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RE: The Impact of Price Feed Discount on the Market

in #steemit • 8 years ago

There is an equilibrium point where demand for Steem Dollars at $1.00 and the price of Steem meet.

8 years ago in #steemit by
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     8 years ago 

    That sounds great. Can you elaborate?

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       8 years ago 

      The market is looking for it. Let's see.

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       8 years ago 

      Is there anything that can done to slow the price decline or are we just going to let market forces dictate the price? Dilution was implying a 2% drop per week on average, yet we are falling something close to 12-15% per week...

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