So hard fork 19 has come and I think generally the majority of Steemit users are liking the initial effect of having more voting power, and therefor more Steem. The one thing I did notice is that today the value of Steem went down ~5%.
The initial premise behind the fork was 2 fold, giving minnows more power/income and when the excess Steem is made, it will go on the market but users will want to buy more Steem and it will even out. One thing that kinda worries me is that although this is true, what happens if everyone is too cheap to buy anything and floods the market pushing the value of Steem down. Now I'm not too researched about the subject, so below tell me what you think.
*For all I know the price could jump $5 (which I hope it does). I love what the hardfork has already done and hope it just improves Steemit!
If you like this post feel free to "Resteem" this post and follow me at "https://steemit.com/@cryptowallet"
