You are viewing a single comment's thread from:
RE: How low will Steemit payouts go????
Same thing happened with my posts @reatiltrader, i think steem follows the pattern of others cryptos, and it´s so unstable so it can fall alot in short time, but the oposite can happen also ;)
In the long term more people will come into the platform, so the Money rewards will increase also.
Peace, Carlos ;)
Could do however I don't see how it will work like that. More people surely means less rewards all around as there is only so much Steem to go around.
What i mean is more users bring more activity and people to the game, it´s like a avalanche! With more people the price of steem (and our rewards) is bound to happen.
I dont know how much steem there is circulating, is it mined? lol
Yeah, Steem is mined with a portion going to pay for rewards. We can hope on the price of Steem rising which should negate getting less Steem :)
If the price of Steem rises, wouldn't it then be more lucrative for miners to mine Steem, thus increasing the 'reward pool'?
ronni