What Will the Price of Steem be at the End of January 2020?

in SteemLeo •  2 months ago  (edited)

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You know that you’re psychic. It’s time to prove it to the rest of us.

Post your prediction in the comment section below. The closest prediction will win the Steem/SBD liquid rewards from this post as well as a #steembasicincome unit and one PALcoin and one LEO token.

  • Predictions must be posted in a comment to this post by 11:59 p.m. Central Time on 7 January 2020. I think that’s 04:59 Universal Time on 8 January 2020. Meh, 11:59 p.m. Central.
  • Predictions must be in the form of U.S. Dollars per Steem. Okay kids, no more of this six digits after the decimal point stuff. Only predictions to the nearest penny.
  • The price as shown at 11:59 p.m. Central Time on 31 January on coingecko.com is what you’re aiming for. I am not eligible to post a prediction or win the contest. Also not eligible are my wife, my son, or my sister-in-law, all of whom have followed me down the rabbit hole and are now Steemians.
  • Optionally, but strongly encouraged, please also go out on a limb and guesstimate where the price of Steem will be a year from now. Two years from now. Five years from now.
  • In the event of a tie, the liquid rewards will be split among the people who tied.
  • Only humans may participate. No bots.
  • All contests need judges. I’m it for this one. No appeals to SCOTUS; my ruling is law.

There were 9 entrants in last month’s Steem price prediction contest.

Four months in a row, we’ve had a tie. This time, a three-way tie. @elbrava, @johnhtims, and @nutman each predicted 14¢, and were closest to December’s closing price.

They split the liquid rewards (4.897 Steem) and each received a #steembasicincome unit and one PALcoin and one LEO token:

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We had 14 predictions this month:

$4.20 - @dylanhobalart
$2.02 - @angryman
$2.00 - @doitvoluntarily
$0.23 - @ericvancewalton
$0.18 - @revo
$0.16 - @revisesociology
$0.15 - @chekohler
$0.15 - @iansart
$0.14 - @johnhtims
$0.14 - @metzli
$0.14 - @rollingthunder
$0.13 - @steem-venera
$0.12 - @dalz
$0.12 - @remlaps

B1A99EC8-FC31-45CE-B766-C88660FF0FFF.jpeg

The best prediction will receive the post’s 4.303 STEEM payout, a #steembasicincome unit, one PALcoin, and one LEO token.

End of Jan 2020 - 0.14
End of the year 2020 - 0.22


Posted via Steemleo | A Decentralized Community for Investors

13 центов. Это мой Прогноз. Извините,что пишу по Русски.

13.8


Posted via Steemleo | A Decentralized Community for Investors

Do you mean $13.80 or $0.14?

My expectations:

  1. People and businesses start using communities and SMTs
  2. Blockchain inflation continues to decline on schedule
  3. Non-profit services like @burnpost and @sbdpotato get increasingly better at burning tokens in order to tune inflation levels to match usage.
  4. Increasing main-stream acceptance of blockchain/cryptocurrency technologies

Those expectations lead me to believe that there's eventually going to be a breakout in Steem's price, but I don't have any reason to think it will happen by the end of January. Here are my guesses.

End of January $0.12
1 year - $0.48
2 year - $1.20
5 year - $12.00

BTW, I'm a big fan of the idea of using Steem as a sort-of prediction market. I think this is a vastly underutilized capability for the blockchain.

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$0.15

🎲🎲
2.00 USD😀 😀 😊

I'm going to go with $4.20!

Posted using Partiko Android

Thank you.

End of January? Guessing 14 cents again.

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The end of January 2020...??? Why, $2.020 of course...!!!!

I'll go with $0.16

End of Jan 2020 - 0.18
End of Year - 0.98

End of Jan 2020 - 0.15
End of the year 2020 - 0.42

Not brave enough to try and predict further than that

Jan 2020 - 0.12
Dec 2020 - 0.4

Happy New Year!

End of January 2020 - $.23
End of 2020 - $.58
End of 2021 - $1.47
End of 2022 - $9.00
End of 2025 - $17.00