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RE: I'm no chart expert...

in #deepspace8 years ago

I think the volumes show the clearest picture. Speculators are looking very closely at steem. The hypothesis in the whitepaper about excessive inflation was wrong. Today it goes down to 9.5%. The rate of power down will allow speculators to get in and out faster, but with low inflation, supply will be massively contracted and this has to push prices up. People are buying big now to hold. It is for sure momentum building.