Your estimated total value is based on the 7-day average price of steem, which has been dropping lately.
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Your estimated total value is based on the 7-day average price of steem, which has been dropping lately.
yeah i was aware of that, but doesn't the increase of the user base also affect it somehow?
not in any serious way, I don't think. When a newbie strikes it rich with an intro post, they'll probably sell without concern for the price so that can drag things down a little but they ultimately boost demand for steem so it works out in the end.
Got it..thanks
Just my opinion, and throwing it out for a field test against experts. More user would create a higher division of the daily mined rewards would it not? So in time we wont see the "how I had 15,000 in 12 hour" posts but reduced/spread out between more people. Not a downgrade in value we currently have but a reduction in amounts earned daily. No?
I think we're already seeing that, yes. Three weeks ago, we saw a video pull in $26.6k but there hasn't been anything that high this week. The whales seem to be doing a better job of spreading their votes over more posts per day too.