Why is steem prices going down?

in #steemit6 years ago (edited)

Although the future of the stem was very bright, although it was launched, but shortly after the price slowdown began to decline, the question is, if Steemit is such a great platform then how is the price going?

One explanation that comes to me is that the price changes reflect the supply and demand of a particular currency. When the price increases - there are more buyers than the seller, when it decreases - so many vendors are selling to the buyers, so there was no vendor since the platform was already in place before the stem. People can buy only stem, but without cash. So people invest "money in steam", money and time to create meaningful materials. These people are being paid for their content but they can not cash out the money.

Once steam is fully operational, Steem users pay their Steem Dollars in Steam cash, and then get a chance to bump or stum out their local currencies. That's why I think price has dropped since the launch. Some people do not really use steam because they are not taken from anywhere, so once they get steam in their hands, they trade it faster. Combine with the condition that you do not have any other motivation for investing in real life, and you will get a large amount of vendors that drive prices.

One of the main reasons is that the reason that Steem's my opinion is not fully collapsed after the launch is that the reason that your steam can not be traded simultaneously at all. Stem Power has a limit of 104 weeks, until you can make it fully invested, so it closes the value compilation and makes it more consistent.

Do you wants to add some points ? Please write me on comment box.

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