Man, that's a fancy tea party! I don't have the clothes for a party like that. lol. Your last sentence is very interesting sir ironshield..how would more engagement increase the price of steem?
Man, that's a fancy tea party! I don't have the clothes for a party like that. lol. Your last sentence is very interesting sir ironshield..how would more engagement increase the price of steem?
What makes FB so successful even while people complain about it, is the engagement and interactions. If FB was "steemit", their coin would be worth over $100 each.
So just the sheer volume would attract more people and advertisers, etc? I'm not sure what the big money investors are looking for are you? In other words, I don't know if Steemit has what they want. It would be nice if some of that big money would start coming in.
As much as we were all unhappy with "bid-bots", (paid for upvotes), it helped the STEEM economy by encouraging big investors to buy STEEM with their bitcoin and delegate it for passive income returns.
Now steemit is more organic with manual curation and engagement (which makes for a better platform), but big investors don't want to blog or interact, they just want daily dividends that they can eventually sell for more Bitcoin. Now that we've chased the big investors away with #newsteem, we're stuck under $0.20. All we have left is to focus on organic curation and interactions since the big investors have abandoned the STEEM blockchain.
Organic interaction and curation (active income) is the more noble, sustainable and difficult path - but in the meantime we all miss STEEM @ $1.00
I understand now sir ironshield, thank you. But it sounds like the big investors will never be back so that's kinda depressing although I want Steemit to be built for the long haul.