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RE: STEEM vs. BTC Analysis - Get Ready for the STEEM Tenthing (not Halving)!
So we're probably going to see a price spike soon and shouldn't fall for it ... anticipating even higher valuation going forward?
I'm no expert. But the value will increase, since the supply creation rate will go down. But, to contrast that, the next 3 months will likely have people exiting the doors, driving the price down. I think it's a slight price up, then down for 3 months or so, then back up after things settle and we cleaned up shop, with more changes to the platform as well.
I totally agree with this analysis and I was thinking the same. I am convinced that the STEEM price will go down for the next three months, which will coincide with the time needed by people who want to leave with their money to power down (and then leave).
But then, things should be better and we will be able to start on fresh grounds.
What you describe sounds like a lot of new crypto, I think. People exit when they think the time is right. The coin usually drops and stays down. A lot of them though, are coins created to be coins. The wildcard for Steem is all the development many don't have. You're right, there'll be forces pulling up, forces pulling down and hopefully the innovations will push back up when the dust clears IMO.