Market Review: BTC, LTC, STEEM / Why no one is talking about Steem $10?
Bitcoin
is going down to correction. It's not new. The price probably will go down to $4800-5100, that's what I think. The latest upmoves were very fast and strong for a short period of time, so BTC hasn't had its rest yet.
We've seen loads of forecasts so far, so we can depict some 'average' figure of future price of BTC based on these forecasts. I think BTC will be $12.000-15.000 after a year since this time.
Litecoin
surprises me with how it can grow in time when all altcoins and BTC are going down. With Litecoin growth there is a hope that soon we can see another altcoins upmovements. LTC breaks $64 and stays now on that mark. I'll be looking over it.
STEEM
is not surprising anyone moving on high 1.10, low 0.98. Recent good news caused some spike till 1.6 in price but we've never seen any major upmovement, STEEM didn't break the resistance 1.7 level. Every time it spikes I can see loads of selling orders as though there are a bunch of speculators ruling over the price.
Mainly I have no fears about future STEEM price and going to invest more because it pays me back. That's a pity no one talks about $10 future Steem price and many withdraw their money while they can gain a lot of STEEM for cheap.
Seems only a logical move to follow @anforo because someone has to keep tabs on the cryptocurrency market and especially Steem. I am new to the Steemit platform but even more of a newbie to the whole cryptocurrency world. I am glad I made the plunge and wish us all the best. Steem on! @vickiebarker
Thank you for your comment! I am trying to make an honest review based on what really happens. Welcome to Steemit!)
I agree with you about $10 STEEM. We will get there, it just might take a while.
There are many changes needed in the underlying system that we are using. For this reason, mass adoption is going to be slow.
It will happen, it just isnt going to be overnight.
As for LTC, I am a huge fan also. I can see LTC as a $500 coin.
When do you think these changes could be applied so it influences Steem price?
Markets and platforms are two different things. The price of Bitcoin exploded yet the usage on the bitcoin blockchain continues to double every 12 months. The same is true here. STEEM's value is not reflective of what is going on with the blockchain.
Markets do their own thing. Personally, I like the idea of it staying around a dollar for another 6 months. I am a long term holder and want to load up on STEEM. The longer it stays at these levels, the more we get in our wallet.
Ye, you right, dollar-price is a nice opportunity to get new people on board also. Thank you for your comment!)
LTC is stable like fiat and grows like crypto)
bitcoin top level
Definetely
you are right, man!
)))
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Thank you!)
Its happening right now .. its at $5400 already ..it looks like gona happen soon.
Yea, and we can buy in again, right?)
I need people like @anforo to give their input and predictions on cryptocurrency because they are more qualified than I am. We look to you and others for good advice and it is great to see , Thanks
Always welcome)
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