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RE: Famine on the Steem Blockchain - Strategy - Steem backed by SBD and USD? - 144
Yeah people don't understand stuff. I think we earn more when the price is low and plus there is less competition.
Yeah people don't understand stuff. I think we earn more when the price is low and plus there is less competition.
True. The system just looks bad for new people when they get their 20¢ reward split between steem, steem power and SBD - one they can't touch for 3 months. I imagine many will say screw it and look elsewhere. Only time will tell what happens.
We might be attracting the wrong type of people who just want to get rich quick for nothing. That will probably never happen on here for 99.99% of people.
I think eventually we will get 10 million accounts and a million active users and Steem will be at $100 or $1000.