$5.93 Steem! What Will The Price Be Next?

in steem •  5 months ago

steem $6.png

Today we celebrate our highest price ever on Steem now at around $6 with a market capitalization record of $1,463,751,095 along with our first day ever trading over $100 million dollars within 24 hours! On Bittrex Steem is currently #6 out of the hundreds of cryptocurrencies traded in volume! Coincidentally, the price pumped about 24 hours after I turned on a huge wave of ads on Facebook ...

steem bittrex number 6.png

We are on our way to $10+ Steem price especially because every wave of excitement also pumps steemit.com which brings in more users which then gives us even more growth.

alexa steemit.com price.png

While some of us are quick to suggest the price will drop back down immediately, now is the best time ever to hold Steem power because of the ability to get an immediate return from voting bots. For example, in my post yesterday we saw how any of us can delegate 100+ Steem power and get daily payouts in SBD and Steem from my voting bot while also funding growth projects with @budgets. At an equivalent of 60% APR, this is an amazing return with some bots offering an even higher payout for delegators instead of funding growth projects!

As voting bots encourage the hording of Steem power the way masternodes have done on Dash, we are likely to see the Steem price consistently climb as the largest investors continue to double down on voting bots and new investors continue to buy in and delegate to start earning automatic daily payouts.

$10+ Steem


In my second post on Steem, I predicted at $10 Steem price in 10 months (seven and a half months ago) without knowing about Smart Media Tokens, linear rewards, or voting bots! Throwing these in we can have near certainty of a price climb to $10+ fairly soon and we have a very good shot at $100 Steem by the end of 2018 as everything snowballs into no one wanting to sell Steem and tons of buying interest.

There may be some downs as long time investors holding on for a return finally get to cash out. @dan just sent out about 200,000 Steem to @blocktrades and has 1,714,029.261 more Steem to potentially sell along with holding 323,848.522 Steem power for voting. If @dan was to power up and delegate his Steem power to a voting bot, he would get 2,500+ Steem/SBD equivalent back a day using my voting bot while funding that much in growth projects for Steem or even more than that using a different bot that gives everything back to delegators.

This huge payout for delegating to voting bots soon will mean that few holding Steem power will want to power down and instead will just want to cash out using bot payouts which will continue to lead to a higher and higher Steem price!

Thank You!


Our efforts on Steem over the last year and a half collectively are being rewarded heavily now with the SBD pump first and now the Steem pump. This may be the tip of the iceberg in terms of the total price increase and earnings to come. I am honored to be a part of this and thank you for celebrating these record breaking achievements for Steem today on the cryptocurrency markets!

Love,
Jerry Banfield

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  Trending

I first got into steem thanks to an add from you on Youtube.

I invested when steem was at 1$ and I am now posting daily jokes on steemit. This is all thanks to an add from you Jerry, I am really thankful.

Could you send a link to your new ad? Or just post it? I am curious to see it.

·

This is the newest ad that explains what Steem is.

Most of the budget is still being spent on the older ads from https://airtable.com/shrXuoYTnODWA0QG1. New posts soon will continue to report all the ads and spending again as older ones have done already!

·
·

good work

·
·

I watch from training day 1. very good to learn in order to move forward. I invest few $$ in steem.Thank you for promoting steem..

·

Really nice @marc99 I got in at the $1.00 and $1.50 marks as well! Wish I got more now haha but still happy! I post daily here as well! Following you and your posts!

Sincerely,
@joeparys

·
·

Great, nice to meet you! followed you as well.

·

I am also curious over here. Mr Banfield is definite a genuis and a master of the crypto world. I absolutely downloaded all the videos he created on steemit on youtube. He is a blessing to cryptocurrencies lovers of this generation.

·

Good for you,
You have invested at the right time! Good luck ahead

·

It's getting crazy last days, what are we going to do with so much money earned on Steem and other Crypto's :)))

·

can i send my you tube channel link???

$10! Then $10 Billion market cap :D

·

u will be billionaire :D

·
·

Hope not - that would be a nightmare!

Its really amazing.

Hmmm... I'll get to know more about this bots.

We also see a very good APR from bots on Golos, despite there are other economic model there.

I still remember your prediction of $10 per steem and now you have eyes on $100. Great.

Technically analysis indicating that steem will hit at least $15 in this breakout. Lets wait and grow together

I'm so excited. I invested in Steem because I believed in the Steemit community that backs it. There is so much value here and I can't wait to see what this next year brings.

