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RE: Steem Debates: Will The Price Ever Rise Again?

in #steemdebates6 years ago

1.2 million Steem each day? Where are you pulling that number from? The inflation is around 9.5% per year, and a bit more with SBD conversions.

I'm pulling that number from the original figures, although Brian has told me I'm wrong, which I accept.

I don’t ever recall a pre-bot period on Steem in my 3 years here.

Your memory doesn't serve you well, there were no bots for the first few months..

I actually think Steem is healthier than it’s ever been,

I can't see how that is the case, the price is not exactly an all time low, but it's not really setting the world on fire. Plus of course Steemit's daily usage figures are pretty poor.

We'll see I guess.

Cg

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O sorry forgot to respond to your comment.

Brian is right with the inflation. A hardfork more than 2 years ago changed these figures.

I came on to Steem shortly after the July 4 event in 2016. When I arrived there were already bots. I didn’t realize there was a time before that without bots.

Steem is healthier than it’s ever been because:

  • all the dapps being built - Steem Monsters, Steem Hunt, Partiko, Three Speak etc
  • Steemit Inc with @elipowell has finally got their act together and cut expenses dramatically and receiving a revenue now, which will hopefully lead to the scheduled programatic selling of Steem on the markets.
  • SCOT, Steem Engine and all the new token economies being built
  • Communities and SMTs coming soon.

So yeah, compared to three years ago, it’s a much healthier environment.