| json_metadata | "{"app":"musing/1.1","appTags":["Steemit","blogging","steem","cryptocurrency"],"appCategory":"Steemit","appTitle":"Will you be on Steemit in 2019 if the price stays the same?","appBody":"<p>Prices change continuously. This is the nature of a market. So, the question is somewhat meaningless.</p>\n<p>STEEM is not backed by a security. There is no magical equity that will kick in to keep the price from falling to zero. Neither is there any limit on the upper value of the price.</p>\n<p>Crypto currency is a pure speculative play.</p>\n<p>Steemians need to take a more sophisticate approach to the price of STEEM. We must ask how we will respond to the fluctuations.</p>\n<p>I am in SteemIt for the duration. The price might fall so low that the witnesses can't pay their bills and the platform fails. I will be grubbing for upvotes until the day the platform goes blank. I would be proud to have a large amount of STEEM POWER when the servers go dark.</p>\n<p>The only real question for me is how I will deal with spikes in the price. I have an upper limit to the exposure I want for STEEM. When my account value crosses a given threshold; I intend to sell half of my STEEM.</p>\n<p>STEEM is a speculative play. The price will not stay the same; So, I am braced for wild changes in the price and simply hope that the price does not fall so low that the system fails.</p>","appDepth":2,"appParentPermlink":"p3gey3bzq","appParentAuthor":"erikah","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
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