The missing half of the Steem equation

With the price of Steem and the entire crypto market slowly and steadily climbing back into regions where fewer of us are thinking about jumping out the window, we all seem to forget about the other half of the equation that determine price and value.

The main thing people aren't talking about is VOLUME.

Without volume, we basically just have manipulation and a very hollow value. But if we see higher volumes AND higher prices, we know we are onto a good sustained winner.

As we can see above, for the 3 months that Steem, and basically the entire crypto market took a massive dump, the Volume was none existent. But now we are seeing volume return, the prices are returning.

Steady, constant volume is what we really need rather than a 1 day price spike.


So looking at the Total Market Cap chart, we can see that over April the volums have been slowly rising to about 60% of the volumes from where we were all flying.

So how can we build this volume?

If we all placed a buy order every single day on an exchange of our choice, even if it was just for $1, but EVERY day and we ALL did it, this would create demand.

What happens when we have demand?

With a spike in demand, especially in Crypto, we start having FOMO, then others rush in like the good little lemmings they are, then we start getting momentum, then traction then we get solid sustained price movements.

So get in there, show some brand loyalty, help spread the word to your friends and family and help increase the daily volume, and we'll be rewarded with higher prices in the long term.

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Interesting way of looking at it.

Without volume, we basically just have manipulation and a very hollow value.

But if what you’re saying to do isn’t creating hollow value, I don’t know what is.

😇.

oh its 100% hollow value. But FUD and FOMO seem to dictate price. Create FOMO and keep it going, then you have value built in.

Good information and good post, greetings from Venezuela!!!

You are talking about outside markets - not the internal marketplace, right? I think trying to be able to buy more things with crypto would be an even better way.

Hey, just wanted to let you know I gave you an upvote because I appreciate your content! =D See you around

Be advised @gohba.handcrafts

The comment from @greentomorrow is far from being sincere. It has been identified as being copy/pasted comment spam intended to trick their targets into upvoting them. Please, refrain from doing so. They have been reported to @steemcleaners as well as downvoted and we are giving people a heads-up until they are dealt with. Thank you!

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