You are viewing a single comment's thread from:
RE: Steem price and low demand - Fix it finally! Solution is waiting
And one more thing. Right adjustment is critical. Thinking that Steem parameters were adjusted correctly at first attempt is just highly improbable. It's not about market manipulation (which is bad), but just about correct parameters to make it ready for long-term growth. Almost everything produced by men needs certain re-adjustment before it works really well. If Steem devs will not do it some other group will make it right somewhere else.
Parameters are irrelevant right now. There is no marketing and no demand and tweaking parameters is what you do when you actually have demand and want to try to get a little extra. Not only is there no demand right now for Steem Power, but there is no easy way to buy Steem Power with a bank account, and Steemit itself just isn't fun right now which is why people are chatting and blogging in other places which have better UI features.
Fix the UI/UX first. Then make the platform more sticky and fun. Then make it easy to upgrade and subscribe. Just look at Reddit or Amazon or any website which does it and you see they don't appeal to "crypto investors" with Bitcoins. They appeal to customers and users.
It's actually very relevant. If you wish to have more features, great UI/UX, then you need more developers, best developers, you also need a budget to pay them from, you need investments and you need investors. If you want to have investors, you need to create good investment environment without pitfalls. That's why you need low to zero inflation. Imagine trying to persuade someone to buy stock knowing that there will be 10-200% inflation on it. He will just laugh at you! Only exception would be if you can expect value growth 1000%. per year (and not growth in users, growth in value). This is currently pure fantasy. And if this happens somehow in one year it's not sustainable long-term.