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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis Update #17 "Go with the flow!" Aug 16, 2016

in #steem8 years ago

The platform would need significant numbers to join and much more trade volume for the price to rise. The 100% inflation seems a lot but it helps to dilute and spread the wealth of early adopters whether that is a good call or bad only time will tell. Whatever the value of the currency doesn't matter as long as it stabilises. What we could do with in or outside of Steem is a measurement of value that does not fluctuate like Celsius meters seconds.