Lower Price Target For Steem In 2018 And 2019

We have adjusted our year end price targets for Steem for 2018 and 2019. Our new target price for December 2018 is $9.00 and our December 2019 target in now $30.00

The reasons for the target price reduction is mostly due to government regulation on Cryptocurrencies as a whole, which will slow down the pace of Steem's rise in valuation over the next 5 years.

Our December 2018 target was $10.00, now is $9.00
Our December 2019 target was $35.00, now is $30.00

Here's a link to another report about Steemit:

https://steemit.com/money/@arthursen/exciting-article-out-tonight-with-buy-rating-on-steem

At Arthursen we estimate Steem will be $9.00 at the end of 2018 and should be worth $30.00 by the end of 2019.

Current prices:

Steem $3.26

Gold $1,330

Silver $16.60

US Dollar $89.91

Brent Crude $66.93

S&P 500 E-mini $2,637