That's not really the point though. The point is to buy it when it's good value. Buying Steem when it was over $2 a year ago would have been (and was, I bought some) suboptimal. I think buying EOS now is expecting to lose money: it's value will almost certainly drop because the supply will be 4.3x what it is, and other coins (like BTC) will rise, so by waiting you would be able to buy a lot more for less later! I don't know exactly when the best time to buy will be, but I'd guess the EOS/BTC price drops in the next 8 months and will feel pretty good about buying then.
Besides, it's not even true (on a medium scale, early on in Steem there was rapid inflation but we werent around then). Steem's supply was ~45% of what it is now a year ago when the price started skyrocketing, and people who have tokens received interest to reduce the sting of inflation. EOS is 23% of what it will be in a year, and people aren't receiving interest on the tokens.
That's not really the point though. The point is to buy it when it's good value. Buying Steem when it was over $2 a year ago would have been (and was, I bought some) suboptimal. I think buying EOS now is expecting to lose money: it's value will almost certainly drop because the supply will be 4.3x what it is, and other coins (like BTC) will rise, so by waiting you would be able to buy a lot more for less later! I don't know exactly when the best time to buy will be, but I'd guess the EOS/BTC price drops in the next 8 months and will feel pretty good about buying then.
Besides, it's not even true (on a medium scale, early on in Steem there was rapid inflation but we werent around then). Steem's supply was ~45% of what it is now a year ago when the price started skyrocketing, and people who have tokens received interest to reduce the sting of inflation. EOS is 23% of what it will be in a year, and people aren't receiving interest on the tokens.
2 Million new EOS enter the market everyday, it takes a lot to sustain the current price.
Especially when there is no product for a long time. Steem had a working site AND posting on it gives you a return.