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RE: STEEM Price at Extremely Attractive Low Price Should Bring in New Investors

in #steemit8 years ago

it's not that simple, there's also a lot more steem in circulation than there was months ago (steem is inflationary, 200% for the first year and 100% following years). we getting close to buying time but there's still some way to fall.

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Fair enough. Didn't realize that.

I Agree with your point. At steem's inflation rate, it is hard to keep a bullish view on price.