Isn't it the reason why steem keeps going down in value?
Since people sell their steem dollars at such a low value and don't hold the currency
I don't know much about economics you can correct me if I'm wrong
Well first I guess you have to decide if you are talking about Steem or the Steem Dollar.... SBD should normally be worth always 1 U$..... If you talk about Steem, people should Power up and less Steem would be on the market, price will go up....
Isn't it the reason why steem keeps going down in value?
Since people sell their steem dollars at such a low value and don't hold the currency
I don't know much about economics you can correct me if I'm wrong
Well first I guess you have to decide if you are talking about Steem or the Steem Dollar.... SBD should normally be worth always 1 U$..... If you talk about Steem, people should Power up and less Steem would be on the market, price will go up....
This is right SBD goes down to 1,00$ and Steem up if all selling SBD and buy Steem!