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RE: What if Steem's price goes to 1 cent- what can happen?

in #steemleo5 years ago

Thanks for that. I'm only just now getting my head around the economics of something that I came to purely because it represents a much harder to censor blogging platform. I really started here in earnest when my Facebook account was deleted by Facebook without warning.

Also, one has to see these price drops in a logarithmic way. Down here at $0.19, there is a whole lot more significance of dropping another $0.09 down to $0.10 than moving from $0.59 to $0.50.

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