Around 6 months ago I wrote a post where I made some predictions for where Steem would be in 5 years time. You can find the post here
So what were my predictions?
- The price of Steem will have risen from a low of $0.04 in early 2017 to a high of $43 in 2020.
- Large companies and organizations will take significant positions in Steem, and will have a big presence on Steemit and related Steem projects.
- Active users on Steem will be in the tens of millions.
- Thousands of projects using the Steem blockchain will be developed, with many of them disrupting industries such as; remittances, travel/accommodation, stock exchanges, banking/finance, online marketing, and social media.
- Millionaires will be made from those who were early adopters and held on to their investment.
Well, I'm proud to say that with the recent Steem action,my wild predictions don't seem so wild any more. Although Steem didn't quite hit a low of 4 cents, it did get to around 6-7 cents earlier this year.
I'm confident that reaching $43 within the next 5 years is a high possibility. Hold on for the ride, and make sure you always have some Steem invested for the explosive growth we are yet to see!
What do you think about my predictions for Steem for 5 years time? Feel free to add your predictions in the comments below.
