There is not a lot of liquid steem and people want liquid steem so prices go up! I think its gonna go above the 1 dollar mark pretty sure actually and maybe even beyond that when we get to poloniex!
I get that the demand is pretty high now but is this really sustainable?
I am not sure I fully understand but once people can turn the next bunch of rewards into steem wont it dip hard?
A lot of people definitely want a place, or a social media platform where they can plant their flag, sit down, kick their feet up and be themselves... Did I mention that you get paid!! The more people that comes and makes themselves at home, the more steem power that they will be helping create.. Stick around. We are not going anywhere for awhile.
ONE SMALL STEP FOR MAN, ONE GIANT STEP FOR MANKIND!
There is not a lot of liquid steem and people want liquid steem so prices go up! I think its gonna go above the 1 dollar mark pretty sure actually and maybe even beyond that when we get to poloniex!
I get that the demand is pretty high now but is this really sustainable?
I am not sure I fully understand but once people can turn the next bunch of rewards into steem wont it dip hard?
Maybe I misunderstood what you are trying to say about the rewards but they are being paid constantly/daily after the 4th of July.
[Edit]
Maybe you are talking about the weekly power downs, in this case, maybe.
I am not even sure how it works but you get steem dollars and steem power and it takes time to turn that into STEEM? right
Yes, you can only convert about 1% of your total steempower to steem per week.
My impression is that compared to other cryptos steem is much harder to drop/crash in value and easier to rise.
Look at that we just hit 1 $ wow not stopping
A lot of people definitely want a place, or a social media platform where they can plant their flag, sit down, kick their feet up and be themselves... Did I mention that you get paid!! The more people that comes and makes themselves at home, the more steem power that they will be helping create.. Stick around. We are not going anywhere for awhile.
ONE SMALL STEP FOR MAN, ONE GIANT STEP FOR MANKIND!
Well, people are actually getting paid to do the things they would have done for free. I see great potential here!
The engine is just being fueled and we are headed to Mars.
Enjoy the ride. :)
Upvoted you