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RE: Market Signals for STEEM Currency Boiling RED HOT!
I just signed up for steemit today and I am so new to cryptocurrencies and block chain technology. I thought one could accrue steem dollars through upvotes, but you can also just outright buy them like bitcoins?
Yep! And you can sell them later, after the price goes up.
So its both? Example to clarify: If I am a beautiful woman and I post pictures of me doing yoga in my bikini and it gets 10000 upvotes, that translates directly into STEEM dollars, kind of like reputation on a similar site like reddit? I used reddit for a while, but got banned for silly reasons.