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RE: DAILY STEEM REPORT NOVEMBER, 9TH ( STEEM - 6.03% )
I expect steem to lose its value till new upcomming hardfork. In the day of hardfork a lot of things can happen, price can go in both directions very quickly.
I imagine after the hardfork will go up, inflation will be reduced so supply gets less....
I think a lot will depend on how many people will like to power down with this new accelerated speed. In theory amount of Steem which will hit market after PowerDown can increase 8 times.
True, but the most hit would be from the whales, and as ned,dan and smooth and maybe others has promised not to power down.....
question is... for how long :)
Steem right now!