[CHART] Steem is doing in 3 days (almost exactly) what Bitcoin did in 3 months

I did a quick visual comparison of the charts of the market capitalization BITCOIN and STEEM.

And there are striking visual analogies !

See below, 2 charts:
BITCOIN price, from Oct 27, 2013 to Jan 10, 2014 vs. STEEM price, from Jul 11, 2016 to Jul 13, 2016

My analysis (worth a steem or 2...):

1- Crypto-currencies are not new anymore, and more people start to know them. Moreover, people saw the huge gains some early adopters had with Bitcoin, and nobody wants to miss the next train.
2- vs. 2013, social media adoption and the speed of things in general on the Internet increased drastically
3- I deliberately stopped the Bitcoin chart to Jan 2014. We all know what happened after (click the links below if not).

Therefore, from a pure Chart point of view, we could imagine the same "Bitcoin" pattern for Steem. Just way faster.

Albeit speed should be affected by the fact the steemic platform is powered by content; hence we need to factor the time for people to create content, and the simple physical time needed to read and click.
This would limit the probability of ultra-rapid valuation patterns.

My 50 cents: in 2 to 3 months, we should see a stabilization of the price of steem. (it took approx a year for the Bitcoin)

If I had to, I would guess a 200M Market Cap. That's my 50cents...

Cheers,

---

• Disclaimer:
  as said, it's my 50cents Just a quick chart analysis. I find the similarity between BTC and STEEM striking. Let's see how it evolves.

• Sources:
  https://coinmarketcap.com/currencies/bitcoin/
  https://coinmarketcap.com/currencies/steem/