Suprextremely Optimistic Long-Term Steem Price Prediction
Take this post with a jar of salt please.
Sometimes it's fun to entertain long-term price predictions for various coins. Nothing in this post is investment advice; it is purely for the sake of entertainment.
First up is the Weekly Steem vs USD Chart.
Long term price pattern is a Rising Wedge, which should break out at some point near the end of 2018. I'm optimistic that the price of Steem could reach $15 this summer, and $64 by the end of the year.
Next is the Weekly SBD vs. USD Chart.
Long term price pattern is an Ascending Channel. Due to the manipulation of SBD supply by the Witnesses, it's basically a shot in the dark trying to guess where SBD could go. I'm Optimistically guessing SBD could reach $18 this summer. But, the price could fall out of the channel this year, or SBD could be worth $200 by year end... Who the heck knows at this point.
Thanks for reading.
Again, this post was just for entertainment purposes. Steem could just as easily go up in smoke if something disastrous happened.
Steem Guides (in reading order):
For Dummies: How Steem Post Payouts Work
Upvote Buying & the Steem Power Snowball Effect
How to Help Clean Up (and Profit From) Steem Abuse
Want to make money while helping to clean the garbage up on Steem? Report plagiarism, theft, tag abuse, comment spam, post spam, and other Steem abuse that degrades the Steem Platform to @steemcleaners with their reporting tool. If you provide good evidence, they will investigate and deal with the abuser. A week or two later they usually reward you in Steem Power. It's a win-win for everyone, just don't abuse the abuse reporting tool itself.
Want to grow your steem power faster?
try smartsteem
and steemfollower
Tip Jar:
Dogecoin DDizpbLrYzFNEZtEVvUXo8kKBKu3K7yLry
As always; good luck, good wealth and good health to everyone on Steemit. Stay positive towards others and help the community grow.
If I can give you guys my opinion for a good ICO, I discovered an exciting one: RAWG. If you want to have a look and get some information, the ICO will start by the end of the month.
The ICO site is this one: https://token.rawg.io/.
It's a video game discovery platform that converts your skills into goods and services.
You can earn tokens by playing your favorite games. The site is already working, with more than 50,000 games in the database and new games are getting added every day. This is the site: https://rawg.io/
Quite good looking, don't you think?
Have a look! I hope this information is helpful.
Good report. I like that you include the Steem links for newbies.
Fingers crossed these predictions come true at the end of the year ☺