Why I Think Steem is Going to be $40 about April, 2018

Hello dear Steemians,

I am doing researches on my own for cryptos, although I am not an expert in this field. Anyway, they are somehow predictable if we look where those cryptos where in the past. Also, the potential it has and the problems they solve are the crucial factors when we are looking for their future price.

the beauty of Steem Blockchain

Steem has so many benefits that already solved much problems for its users. Zero fees make it even worthier. It is what we are looking for. There are no mining pools needed that burn so much electricity.

I love how it is actually mined that is called proof-of-brain. It is indirect fee which is actually the reward for Steemians and just 37.5% goes to SBD that can be redeemed that makes sense for the price of Steem.

So, the creator @dan and @ned decided to reward not the machines but people who value the coin. That's why I love this project and this is going to grow geometrically because of its potential and features it has.

this is why I think price will reach $40 in 3 months

I just looked the charts with its ups and downs and made some calculations.

We have 3 main spikes there. The first one was in the middle of 2016 with around 400 million dollar market cap which became 600 million in one year and 1.8 billion after half year.

I made fast calculations. 600/400=1.5; 1800/600=3 and it shows that the potential it can grow is 6 times. 1.8*6=10.8 billion. I think it is quite possible.

Then I tried to manipulate with time scale to determine when it can happen. The second spike happened in a year and the third one two times faster. 12/2=6; 6/2=3. That's why I believe it is going to happen in 3 months (about April).

Steem with 10.8 billion market cap and around 270 million total supply, the price is $40.

Disclaimer! I am not a financial expert and please do your own research until deciding to invest in it. I just did my own research and forecast.