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RE: Why is the Price of Steem falling? Does it Matter?
What that means is buying 1000 STEEM a month ago got you more influence on the network than buying 1000 STEEM today. 1000 STEEM today will get you more VESTs than 1000 STEEM a month from now
You should really do a post on this! This is something I suspect 95% of Steemians are not aware of (myself included until I read this). I think if more people were aware of this, they would be buying Steem and powering up now, rather than waiting to try and buy in at the bottom.
Thanks Tim, maybe I will. I'm looking for historical data on the change in the 1MV to STEEM conversion rate over time and I don't have it yet. I'll poke around though.