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RE: Steem: Having A Dolphin-Fest
It will be difficult for steem to appreciate with 24% inflation. Hope something is done sooner than later
It will be difficult for steem to appreciate with 24% inflation. Hope something is done sooner than later
Why 24%?
Here is my post that is where i computed https://steemit.com/actnearn/@prameshtyagi/steem-inflation-profile-explains-its-price-performance
Why did you say STEEM inflation was 4,88% in March 2018? How do you calculate this inflation?
Pls take the data from cmc. Compute supply by dividing market cap with price. Then do computations for 1 year percent change and that is your inflation.
The problem when involving cmc and the price of STEEM there is that you automatically report it to another currency. Which might not be what everyone is doing and is only marked price depreciation for those who choose to withdraw to fiat or bitcoin right now.
Otherwise, one might calculate inflation in the Euro Zone compared to Euro's swings relative to USD.
It's true, to really not be concerned about STEEM price drop, a developed economy on Steem would be needed.
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