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RE: Is this why the price of STEEM is struggling? STEEM Withdrawls 2017

in #utopian-io • 7 years ago

This is an excellent point. Steem distribution is extremely unequal at the moment, and the whales powering down is very good for this platform. That Steem will end up in many more hands, or many more brains, if you want to look at it that way, each being a new neuron added to the super-brain that is the decentralised autonomous Steem community.

7 years ago in #utopian-io by
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     7 years ago 

    I get this, and do agree to an extent. yes we need the steem in more hands but we also need liquidity

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     7 years ago 

    Technically more steem going to the exchanges builds liquidity. What we need is demand.

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