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RE: Excess Supply : Killer of Steem , EOS, Bitshares and other top crypto currencies ?

in #crypto-news7 years ago

Good point as in the case with great coins with excessive supply. However I am sure that steem price will spike up when we get massive (millions) of sign up in steemit leading to excessive demand of steem power, however it will take some time. So we will keep enjoying the cheap price now and continue powering up gradually. When all goes well in few years time and steem reaches 1K + @papa-pepper and tribe will be the richest family in the south. Thanks for your comment.