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RE: BUY TIME -- When is it buy time in cryptocurrency? --- It's buy time when you don't see the bottom
If Steem hits $1 I think you should panic buy. lol Maybe even at $1.50 begin the process. lol
It looks like you bought some Steem.
yup! buy when theres blood! And steem inflation rate for the next 30 years still never reaches 1 billion tokens, so i dont see why steem couldnt potentially become 4 times the value of EOS current $10 value, $40 steem is more than realistic, its still undervalued there, $100 steem will be a good stable point to plateau for a year or two. We can even backslide to $50 and itd be fine. we just need a few good whales who buy up so much steem but also never power down more than the market price can handle, they just slowly sell their profits off when they make them... THEN we can see Steem go way up and stay up.. its all just supply and demand and as we power up the remaining 78 million liquid steem that isnt yet powered uop out of aprox 260+million total steem tokens, we can make steems price go up nd up[. if we get that 78 million steem number down to just a few million by powering up 76 million or around 100-120 million dollrs worth of steem... yeah i think we can do that... that would make steem SO rarte at just a few million tokens left at all that Less than a million maybe even less than a hundred thousand tokens would even be LEFT on bittrex etc and each one would have to be worth so much more to make up our futuire marketcap!
At that point people would HAVE to power down or wait for rewwards to get new steem to sell so =it would be SO hard to get lartge stakes that as LONG As the large whales keep holding we will end up with $100 to $1000 steem because only 20 so million steem a year will be produced and in a few years the amount of new steem will go down and we will end up with less and less from the reward pool. With current inflation its actually amazing that with 700,000+ New steem created every week that we can still maintain our price at all! we have like 7-8% inflation and shrinking but still its pretty high for a currency and yet we STILL maintain our price PRETTY well and its just pretty damn nice to see how well steem blockchain si able to get away with printing its own money, but we do it better and more fair and SMARTER and more SUSTAINABLE than the federal reserve could ever hope to print their dollars!
and @intelliguy nice article upvoted and got you a @tytran upvote
There is a lot holding Steem back but I think it will moon eventually.
Looks like you bought a little. lol You don't self upvote or use @dustsweeper?