We've all sat patiently over the past two months waiting for STEEM to budge significantly after peaking a few months ago at $2.80 and settling around $1 to $1.20.
Well today, we've seen a 32.6% climb to $1.30! Talk about a pump!
Of course it's been hanging around $1.30 on and off a lot recently, but it's more the fact that it made such a quick climb up the ladder!
I've long held the belief thanks to @StephenKendal that we will see STEEM trade above $4 by year end. I've just wondered when we were going to see an actual rally as it's fallen lower on the top cryptocurrencies.
Now today could just be a fluke and some guy just threw tens of millions of dollars into STEEM, but it looks like there's a buy-up happening! Even if it is a fluke, it'll stem lots of buying!
The @KeiserReport mentioning Steemit on a show seen by millions certainly helps bring the value up. As does the level of people leaving dinosaur social medias like Facebook in search of a decentralized platform that doesn't censor them!
I've said it many times before and I'll say it again! Steemit's untapped potential is incredible! We are likely to see a massive influx as long as we continue to spread the word! It is the free market after all!
People need to start Stackin that steem lol :)
Thanks for sharing, Josh! Long time YouTube subscriber to your channel.
Thank you! :)
I guess it will fall after the first jump up. And it will be a good time to buy
Thank you Josh. You always mention steemit at the end of your videos, that must have helped too
Sticking with my $4.70 by year end Josh. Keep up the great work. Stephen
Hi @stephenkendal I'd love to know your reasons for your prediction. Is there a post? I feel Steemit could be in danger from all the spam around here.
I'm asking the community to join my survey on this issue. Would love to know your thoughts https://steemit.com/steemit/@joannajablonka/spam-bots-and-cheetah-s-oh-my-community-opinion-survey
I think it just corrected
Steam has great potential and that will pay off
I think that a lot of things are going on, and a lot of great people have really good ideas, an in order to profit on this crypto hype, you need to follow the enthusiasm train, an not get stuck in a particular altcoin.
It can equally well be both pamp and the beginning of a great ascent.
i believe it will reach the 4$ mark by the end of the year and 20$ next summer! that's just my prediction
Wow, that's a nice change! Hope it keeps going up.
I think the Steem is undervalued at the present time. It provides more utility than other cryptos being the foundation of Steemit a social media platform, Dtube, among others.
Cool, that is great news, hope it will continue going up for a long time:-)
I hope Steem rallies, my account value is getting wrecked.
Excellent post, I like what you do still, greetings
$3 by christmas,thanks for sharing.
I think it is undervalued, there is no cryptocurrency like Steem, that is backed up by such a social place like Steemit. I think it can go beyond $10 before the year ends.
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STOPfingers crossed