The only people who benefited from the steem inflation are people who bought around $ 0.1, a couple weeks ago and powered up ( by definition won't dump These users who perfectly timed the bottom and already want to sell their powered up steem are a tiny minority, they accumulated steem for only a short period of time anyway and powered up less than 3 weeks ago.
Steem that are awarded daily and instantly available to cash out from blogging represent a ridiculously low amount compared to what a whale can dump on the market.
I think you are trying to convince yourself that the price is going lower. I'm sorry but without the help of the whales it ain't gonna happen.
their incentive is they got the steem free from steem power inflation and blogging, it's free bitcoin
The only people who benefited from the steem inflation are people who bought around $ 0.1, a couple weeks ago and powered up ( by definition won't dump These users who perfectly timed the bottom and already want to sell their powered up steem are a tiny minority, they accumulated steem for only a short period of time anyway and powered up less than 3 weeks ago.
Steem that are awarded daily and instantly available to cash out from blogging represent a ridiculously low amount compared to what a whale can dump on the market.
I think you are trying to convince yourself that the price is going lower. I'm sorry but without the help of the whales it ain't gonna happen.
steem to 5 cents within 5 days :)