You are viewing a single comment's thread from:

RE: Where Does Steem Fit In With the Numerous Altcoin Scams?

in #steemit8 years ago

Thank you for writing this. I've had similar concerns for some time related to the sustainability of the prices and, more importantly, the impact of the Steem Power Interest rate on the whale balances. I just ran some numbers this morning, and it looks like @ned is making $700k+ a week via interest. Is that sustainable? I'd love for you to add your critiques and comments here: https://steemit.com/economics/@lukestokes/ned-s-making-usd700k-every-week-is-the-steem-power-interest-rate-too-high