RE: Every upvote given needs to be offset by an equal amount of value coming into the Steem Blockchain. by organduo

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Viewing a response to: @exyle/every-upvote-given-needs-to-be-offset-by-an-equal-amount-of-value-coming-into-the-steem-blockchain

exyle · @organduo · Jul 12 '19

$0.03

I have 2 questions: 

1. What would happen in the (distant) future if we run out of people who want to buy Steem?

2. Aren't all investors hoping that they can at some point cash out more money than they have cashed in?

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👍 exyle

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@exyle · Jul 12 '19 (edited)

$0.02

No problem! *(I hope I understand your questions correctly)*

1. Then STEEM would be $0. Markets need buyers and sellers. If there are no buyers STEEM is worth nothing.

2. Yes. It's what I'm hoping for my STEEM investment aswell. But STEEM is different than Bitcoin for instance. I don't necessarily want to sell my Steempower but I will want to sell some of the money I get from renting it out (for Rc's) or for delegating it. (in the future).

👍 organduo

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@organduo · Jul 13 '19

OK. Let's aim for Steem to reach at least double digits and then we can cash out maybe 25 percent. Or would this be too early?

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