Yeah, it's just a thing in the crypto world. In any market, really. You can't only see upward movement, but it sucks to see this much of a downward trend, even if I feel it was inflated to begin with.
You are viewing a single comment's thread from:
Yeah, it's just a thing in the crypto world. In any market, really. You can't only see upward movement, but it sucks to see this much of a downward trend, even if I feel it was inflated to begin with.
Maybe they could sell contextual ads like FB and Goog, accept STEEM as payment and redistribute the proceeds into the network. It would encourage people to hang on to STEEM and keep the minions interested. Also send traffic to the advertiser's posts.
I don't think the issue is the amount of Steem coming in, it's more a matter of getting people to stop selling it for Bitcoin. The only way to really prevent this will be fore more retailers to accept Steem as well as Bitcoin, then people wouldn't feel the immediate need to sell their Steem for Bitcoin simply to use it as money. It's just an issue of general adoption. Steem is still really young though, so it might be a bit.