Here we see a screenshot from CoinMarketcap which you can see here
https://coinmarketcap.com/currencies/steem/
OOH I just checked its now over 10% up! over $1.30+ and EVEN if it corrects back down, I DO believe we will see LARGE stakes being bought now, since the Mt Gox DUmp is almost over, the natural positive buy pressure will not be cancelled out by the sell pressure and we will just see Bitcoin EXPLODE like a balloon being held underwater! And tied to that baloon are other baloons like STEEM which will actually slingshot PAST the momentum of bitcoin like when you tie two bicycles together, drag one, and then the first one breaks and the second one shoots into the lead! Or if you have ever roller bladed and had a bicycle tow you and you go so fgast and the bicycle slows down and you can whip RIGHT past the bicycle :D I believe as we are "tethered" to bitcoin in some way we will eventually be shot UP into our own orbit! I know I know this is all just metaphor mumbo jumbo but my jumbo is dank and that's why people come here for more and more!
DONT WORRY BABIES NED AND SATOSHI ARE GONNA HELP MAKE YOU ALL RICH :D
(Art by 
Original
https://steemit.com/steem/@web-gnar/new-gif-commissioned-by-ackza-showing-the-whale-block-chain-reaction-featuring-dan-ned-stellabelle-sweetsssj-surfyogi-ackza-web