What will be STEEM Price in December ???? Give Your Thought ( Bounty Added for Your Comment )

in #steem-bounty6 years ago

STEEM Price Update :

Steem is now too low. Steem current price is 0.74 USD. Steem continuously decrease in last 2 weeks. After its falling now its almost stable. Steem price is increased but not like BTC. Steem become low and low. Some top Steemians dwon their power is one reason for this situation. Steem decrase 22.3% within last 15 days..
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Question :

What will be STEEM Price in December ????

Bounty Added :

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$0.5

You think, It more lower than current price !!!
Why you think, price will be $0.5 @knircky

Dear @raisha1, thank you for your post, did you link it in the @jmhb85 contest? Regarding your question, i hope that BTC within december can rise to 10k usd in order that Steem can get his capitalization again over 300.000k usd and get his value again over 1 usd, all market is down now, so we need that jump will happen in order to get back the money we invest, who comes into crypto in 2018 get only big lost right now...:(((

Nice thought...

I think that we will be back around the $2 mark again. That is where we had been moving for a long time before the bull and crash we saw this time last year. Hopefully the market has balanced off a bit and when that happens we will see investors ready to make some money again pushing back up the prices.

Hmm tough to say I will say not near its peak however within the 1-2 dollar range so a fair bit up from here today. Until DAPPs then it will go insane so early next year :).

I think price will be 4.234 USD

You know that STEEM is built to have some inflation which causes lowering the price. The only way STEEM will go up is when more people join the community. There is a fee to join Steemit, so that doesn't really help in raising the price.
So, I don't expect the price to go up high. Except if some hard forks done. It's also not a big deal, It's better for people to have low prices. It's only affecting the whales!

So logical thought

By December, although it is highly unpredictable and i don't think the price will stay low for long. May be by December it will be around 2.5 USD

Thanks for your predictin..
We will see in december

Steem price is really unpredictable right now.
The whole crypto market is still in a down movement. If there isn't a turnaround in the market Steem will not increase in price.
Maybe with a bigger community and good situation in the crypto market it reaches 2 dollar in December

Thanks..
Why you think it ???