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

in #steem7 years ago

Thanks for this I appreciate it. I think it is a combination of things. The new reward structure and the increase in number of Accounts. Let's keep it very simple. Let's say if there was 236,000,000 STEEM and 236,000 Accounts. That would be 1,000 STEEM per account. Now lets say that those 236,000 Accounts became 246,000 and no one wanted to sell their STEEM. I think this is what we are witnessing. On other words there are more holding on, then selling off.!! Stephen