I had an interesting discussing with a friend who said he'd buy a house if Steem touched a hundred dollars in value. Another told me he'd move countries. A third wants to buy a Hayabusa with Steem and I personally would love to just squat on it and curate content for a while and travel the world with a bit of the money I would encash.
Well I don't want to make any price predictions but looking at the charts, sentiments of users on the platform and fundamentals of the platform it would be safe to assume that we're like to see a $10 value in price sometime later in the year. Of course, we have predictions for a higher value from some of the traders here but I'll take whatever comes my way.
Steem is one currency that I pray goes up in value but not before I have accumulated enough and as it turns out, 'More Steem is Never Enough.'
If the price touches $10/Steem token, then what would you do with your holdings? I know many of you are early adopters of the platform who have waited patiently for the price action to change course and get on an uptrend. Would you consider holding on for higher levels or cash out some of your holdings?
One incredible benefit of HODLing Steem is the curation rewards. This is a great passive income. I curate a fair amount of content per week and earn a decent 50-60SP/week with my current stake on my account. At $10 per Steem this amounts to a good amount of money and as an active investor/stakeholder I would love to increase my stake as I pointed out in my recent article about my Steem Power goals for 2018.
Any of you considering buying a Lamborghini? Well if you do, don't forget to invite me over for a test drive!
If you like my work kindly resteem it to your friends. You may also continue reading my recent posts which might interest you:
- My Past Year On Steemit—Quick Recap of 2017!
- 4 Tips For Steemit Account Recovery & Wallet Security!
- Steemit.Chat Contest #11 + Contest #10 Winners Announcement!
I plan to re-invest into this account. I would like to hire some people to do some consulting on marketing and grab some equipment to go out there and get more stories. If I could do that and make enough income from this at least in part, I would be ecstatic.
We shall see.
I am free. You can hire me
We are all early adopters, and the best advice now is to power up.
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Yes. exactly. we must buy some steem it is in the floor. it will raise soon...
Tbh, if steem hits $10, I'm keeping it for the passive income you mention. Considering the growth of the platform and SMT projects down the line, I think it'd be wise to reap passive rewards as your potential for "capital gains" via nominal STEEM prices increases. Who knows! If Steem's market penetration is successful, and since investors love dividend/passive income, these factors could propel Steem's price well beyond $10.
I completely agree. Passive rewards are the way to go with steem. Keep writing, keep participating, and get paid. That's what it's all about.
Hi I'm a new steemit user. I want to know more about this platform
Sure! In what way? I'm sure myself or anyone else in the comments would be happy to answer. :)
I would just keep stocking up honestly. The more steem power I have the better off I am :D
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.
Absolutely true!
I have listed Ten Ways You Can Use Steem When It Hits $10 in my recent post, after I observed that the Steem price could be here to stay.
I'll never buy a lambo. That much is for sure. Expensive doodads are not my thing. No matter how wealthy I get, I'll continue to look like a regular guy to people who see me in public. It's just not worth the risks for the bragging rights, but then I'm a security guy and biased against flashy stuff. To each their own!
I look at Steemit as a long term investment. This place is the future of social media, and I'm thankful and honored to be a part of it. The best thing about this place is that there's no content filtering or demonetizing of content here. We can talk about the truth and liberty without negative consequences.
I think that the way in which votes are sought sort of makes this more of a reddit-type of space than an open forum, in that many would withhold their actual thoughts on things if they believe them to be counter to the prevailing opinion, for fear of economic repercussions. In this way a site that has people always going towards the mean consensus on subjects tends to stifle less popular opinions by design as people choose to self-filter, and I think there are pros and cons to forums where posts are sorted by votes as opposed to purely by the time the post was written.
This site is a totally different animal in that it pulls more of the economic incentives right to the forefront and users can invest in the account itself primarily through the site as opposed to off-site like how posts are influenced on Reddit via botnets etc., although apparently such devices are employed albeit in a different manner here. Not being argumentative, just thinking about how this site or Reddit or other forums and their users adapt to their platform of choice.
This is only a start, steem will be the social media reserve currency once specific supply lines across verticals build on top of SMT
If steem went to $100, I would probably be able to quit my job and write full time. That would be totally amazing.
I might considered buing myself an iPhone as my current phone is in bad shape. But hey, youre making more steem power out of your curations.. Why not visit my blog sometime. I could use your help heheh.. A joke but dont take it lightly. Steem is going a long way here in Ghana tho'
I don't plan on selling. Firstly I'd have to pay capital gains at 33%, which I don't want to do. Secondly, Steem is one of the few cryptos where you can get value out of it without ever selling it. I plan to use my Steem Power as capital, whether leased out or for influence or to facilitate business (such as paying people who do work for Steem and/or me with upvotes).
It depends if 10 dollars wanted to be touched. If Steem touched 10 dollars inappropriately or against its will I may have to reconsider my thus far enthusiastic support of Steem.
whats the difference between inappropriately and against its will?
I am holding it forever.
Forever ever ever ever ever ever. "I couldn't even afford a ford escord or even four track recorder." - Kanye West before Steemit.
not going to power some up??
I'm going to hold it and never let it go! I love Steemit and the GREAT Steemit Community! Joining Steemit is one of the best things that I have ever done for myself! I feel so very blessed and honored to be a part of the Steemit Community! I will never forget all the help I received here from the whales! I was welcomed with open arms and I am forever grateful! I'm doing my part! I'm telling my Family, Friends and Clients to join the GREAT Steemit Community! It is the least I can do! Wishing everyone the VERY best of health and happiness! Two thumbs up! Positive Energy! Great Karma! Blessed 2018! :)
Way to spread the word!! I need to do more of this in my everyday life... the more the merrier as they say! Hope the new year rewards you with much success my friend! Cheers to Steemit <3
I try and figure out if I have missed the boat and come to late to the party and need to move to another platform!
