Where do you see Steemit prices by the end you 2017. Give your realistic view. I heard you say that you invested $30,000 in it but regardless of that investment and how you would hope for that to turn out. What is your opinion ?
Eventually it will be much more expensive to buy Steem. If I had the means to buy a bunch right now I would. Because in the future you won't get nearly as much for your money. Or at least that is what I think. But I guess we will see what happens in 3 months.
Steem has the potential of increasing exponentially when big gameboys come around to take away most of the circulating which i think will happen when the popularity kf steem goes high and also when we stand the test of time
@inventor16
Do you think the current price point of 2$ is a good entry point for a large investment?
I am scared that this price might be a result for the whole altcoin bubble but then I see steem holds up when a downtrend happens.
I think Steem is not going to take 1-2 spot ever (being realistic here)
I would not be shocked if it can take #3 if it gets a good advertising from it's community on other popular social media networks and this is already happening slowly.
If people know how steem works and how they can earn much more money here than other social media networks, they are definitely going to start using it and this is what will drive the price up.
I managed to get 1385 Steem today from 1 BTC at a better rate, leaning towards buying a btc daily worth of steem and power it up while telling friends and followers about Steem and trying to bring new people in for now.
I agree. Not just big players like business owners and investors. When celebrities and well known figures also join in majority of their fanbase would sign up to.
Celebrities would use this platform to better monetize their products and their fanbase would be delighted that along with supporting their idol they also get monetary incentive to do so. I mean when did Facebook or Twitter do that for them?
I think the celebrities and well known figures you talk about would still be a bit skeptical at this point. Imagine them having this reputation and then endorsing something that sounds like a scam, so some of them may be interested but I would guess they will but not anytime soon. So hold on to that penguin gif for the mean time. ;)
YES and the whole market is down today I think now is the best time there will be to invest for a long time!
Hey, you inspired me for my first steemit post ! keep your energy down the road !! @jerrybanfield #thisisnottwitter
feel hugged !!
Agreed brother
I agree, but when you write it you didnt see todays action coming.. So now its the best time..
Yes, there is two best time - 3 years ago, and now.
I watched a video of yours flipping SBD and LTC I tried to access it but couldn't, please assist me with the link.
Where do you see Steemit prices by the end you 2017. Give your realistic view. I heard you say that you invested $30,000 in it but regardless of that investment and how you would hope for that to turn out. What is your opinion ?
Eventually it will be much more expensive to buy Steem. If I had the means to buy a bunch right now I would. Because in the future you won't get nearly as much for your money. Or at least that is what I think. But I guess we will see what happens in 3 months.
Maybe, maybe not - that's why it's called speculation :-) check out this alt coin https://steemit.com/skincoin/@the.dajboz/breaking-skincoin-the-next-big-cryptocurrency
Steem has the potential of increasing exponentially when big gameboys come around to take away most of the circulating which i think will happen when the popularity kf steem goes high and also when we stand the test of time
@inventor16
Do you think the current price point of 2$ is a good entry point for a large investment?
I am scared that this price might be a result for the whole altcoin bubble but then I see steem holds up when a downtrend happens.
When you look at steem compared to Bitcoin and Ethereum the marketcap is small.
ETH : 26.8/.437 = 61.32723112128
BTC: 41.9/.437 = 95.88100686499
61x to 95x growth potential if steem takes #1 - #2 spot which I think is possible.
I think Steem is not going to take 1-2 spot ever (being realistic here)
I would not be shocked if it can take #3 if it gets a good advertising from it's community on other popular social media networks and this is already happening slowly.
If people know how steem works and how they can earn much more money here than other social media networks, they are definitely going to start using it and this is what will drive the price up.
I managed to get 1385 Steem today from 1 BTC at a better rate, leaning towards buying a btc daily worth of steem and power it up while telling friends and followers about Steem and trying to bring new people in for now.
Let's GO !! Can't wait for it to blow up. 💪
@tastetwist agreed :)
💪 resteem have a great day :)
Thank you!
Great post buddy! Followed and upvoted!
I mean if facebook can have a market cap of 440 billion $ , I think its a pretty good investment on STEEM while 440 million $ market cap :)
Awesome point! That is only a 1000x return if steem could ever catch up to Facebook :)
That would be great. Nothing is impossible. I will defenitly start to invest some money in STEEM to get better influence here.
good opinion , but i think it's going to be more than that :)
I agree. Not just big players like business owners and investors. When celebrities and well known figures also join in majority of their fanbase would sign up to.
Celebrities would use this platform to better monetize their products and their fanbase would be delighted that along with supporting their idol they also get monetary incentive to do so. I mean when did Facebook or Twitter do that for them?
I think the celebrities and well known figures you talk about would still be a bit skeptical at this point. Imagine them having this reputation and then endorsing something that sounds like a scam, so some of them may be interested but I would guess they will but not anytime soon. So hold on to that penguin gif for the mean time. ;)
I hope so, I've been buying today, and the other day, and a few days before that, and I'll probably buy some more next week!
I see you are keen on the steem! Thank you! 😁