You are viewing a single comment's thread from:
RE: Is this why the price of STEEM is struggling? STEEM Withdrawls 2017
yes, people need money to live off at the end of the day, and I have no issue with this, but can steemit sustain this sort of sell off?
I'm inclined to think that the value would rise with more adoption in the next two years to offset this enough. I have no expertise to feel confident in that though.
However, I do sense and see that there's a decent portion of users who act heavily in their own personal interests alone, as interpreted by their outpouring of filler posts for votes to satisfy auto/voting trail rewards, met with offensively low amount of commenter engagement and upvoting. I think that this one way street mentality will fuel the issue you're raising because it's a selfish mindset of expecting, versus giving. Eventually one pool will drain out the other.