7.5$

·

7.5 $ would be awesome, @chance777 <3

Yep, $10 will be the next target for sure. If the $10 can be a solid base, that would be great for Steem as assets typically stair-step up in a bull market.

The SMT is planned to be rolled out early this year, I'm curious to know which social media sites will adopt the monetization of their platform.

I speculate that this would give a nice bid for Steem since the SMT's are on the Steem blockchain.

$ 10 target is easy....
Next target is $ 20 to reach 1 % of facebook market cap !

Wow, this is awesome. Thanks to the system my steems are locked for 3 month. No bad trading decisions possible ;)

·

exactly what I was thinking ;)

Good work. Thanks also to all community members making this possible.

Now it's aproaching $10 easily

Jerry, you are a Steem-evangalist :)

·

This comment has received a 0.84 % upvote from @aksdwi thanks to: @jmehta.

Jerry, you are making a lot of people millionaires!! I'll send you a tip once Steem goes to $1000 ;)

Steem goes bro!

I think you deserve to continue. @jerrybanfield Good I was following you on Youtube. Is it possible to ask you how to become like you. Wait your answer eagerly

Steem is on the rise. Glad I took your advice from the August meet up and invested $1,000 @jerrybanfield I don't nearly have as much as you do BUT....it's way more than totally sitting on the sidelines and not acting. Great post. Thanks.

Hopefully not as low as Deeeeeez Nutsss!

good job :)

To answer the question posed in the title - $8 and beyond!

:D

It already hit 7USD so 10 is easy.

In this rate we will hit 10$ soon! The crypto market is doing great right now, and in my opinion we are not at the top yet. 2018 will be a great year for steem, steemit, and of course the whole crypto market. Anyways, great post Jerry! You are doing amazing!

·

SMT tokens and... booom to $20. I am sure.

I think this year we will reach top 20 in coinmarketcap!

I am sure it has the potential to mark the No. 3 -10 spot in the coinmarketcap.com ranking at some time.

Using @eSteem since Oct 17 still didn't know how to earn money. @jerrybanfield would you make another detailed tutorial video. We definitely need that.

I’m looking to buy when it dips!

To HODL SBD or to sell for STEEM. That is the question....

I am not celebrating until we get to at least $90.

This was a minor move on the long trail to much higher levels. 😁

·

haha, wow... dude got to set the bar high ! let's do it !! (-:

·

haha, sound is good

·

Dang $90 per coin count me in ill retire that year for sure!

·
·

Considering I have a $100 price on STEEM by the end of 2018, you might want to look at property in Florida or Arizona for your retirement.

·

you will get your aim soon,i pray for you...

Thanks Jerry, you make really good job here! And your projects are one of the best.

Yes it is an amazing celebration! Thank you @jerrybanfield for inspiring us all and sharing this amazing community with us!

Sincerely,
@joeparys

That was the best morning for everyone who woke up and take a look at the price of steem and whooooo! it was $6 , ATH.
The new year gifts starts coming here.Thanks jerry for sharing your analysis and informative post.

wow congrats on the high price of steem and i resteem your post

This will grow big like CNN with a totally new way of seeing things. Thanks Steemit. I have been searching for something less sneaky and manipulative than fucking facebook for years. Go steem go.

could be big. I still suck with this so far. but i see where it could lead. :)

$10 Steem would be amazing. The adoption of this currency is really fueling the growth of it. I am doing everything I can to grow my Steem holdings as I see this currency continuing to grow organically due to how it functions. Thank you for everything you do @jerrybanfield. Here is to $10 Steem!!!

More steem power would guarantee a more prosperous Steemit experience. Powering up now is a wise decision one can ever make

well, according to me, Steem will go to $1000 eventually. It's not hard. SMT are going to be a game changer. Plus more and more steem is being locked up in steem power by people who love to vlog/blog.
Steemit has created a revolution of biblical proportions. This thing is gonna explode. Thank God I got in early enough.

Rise in STEEM in just overnight clearly makes STEEM share even bigger in 2018. What's the biggest in history to the price of 5.93 USD. We wait for what happens the next few days. it is possible that the rise in STEEM value is much high.

We must consider that it will fluctuate in near future . Who knows if it is going back at normal values it had past days . Wondering if Keeps going upward not down.

for you to make it to a million is well deserved. When steem hits $10 you will be the first person I am thinking about. Good luck with your continue success in 2018 and beyond. Thanks.

please please please vote my post this month is very important for me to
I have to earn $10. this is a personal request from bottom of my heart

Yes, this an collective efforts of all who have really believed the worth of the Steemit Platform and invested their time using Steemit. Hoping for the more growth of Steemit Platform and all Steemians. Thanks for sharing.

