"its pretty hard to digest this amount of content and use my upvotes in proper way, but either way I'm glad to see the site growing so rapidly"
YES
It seems to me a new,higher price floor has emerged for Steem. I think if Steem can hit and hold above $2 again we could see a quick run up to $3-4. I have read others predictions of $5, $10 etc...but I tend to be a bit more conservative with my projections. Just my opinion.
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Have you checked coinmarketcap.com lately? :P I think with the way things are going, once Bitcoin slows down its going to be a free for all to attract all this new money that poured in... Steem will be ready :p
Everyday :) What I am looking for are sustainable price increases. Higher highs, lower lows, floors in price etc...I have no doubt nearly any cryptocurrency at nearly any given time could experience 300% 500% gains in a relatively short period of time. Steem, as you say, could very well experience that effect based on the flood of new investors. As a long term investor in the platform I would be more excited about Steem spending 6 months at $3 than having it hit $10 for a week. Again this is just my opinion, and to be clear regarding my outlook for Steem, I am very bullish about it's potential! :) HF 19 could also play a factor, we will have to see.
If it hits $10 for a week, I'm writing 50 pots that week. ;] But yea, great analysis and I agree, its better to have slow growth..
Haha I know right!
