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RE: Crypto falls will end?
Dear my friend @pifc, you know that Steemit is divided in pour and rich, who have much SP want only elite platform and who are like us want popular platform, so thats why we use Steem-bounty, but is not enough...:(((
Well I don't believe that the rich want an elite platform or I wouldn't be here. An elite platform doesn't lead to one that anyone can make money on and the rich (in SP) are not worth anything if there aren't others interested in purchases the Steem or SBD they produce with all the steem. So it's in their best interest to have this become a widely used platform as the demand will increase and they can actually cash out some of that "paper wealth" they currently have. That is it's only worth something on paper since they aren't selling it, but if they tried to sell 1 million steem tomorrow because they needed cash fast we would see the price drop drastically as they sold. If a couple whales did this at the same time then steem would have no value at all as there isn't that much demand out there right now. But add 50k real users to the platform, not bots or duplicate accounts, and you would see real demand for steem and the price will rise. Add 250k users and we are easily a $10 coin.
very good point @pifc
I also don't think rich want this place to be an elite platform. that would make them lose most of invested resources