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RE: Best Cryptocurrency to Invest in? Analyzing Steem from an Investment Point of View and Sharing The Multiple Profitable Opportunities Presented by Steem Blockchain

in #steem7 years ago

In my opinion, the Steem Power system helps lend some stability to price. Most large accounts are invested in SP for all the reasons posted here, meaning any dumping is somewhat controlled by being spread over several months. More importantly though, large stakeholders selling is actually what most of us want, and see as beneficial to the long term health of the platform. That divestiture is the main path toward broader and more equitable distribution.

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Ah... good point! The selling off by large stakeholders does have a silver lining: preventing them from becoming even more powerful and controlling (and thus making stock available to new investors). However is the insane rate at which they are generating and cashing out new rewards not bad for the system... i.e. just flooding the market with stock and ultimately pushing the price down?

The daily trading volume of STEEM and SBD is a lot higher than the new rewards that are being generated each day.

Ah! < insert lighbulb icon here > ;-)