The Future of Steem 3 Seconds At A Time.
Will the price of Steem keep dropping?
It could, I don't know. I tend to think we are just moving with the markets.
If the price does keep falling we get new buyers and new stakeholders! Whoot!
Will we ever get SMTs?
Maybe not, what if we never ever get them.. Ever.
Ok, I like the idea, but if they don't come the blockchain still moves forward. I'm pretty sure we will get them, I don't know when.
What if more people sell their votes?
More people will be spreading money around the Steem economy.
Our Content Reward System is Broken
Well, it would be pretty tough to say that it is working properly, yet there are a lot of fairly young accounts that I see doing great. I found them somewhere. Usually from my comment section, but often from other people's comment section, and sometimes from meeting them on Discord. These people are accepting Steem where it is right now and they are writing interesting things, others read, comment and engage. Some people post trash and upvote it with bots and that will not change until people are willing to risk their own rewards to flag.
People Are Powering Down
Excellent! Drive the price low so the short-term people get out and allow those who are interested to join.
There Are Hungry People In the World
I know, this is a sad thing. There always have and always will be hungry people. The better our economy the more opportunity they may have to change their life.
If you are wondering at this point what I am talking about... If I can accept things they way they are and ask myself, "If nothing changed would I stay?" and answer yes, everything is okay.
I haven't been online as much.. (Damn HotSpot Blues) I am hearing some say people are powering down and leaving, but I have no idea who. :)
I've always said Steem isn't for everyone and it isn't a get rich quick scheme. Crypto markets go up and down and interest in crypto right now appears to be down based on the prices. Steem is flawed, but it also works. This is not a short term project.
Maybe I am weird, I enjoy Steem. I enjoy talking about Steem. I enjoy talking about other topics with Steemians about other topics. I am not over invested, if it went to 0 I could eat and pay my bills, but yes, I am hoping for much more. I don't expect it tomorrow though.
Let those who are wanting to be Millionaires tomorrow move on. Those of us who are engaged and involved will start to influence the culture. We will set better expectations, we will engage. We will teach people to use flags, stop whining, appreciate the process of solving problems and working together. We will teach people to be tolerant of others doing their own thing on the blockchain.
There will be witnesses that move the blockchain forward every three seconds and people who continue to blog, vlog, sing, art, etc. We will lose some new users, because they don't know what they are getting into and don't stay around long enough to find out. Or maybe they are just not interested. There are many things that are good that I am just not interested in. I bet some others feel the same.
Competition is coming and many will go check it out, in fact I will check it out, because competition is good. Those projects will have their own sets of problems, some of them similar to ours, and some different. In the end they will make us better.
If I sell my Steem and buy STRAT (Random, it was a name that came to me) Let's say I can buy 10 STRAT, I will continue to have 10 of them, if the price goes up or down, I will have 10 STRAT. If I have 10 Steem, I can use them to make 11, and 12... 100, 1000, .. I think you get the point.
Do what is right for you.
I still say we are okay! :)
Steem will again reach $10 , it will take bit time.. #whatsup
What do you mean again, i think ath was aroubd $8
Yep, SBD hit $10.
SBD did but STEEM did not
SBD will go BULL again! ATM in Bear mode 🐻
You got a 2.60% upvote from @oceanwhale With 35+ Bonus Upvotes courtesy of @mightypanda! Delegate us Steem Power & get 100%daily rewards Payout! 20 SP, 50, 75, 100, 150, 200, 300, 500,1000 or Fill in any amount of SP Earn 1.25 SBD Per 1000 SP | Discord server
It could hit $10 this year. lol I'm guessing next year though.
Everything is possible.
Lots of good points. I'm enjoying being on Steemit. I learn something every day, get a little more comfortable with the cryptocurrency market, and have a place to express creatively. What's not to like?
@whatsup,
When SMT launch there will be no complainers! With STEEM we print more STEEM DOLLARS and collect more STEEM! But by holding others, we can't!
Cheers~
Aren't we all
Those powering down and making a run for it are free to do so. This platform isn't for the impatient. As of today there is nothing quite like it, makes me wonder why people choose to ignore the bigger picture
I wonder if they ignore it or they just don't see it. They heard about crypto millionaires and came seeking easy money without effort. (not all, but some for sure)
Let them go, we need big picture people with long-term goals.
Bigger vision visualised :D But in simple terms this Crypto thing is the new stocks. And it makes everyone an investor from Day 1!
'Usually from my comment section, but often from other people's comment section" I find that that works well too. It is more of a common interest/ merit based system of finding people to follow.
I agree with you here but I have to admit that I am a little salty about the price at the moment lol. I had the most successful post I have ever had (in terms of raw upvotes) but because the price is low it has only earned a good and much appreciated but still pretty modest payout despite having a few large upvoters. Such is life I guess.
Times might be a little hard right now but the site is still a fun place to waste the day and that is what gives it long term viability in my not an expert opinion.
I know a lot of people like to talk about everything that is wrong with this place but there is still a lot to love. I want to see this site do well and I think I can do well here if it does. Yeah, it has problems and the price is pretty "garbagey" compared to how it was in the recent past but is still the place I want to be at the moment.
So many are busy looking at what might be they miss what is. There is a goldmine waiting to explode and I see virtually no one talking about it. I did a post yesterday that was meant more for those who don't use Steemit (I get quite a few of my posts to rank on Google nicely, this one however did not, lol).
SteemPress could do much for the chain that everyone is expecting SMT to do. I invite everyone to check them out @steempress-io. If just a small fraction of the Wordpress bloggers get on board the snowball effect could be huge. And it is something we can support now and not wait for something beyond our control like SMT.
I keep reading this, yet look at how much I have invested, how much I have donated, how much I have used in renting SP delegation and I find after 6 months I have accumulated quite a bit of Steem while being able to help others, learn cool things and talk about some of the craziest conspiracy stuff out there with others just as bat shit crazy as I am. And get paid to do it.
Sign me up for 6 more months of broken please, lol.
I imagine many who complain do not appreciate much in their lives, and probably a good portion do not take responsibility for their ownership here. All of us are stakeholders here and waiting for others to be leaders usually results in things not getting done.
Great comment mate. You’re right that the reward system may not be broken at all. No one ever said that we were meant to make 100s permpost right away. It’s about building our audience and then increasing our rewards over time.
I started out making nothing. 8 months later make $2 - $5 per post, and in another 8 months will probably make $10 - $15 per post. It won’t make me a millionaire but the progression is clear. And I’m fine with that.
That's an awesome progression. And when the bubble comes (it will come once the regulations are in place and that wall street/banker money floods in) everyone with strong hands in projects that aren't shit will be surprised at how high they push the quality coins/tokens.
You're very right. I'm really looking forward to the next bull run. :)
I am seeing several like you who have come in, figured it out and are doing just fine! I love it. Those are the voices we need to hear. :)
This is pretty much my exact sentiment. I signed up in July 2017, but didn't begin using my account until about 3 months ago. I recognized the problems with the platform right away, but for me personally they weren't enough to drive me away.
After poking my head around a bit I'm not even sure I'm confident that any of the proposed changes will even happen. If they do those who want to stay will adapt if they don't all of us who want to be here will continue to fight the good fight.
Yet including me, many out here loves being here
Yes for the competition it might turn out good , as for SMT's it sure is kind of uncertain but what we can do is wait and see :)
Growing account is not as difficult, i will hit 500sp in 2 weeks, mostly from organic growth.
Now that you are living cheaper maybe you can afford to buy more? ;) lol