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RE: Fixing a Problem in the Economics of Steemit

in #steemit • 8 years ago (edited)

Steem's poor performance is due to the lock in period. The transition from the weak to strong hands that should have taken a week took about 9 months so the chart is not looking pretty.
Most of the steem is now in strong hands which is why the price is starting to go back up. It's also why there will be no crash.

8 years ago in #steemit by
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     8 years ago (edited)

    there is no hand stronger than the mechanics of steem power lock up for 13 weeks

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       8 years ago 

      This is only true for emotional traders like you, not long term holders.

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