You are viewing a single comment's thread from:

RE: The Push and Pull Effect of Steem Power Incentives - Why the % of Steem held in Steem Power will tend to 90%

in #steem-help8 years ago

The market is ruled by greed and fear. It's brutal and naked. You cannot control it by promoting idealistic stategies. People want STEEM to profit. There are buyers, there are sellers and they create the price. It's going down so there are more sellers. The supply of STEEM is bigger than demand. It's a fact. Why? First of all, STEEM is "printed" faster than other popular coins. It does matter. Scarcity is one of the ​key features of Bitcoin. ​

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 59895.89
ETH 2419.31
USDT 1.00
SBD 2.44