No problem. When you are ready. The #promomanchester flyers have been an amazing success. I have spoken to +100's of people about STEEMIT and they are simply blown away. Stephen
That's the easy bit. When more money comes in than goes out the chances are the price goes up. When more money goes out than comes in then the chances are that it goes down. Think of it this way. Today the price of STEEM is say $1. Every day for the next year $100m A DAY wants to buy STEEM but at the same time NOT ONE SINGLE PERSON wants to power down and sell their STEEM. What would the price be in a year. It certainly WON'T BE $1..!! As for the rewards it is simple. It's a share of the difference +/-..!! Hope that helps. Stephen
AWESOME..!! Thank you. I appreciate that. Stephen
You're welcome..am still travelling so i'll check that flyer when am back in London :)
No problem. When you are ready. The #promomanchester flyers have been an amazing success. I have spoken to +100's of people about STEEMIT and they are simply blown away. Stephen
I still cant explain where the money comes from..i get stuck there alwayd :)
That's the easy bit. When more money comes in than goes out the chances are the price goes up. When more money goes out than comes in then the chances are that it goes down. Think of it this way. Today the price of STEEM is say $1. Every day for the next year $100m A DAY wants to buy STEEM but at the same time NOT ONE SINGLE PERSON wants to power down and sell their STEEM. What would the price be in a year. It certainly WON'T BE $1..!! As for the rewards it is simple. It's a share of the difference +/-..!! Hope that helps. Stephen
They are wondering where the payouts are coming from :)
I hope this helps explain things. I have taken you comment and made a quick blog about it. Stephen
https://steemit.com/steemit/@stephenkendal/steem-steemit-where-does-the-money-come-from
Thanks Stephen..it's brilliant :)