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RE: Do you want to see $100 STEEM?

in #steemit7 years ago

Inflation is a big reason for low price. Exchange wise, steem is listed on binance which is as big as it gets. SBD should be always near a $, thats the whole purpose of that currency.

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I have a blog that I plan to post in the near future that goes against that thinking. The actual liquid supply has been going down despite the rate of currency creation. As more people invest into the various platforms, the supply can be diminished and locked away in SP creating a shortage.

The rate of growth will far exceed the rate of currency creation.