What, that is crazy. What does this geek know? Go back to your gaming. I get it, there is a lot of caution in the crypto world. And people should be careful with their money. As with any crypto only invest what you can lose. And I mean that literally, if you lost it all tomorrow you need to be okay with it. But I do think steem will pass the $10 mark and head to the 100. Why? Communities, SMTs and a bull market.
The problem with steem now is the lack of organization. There is the trending page, the hot page and that is about it. It is hard to form groups and build an organic community of users. It is the biggest issue a lot of social media and blog sites face, what content gets seen and what doesn't. But when we get communities we can start to make sections for different interests and make this site bigger than Reddit. I will be making a gaming one myself when it begins and this should only be months away.
Then there are SMTs. Think of them as side-chains like Ethereum has. And the more popular they become the better it is for the steem price. Look at the 100x growth ethereum saw. I don't think we will see that much gain but if there is traction we can see a large jump in price and popularity.
And lastly the market has been pretty sad lately. Alt coins have been getting hit day after day and bitcoin has lost a lot of value. This might not even be the bottom. But with all the interest in crypto (and the release of dapps) we can see another bull market. Think of what that will do to Steem, a coin that has managed to hold on to $2 in this bear market. You times these things together and we can see some serious growth in price.
We still have a LOT of work here as a community and steemit has issues to fix but this site and coin can be one of the top 10 if we put the effort in.
Or do you just think I crazy?
