Steem Price Will Go Down - Heres Why

in #steem8 years ago (edited)

Steem Price - Will Drop as SteemIt Picks Up

As more users join steemit and create more content more free steem is created this means there is more steem in the market for sale.  Increase in total steem will reduce the price per steem soon people will get paid less for their content and wont be worth their time. Please correct me if am wrong. 

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You obviously haven't read the white paper.

Had a scan through just now cant seem to find the area where they get round this

If supply increases with demand, this shouldnt happen. Economics 101. But I see your point.