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RE: Steem Debates: Delegation - Helping The Rich Get Richer?

in #steemdebates6 years ago

I can answer your question. In last week I was discussing with another steemian about my plan to invest 200 USD. He just told me that if u r investing 200 USD then consider that the worth is 66 percent. I asked why? He replied-- because 33 percent of supply are ninja mining token held by steemit and that can very well be used by others in the for of delegation. Then I finally I dropped the idea of investment in Steem.

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Yes, but you're not buying that Steem from Steemit's supply, you are buying it from an exchange. The premined Steem has been given out and mainly sold by now.

Cg