RE: The Steem streets: Looking for a place to invest
Steemit is a very attractive platform for the small content creators, the struggling artist or the musician, the authors and a whole range of diverse writers. It is also very attractive to those battling, those looking to cover bills, the unemployed the struggling. For many, there is almost nothing to lose but, a lot to gain from being on Steem.
Accurately expressed
Yes, trending is a joke and all of the spam and low quality content doesn't help the view but, are they things that large investors care about? Do they care about the spam or the quality of content at all? Would you?
To be honest i wouldnt care, i would observe it, but i might just think they are glitches or something, imagine im a large investor and i make a post about trends of steem, and i receive a comment saying, nice dog, i will think its a glitch and just look away, eyes on my wallet and the chart.
A lot of large investors are not bloggers, but we are too quick to classify users based on their wallet holdings lol.(im guilty). If im a large investor, i would like posts that have a full package of what would interest me and a medium level of language fluency with effort. Simple, where the system works fine.
governance tho is a constant interest
The passive curation returns of 20-30 percent are great but, the coin is still subject to the same pressures as other coins and could plummet to zero
I dont think i can ever come out of the denial of this
The passive curation returns of 20-30 percent are great but, the coin is still subject to the same pressures as other coins and could plummet to zero. Add the risk of a board who are not bound to act in my best interest and, the risk is similar to any other coin on the market perhaps. The difference with other coins is that the governance and their members are not visible in the same way. Does this make me more or less likely to invest into a coin other than Steem?
This visibility is quite key as it puts the half the success of my investment into human hands and not entirely computerised and also is tied in a way to their success. Awesome leverage for me as a large investor unlike other coins. I think this might just be my standing point