You are viewing a single comment's thread from:

RE: Steem Has 1 Million Accounts! Here's Why 100 Million Isn't Far Away!

in #steem3 years ago (edited)

What would that do to the Steem (Power) price? I mean we see Steem growing, but the rate as which the price of Steem moves does not seem to be linked with the number of accounts on Steemit?

Sort:  

The price of Steem fluctuates in relation to the supply and demand for it. More accounts means more potential buyers for steem and more minds thinking of ways to use it and integrate it into our commercial systems (so more demand). Ultimately, the price depends on the creativity and actions of everyone involved.