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RE: Why is the Price of Steem falling? Does it Matter?

in #steem-price8 years ago

What that means is buying 1000 STEEM a month ago got you more influence on the network than buying 1000 STEEM today. 1000 STEEM today will get you more VESTs than 1000 STEEM a month from now

You should really do a post on this! This is something I suspect 95% of Steemians are not aware of (myself included until I read this). I think if more people were aware of this, they would be buying Steem and powering up now, rather than waiting to try and buy in at the bottom.

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Thanks Tim, maybe I will. I'm looking for historical data on the change in the 1MV to STEEM conversion rate over time and I don't have it yet. I'll poke around though.