Have a great day and stay blessed.

MAN steem in on a tear!!! this is crazy .. I think price will hit $6.50 correct, and then continue upward... the word is getting out about steemit which is only benefiting those that are already here .... cant wait to see what is in store for this amazing platform in 2018!!

steem is rising now and by next five month it can be $15

Good Golly Mrs. Molly ! Let's roll it up to the moon /// Keep things beautiful on Steemit, reach out to newbies, and be good all !! Peace

Wow @jerrybanfield great post. I am a very big fan of your works. Please upvote my introductory post. Am new here.
https://steemit.com/introduceyourself/@dotsanddash/introduction-a-view-from-my-perspective
Thanks

steem is now going up, @jerrybanfield please guide us more about steem dollar.
Best Regards
@uzair1214

thats great.
it now $10.
lets connect.
@qami

$25,000 ? haha nahhh one could hope but there are just to many Steem in circulation. Not only that but we also have a competing coin called SBD which im not sure why it still exists. I kind of believe like others we should just go to one coin but its most likely to late for that.

Indeed! It even reached to a 6.44$ yesterday, crazy pump, yet still minor to what it could get to.
I share your belief that it could easily get to 100$ by end of year, if not more ! :)

$5.94 and then $5.95...or $.5.92 then $5.91.

That was too easy! Next question.

awesome pou also do same for me thank youost dear keep it up i follow you and upvote you hope y

it is years off steem him become +20$ very easy

To the moon and beyond!

this post very nice..steemit is a great social network..thanks for sharing this post..

You got a 7.75% upvote from @upme requested by: @laurabanfield.
Send at least 1.5 SBD to @upme with a post link in the memo field to receive upvote next round.
To support our activity, please vote for my master @suggeelson, as a STEEM Witness

If steem get in touch more exchange markets its price can skyrocket to much ( 200 or +) it is really possible. We can see more like steemit social medias soon....

If the platform continuous to rise like this and a lot of members post quality content we can see 10$ in a month

I am confused and won't deny it..just keeping the faith..

I agree with your prediction: "I predicted at $10 Steem price in 10 months"

It hit about $7.34 USD and shows signs of a continued climb from its current price of $5.85 USD. As many analysts have projected, it's likely we will see Steem climb up around $17.50 USD this year and in all likelihood, beyond. :)
Steem on my friends! We're on the ground floor of internet history.

@jerrybanfield when you run Facebook ads what are you targeting? Are you merely running ads to get people to join or are you asking them to follow you? Do you get anything for bringing people to steemit or are you doing it to raise the value of the platform?

Thank you,
Spencer Coffman

Thanks so much Steemians and Steem! Made my New Year! Burned up some value in transaction fees being skittish about converting 290 in Steem to BTC in 4 transactions, but worked like a charm and fast. Thought maybe Steemians made a New Year resolution to Steam harder and it would fall in the short term like my New Year resolutions of wanting to get in shape and burning out in the gym day one and not going back right away :-) Sure it will go up some more though this year, but expect a little dip as people take some gains. Might be wrong... Social media is blowing up on Steem right now. Lovers praising Steem and haters who are missing the boat making claims that it has no value. Helped get a few skeptical people onboard today. Quick video demo of converting Steem to BTC with some of my music. Linked in Article I wrote this morning about Steem's price surge and the conversion process: https://www.linkedin.com/pulse/first-time-experience-cashing-out-steem-bitcoin-6-spike-moffett/?published=t

well i agree on it and u say right the steem price will on 10$ maybe in next month and also the 100$ in the end of 2018 bcz u say true that the many person want to hold it and wait for good price and this thing gain its price and when price gain this will more attractive and also this gain the price more and hope the end of 2018 it will go to 100$ @jerrybanfield

I am really curious about the timing of some of these jumps and drops. I know Steem is getting big in Korea as well and a whole slew of other countries. I wonder how much variance is caused by regional influences? Things seem to drop overnight often, but shot up late yesterday. I'm sure the holidays make things weird too.

the next price will be base on your upvote to my comment lol.. just kidding.. but it will be more than we can imagine. , I still remember your video posted in facebook saying steem will reach $10 last year. but sbd made it instead of steem. who knows what will happen next.

