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RE: How to motivate people to buy STEEM - one more idea from papi | club75
Interesting ideas - but difficult to implement and police.
How would we know if people actually spent fiat to buy STEEM rather than just moving back STEEM they were holding on an exchange?
And how would we stop people cashing out again as soon as they got the vote?
And surely it would only be relevant for people on #club100?
If they are on #club5050 or #club75 they would still be cashing out some of their STEEM which would just reverse the benefit of buying the STEEM.
We are always open to ideas if we can find robust and failsafe ways to implement them.
Let's see if we can work this up into an actionable plan...
I'm sorry I've read this great post, and I'm sorry I've given you a personal response, a personal idea. This is the idea of a person who is not familiar with the current situation, but this is only an opinion.
You have the ability to encourage users to buy steem in the market, you can give encouragement to those who are able to make a simple contest buy steem from the market, no matter how small they buy, and you provide reasonable support. This long time becomes something interesting, getting used to buying steem from the market and increasing investment. Even more amazingly, each community has one steem buying contest on the market. Contests that are done all the time, just one contest, so that able users always try to invest money even a little, how much they want and then post it. Buy steem contests on the market, one of the interesting little things to try.
First of all - thanks for the answer!
Good point. Even if part of the users will do it, I don't think it's so bad. When that program will be introduced exclusively for club5050+ members, and when one of the rules will be that all steem from the market has to be powered-up, we are pushing users to power up as much as in club75 or even club100.
If some of them will be collecting 50% of the rewards in binance and instead of withdrawing, after a few days/weeks they will transfer it all to Steemit to power it up, they basically are participating in sort of "delayed club100", which will boost the value of the coin anyway.
You are right though that people from club5050 could do it more often than people from club75 and club75 more often than club100. There are two options:
I disagree with the reply of the friend above. I mean I believe the minimal sum of Steem bought on the market should be set to avoid up-voting millions ofposts per day. Crypto Academy and up-voting bloggers cannot suffer because of that project.
I think it would be good to make two levels: lower, for those who are struggling with their financial situation (majority on Steemit), let's say 100 STEEM (40-45 usd) and higher, with higher upvotes, for those who want to truly invest in the future, like 500 STEEM (200-300 usd). Your upvote would have to be attractive but not too high, not 50% of the value of the bought STEEM price. I was thinking about 15-25% of the value while someone buys 500 steem. Maybe 10% for the club5050, 15% for club75 and 25% for club100. With 100 steem it could be 5%, 10% and 20% of the price of STEEM
Unfortunately not been able to work this into a robust and manageable process yet.
Honestly, if we will consider how much SP was powered down recently and how weak (still) is BTC, then we have to admit that STEEM and SBD are doing quite fine. I expected a much worse situation, so maybe at the end of the day, that idea can be skipped. It was suggested as a temporary way to deal with the crisis, which never grew up as big as in my predictions.
Now, it all depends on some projects of the steemians and the future value of BTC, but I believe it will be very fine soon and STEEM will reach 60-70 cents again in the nearest future.
PS: Thanks for that comment. I want to say that I see the big difference in communication with the SC team and I truly appreciate it.
Sorry, I don't like bothering you with comments because you read a lot of spam every day. But since you said you were open to new ideas, I kindly ask you to consider this: https://steemit.com/hive-185836/@papi.mati/r4c5yc#@o1eh/r4h894
Thank you!