well id love to think your projections are correct !! ; - ) but im really enjoying putting up stuff against the elites that they cannot remove, one in the eye for the Orwellian dream of information control !!
Inflation shouldn't be an issue in the short term as Steem should grow exponentially and the network effect kicks in (hopefully!). Also, I kept the current price at $4.30 which will offset inflation. I didn't take bubbles into a/c.
Thanks man, not sure if the 1% compounding interest rate is reasonable/or right though so don't take too much heart from it till one of the 'experts' show up lol
If i remember correctly the inflation is limited on the system to 100% per year. The current inflation we are getting is related to the low number of users. In a few days week it will go down significantly. The more users the less we get.
well id love to think your projections are correct !! ; - ) but im really enjoying putting up stuff against the elites that they cannot remove, one in the eye for the Orwellian dream of information control !!
haha right. I think there needs to be an outlet that allows absolute freedom of expression
And you just forgot to take the huge inflation and bubble into account?
Inflation shouldn't be an issue in the short term as Steem should grow exponentially and the network effect kicks in (hopefully!). Also, I kept the current price at $4.30 which will offset inflation. I didn't take bubbles into a/c.
Your math is so cool man..wish this would come true..upvote to you..made me think i should invest in the steem alot more..
Thanks man, not sure if the 1% compounding interest rate is reasonable/or right though so don't take too much heart from it till one of the 'experts' show up lol
If i remember correctly the inflation is limited on the system to 100% per year. The current inflation we are getting is related to the low number of users. In a few days week it will go down significantly. The more users the less we get.
Then the price of Steem should act as a counterbalance once that limits reached thus, pushing up the steem price significantly? I hope so atleast.