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RE: Bitcoin price stability means increased market cap, how the market values Steemit, will there be another Ethereum hard fork?
only 10% of steem is on the market, 90% in steem power, so as long as steemit.com is alive and well, then steem can never crash, it's that simple
Also the STEEM being mined goes directly into VESTS which are converted into STEEM at the same rate as SP when it is powered down. So mining supply can't really affect the price much either.
"Never" is a strong word. Speculators could try to manipulate the Steem market on exchanges and it would not matter what was going on with Steemit. As time goes on this may be harder to accomplish, but it is definitely something that is possible.