RE: I just sold my 2000 Ethereum... Should I buy steem now?

You are viewing a single comment's thread from:

I just sold my 2000 Ethereum... Should I buy steem now?

in ethereum •  9 years ago  (edited)

I too would like the answer to this question but can't really trust Steemit to answer this question truthfully (and therefor negatively affects the quality of the answer). What I have read and what I have seen posted on Steemit in practice seems to indicate that Steemit is a positive news generator when it comes to talking about itself.

This is the result of incentives that reward people for generating content that increase the value of a Token. (in this case Steem) So i'm not going to give you a yes or a no answer. I will say this instead.

Steem isn't an investment. It's a receipt for purchasing good content on Steemit. If it is viewed differently then Steemit will only generate content for pumping Steem.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!