I would expect people buying it without the intention of selling right away would have the best impact on the price, stability, and long term viability. The influx of liquidity caused by speculation would only benefit the market in the short term, as speculators trying to take profits add to pressure put on the price by bloggers trying to get paid for their work. It would help to inject some liquidity, but I don't think it's a long term solution.
You are viewing a single comment's thread from:
You are right. But the truth is that in our case that is a problem. The problem is that authors cannot get Steem Dollars on hands in bitcoins because of crazy spreads between Steem Dollars and Steem. Do you understand this?
I understand that aspect of it, yeah. I just think it's going to be a persistent problem that is going to require investment in the platform as opposed to simply speculation on the price.