P.S. I think the pre-mine dump by whales is too excessive. Newbies are coming online to EARN Steem, not BUY it, so the price continues to fall. Basic economics: supply is currently outstripping demand.
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P.S. I think the pre-mine dump by whales is too excessive. Newbies are coming online to EARN Steem, not BUY it, so the price continues to fall. Basic economics: supply is currently outstripping demand.
Agreed but in the long run the sell off evens the playing field some. Demand should eventually catch up unless things crater in the near-term.
Levels your devils alright - weak demand may be a problem - there are some HARD marketing miles ahead for someone on the team.
...that sounds like a good post for tomorrow!!