RE: RE: Steemit, Inc. Financial Update
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RE: Steemit, Inc. Financial Update

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7y

I swore I heard somewhere that Steemit sold over 800k worth of steem like clockwork every month. If that is or was the case no wonder why the price came crashing down to near nothing. There was a major leaky faucet which is exactly why I recommended running ads on steemit instead.

A currency needs more value coming into it then going out of it in order to increase price it's not complicated.

What will happen with the surplus in income generated from ads ? ( I would think that would be used for new fund instead of taking 15% from the content creators who write the damn content so the ads are seen in the first place...

There still seems to be some major gaps here which perhaps we just don't have enough insight to but all of this still sounds like crap to me.

@bitcoinflood: I swore I heard | Ecency