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Question answered on Musing.io by anonsteve

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· @anonsteve ·
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json_metadata"{"app":"Musing","appTags":["steemit","steem","cryptocurrency","exchange","money","investment","blockchain"],"appCategory":"steemit","appTitle":"Is there a possibility of STEEM price rising to $3-5$ in the near future?","appBody":"<p>I don't think it will happen this year. STEEM price could only go that if another crypto-rally took place. I don't expect that to happen very soon. Maybe next year or in 2020 when the next Bitcoin halving will take place. By 2020, the bloodbath of 2018 will be but a distant memory to the impatient crypto-speculator crowd.&nbsp;</p>\n<p>But I don't mind at all. I don't live on cryptocurrencies so I don't care about the relatively low prices. I'm happy to earn STEEM without loads of competition clamoring for the same coins. I wouldn't crap my pants even if the price of Bitcoin went down to $4,000 or the price of STEEM dropped to the vicinity of 40-50 cents. I'd just keep hodling and stacking them up. Steem is a powerful concept and it only takes some time for the general public to wrap their minds around it.</p>","appDepth":2,"appParentPermlink":"fkm89h995","appParentAuthor":"philipkavan","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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