A historic chart is provided for perspective.
1 BTC now buys 40,000 STEEM
5 years ago in #steem by furion (70)
$1.84
- Past Payouts $1.84
- - Author $1.51
- - Curators $0.33
58 votes
- newhope: $0.72
- alexis555: $0.59
- furion: $0.16
- freeforever: $0.12
- ace108: $0.06
- guiltyparties: $0.04
- ajvest: $0.03
- sebastianjago: $0.02
- norbu: $0.02
- mammasitta: $0.01
- bobinson: $0.01
- dez1337: $0.01
- jimmco: $0.01
- tipu.curator: $0.01
- fooblic: $0.01
- kjartan: $0.00
- sneakgeekz: $0.00
- prameshtyagi: $0.00
- arcange: $0.00
- cwatch: $0.00
- and 38 more
This graph is too discouraging but I think I think we should see it differently. Steem bought by 1 BTC in 2016 have generated more more steem and atleast have doubled. So yes situation is not good but also not that bad
Thats a good point. Although the inflation rate is much lower now.
Why buy Steem?