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RE: STEEM Dilution Rate - MUCH higher than you might think…

in #steemit • 8 years ago

i have a very small account but I have watched a $62,000.00 dollar SP account go down to $44,000.00.

I was thinking it was mainly because of the seven (7) day price reduction and average . I thought it would level off after the seven days, because the price was holding in a range. Now, if I am understanding correctly, what your saying is that this will basically continue to drop based on the dilution over the next year.

Sorry, I am a hard learner and there may be a few others....... Lol

8 years ago in #steemit by
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     8 years ago  

    Based on the extract from the White Paper on USD, not necessarily (Dollar fell 10% on 459% Dillution). If demand outstrips Dillution, the price could in fact rise...

    Lots of if's and but's ;)

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     8 years ago  

    Thanks ... Still attempting to understand the dilution. Thanks for your time and response. :)

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