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RE: PRICE WILL CONTINUE DOWNWARD UNLESS WE MAKE A SIMPLE CHANGE
instead of chnaging the inflation rate, it's better to stop the steem power from growing for anyone who is powering down
instead of chnaging the inflation rate, it's better to stop the steem power from growing for anyone who is powering down
This might mitigate the crash but it won't be enough to sustain upwards price action.
The more coins is being printed the higher market cap will have to be to support the same steem price/unit.
You think that inflation is no big deal because you are being compensated so yeah you are not necessary losing money but the inflation means you are invested in a project that will reward less and less users overtime.