You are viewing a single comment's thread from:
RE: Reasons I doubt long term success in Steem
Actually Steem is beeing mined by the witnesses but they are not getting the main portion of the mined coins (only 15% ). Most of the mined coins go to the reward pool and therefore to the users who actually use steemit. Steemit still needs a lot of development and yes the whales are not perfect but the community is improving in content and side projects on this plattform. I think it is still a great way to monetize social content and also could be a great way to do crowdfunding but only the future will tell how successfull steemit will be.
Why do you think the price has been in a downward trend the last 3 months while other cryptos have been rising?
Also, what do you think of the fact that one person with a 5 figure account can completely downvote multiple posts from someone with a fairly established account (I have almost 300 followers and lots of upvoted posts and a 4 figure account)?