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RE: STEEM is a Highly Undervalued Cryptocurrency

in #steemit7 years ago

I love steem but its hard to say exactly what its value is or should be as there is a pool of steem from this platform that is created and given out to curators there by watering down what the value of steem could truly be, but with that said i still think its a great long term investments and i believe that it will be able to stand the test of time. it will definitely also increase its value in future as more people use and learn about it.

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Other cryptocurrencies reward miners the exact same way. All currencies inflate the "pool" of money, it's just a matter of determining who benefits from the inflation.

I just checked the maximum number of steem and it's 263 million, we are at 246 million in supply. I believe that the value will really run up fast after we arrive at the maximum supply. I predict that will happen some time next year. My question is how will curators be rewarded if there are no more steem coins left to mine?

I didn't know there was a maximum supply. Now I'm curious too.