Yesterday I was feeling a bit disappointed to see Steem fall to right around $0.37. I still remember the initial drop from $0.88 or so. At the time it seemed like we were on Easy Street and headed up.
Then the floor fell out.
We've been slowly climbing but every time we start to rise back up it seems like we take another step backwards.
Today we are trading at $0.41 on Binance.
Our position on Coinmarketcap is 44th place.
We could certainly stand to be a lot higher. I think our coin definitely belongs in the top 20 if not the top 10.
However, I'm certainly glad to be in the top 50 again. Falling out of the top 50 was just terrible.
There are a heck of a lot of good things happening in our world.
Not to mention the new @steemfiction group which publishes books on Amazon every quarter.
Like many of you, I still remember when we climbed up to $8.
At the time it seemed like there was no ceiling for cryptocurrency. I told people we were very likely to hit $20 or even $50 eventually. I was thinking about houses, and then I was thinking about mansions, and then I was thinking about islands.
Well.... that didn't happen.
I truly believe that Bitcoin will break $20,000 again within about a year.
This time the ceiling is going to be a lot higher and I believe the price of Steem really will be closer to $20.
Of course, once the train really gets going and the masses are involved.... who knows where it will stop.... if it stops at all.
I believe in Steem. It's good to see us rising up again. I know that one day we're going to break up and just keep going.