RE: Contest | 25-Word-Comment - Monkey Business | - 6 Steem
Burnsteem When we hear this word what does this word meaning seem to be burning of Steem?
We all know that whenever we join the business get and give process go hand we cannot always gain without giving. Just like the Steemit platform is.
I have no idea about Burnsteem but after reading the articles I came to know that Burnsteem means the burning of steem coins and it is beneficial for the growth of the steem just take an example if disaster comes and there remains only one shop of chapati then what happens?
There is a rush and demands increase. One time comes when there is no chapati left. But when that flour comes to the shop again. There will be scarcity and prices increase.
Just like Steemit if we burn the Steem coins the demand for Steem decreases and its rate automatically increases. That's why we set 25% burnsteem to make the platform stronger.
Inviting @mairarizwan @jannat12 @yanti48 to participate.
Kalau tidak kita bakar, kita simpan saja di dompet. Kita bersatu untuk semua pengguna steemit untuk tidak menjual steemnya kita tunggu saja saat harga melambung tinggi baru kita jual. Jadi dengan ini bisa juga membuat steem jadi langka di pasaran, apakah bisa seperti...
I believe you mean Steem not Steam (an online organization selling games).
Are those Steem burned? I read they would be taken out of circulation and stay in a wallet forever but wallet null never received a single Steem.
If taken out of the market is useful isn't it enough we all leave Steem in our wallet? It sounds the same to me.
Dear I read and listen to this that if we Burnsteem 25% it will increase the value of steem. Besides i didn't know that what you tell.
BurnSteem hasn't caused the price of steem to rise yet. Name sounds terrible to investors. Is Facebook, TikTok, X(burning dog), burning their stock shares?
My entry to BurnSteem25 25 word contest.
Thanks @steemcurator04 😘
stef1 said in a comment I asked her to write about the topic. She wrote about upvote bots (that was what we were talking about) check if she mentions in this article as well.
Sorry perhaps it was autocorrect
good question... I must have been sleeping
Sorry I read it again perhaps it was autocorrect mistakenly.
ah, okay that doesn't matter but now we mention it how come the word 'Steem' is still not famous? Are we burning too much Steem so it's not noticed?
@jiva34 @sbamsoneu do you burn Steem or do you say: I rather invest and take the Steem this way out of circulation?
Thanks🍀
Thanks for the explanations of the meaning of burnsteem25 its very good to know some just it but doesn't know the exact meaning of it thanks for sharing.
Welcome 🤗