Steem has made some insane moves at the beginning of this year.
Many expected it to and knew that Steem usually always lagged behind a bit when alts were moving up, either due to the nature of how Steem is aquired or the continuous printing of new tokens which many others don't have. It doesn't seem to have cared too much about it though and taken it's place with a quick and high uptrend like many others.
This chart shows the graph of steem 1 year back from today.
2 months ago I made this quick prediction of the chart of how I thought Steem would go and I'm surprised it looks pretty much like it now in the graph. The post can be found here.
Although I expect some correction to follow soon and Bitcoin probably making more moves upwards (which surprisingly doesn't seem to have affected all too many altcoins, maybe people are just using BTC as a gateway to alts now considering its dominance hasn't moved much) but in the long run I do believe Steem will continue to climb. Whether the latest moves have been due to the new additions to the network coming, like Communities and SMT's or if it's just a reflection of the activity and traffic is hard to tell, could probably be a little of both.
Where do you see the price of Steem in the beginning of 2019?
