If I search for “Steem price prediction”, the first result shows me a link to walletinvestor. Since google shows personalized search results, others might not see that link as the first search result. The link leads to a page that claims:

Historical index for the Steem price prediction: B+ “Should I invest in Steem CryptoCurrency?” “Should I buy STEEM today?” According to our Forecast System, STEEM is a bad long-term (1-year) investment*.

Seems a little legit though this page seems like it is auto generated. Then, it shows a chart that shows a prediction of Steem price. The one year predicted price is shown as 0.000001 USD. In other words, this website is claiming that Steem will go bankrupt in the next 12 months. To me, that sounds like bullshit.

Steem sure has a lot of problems, but it isn’t going bankrupt anytime soon. The problems Steem had are getting fixed with some major updates that are being worked on by main developers of Steem.

Other than that, there are 10s of DApps being built on top of Steem. The Steemit.com interface of Steem is the most popular among them. It is one of the top 5000 websites in the world.

It is valued at millions of dollars. I don’t have any accurate estimate of Steemit.com’s worth but I will link to some that are based on projections. Worthofweb estimates that Steemit.com is worth 61 million dollars.

Another estimate by Webuka also values Steemit.com in the millions.

Of course these examples from auto generated worth calculators are not accurate. But I highlighted them because the site that claims Steem will be bankrupt in the next year is also making auto generated estimates. I have no idea why this search result is at the top of Google.

It’s hard to value Steem’s worth but it definitely isn’t going to go to 0.000001 as long as DApps keep on running on top of it. Steem didn’t die after going from 4 dollars to 7 cents. It won’t die after dumping from 6 dollars to 20 cents.


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