You are viewing a single comment's thread from:

RE: ..........10 / 6 / 2016..................STEEMIT WEEKLY DATA REPORT................10 / 6 / 2016.............

in #steemit • 8 years ago

If you are an inactive user, your account will lose value over time..all else being equal. The system was designed this way.

8 years ago in #steemit by
$0.06
  • Past Payouts $0.06, 0.00 TRX
  • - Author $0.04, 0.00 TRX
  • - Curators $0.01, 0.00 TRX
6 votes
Reply 2
Sort:  
  • Trending
    • [-]
     8 years ago (edited)

    neoxian Thank you for your comment .

    If you are an inactive user, your account will lose value over time..all else being equal. The system was designed this way.

    But I have to disagree with you if the price of steem would remain unchanged anyone with Steem Power in their account would see their account increase in value .

    $0.04
    • Past Payouts $0.04, 0.00 TRX
    • - Author $0.04, 0.00 TRX
    • - Curators $0.01, 0.00 TRX
    1 vote
    Reply
    [-]
     8 years ago 

    "if the price of steem would remain unchanged"

    Yea.."if" that's the key point. Steem is inflationary and again, all else being equal, the price of Steem will tend to drift downwards. Having your steem locked into SteemPower, which does increase over time, will give you some protection from this inflation, but the protection is not complete. Let me quote the whitepaper (which I'm sure you've read) :

    "long-term holders are almost completely protected from the dilution used to fund growth."

    Note the word "almost". The protection is not 100% (usually) so again, if you are inactive, the default is to see your account lose value over time.