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RE: How Long It Will Take To STEEM To Go To The Moon?

in #steem7 years ago

Wow, @dragosroua, You've got a point...

Last year, on January 1st, STEEM was trading at $0.16, or 16 cents. Right now it trades for $6. In one year, STEEM grew 37.5 times.

Now, for STEEM to go from $6 to $3,844, it will need to grow 640 times. Approximately.

Bear with me, please, I'm heading somewhere with these numbers, so if you feel dizzy, just take a breath, a sip of coffee and come back when you're not hyperventilating anymore.

Ok.

Suppose STEEM keeps the same appreciation pattern for this year. Meaning it will appreciate 37.5 times. That means that on January 1st 2019, it will trade for $225.

And if it keeps the same, pace, on January 1st 2020, it will trade for, wait for it, wait for it, breathe.... $8,437!

Nice post. Shared.

Steem On!