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RE: The Price of Steem Will Always Go Down... It's Supposed To : The Magic of Steem Power

in #steem8 years ago

Good post, this deflation is needed to be able to pay the value creators for their work. I think now in an early stadium of this platform 100% gain in market cap / value should be easy to reach, a multiply of this is realistic I think.

So for early investors it might be still a really profitable long term investment. But when the platform gets more mature and will enter the last stadium of adoption. There is almost no expansion in value anymore and then this 100% will be almost impossible to reach.

Since the deflation is covered by interest when holding SP, it will then only be profitable to hold Steem in the form of SP and use it on the platform. This is exactly where it is created for right?

So when the big gain in adoption is over, you have to keep al your Steem in SP and the rest cash out or use to power up. Then the value of SP will grow / lower together with the value of the platform and give you the power to earn more / have more influence, and the long term value doen't matter if you cash out, so it is quiet a perfect system.

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thanks for even more explanation.

dude ur fucking tripping? its inflation not deflation.. personaally i think steemit is a bit ponzi.. money locked up so there is no big cash out before inflation.. then what happens when the cap is doubled people are going to sell off , dropping the price dramaticly

Thanks explanation.