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RE: Why I have more Steem Power than Money in my Bank + 100 Followers Milestone Giveaway Soon💰🎁

in #money7 years ago

It seems like you're all in steem.
Contrary to what most people say on steemit, I don't think that the price of steem will significantly rise because there are too many minnows/smaller accounts that are constantly cashing out buy selling their SBD or STEEM. I would love to be proven wrong in the future because I myself, have quite a bit of steem and steem power.

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I hope it does increase, I think people will start seeing the value of Steem and the platform grows rapidly and increases the price of Steem.

I agree with you. I think our best hope is widespread western adoption. Right now steem gets constantly sold because:

  • Whales have too much, and may as well cash out for bitcoin
  • Steems popular in low income countries, where $1 is a lot of money.

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