.10 is a realistic value, a price I'd be comfortable buying at for holding I mean.
Yes, we've doubled the coins but I think we are going to see the value shift towards HIVE in the long run. Why? Because of all the apps, the users and the devs. Exchanges are not stupid. Of course they want the business all the tens of thousands of Hiveans will bring with them. We will be trading not only our own tokens but a bunch of others, too.
Yes I agree, TBH I'll be looking to buy more from now on!