Steem Tokens Mooning For The Best - [Element of Supply & Demand]
LONG-TERM "HODLING" STEEM
Steemit will have the great potential to be a very excellent long-term investment. The same thing has been witnessed with the overall growth of Bitcoin - Bitcoin has covered 78% of its Maximum Supply (16,472M/21M) at time of writing. This basically means that if supply is drawing near to its capacity, more money will be pumped in, especially by those suffering from "FOMO" (Fear Of Losing Out)
STEEM ON THE OTHER HAND HAS COVERED AN AWESOME 93% OF ITS MAXIMUM SUPPLY. YES - 93%
STEEM ON THE OTHER HAND HAS COVERED AN AWESOME 93% OF ITS MAXIMUM SUPPLY. YES - 93%
But why is it not mooning like bitcoin yet? It has many tokens. With more tokens, comes the difficulty of climbing to a greater value, but it is not IMPOSSIBLE. Yes, there will have to be a time where-by the expansion of supply will be difficult (like Bitcoin Mining), leaving trading and investment to be the better options to benefit from Steem tokens. Do not forget publishing articles on Steemit as well for those UPVOTES when delivering QUALITY.
