But from what I recall from the whitepaper the price is controlled by automated market maker algorithms. So just because there is a buyer dosen't mean it will be at a price you want to sell. If you're having problems selling a million STEEM I'll be happy to buy them from you for 1¢ each 😀
Liquidity can also mean you're in a life raft at sea thinking "water water everywhere and not a drop to drink"
OGC, where "always be HODLing" isn't just a good idea. It's the law!
HODLing is the only Option
Exactly ... there is no way out
When you buy off-grid coin and want to sell...
actually, there is automatic liquidity based on bancor tech. No need for a buyer when you want to sell!
Never sell ever
It will be like my genie in a bottle - to rub when the lights are low
But from what I recall from the whitepaper the price is controlled by automated market maker algorithms. So just because there is a buyer dosen't mean it will be at a price you want to sell. If you're having problems selling a million STEEM I'll be happy to buy them from you for 1¢ each 😀
Liquidity can also mean you're in a life raft at sea thinking "water water everywhere and not a drop to drink"
Perfect
Let's do this .... it will be bigger than Bitcoin