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RE: STEEM: Supply vs. Demand. Has anyone else noticed this?

in #steem7 years ago

"Now I know it's got a lot more to offer." Three things I love about STEEM/STEEMIT is TRANSPARENCY, TRANSPARENCY, TRANSPARENCY..!! Steemwhales.com is simply FANTASTIC because it allows you to see the "bigger accounts" in EXACTLY the same way as the tiny ones. I am always digging deep into second guessing what the bigger accounts are doing and what I wanted to share in this Blog is that their accumulation appears to be rolling over as DEMAND begins to outstrip their SUPPLY..!! Stephen

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@stephenkendal - there is so much to learn about the back end and I will be the first to admit I do not have a head for numbers and charts. I never did and a lot of your posts go over my head but I am trying! LOL

Maybe you can help shed light on some of my observations... With the influx of new people obviously the demand is going to be higher. But if we have a finite amount of STEEM created each day, this certainly increases it's perceived worth but doesn't it also push our rewards down in value because it's more widespread?

And I guess my biggest question is with SBD trading close to $1 again where its peg is intended to be, should we continue with 50/50 payouts or is it time to switch back to 100% power up? I don't well enough understand how that trend works. I do trust your thoughts on this and want the most "bang for my buck". :)

The best way to explain is (and forgive me for looking in your wallet) you have 9,761 STEEM (though in power). Now let's say if someone offered you $9,761 for your account would you sell? If not. $19,761? If not. $29,761? If not. $39,761. ...... that is the best way to explain it after stripping out all the nuts and bolts. Hope this helps. Stephen