RE: Contest | 25-Word-Comment - Monkey Business | - 6 Steem
Burnsteem25 program was brough for a possible reversal from a downtrend to an uptrend, indicating a change in market sentiment. A lower supply induces a higher price in a community and attracts buyers, and the price of the coin rises,
The law of demand and supply explains the connection between the price of a product and the quantity supplied by buyers and sellers. When the supply of a product decreases, its price increases, and so does the supply of that product.
On this platform, users are encouraged to burn 25% of their Steem which results in a decrease in supply and this affects the availability of steam in the market.
But what is happening is that ordinary users like me who are burning 25% steam in every post, some users are taking advantage of it by selling their steam and nullifying the impact of BurnSteam.
I think now, instead of #burnsteem25 the management of this platform should think of some other way to stabilize the price.
It is very sad to see that users like me who have not withdrawn any Steem during my 27 months on this platform have not seen any appreciation in the price of Steem.
But if you monitor the wallets of opportunists, you will see that the amount of outgoing Steem is more than the incoming Steem, making Burnsteem a frustrating program for users like me.
Are we burning our Steem for opportunists?
I invite @helengutier2 @chant and @lhorgic
Thanks!
I withdraw a few times to try it out and l the Steem remained in another wallet. In the end I transferred it back and even bought Steem / invested because there's no longer a way to do so (of I haven't figured it out yet). So after all those years I have used 0. No house or car bought with Steem.
Since clubstatus means holding it sounds to me this is the only way but the question is why people who see Steemit astheir job would hold. They come to cash out not to start a piggybank.
Next to that a new question arose with @el-nailul his remark:
What is the point small fish do it if whales don't care?