STATE OF STEEM; THE MOST INFLUENTIAL CRYPTOCRRENCY- WILL HARDFORK 20 REDFINE THE STEEM BLOCKCHAIN? - A NOOB’S RANTING

oluwoleolaide (68)in #steem • 7 years ago

Forget the bookies, and ditch every charts and ranking; if EOS, Btc and Ether has no direct impact on your life/lives; then Steem is the Superstar- A Rockstar!

Aside the plunging price, too many creepy things is going on right now on the steem Blockchain; to the outside world, everything seems nice and perfect, but to “Steemizens” or Steemians as it’s fondly called; we are having decay inside!

Thousands are gone, and thousands more are on the verge of quitting; if everyone goes away, will that be a good thing for the massive amounts of Steem in wallets and on the exchange? Is there a doomsday looming for more Steem Price Crash?

In the wake of HF20, which promises to address bandwidth and also scalability; everyone is anxiously waiting eagerly to see other improvements it would bring along in terms of Abuses, The Rise of BOTs, and Spamming and user exodus.

Steem is the God Father; dozens of other platforms got the ideas of Rewarding Bloggers with Cryptocurrencies and it hurts to see Steemit been relegated to third a vote buying system limited to the elite; Witnesses, Dolphins and Whales meaning new users/minnows which takes over 80% of the total user would be completely hopeless!

Price of steem has never mooned above $20, but we have seen dozens of several downfall in price like the one we are experiencing presently, even though the whole Crypto market is in dire Bear season; this factors makes me wonder and ponder on the concept of long time HODLing like many other Altcoins e.g. Litecoin has seen a significant rise in price from its market price in early 2017. This huge fall and meagre rise in price of our darling Steem is a subject to be concerned about, at least for a minor investor who doesn’t have a chest/vault full of Steem!

STEEM- THE CRYPTO-SPACE ROCKSTAR

Steem has and is still the most influencing Cryptocurrency in the World irrespective of what any charts and ranking states in China or the Middle East. This is a fact, over hundreds of thousands would testify to these facts; The Steem Blockchain is the only Crypto that gives chances to the poor, the average to make a living. Even though things are getting weirder and abusing the reward system is flawing the system, but would there be a revolutionary change with the forth coming upgrade in the next couple of months?

Like HF19, this came with a lot of several changes as well as improvements; will HF20 ends the incessant abuse of the Rewards? Will it curb Spamming and excessive usage of BOTs to rip the Reward pool off by same set of merry-men? Will Hardfork20 restore the original ideas of Blogging and earning with having to pay for it?

Bandwidth increase and a new token was the highlight of the next Hard Fork as @steemitblog announced, but the pressing needs are the aforementioned acts going on which many steemians like me have blogged about and some had took it upon themselves to right these wrongs by some Notorious users swindling me and you of the daily allocations of Steem.

Come quickly HF20, let’s see what you have in stock for us; to those who still have faith in redemptions of the Platform from the claws of Greed and Selflessness!