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RE: Steemit Price Dropping. Predictions?
It is slightly odd why the price is dropping. And rather worrying. Steemit will prosper if the price goes up. I am not sure how it will do otherwise.
While user accounts are rising healthily, active users is still less than 10% of total accounts. More worringly perhaps, is that despite growing user accounts, total daily number of posts and comments is gradually going down, or at best flat :
With the steem price being lower, new users will be put off with their post earnings being so very poor in the most part.
I think people are signing up and then just leaving after getting a small post payout. I have noticed a large drop in activity on my posts and the people I follow. We shall see.
Yes I am seeing much less in my feed from those I have followed.