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RE: Recent quote from Ned, "There are two types of speculators - long run and short run."
I agree. I am hoping we see a much less inflationary version of Steem in the IMMEDIATE future... dropping 10% per day is unacceptable and threatening to bring the whole system down.
That, and we have to adjust the pay of witnesses... by a significant amount.
Hopefully those 2 things combined will help balance out the supply/demand problem.