You are viewing a single comment's thread from:
RE: Tips for minnows. Commenting and Interaction
I thoroughly enjoyed this quick quip about the climb up the side of Mt. Steemit! I personally think that this platform could rival that of Reddit and Facebook in time; however, I think it will almost require an integrated Chat solution instead of needing to go outside of the platform for quick, direct comments.
I know, we should make a secondary Blockchain for ChatSteem, lol. I don't know how quickly the STEEM will rise to the ceiling, but I think with time it will do exactly that.
What are your thoughts on buying in as opposed to just building from the ground?
Followed, upvoted, & resteemed!
I think you're right. There are so many extra's to be found on steem tools but i think that going forward you really need to integrate the most important of those, such as steem chat.
What we have right now is good but there is so much more potential for expansion and with all of the inventive people on here i'm sure that we will see a lot more additions to the site in the next year. For any prospect to grow it needs to have users and people looking to join, so the more user friendly the site becomes the better.
For now we have the creators and the curators but eventually we will need to add a lot more viewers.
I can see the benefit to buying a stake here as i think that STEEM as a coin is undervalued at the moment and when SMT's get introduced there will be a much higher demand for STEEM pushing up the prices. If there are a hundred times more people trying to get their hands on the same amount of STEEM then value will increase.
I always get thrown for a loop considering the valuation of STEEM and SBD with the annual increase of circulation amount compared to the number of users. It tends to be an inverse calculation that is needed.
It's hard to know really, depending on how demand will grow over the next year and how much STEEM is produced but for me it goes back to the most simple of lessons, supply and demand.
I try to stay away from technical data wherever possible, it goes right over my head. Hopefully they can get the registration issues sorted out soon. It takes almost a week from signing up to logging into your new account which in this day will be a huge turnoff for curious potentials.
On the plus side there are such good people here already that the future does look bright for the community.
True, as for just pure Supply and Demand, I think STEEM can definitely go up as more people demand it.