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RE: STEEM: Whales Are Losing Their Power....The System Is Not Broken...Report through 2/15/18

in #steem7 years ago

Even for those buying in, it gets more difficult as the price of STEEM moves higher. At $4.50, it takes $4500 to get 1,000 SP. I bought most of my stuff at between $.80 and $1.30....a big difference.

What happens when STEEM is $10 and it takes $10K to get 1,000 SP...or $20K or $50K...

We quickly are moving out of the realm of the average buyer to accumulate any SP...and people who are going to dump $100K into STEEM most likely arent posters but investors so they wouldnt be on here anyway.

As for the update, here is my post....

https://steemit.com/steem/@taskmaster4450/the-steem-blockchain-is-scaling-up-news-from-the-developers

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yes... that is my perspective as well- it is truly inaccessible for most. the early adopters are quite advantageous at this point! :) thanks for sharing the link. i'll go look now.