Steem/US Dollar (STEEM/USD) Price Charts for Sep 8th 2017
| The value of Steem for today is $1.29323954 . It has a current circulating supply of 241 Million coins and a total volume exchanged of $1,772,152.9 . Market Cap $311,064,597.4 |
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The economics behind STEEM is a bit hard to understand, but I like the concept, which is why I am here testing it out. The inflation introduced into the market and the power that a few whales hold to re-distribute that new money could have some undesirable consequences.
True, and we have seen some of that. But in the end the more stake you hold the more incentive you have to do what's best for the platform.
Over the last year we have seen a massive re-distribution of that stake as well..
There will always be big fish and little fish but i think Steemit has proven there is room for all of us. Welcome to Steemit !!
Thanks, I have already noticed caring more about the quality of my posts because of the incentive, which I find fascinating.
Good to let us know. Is this message worth 10$+ ?
Steemit seems to hold itself together quite ok after a rocky ride in terms of STEEM value the last few months. The users are committed, the network performs beautifully. Steem moving to a new ATH?
We'll see :)
I am bullish Steem.
The leaked KW Crypto Report mentions it with quite some nice gains for 2018, too.
Still I would love to see more and better improvements to the platform, like advanced post filtering etc.
Interesting, let's hope it's correct :)
Steemit in my view is a long term investment. A fluctuation in price does not rattle my confidence in the system, or in Steem.