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RE: Don't be afraid of low Steem Prices . Look at the Chart! Upgrade Steempower makes sense when Steemprice is dropping.
Isn't it more important to watch the total market cap rather than the price of STEEM itself? The amount of steem will inflate 100% per year but 90% of it goes to holders of SP. This means the price of STEEM tokens will constantly be tanking, but your total holdings will only be diluted 10% per year as long as you have all your funds in SP. However what matters is that the total market cap of STEEM grows by at least 10% a year to break even if you are investing.
this would be matter if you Hold Steem.
i was talking about buying steem to power up.