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RE: If 1 trillion STEEM were simultaneously emptied onto the market, what would happen?

in #steem8 years ago

I think that would be both awesome and horrible at the same time...

Awesome because its so much steem and who wouldn't want that much steem?

Horrible because it would drive the price way down and it wouldn't really be worth that much, if I'm understanding at all how the cryptocurrencies work that is....

I could be wrong though. (I really am still trying to grasp all the cryptocurrencies entail but I'm a slow learner at this stage of my life I guess because I still can't figure out how to buy any steem so what do I know eh? :D)

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Your doing just fine @frostyamber - Steem on!