RE: Ethereum's Market Cap Is Currently More Than 50% of Bitcoin's

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Ethereum's Market Cap Is Currently More Than 50% of Bitcoin's

in crypto-news •  8 years ago 

Glad that I held me Eth till now, making so much profits these few days! Can't seem to figure out where the top is. Might as well hodl

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8 years ago by

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      ·  8 years ago 

    Haha I kinda regret selling some along the way, but to be honest I've been drifting away from Ethereum development stuff and now looking into steem and eos..

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      ·  8 years ago 

    I understood that steem is unlimited in opposite to Bitcoin, what makes steem inflational, right? How can the value of it increase?

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      ·  8 years ago 

    Hi @johano :). Steem inflates its supply by 9.5% in the first year, decreasing by 0.5% each year until 0.5% inflation / year, I think. In 20 years, expected to have around 660 million STEEM is circulation. Today there is about 250 million STEEM in circulation. It might've been updated though, but this is the latest i've known.

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      ·  8 years ago 

    Thanks @kevinwong. This was helpful. I am quite new to all crypto. Have a nice day.

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        ·  8 years ago 

      Hey thanks for replying! I'm still mostly on BTC though, slowly diversifying

      Are you based in MY by any chance?

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        ·  8 years ago 

      I'm around sometimes :)

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          ·  8 years ago 

        I am also glad I never took profit along the way, just slowly adding to my stack of coins when I have spare money.

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            ·  8 years ago 

          best approach!!

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