Hello Fellow steemeans. I just thought about steem price performance in the last one month and I must say it has not been impresive but something is about to happen.
Steem is going to moon soon!!! Ask me why? It is simple prediction isn't it? Well it may not be that simple; it depends on how you see it. My prediction is based on the positive news that has been coming from the steem development team of recent. It is clear to everyone now that these guys have been working underground without making noise.
Unfortunately, the crypto-market only reacts to news they see or hear. This is why it appeared as though people where dumping steem at a time. Many of those will regret in a very short while from now.
From my recent personal analysis, steem is only next to Ethereum and Neo at the moment in terms of value proposition. Ethereum and Neo are what they are today because of apps that people are building on them. Same way, people are building apps on steem blockchain.
Think of eSteem, Dtube, chainbb, Zappl and many more apps that are actively being developed by people on steem blockchain. These apps will eventually attract different users who will end up in steem blockchain. Many of these users are going to invest on steem overtime. Purchasing steem and powering up will eventually reduce the number of steem in circulation and drive up price.
It is good to position now before it happens. Time to buy some steem guys if you are a trader for the purpose of trading or buy steem to power up and make some coins blogging if you are a blogger.
Happy steeming....
