You are viewing a single comment's thread from:
RE: Why STEEM lags in bear market compared to other top cryptocurrency and what could be the solution.
These are all very valid points, but it does not really explain the lag in my view, because to counter the inflation through the reward pool, there is a 13-week power down time, that makes it really hard for investors to sell Steem, once it's powered up.
Through this, there is only very few liquid Steem on the markets and it therefore will always move lagged to other coins, that can be bought and sold easily.
Yes, but some investors who bought it low (say, below one USD) and they can through blogging and delegation, can sell liquid STEEM (SBD->STEEM) at the market whatever the market price at right now. They don't need to touch the initial capital. We need strong speculation for holding extra earning providing that motivation can get down due to FUD in bear market