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RE: Liquid STEEM Report Oct 16, 2018

in #steemit6 years ago

Quite interesting, but how can the STEEM price increase with a supply level of 8.71% PA unless the platforms built upon the blockchain increase in popularity?

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Either 3 things can happen.

  1. bitcoin goes on a bull trend and takes altcoins with it
  2. Steemit popularity grows and outpaces bitcoin's market dominance.
  3. big investors (businesses corporations) buy up the supply