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RE: HELP STEEMIT GROW. My personal suggestion on how to bring more demand for STEEM [JOIN discussion]

in Project HOPE2 years ago (edited)

Hello friend, I have a question:

Why instead of burning the steem obtained, we use it to make powerup in the community account of project.hope?

All that steem power that would go to the project.hope account would give more voting rewards, and if a lot of users commit to make 100% powerup to the posts voted by the community account, it would seem to me a better strategy.

What I don't like about burning steem is that it may not have the positive effect we are looking for which is to raise the price, because while we all together as a team contribute to burn steem, maybe on the other hand they continue to sell more, and our that burning end up benefiting others.

In general I think that the strategy has to be that all our accounts, that is to say the accounts of the project and the users that we publish in project.hope we should increase our steem power to the maximum, is what I think.

However, if this burn option is chosen, I am sure you can count on me to contribute to the whole process. Regards.

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 2 years ago 

Hi @carlos84

Why instead of burning the steem obtained, we use it to make powerup in the community account of project.hope?

It is interesting solution Carlos. Im only concerned, that it would limit entire initiative to people who are part of project.hope.

Somehow I can easily imagine that even people who are not part of our community would get involved - but only if they see that there is buy-back and burn process happening. Otherwise, if they would know that entire process is making one person (or one project) earn money from their efforts ... that could discourage many.

Is my line of thinking making any sense?


What I don't like about burning steem is that it may not have the positive effect we are looking for which is to raise the price, because while we all together as a team contribute to burn steem, maybe on the other hand they continue to sell more, and our that burning end up benefiting others.

You have a good point here. There is a real risk that no efforts of all people promoting steemit, bringing new users and trying to create pockets of demand .. that it will all have no impact.

We may also have developers building games and it may also serve no purpose. Because like you said - others may be selling their tokens.

So we must ask ourselfs a question: do we believe that we can bring value to STEEM blockchain and try to do it. Or do we believe that steem is DOOMED either way.
At least that is how I see it.

Thanks again for sharing your thoughts. Please let me know if my line of thinking is making sense to you?
Piotr

From that point of view in which the goal is to get other users outside of project.hope for this initiative then it is very good, even if we have doubts if it will work, at least we have the consolation that we tried, count on me to raise the price of steem together.

Greetings my friend.

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