Every day new Steem is created (reward pool) and distributed to content creators, curators, and witnesses.
For a long time, this has increased the amount of Liquid STEEM going around.
But for weeks on end now the amount of liquid STEEM has been going down.
Which tells me that more and more people want to keep their STEEM powered up and are also buying it on exchanges to power it up.
The less STEEM on the market means there is a good chance the price will go up due to scarcity.
13-12-2017
24-12-2017
The Steem blockchain dollar will always be $1 USD worth of STEEM.
But according to Dan in an interview he gave here, I heard him say there is no upper limit to what it could be worth.
It's basically up to the markets to decide what the upper limit is.
This means that the SBD could stay high for a long time if the markets decide to.
Which is great news for every content creator on this platform.
I talk about it more in my vlog.
@blockbrothers for the Steem blockchain. If you want to support us I would appreciate your vote here.Get it Here:
