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RE: Cryptocurrencies Market Overview - May 22, 2018
It is great to see that Steem is behaving like a salmon and swims against the flow :)
Any ideas of SBD will even be able to catch up, or will it slowly drop down to the initial idea of $1?
Considering the low supply of SBD it can go up to 50 dollars a coin. There is only 13 million circulating coins of SBD.
I do understand but daily new SBD is created. I do expect that Steem will always have more value than SBD. Don't forget that it is a debt from the ecosystem to the user and that it was originally meant to be capped at $1!
Yes daily new is being created. But 13 million is still nothing compared to the 300 million Steem coins that exist. So up to 50 dollars is still possible. We humans usually have plans for stuff but then people use it in other ways.
:)
I also noticed that their was a max supply for Steem. That it is the first time I did notice this. Strange, because it also thought that it was a never ending creation of Steem going on.
What will happen when the steem creation stops?
Thanks,
Peter
What will happen? Well that is 20 years at least so no need to worry about that for now. Abundance should be here by then. 😉