You are viewing a single comment's thread from:
RE: The run on Steem, has it already begun?
The high interest rate, was to compensate for inflation. In the new system there'll be significantly less inflation and thus the need for interest as compensation is greatly reduced. You'll get much less interest, but your Steem won't be losing value like it did before.
I think this is a great change, and I've doubled my investment in Steem, because I think it will stop the endless drop in the value of Steem, and likely even make it go up again.
That summerizes it nicely. And I'm okay with it. While until the 29th I still see my SP grow rapidly.
It seems that already the price is picking up. Get it while it is still a fraction of what it could become, could trigger a boost the coming 10 days.
Hard to predict, we'll know in a few days.
Exactly what I think! Possibly the last chance to buy at these low prices.
{NL} Nederlandse handelsgeest? ;-)
When you look at the internal market the up trend is close to crossing 0.14 at any moment now. While America did not wake up yet. Once they start buying...
Exciting times ahead!