Steem will stable out once the big guys slow down, and the shitcoins die off. Too many people are pulling money out of Steemit to chase the next big gains. Once this all slows or comes to end, the future will be bright for Steem and Steemit. 💰
You are viewing a single comment's thread from:
yes, Steemit is still a get rich quick thing for many people. But the more members we´ll get the more demand will be there for Steem so that the price will rise for sure. The more valuable it gets the less likely it is that people dump it and the further up it goes :)Hey @tolkatore,
True indeed, but int he short-term, it is better for Steem to be low, so that we bore away all of the folks who just came on board to make a quick buck.
I think once we filter out those types, and the spammers and scammers, we are going to see some really great steady growth in the value of Steem, and then what you said will really apply.