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RE: Can we help influence the value of steem, is it possible. what do you think?
I wonder if setting up such price $0,20 people will be able to sell, because there always will be someone who will drop the price even outsider. If the Steemians will not be able to get rid the Steem for such price they will drop it too, especially if someone relies on Steem like on financial income.
Im joining this conversation 😃
Agreed, this is one of the use cases and should remain a use case for these. That's the point of it and how it's marketed, get rewarded for being a content creator, content creators also need to pay bills right? The beauty of social rewarding platforms like steemit and hive is seeing people in poor countries thrive because this use case changes lives.
Great point @xpilar, is it short term traders or investors betting on profit down the line, they will also pay themselves off the APR at least, investors will look for return on investment or there is no point in it right?
If you could pay yourself with the post reward or club50 and prize could thrive in such a way the platform will be a success. But how..
I think currently it is marketed as "do post and get paid" that is why people who do blog orientated in making some money from posting. The posting is producing steem and more we generate the less price will be, it is like ordinary Inflation, when too much banknotes printed the value will drop.
Yes, it is better if postpayout is SBD, as on hive it still pays HBD, prices need to drop below 0,6 for a haricut on HBD. This reduce sell pressure of steem.
The system on Steemit so programmed when the value of Steem and SBD falls the SBD debt ration is low as 10% then it will be no SBD issued
Ok ty
The simple answer is to burn more steem
I wish I had the details on that
yea me2
Yes, it can happen, but they get paid better if the price goes up