I wonder why many Steemians believe the price of Steem will rise on the 12th month?
I believe that Steem will rise within the next 12 months ( make it 6 months ) because of these profound reasons :-
1. Its not just a cryptocurrency ! In fact STEEM is all about content and communities. Its really the first freemium cryptocurrency out there that keeps growing as the size of the community grows. Like any social media systems out there, there would be a certain point of time where it would hit critical mass. Thats when an influx of users will come onto the platform and not only it would raise the price of steem it would also grow the size communities
2. SMT is coming ! This will push for mass adoption and you would see various publications coming onboard to compensate the ever competitive advertising markets. With SMT in place, it finally gives publications to actually reward their readers and users. This is what scalability it would provide for the Steem blockchain.
3. It will matter ! I've done many events targeting toward women entreprenuers, artists , singers & songwriters and also cartoon artists. All of them found STEEM to be a great source of not only alternative incomes however it also provides them with a great channel to showcase their work, talk about their music or even showoff their latest recipe.
So .. totally based on NON Technical aspect of trading cryptocurrency, overall its the believe system which will push for mass adoption therefore will raise the price and the demand of STEEM. Have a great day ahead.