Steem

The Steem is creating quite a stir around the cryptocurrency world. The price of Steem backed Dollar (SBD) has risen from the low of 70 cents to as high as 16 USD. At first the STEEM, the main cryptocurrency could not keep pace with the SBD and lagged behind the SBD in valuation. However, recently

Uniqueness

The steem is unique in a few ways:

• There's not one or two currency, but three: the Steem, Steem power and the Steem backed dollar (SBD)
• All three Steems can be earned through blogging in a community called Steemit
• The rewards in the Steemit blogging depends upon the valuation of Steem and SBD

The growing number of bloggers in the Steemit community has cast opportunities as well threats for Steem to survive and thrive.

Speculation

Some very conservative speculation pegs the price of Steem in the territory of twenties by the end of 2018. But some speculators predict that the price may rise as high as 100 USD.

Let's hope for the best. Happy Steeming!!