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RE: 4000+ Posts on Steemit.com - Nostalgia, Projects & Thoughts So Far
It was kind of ridiculous.. Even myself managed to write a few $1000+ dollar posts back in these times. Truly was a spectacle.
The late arrival is no big deal.. If we look to Bitcoin barely anyone used it in the first year or two.. This may be what we are seeing with STEEM now.
The future of STEEM looks bright even though the price has been on a heavy downtrend for a while now. Eventually once the right services are in place the price will start an upward trend as more value is built into the network.
There are always early adopters in projects who look to invest and cash out. Like IPOs, where they get in on the private offering, then dump and run as soon as the stock goes public... they are not really the long term investors in the organization, just looking to make quick riches and retire to Aruba. Then the real long term investors buy in and drive it forward.