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| comment | | "parent_author":"zoidsoft",<br>"parent_permlink":"re-apolymask-more-thoughts-on-steem-and-crypto-currency-in-general-20171221t044027511z",<br>"author":"apolymask",<br>"permlink":"re-zoidsoft-re-apolymask-more-thoughts-on-steem-and-crypto-currency-in-general-20171221t045634496z",<br>"title":"",<br>"body":">I don't understand how Steem\/Steemit's popularity increasing will cause it to become less profitable. Your logic escapes me. Please do explain.\n\nWell at the very least it's going to be harder for many to get noticed in steemit and already is just because there's SO MANY more posts. It's easy to get lost in the avalanche if you don't have a really good networking system set up. \n\nAnd also.. For example,<br> when it becomes more popular more people will buy into it and there will be more demand and competition for what is already there,<br> similar to how bitcoin has gained so much in value when it has become more popular.\nFor example if someone bought a lot of bitcoin when it was $1000 or lower and still a lot less known by the population.. They would have made a lot of profit by being there early. So you have more potential to earn more the earlier you are to a given coin that ends up being valuable.\n\nI'm not totally sure how a lot of this is going to end up translating in the long term and I could be wrong in some aspects so feel free to correct me if I missed anything,<br> but.. It seems like the more people use it,<br> the more the early adopters gain,<br> and as the market saturates and steem becomes more expensive and valuable to hold like bitcoin.. Then I assume it will be more difficult for all to earn as much as the value of steem itself will be more scarce in terms of how much exists out there for people to obtain because of how many MORE people are out there trying to obtain it. IE.. A lot more fish chasing after the same limited amount. \n\nBut.. I guess it's possible those at steem will try to address that,<br> I've thought of that before.. Yet.. That would hurt a lot of peoples investments to sort of.. \"inflate\" the currency like other governments do in the world with fiat dollars. I'm not really sure what will happen in regards to that and I have been thinking about it recently a bit.. But.. I dunno. I guess we'll see.",<br>"json_metadata":" \"tags\":[\"steem\" ,<br>\"app\":\"steemit\/0.1\" " |
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