You are viewing a single comment's thread from:

RE: Do people buy Steem? What is the "actual" value of Steem ?

in #steemit7 years ago

Thanks for your input.

What drives the price of cryptos up is the investments in real world money terms on the exchanges. If not many are buying Steem then it's price won't rise. I read an article awhile back where the author states why would you buy Steem when you can generate it for free by blogging. Which is true I suppose.

This site is a great platform and even if the price of Steem never went up it still rewards people where the likes of Facebook doesn't, so I'm not bashing Steemit because I love this site.

I'm just cautious of people investing heavily in actually buying Steem when there are no signs of it going up in value. I hope I am totally wrong.

"I think Steem will be a stable option" that is a very good point as it does seem to hover around the sam price consistently.

Thanks again for your comment.