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RE: Does the 13 week powerdown period prevent investing in STEEM?

in #steem4 years ago

I have to agree that the market dynamics are not in steems favor. In light of that I think that we should consider cutting the inflation rate in half (controversial as it may be). Over time that would have a greater impact on the price (programatic selling issues aside).

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That is quite possible. On the matter of programmatic selling, I think I mentioned above but not sure: Programmatic selling is about 1/3 of inflation. Even if inflation were cut in half, it would still be larger than programmatic selling, so such a cut would be quite significant.