price fluctuations, if dan sells 1 million steem the price will go up since somebody would have found value in his shares. Therefore, making the steem more interesting to to others, not only that but since the number of steem on the market decreases the price increases :) selling has the reverse consequence, so when somebody starts powering down and selling the price should drop depending on the number of steem being sold. Something around those lines, I'm no economy major :D
i have one questions here; in general what do you think is encouraged from steemians in general to raise the price of steem; is it powering up or keeping liquid steem? what good exatctly doesnt powering up do to the price of steem? does it keep it high? why do people recommending powering up apart from curation rewards? i am asking in relation to the price of steem!
I think it factors in towards the reward pool, but the market price plays a bigger role since that boosts everything. Keeping the Power let's you say how much you have VESTED in the platform figuratively and literally. So how much trust you give it, otherwise for example if I didn't trust I would take out my ~50$ and just use that fuck the platform fuck curation it's boring, just as a example.
price fluctuations, if dan sells 1 million steem the price will go up since somebody would have found value in his shares. Therefore, making the steem more interesting to to others, not only that but since the number of steem on the market decreases the price increases :) selling has the reverse consequence, so when somebody starts powering down and selling the price should drop depending on the number of steem being sold. Something around those lines, I'm no economy major :D
i have one questions here; in general what do you think is encouraged from steemians in general to raise the price of steem; is it powering up or keeping liquid steem? what good exatctly doesnt powering up do to the price of steem? does it keep it high? why do people recommending powering up apart from curation rewards? i am asking in relation to the price of steem!
I think it factors in towards the reward pool, but the market price plays a bigger role since that boosts everything. Keeping the Power let's you say how much you have VESTED in the platform figuratively and literally. So how much trust you give it, otherwise for example if I didn't trust I would take out my ~50$ and just use that fuck the platform fuck curation it's boring, just as a example.