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RE: Daily Steem Stats Report - August 11, 2017
Everything looks really good except for the amount of Steem going to the exchanges and wide disparity of power downs vs power ups. I don't think Steem Power is valued as high as it should be or is maybe misunderstood a bit. Steem is a currency with multiple income streams. I just view it as being on sale right now. Great job as always putting this together!
It has a lot of problems. I don't expect to make much here. Other cryptos can give much better returns
Oportunity to buy low in 2 or 3 day if price still go down.
ok, I'l wait 3 more days to buy more then
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And what do you think about the more people powering down, than up? do you think this could become an issue for the future if it keeps this way?
Great question. I think the people who really understand the multi-faceted income that Steem Power gives you will continue to hold their Steem there. Crypto is an incredibly volatile market and a lot of folks are chasing short term gains, but for those who are holding for the long term, they'll keep acquiring more Steem Power. Eventually the balance of power will sort it's self out.
Agreed @orionschariot, although to be fair I think it's VERY confusing for someone getting started. Three different kinds of Steem, all to be used in different ways isn't exactly newbie friendly IMHO. It is what it is though, hopefully it will all continue to grow and become a more understood concept as more folks get on board.
I personally like putting everything into Steem Power, I mean if we plan on being here long term we might as well, right?! :)