RE: We want transaction demand to be the basis for the price of Steem

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RE: We want transaction demand to be the basis for the price of Steem

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digitalfirehose (58)in #steemit • 7 years ago

I like your very simple explanation for the relationship between Steem price and earning Steem on Steemit. Thanks for sharing it. :)

7 years ago in #steemit by digitalfirehose (58)

$0.03

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tecnosgirl (66) 7 years ago (edited)

It is funny no matter how high sbd gets you get $1 for $1 in sbd payout but what ever Steem is trading at you get the value of that $ amount peg to the USD so the lower steem is trading for the more steem you get at payout. It can be confusing. @overkillcoin did an info graph trying to explain it.

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digitalfirehose (58) 7 years ago

Wow. That is a very cool find. I gotta read up on that later.

Thanks!

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