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Question answered on Musing.io by luueetang

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· @luueetang ·
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authorluueetang
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json_metadata"{"app":"musing/1.1","appTags":["bitcoin","steemit","steem","price","crypto"],"appCategory":"bitcoin","appTitle":"Do you think, the price of steem will be about 1$ or more, and what about price of bitcoin ?","appBody":"<p>Yeap. I think. It could get there. Now is a good time to just keep investing in. I guess we have to wait for the longer term and wait for things to go uptrend. It takes a lot of time.. And we have to look deep into the distant future for things to rise. I am sure that more and more people would be interested in cryptocurrencies sooner or later.</p><p>There are still many who haven't understood cryptos fully yet so it would be great to know that there is still a huge potential in this market. If everyone knew about it, then there are still potential market as the population grows. Demand and supply would usually determine the prices. Maybe when smart media tokens come into the market next year, there would a spike in interest for those who want to invest into Steem and participate into Steemit and the dapps built around by Steem. Well, there is still lots of potential going on with this technology.</p><p>At the moment, even when there isn't a huge publicity going on, Steem is going strong and with a plunge in price from the prior high of usd 8 to now 27 cents on average at this time, there are still lots of users that are participating here daily and also lots of new users even with the two weeks wait. When steem really goes public, I believe the price is gonna rise a lot. I won't say it would sky rocket to the moon like what btc did but it is good enough for us to at least buy a ticket to the US. Hahaha...</p><p>As for btc, there is a price that it needs to head above which is 4900. If it can go above this price, it can go to 6500 roughly there. At the meantime, do watch ethereum, it's making quite good returns. I invested my Steem there and saw the price doing quite well. It was around 85 weeks ago and now 151, last week it went down to 116 and back up again. I haven been able to get a grip of why it's rising higher than the other cryptos but it is currently giving the best returns. </p>","appDepth":2,"appParentPermlink":"fklc5deyw","appParentAuthor":"emsonic","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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