Lower Price Target For Steem In 2018 And 2019

in #money6 years ago

We have adjusted our year end price targets for Steem for 2018 and 2019. Our new target price for December 2018 is $9.00 and our December 2019 target in now $30.00

The reasons for the target price reduction is mostly due to government regulation on Cryptocurrencies as a whole, which will slow down the pace of Steem's rise in valuation over the next 5 years.

Our December 2018 target was $10.00, now is $9.00
Our December 2019 target was $35.00, now is $30.00

Here's a link to another report about Steemit:

https://steemit.com/money/@arthursen/exciting-article-out-tonight-with-buy-rating-on-steem

At Arthursen we estimate Steem will be $9.00 at the end of 2018 and should be worth $30.00 by the end of 2019.

Current prices:

Steem $3.26

Gold $1,330

Silver $16.60

US Dollar $89.91

Brent Crude $66.93

S&P 500 E-mini $2,637

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Very good. I see that you have posted anyway.
I have been waiting for Steemit to get back to normal
Who knows when that will be?
Thank you

Francis

I think you may be right

it's cool, wasn't planning on selling anytime soon!

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