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RE: The price of Steem about to move up in a big way?
$10 is a no-brainer for me..., but crypto is full of irrational prices. There is no reason Steem should be lower than EOS in market cap. If Steem had just EOS market cap it would be around $40. That is where it should be in my book! :)
I am not sure about that. EOS has roughly $5 billion backing it. Steem doesn't have any of that. However, steem has a working blockchain and a social media site. I am not sure steem should be higher than EOS, but it should be higher than about 20 other coins that are currently ahead of it in terms of market cap.
One big thing missing is direct Steem to fiat conversion. You have to exchangr Btc, Ethereum etc. for Steem. If Steem could work with Ten X to get in on the crypto debit card or work with Coinbase etc. tgis would probably help to bring Steem to a higher value. More functionality and accessibility & many users=more value.