With Bitcoin recovering nicely, can STEEM move to $1?

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This is an interesting topic and I share my opinion about it. View the original post written by me on Musing.io. (Quora of Steem Blockchain)

Bitcoin and Steem are two different type of cryptocurrency, even though Bitcoin is known as gold of crypto. Growth in bitcoin affect growth in Altcoin based on past performance of Steem but that is not a compulsion increase in Bitcoin price increase in Altcoin price. If we look few months back, Bitcoin was dipping but Steem price was increasing.

Your expectation of Steem for $1 is not that much difficult, Value of Steem and its price depends upon its user. In current stage Steem is very stable because those who joined Steem because of get rich quickly are left the platform, now current user of Steem are real user of Steem and believe in the Steem platform and its future.

Steem have more value that bitcoin, with Bitcoin you can trade or use it in your daily life, but with Steem you can trade, use in real life by converting into other cryptocurrency, Steem has strong and huge community that add value to everyone who is using the platform. Poor people cannot buy Bitcoin but poor people in this world can earn Steem by adding value in the community.

Steem providing opportunity to all Rich and Poor, in poor countries people are using Steem platform as full-time job, somewhat we can say Steem is reducing the poverty by providing equal opportunity to all.

In Countries like India, Bangladesh and Pakistan people are taking Steem platform very seriously. India stand at 4th position on top Steem user country. Price of Steem is depend upon its user, just stick with Steem without any disappointment if you are not getting enough rewards on your post because making magic takes time.

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