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RE: steem is over priced.

in #steem8 years ago

I disagree with you, but I upvoted for posting your thoughts.
Some payouts are massive indeed, but they are real and worth it. Don't let the "too good to be true" appearance fool you. Just join the game. One reason for the amounts to be so huge is that there is a certain amount (currently 2M$) to be shared, and there is only a limited amount of posts to take a share.

People are willing to pay the current price at exchanges without anyone forcing them. Thus the price should be regarded as fair and right. Everything that is known about the asset is already included in the price.

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