You are viewing a single comment's thread from:

RE: I've been wanting to get an answer on this. What's to prevent someone from selling their votes? What if a whale sells their $100 vote for $50 of bitcoin on other forums?

in #steemit8 years ago

Thanks that helps clear things up a bit. Wish I had seen and read your post no idea how I missed that. I'd upvote that too if I could but it's already expired.

So let me ask you this, in terms of Steem price, do you see this as a positive or negative thing? Obviously people willing to pay bitcoin to buy steem on the market shows that there is demand. If demand is greater than supply in the markets then the price goes up.

But in this case, if more and more people are willing to pay whales for their and there is more demand of users paying whales for upvotes for their bitcoin then price should go up as well, but then there is really no way to gauge or track that right? So, I guess my question is would it have any effect or little effect on price at all because of how difficult it would be to see if this is happening at a grand scale .even now?

Coin Marketplace

STEEM 0.17
TRX 0.13
JST 0.027
BTC 58990.94
ETH 2670.56
USDT 1.00
SBD 2.44