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Question asked on Musing.io by philipkavan

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· @philipkavan ·
Question asked on Musing.io
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properties (22)
authorphilipkavan
permlinkfkm89h995
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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":"","appDepth":1,"musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"question"}"
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@acesontop ·
$1.31
Question answered on Musing.io
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properties (23)
authoracesontop
permlinkfkmns8995
categorymusing-threads
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 think that there is. I am not a chartist or have good technical analysis skills but from my experience in the crpyto markets things seem to be cyclical. What goes around comes around. The prices of almost all of the cryptos are very low from their ATHs for some good months and that's a good buying signal in my opinion. It is also that for years in Deecember prices have spiked and prices and I think that lots of people that are interested in crypto and waited on the side will jump and buy in this period. Thus when there is demand prices will only go up. I also think that if this thing will trigger a bull run we will see Steem at more than $10. How long will it be able to hold that price range I don't know but $3-5 it's easily reachable. When I joined Steemit Steem was selling at around $5 and SBD at $7 and it was a few weeks after the ATHs. It's just a matter of time until the prices will start climbing again and I think it won't be long.&nbsp;</p>\n<p>These were my thoughts. Hope you found them useful and wish you a great day!</p>","appDepth":2,"appParentPermlink":"fkm89h995","appParentAuthor":"philipkavan","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
created2018-11-02 13:43:12
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vote details (2)
@anonsteve ·
$1.42
Question answered on Musing.io
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properties (23)
authoranonsteve
permlinkp3cvuxnl5
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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"}"
created2018-11-03 17:21:09
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vote details (2)
@jlordc ·
$0.44
Question answered on Musing.io
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properties (23)
authorjlordc
permlinkpkaphd995
categorymusing-threads
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>There is always that possibility, especially if History repeats itself! </p><p>The highest price reached by Steem was $8.57 on Jan 03, 2018 and for SBD $22.34 on May 17, 2017 according to CoinMarketCap.com which is like only 2 months away.</p><p>It is also worth to note that SMT's which was hyped for more than a year now is set to be released next year. If all goes well, we might see an increase in the price of Steem/SBD early next year because of it.</p><p>And since everyone is attracted to coin momentum (like how btc gained so much attention last year for going above $15000+), with SMT's on the way it is not impossible that we might get $3-$5 in the near future due to the publicity and attention it might bring for Steem.</p>","appDepth":2,"appParentPermlink":"fkm89h995","appParentAuthor":"philipkavan","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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vote details (2)