Steem Price and prediction
According to my research steem coin is the one of the biggest inflation coin. The greedy whales and bots are destroying Steem market price if a person holding 1000 steem he invest in bots and make 100 steem profit and then sell those 100 steem it means that new investors who are using bots are greedy for selling steem these people are insane and never know how to make price of coin valuable , If these people stop selling steem the buyers will agree to buy steem on any price because buyers are also greedy they invest in bots . So here the seller need to hold steem and stock steem for long term so until buyer demand increases and buyer want more steem seller want to hold steem .
As a community we have a social connections between all steemians . The steem current price is wrost in the history of steem due to sellers tend to sell steem all the time without break and they sell it at any cost because they are not holding it they are always busy to make their steem double using bots and selling this double stock and decreasing the steem value.
How to increase steem Price
Sellers responsibility not to agree to sell steem on cheap price until they see a satisfactory price current rate of steem is 6400 satoshi so sellers make an agreement not to sell steem under 10k satoshi so buyers will always tend to buy they will buy steem at any cost . currently market price is very very cheap and bottomed its time to spread awareness how we can survive steem market and make the price of steem good and valuable . The more supply of steem decrease the the more price of steem increase .
if you want steem to back to 1$ follow These Steps
Stop selling Steem under 10,000 Satoshi
Using any exchange do not sell direct on market price sell on pending order on 24 High price
For example 24 hight price is 37 cent then put pending order on 37 cent instead of selling direct 34 cent
It will increase the demand of Steem and when sellers sell steem less frequently it will boost the steem demand and price will jump and Jump.