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RE: The Noob Night Cryptocast - The Sea of Red Is Back!

in #dtube7 years ago

Thanks for a great video @jongolson, and yeah it's too bad that Bitcoin should dictate in what direction the other coins go, but unless they solve their scalability they will not go much higher than what they already have, the number of transactions are limited.

Steem on the other hand can handle way more transactions, and it's fast there is however a transition where it's correcting itself to it's utility, and with all new tokens on S-E that is changing to what you need for RC and as the main trading pair for these tokens, while the users are earning the majority of their rewards in these tokens, like CTP for example.

In the middle of all this we also have a shrinking active userbase, and the onboarding that is being done has to really take much more priority, and CTPtalk is making a really good job with that, despite the onboarding process being what it is.

As to the downvoting mob, I don't know where that will end, but also considering the Convergent Linear Rewards Curve that was part of HF21, plus the 50/50 split between authors and curators, new Steemians have a really hard time even getting a rewards payout in the first place, so if you also add downvoting into that mix it just means that in regards to these new Steemians then they won't even care if they earn any Steem at all, only if they earn any tokens.

But maybe Thailand can make the onboarding easier, thanks again for a great video it's awesome.


This post is AWESOME!

It has therefore got a manual 100% upvote from @thisisawesome, for the Awesome Daily Upvotes in category CTPtalk, I give out 1 such vote in that category per day, plus 3 more in other categories, and your post will also be featured in todays Awesome Daily report for more visibility.

The goal of this project is to "highlight Awesome Content, and growing the Steem ecosystem by rewarding it".

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