Hello guys,
So, everyone is noticing how STEEM is on a correction for 3 months now, and it isn't growing the way people wanted it to in December.
Well, let me tell you what changed and what made me, one of the guys who said Steem would rise, to have changed his mind about it.
If debating STEEM's price and mooning is something you like, then read this post.
However, be prepared to read something discouraging... for the moment.
Here's What I Thought in December:
I was pretty bullish on STEEM and agreed with 
I joined on the 11th of December and as such I accompanied some pretty interesting values.
What made me reach the conclusion that STEEM would innevitably moon were all the benefits of the blockchain, but more importantly:
- HARDFORK 20;
- SMART MEDIA TOKENS;
- COMMUNITIES (HIVE);
- Applets.
Etc...
You know, those exciting things people were finding out about. Plus, everyone was saying it would be coming on the beggining of 2018.
Exciting stuff right?
Yeah, I thought so as well. However, we know some things take more time then you'd like.
By now you're seeing why STEEM won't moon now.
HF20 Delay, Announcements, POLONIEX, South Korea:
So carrying on, here's what is stopping STEEM from mooning:
First of all, the Hard Fork just doesn't come, the Smart Media Tokens aren't here yet and the announcements aren't plenty... in fact, there's no date yet.
The blockchain is being worked upon, true, but what people see is Status Quo being maintained. There's no reason for STEEM to climb madly in price except for the reasons we already had before.
On the other hand, the Circle getting POLONIEX was an issue 
This is a downward factor, not upward.
South Koreans have been calm too so no pumping STEEM or SBDs.
There aren't many news about the Communities initiative either.
The problem is, STEEM will only MOON when these things get taken care of.
When the Status Quo is broken and something happens.
Don't Be Overbullish:
Hey,
I'm an optimist... but for STEEM to reach values such as $100, do you see how much the numbers like marketcap would be?
And how much STEEM would have to be bought?
Well, It's possible and I believe it can be done, but it will take some movement from the Blockchain, and developments are needed.
We recently got out of the first dump phase that happened last year, and we NEED to get to "Media Attention".
Bloomberg and the others publishing STEEM related pieces are a good sign, but Media Attention isn't coming en masse until some changes happen and press releases are done explaining the great new features.
And, of course, when brand new projects, companies and entrepreneurs arrive on the blockchain.
Here's some food for thought.
I would like to see some discussion in the comments section.
Cheers!
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