It is true that if supply is greater than demand the price will drop. That is the case with all economics.
As a pure crypto investment $steem may not be the best investment but if you use the platform it becomes a great investment.
This community does have the potential to go to the moon. It is largely dependent upon us as we influence the future of this community. A lot of it also has to do with the dev team.
As long as this site is functional and enjoyable as a social media site the crypto value will naturally increase in value.
There is GRET potential for increase in the value of steem even despite the inflation simply because the $teem crypto is based upon a platform that actually has real value rather than just a coin like many of the cryptos.
It also has the potential to scale so could potentially be an actually useable coin for commerce!
Great post. Glad to see you being so successful!
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Very good comment indeed, I agree hence why I indicated that steemit is the game changer and am sure that we will get to millions of users by fall next year after which we will see huge increase in price ...am suggesting 1K USD in 3 to 5 years time and you my bud will be a billionare -dont forget to come for a cold beer and bradwurst .
Yea!!!!!!!!!!
Looking forward to the great celebrations!
Amen...however we have to enjoy the cheap price now and get some more
I agree!
Now is the time, thats why I do 100% power up every time, cause its even better than buying more!
Good point