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Question answered on Musing.io by cryptoandcoffee

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authorcryptoandcoffee
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json_metadata"{"app":"Musing","appTags":["Steemit",""],"appCategory":"Steemit","appTitle":"When will be the price of steem goes up ?","appBody":"<p>No one can say for sure when this will happen. We all know the price is undervalued for what Steem represents.</p>\n<p>Unfortunately the crypto coin prices are largely governed by what Bitcoin does. If Bitcoin goes up the entire market rises and the opposite when it drops.</p>\n<p>There is a lot of talk at the moment regarding big investment houses coming into the crypto market in early 2019. Trinity house is one such company that has over $ 7 Trillion in investments. The thought process is that they and a few others are manipulating the prices currently and keeping them down.</p>\n<p>The reason behind the price manipulation is simple as it is better for them to invest when the prices are low. It wouldn't take too much money as a percentage for them of their Trillions to basically keep the market quiet until thry are ready.</p>\n<p>Previous years it has been expected for the markets to rise and be at all time highs by early January. This year however looks different due to the outside interference by these huge investment companies.</p>\n<p>If I had to give you a time frame from what I have read I would say look to March/April for a significant change in price.</p>\n<p><br></p>","appDepth":2,"appParentPermlink":"fkzvvyd8x","appParentAuthor":"solarangel","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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