While I see bitcoin rising day after day, I see steem rate getting down. This makes me terrified.
Image above shows bitcoin's rate today 01/02/17, according to Google.
Image above shows steem rate according to coinmarketcap.
The problem is that steem continue to fall day after day.
It have gone up from $.13
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Steem doesn't have a sound economic model.
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So, why this happens?
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I think that you need to pay more attention to the fact that STEEM has moved slightly up and down in a very narrow range for at least a month. This is more within a normal range for it at this time.
It was only just a few years ago that bitcoin was only $1. STEEM is only just beginning its life.
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