At the moment, the value of Steem is defined by the value of Steemit. I'm not certain what the value of Steemit is ($100k? $1mln?), but apparently the cryptomarkets think its low enough, not to compensate for the ever increasing supply of Steem.
At the moment, the value of Steem is defined by the value of Steemit. I'm not certain what the value of Steemit is ($100k? $1mln?), but apparently the cryptomarkets think its low enough, not to compensate for the ever increasing supply of Steem.
RE: Summarized Explanation for the Falling Price of Steem