Hi congrats on the high price of steem
@jerrybanfield do you think steem will not down again? ????

Today had the same euphoric feeling, yes, yes, yes, i told you so, look here what the crypto currency Steem is doing. Today was a great day for Steem Especially because a lot of acquaintances and friends do not share my enthusiasm for Steemit.com and Steem. However, today when I wanted to show my colleagues the increasing value of my Steem Wallet. I noticed that the value of the wallet was not equal to the number Steem multiplied by it's value. Please could you explain to me what i'm missing!!!

This is the best platform and it’s so worth it! Cheers to a sucessful 2018🎉🎉

@jerrybanfield thats really valuable stuff thanks for sharing it

@jerrybanfield Remember the good old days of sub-$1 steem? This type of growth has scared some out of crypto, while encouraging others to get in.

Thanks for not making comparisons to Facebook/Twitter on marketcap, the world needs to know that Steemit (and the associated ecosystem) can stand on its own.

I love you Sir Jerry Banfield. You are a real inspiration to us all Steemians. Steem will definitely hit $10 and climb on like the Mount Everest. Your post is very true and you are a cryptocurrency genuis too. Rock on Boss. Nice post.

again, thank you for all of your hard work

really it's a amazing price

Steem has what it deserves.
This must go up even more since little by little people are realizing the potential that is hidden here.
Happy new year!

Thanks for the informative post. I started buying Steem in the summer, when I started getting into the crypto world. I learned about Steemit through reading about EOS. I truly think Steemit has the potential to outgrow Facebook and the likes over time, since the whole structure is very good in securing that the users have the right incentives. I will only add to my Steem holdings and “power them up” for maximum benefits. Really looking forward to be part of the community. Thanks.

Congratulations @jerrybanfield, this post is the fifth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 44 and the total pending payments to posts in these categories was $2899.23. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

i think steem coin future is lucky...i invest it ..

I totally agree that Steem will increase in price and i think it have the potential to pass $10. What really confuse me a lot is SBD... what do you think about it... it will grow as well togheter with Steem or it will go back to $1 as it's stated in the wallet section.
I will really appreciate your replay and i bet there are a lot of us asking them-self the same question!
Happy New Year and let's have a rock and roll year in the crypto world worth to remember!

Awesome!! I was wondering when we would see a price surge! Its gonna be crazy when it reaches another crazy all time high!

With the way things are going, the next stop - $10 - cannot be far away.

I'm new here. Need support. I subscribed to your excellent blog, please subscribe and you are on mine. Thank you!

Excellent thanks for sharing, I had not heard about you before, I see that you are a person who has good knowledge and have given good contributions to our community, I which share the same feeling of gratitude that you speak, I started in July 2017 and I am Beginning to see the first fruits, I know that I still have a long way to go. Sorry my bad english

Always enjoy your posts. I'm still wrapping my mind around the whole delegate process. Not clear on what it is or why to do it. Or how for that matter. But it sounds interesting...and profitable, so I need to dig deeper. Still new at all this!

@jerrybanfield thanks for introducing me to this community. This is my first day on steem blockchain. I do not know more about steem but i know with time my friend @polaleye50 will explain more. Thanks for spreading the good news, I will replicate that also to friends.

this is really important ,my dear @jerrybanfield,thanks for sharing with us.

steem is on high pump..thanks for your info sir..you always educate us on the current trends and future changes..they are really helpful to us..thanks alot :)

Am I too late to get my steem.. i have to wait on pay cheques 😭

It is helpful for me. thaks.

hello @jerrybanfield, i'm new here and I am inspired by you

Jerry! Thank you so much! You are awesome!
I am so a believer that this is only the beginning !! I even made a song about this for open mic. I have been here for only two months, but i do really see the value on this amazing platform! I have a YouTube channel with almost 8 thousands subs and sbout 35 thousand views a month!! I make about 12 dollars a month from it, while here on Steemit with only 350 subs i get so muchore that that.. not to mention tjat I learn stuff everyday day.. amd i get to Do what i like amd share it with the world!. On top of that i get paid real money! It is unbelievable how amazing this place is! And people like you make it even better!

Happy new years by the way!

Thanks Jerry. I just created my profile. Will need some tutoring on this :)

Hi Jerry, I bought 178 steem at $1.78 and now( jan 3) it is $7.40 . Thanks for posting about what Vice will do in near future.I am glad I found your YT vid

It will surely touch $20 mark in the coming 4-5 months.

That's awesome.