Another one is the Steem price. The lower it goes the less income you can generate while you actually need more STEEM to pay for costs because the price went down.

I am glad someone else has worked this out.

For the past +18 months I have been banging my head against the brick wall trying to get this message out.

While the price of Steem goes up, funding a business model on Steem from delegation is very easy, you can effectively do it with your eyes shut.

You can do it without worrying about where the revenue/ capital comes from.

However, in reverse, on other words when the price of Steem continues to fall, is a whole new ball game and a completely different model.

I have been trying to get this message across and hopefully more people will now look at this as the biggest challenge, especially when it comes to funding promotional activities.

Thanks for sharing the blog.

Stephen