Steem is highly likely going to be a disruptive idea which is going to change how content generation is looked upon forever. Steem values high qualitative content, does not make money via advertisements but via its blockchain and rewards quality content by transferring monetary benefits.
Steemit has already received a Global Alexa Rank of 1418 and a domain authority of 73 out of 100. Relative to the highest and the lowest ranking, Seemit seems to have a great ranking.
Since the number of Steem doubles each year there might be concerns regarding the loss of its value over time. A Steem will be half as much every year.
Thus, I dont think that the value of Steem is going to show huge rise in 2018.
But since there has been a significant guideline made to prevent the loss of its value. Every 3.32 years a 10:1 reserve split will occur which means that the number of Steem will go back to the initial year’s value after 3.32 years.
Hence, my prediction for Steem is:
- not high growths in short term. If you are an invester who wants to go short and make profits, Steem is definitely not for you.
- but definitely its a good long term investment, with the possibility of significant gains every 3 years.
- end of 2018, per coin: $4.5
- end of 2019, per coin:$6
- end of 2020, per coin:$7.5
What do you think of my predictions, agree or disagree? Looking forward to hear from you!