You are viewing a single comment's thread from:

RE: Why is steemit not showing the correct market Value of steem?

in #steem7 years ago

The way I understand it is
The price is the general estimated average price over a long period
This is good - it gives the best general value for STEEM for that momnet because of the big fluctuations of cryptocurrencies
I think you will find that if the price has been rising for a long time and that is the general momentum, then you will see the price will be higher or 'right'