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RE: Not worth my time nor money

in #steem6 years ago

All in all, it seems like the whole market meltdown is a great sorting mechanism of those who are short term thinkers from those who are long term thinkers.

PROVIDED the underlying fundamentals of the Steem blockchain remain sound, then the long-term thinkers would see earning Steem at ANY price as a good deal. According to @penguinpablo's stats posts, the "number of daily accounts transacting" has dropped through 45,000 so that's who's sharing in the rewards pool. If I understand how the system works, that means fewer people sharing a constant amount of Steem. And a decline from 80,000 to 79,000 would have a smaller effect on each individual's share than a decline from 45,000 to 44,000; that's just simple math.

=^..^=

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Yep, that is pretty much how it works and when it comes to 'real people' there are even fewer out there.

then the long-term thinkers would see earning Steem at ANY price as a good deal.

I know someone who believes, it is always a good time to buy Steem and he has put his money where his mouth is often enough.

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