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RE: Finally some good crypto news: Steem has skyrocketed by up to 45% today!

in #steem7 years ago

Great news. I guess we are pretty lucky that we stacked up our Steem over time and didn't cash out or anything. Hopefully it's just the beginning of another bull run. See what the charts and price will look like when spring is over. What's your prediction Tomas?

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Hi! To be honest I am not that concerned with the short term gains/loses since I am invested in crypto for longterm - years. Unfortunately, we are still at time when all the price movements are correlated to BTC and almost every single coin is copying BTC - goes with its price weather up or down. I only have one coin in my bags that did not drop much during this big sell off of the past 3 months and is actually at higher levels from its ATH of late December/early January - BTM. So what is next? Hard to tell as there is a lot of manipulation going on in the market but with all the developments in the space and new actors coming in I am very bullish in the long term. If BTC stays in the uptrend and nothing major happens we could see Steem rising pass its ATH and with successful implementation of SMT's and communities reach easily 50 bucks by year's end. But let's see what happens.