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RE: #NewSteem Attitude | Just bought 20k Steem

in #newsteem5 years ago

yep, there is a counter-intuitive process that happens when you start drying up liquidity, and Steem has a lot of liquidity for this point in time. You'd think that more people powering up would cause everyone's upvote strength to diminish, but the drop in liquidity (if there's a demand) causes a rise in prices, which in turn bumps everyone's upvote value higher than before, despite the pool of steem power being larger. Right there with you, if there ever was a time for people to buy cheap steem, its now or never.