STEEM = $2.12. Market Capital = $497,467,562. BTC = $2,628.21. STEEM=0.00080552 BTC. Remains STRONG BULLISH & UNDERVALUED. Target $4.70..!!

in #steem7 years ago

STEEM - TARGET $4.70


MARKET CAPITAL

STEEM = $2.12.

Market Capital = $497,467,562.

BTC = $2,628.21.

STEEM = 0.00080552 BTC.

CONTINUED GROWTH

There is absolutely no question that the recent explosive growth which has been witnessed both in STEEMIT and on the STEEM BLOCKCHAIN is showing no signs of slowing down..!!

As the STEEMIT Community explodes with New Users registering at an unprecedented pace not seen since its creation in March of 2016 this explosive growth in the Community is mirrored in the STAGGERING Number of Transactions recorded on the STEEM BLOCKCHAIN.

TECHNICAL ANALYSIS

dMAmapping⇗⇗⇗⇗⇗⇗

Remains.... STRONG BULLISH and STRONG UNDERVALUED.

TARGET PRICE

Year End Market Capital = +$1.1 billion.

Year End Target Price of STEEM = +$4.70..!!


Thanks again for reading.

Stephen

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Shared on twitter. Stephen

Thanks for the update @stephenkendal. I just followed you on Twitter as well.👌

Nice man, I do enjoy your write ups, keep up the good stuff and steem on Stephen. Also are you still holding at 600k registered by the end of the year?

Thank you. I appreciate the support. At the moment I have a Year End Market Capital Target of $1.1 billion and a User Account Registration of 600,000. However as things are moving so fast, 6 months is a very very very long time and if the last 8 weeks is to be repeated throughout the whole of the second half, as the saying goes from a famous film ....."I think we're gonna need a bigger boat..!!" Stephen

Lolz we can build it!

followed/upvoted...I'm with you on that price target. I think it'll move with BTC whatever that does, and it's gone up so much, I wouldn't be surprised if it hovered around this price to $3 for a bit...but in the long run, like 3 years I think we'll see 10-20!

What you say doesn't sound unreasonable, maybe a bit light, but not unreasonable. What happens in the next 6 months will give us a good idea what most will likely happen in 2018, 2019 and 2020. Stephen

A lot is going in cryptocurrency space right now ... steem has a bright future ahead of it since it can leverage on the power of network effects of social media ... more and more people are gonna join with time ... also with time the platform will go through phases of refinement .. so I agree with your predictions .. and you never know ... may be the price will hike to 10s of USDs per unit.

Wowzers, 4.70 would be great by years end. I truly hope that we can go there or even higher by years end. If we make it there who knows what the limit is. My gut feeling says it will but maybe because my emotions are vested here!

If steem is growing that quicly i can see steemit figth facebook as a king of social network's in next 5 years. If that happens steemit currency will grow at the same level as etherum or bitcoin as more users and trading will increase the value of the currency!!! Keep us upate!!😉

Always enjoy your analysis. Saves my lazy ass from doing my own. Ha ha.

Call me overly optimistic, but we'll be WAY PAST $4.70 by the end of the year. Maybe by the end of next month.

Bitshares ist the best Proyect.

Sounds good 😎👍

Very helpful post. Thank you for that!
Please check out my last post :)

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