It's not even the beginning.
Hopefully . Do you have any thoughts on APPICS and their ICO ?
I'll BUY MORE STEEM!
I'd buy more steempower!
Power up baby! Although if steem is at 9 kinda hard to but I'll take anything and get to 1000sp then 3000 then 5000.
I want eventually 10000 but it's going to take long.
I still do a 75% hold steem and power up, buy delegation and 25% cashed out to buy alt coins and trade steem.
That's the plan even if its back to 13 to 14. If it reaches 20 tbh I don't ahhahaha.
Stay powering up!!Now that's what I like to hear... what value of SP do you have to have n order to reach these different levels of VP??
I was just curious as to if you knew the answer to this bc I do no happen to know... lol
excellent work dear friend @firepower, thank you very much for sharing all these opinions of the value of our beloved currency, my estimate of the steem for the end of the year 2018-2019 will be around $ 20 dollars. I hope that by then you have accumulated the resources.
I wish you a great day
that's @paulag 's opinion too
Me, I will just keep converting and powering up. I haven't thought about at what point do I stop powering up. All I know is right now I want to have enough of my own SP to get the slider, that's a little over 480SP needed for it. So I am 331SP of my own power. On the eve of the new year, 12/31/17 I had 314SP of my own. So 17SP gained in 7 days. Getting there.
I pray it touches $10, Will like to travel out for my master as an engineer.. My country is not a better place to be as a master student..wish a help can come from. Above.. Please encourage me with an Upvote. Thanka
If steem reaches 10$ per steem I would still hold on because I have actually lent a big lesson from Bitcoin, If I had save my bitcoins I would probably be a millionaire today . Am ever ready to wait .. 2018 shall favour us Amen
hallo firepower warten ab in ein paar jahren wieviel es wird? €
I share the same sentiment. This however is giving me unecessary pressure for myself. I feel like there is a deadline to beat, and it's taking away all the fun.
So I promised myself to enjoy the process as I hold onto the STEEM and reinvest them back in the community.
Maybe 3 years from now, I can now free use some up for personal needs.
we already saw 8$, so I think we will see around 15-20 $ till summer
LMAO
I'll probably do the boring sensible thing and continue making content, evangelizing Steem locally, and power down a little to invest in other crypto. Lambos can wait. I'm not taking any chances until I have a roof over my head. After that, treat my parents to a nice retirement.
Beautiful. I like your way of thinking.
I have not been on steemit long enough to have accumulated much steem. So my plan once steem reaches $10 is to remain vested. Thanks.
At 10 USD I would just continue to power Up. At 100 I would still stay investiert, but maybe you some of the Money earned.
Set up a mining rig - check.
HODL (power up that is) more and more after. ^u^
Thanks @firepower for your post. When steem hits $10 I will do three back-flips! I will be able to brag to those around me right now who are not taking Steemit seriously. The erratic nature of bitcoins has turned many eyes the way of crypto but the real gold for the future in in the currencies that are slowly building steam at the moment to explode soon.
I live close to the sea with a spectacular view both at night and during the day. I would love to get a very powerful camera that can capture nature perfectly. That will be one of my dreams!
Sell some to have funds for my soon to be SMT
he follow and upvote I follow and upvote back
No Lamborghini for me. When STEEM hits $10 I'll hope my wife doesn't find out and keep on posting and enjoying great articles like yours.
Security. Peace of mind. Probably buy some gold or something like that which will secure the future of my two daughters in some way or the other. To an extent. Looking forward to holding my steem till the prices go up to such levels :-D
Just hold it.
@firepower I don't know, probably keep powering up some more! One thing is for sure though: I won't be SURPRISED!
Power up and Look forward to $25 👍
I will buy a new phone. My new phone shall make me easy to write post on Steemit more than current phone. lol
Minnows be like...
Only $10?
haha, right
Oh boy!!! If steem reached 10 dollars, my earnings would sky rocket!! !! Its just above 6 dollars and i can already feel the difference. I'd probably post a hell of a lot more and rack up those steemdollars and better fund my trading account, from then on i'll just HODL steem till it quite possibly, hopefuly, maybe hits that 100dollar mark and then i'd buy a house 😬😬😬
When steem reaches 10 I will do the same I am doing now. Keep on holding it!
At $10, I’ll think that we’re just getting started.
It is an interesting debate. The way the market is looks like it will be an awesome here for steemians. The SMT tokens probably will pump the steem blockchain even more and that will be interesting to see. But right now i am just focus on producing more and better content fpr the community no matter the value of the rewards. 😃
Oh Lord, won’t you buy me a Mercedes Benz,
My friends all drive Jaguars I must make amends,
Worked hard all my life, but Lord what can I do,
Wait for Steem to rise more, and get what I am due.
Classic
I would keep on HODLing. And invest in steem power.
For now I'm just worried about winning some coins, Steem will gain a lot of value in the next few months, we should keep in mind that the Steemit community is growing rapidly in recent days.
And after that has a better value we will see in what enjoy them.
excellent vlog, friend
Hey @firepower I'm really new here .. I signed up today,
I'm sure you'll have some good tips in order for me to succeed at steemit And raise my rating...
thank you very much
The best thing is to hold on
for sur it will go up hopefully to have a really great value thank you for the post