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RE: DAILY STEEM REPORT JUNE, 24TH ★ STEEM 2.21$ + 3199 New Accounts

in #steemit7 years ago

The amount of Steem will be always the same everyday, so true if more users come in, everyone gets less, BUT if the price per Steem goes up, you will get more $ for it. It's a bit similar to Bitcoin mining, the difficulty rate goes up, but the price too, so at the end you still will have your cut in $.

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It makes sense. Thanks for the explanation.

you are welcome :)