Will The Price Of Steem Keep Dropping?

in #steemit6 years ago

It is important to remember that STEEM supply is increased by 100% every year, if the market-cap, or total value of the network, were to remain the same, it would require the Steem coin price to go down by 50%. Steem is subject to inflation. It is a short-term trading vehicle. It is not meant to be held for long periods; it is meant to be traded. Steem power is the long-term investment vehicle.

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source [https://www.google.com/search?q=Steemit&tbm=isch&prmd=vin&source=lnms&sa=X&ved=0ahUKEwiJgP7r25LcAhUSSo8KHeNCA8kQ_AUIECgC&biw=360&bih=512&dpr=3#imgrc=qQnwdSOVx5m8cM:]

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nope

To the question in your title, my Magic 8-Ball says:

Most likely

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