RE: What Experts are saying about STEEM and should we be worried?

You are viewing a single comment's thread from:

What Experts are saying about STEEM and should we be worried?

in steemit •  8 years ago 

1 million for Bitcoin isn't big deal as its prices around 650$ per bit coin but steem is priced only 4$ that is huge I mean huge catch

steemit
8 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    2
    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!
    Sort Order:  
  • Trending
    • [-]
      ·  8 years ago 

    We should be comparing market caps, not prices per unit.

    Steem spends 10% of its market cap per year to reward posting and curation (plus other costs) which is comparable to what Bitcoin spends on mining. The economic mechanism is very similar, the real difference is where the inflationary funds end up: Steem redistributes them to content creators whereas Bitcoin burns electricity.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      [-]
        ·  8 years ago 

      I m not that advanced user like you but knowledge you guys are giving here is immense and will prove very good for future.

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00