STEEM should also become a currency. In its current form, STEEM is very difficult to bootstrap as a currency.
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STEEM should also become a currency. In its current form, STEEM is very difficult to bootstrap as a currency.
Why should STEEM become a currency? What advantages will it have over SBD?
STEEM as a currency adds value to the ecosystem even if SBD becomes more effective.
I've heard this from many perspectives - same thing. Nobody wants to hold, even for commerce only, Steem. The promised inflation makes it a hot-potato only good for day-trading.
Its not even good for day trading.
Haha, puts anyone?
I don't know anything about the economics of all of this, but from my limited knowledge, I was under the impression that STEEM was basically a tool necessary to convert its short term value to long term vests. Which is why holding STEEM loses value, but powering up can actually gain interest. Am I wrong in this?
Women are fantastic with currency. Far superior than men in fact, the reason you see so many males as stockbrokers is for their career portfolios. Men are 90 to 95 % failures at making stockmarket profits. Females average 40 % as successful longer term stockbrokers. There are far fewer female stockbrokers and they are all out of sight taking money off the silly men ! ! !
That is not my opinion that is two separate written articles about stockbrokers . .
I would love to read those articles @crok :)
Unfortunately they are written in books in the bookstore. But to summarize, males are full of bluster and noise. Females tend to quieter and more in the background.
Males forget that losing money is bad and get hits of testosterone and lose money. Think about it, the real stock market does not print money, it must take profits off other speculators. Men consider they can just win more money if they make mistakes.
Females view money as safety and security, they take cash deadly seriously. Thus female traders tend to far more systematic at viewing all the data before placing their bets. Women tend to make far fewer trades but ' win ' 40 % of those gambles. Males tend to win 5 or 10 % over timed averages . . .
If you are not trading cryptocurrency maybe you should gamble five dollars : )
Just remember all the hints and tips and books and articles are designed to suck you in and make you lose money. Since i started my new trading strategy i have not lost once out of over 150 completed wins.
My winning average is 99% and you can easily learn it if you think and work out bets for yourself. never follow guesses and never follow advice : )
Consider if anyone truly knew how to make money they would make money for themselves and retire onto a yauct for life ! ! ! Anyone offering you tips or advice is out to hurt you ; )