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RE: STEEM Price...What is Going On?? Below $1USD
More active users joining Steem.it.
What are these active users bringing to Steem.it?:
I see an increase in spam.
And increase in Vote begging.
An explosion in plagiarism.
I doubt if the majority of new content creators are here to create content.
Without out adding value to the community, the price will fall.
"Iceburg dead ahead".
If active users increase, it does not matter in my opinion about how great the content is. The more people and eyes on the platform, generally the more valuable it should become. Do you not agree?
If the active users are here to take from the reward pool which is refilled by the creation of new steem;
then, the price of steem has to go down because of inflation.
The new steem is sold. Steem needs investors to survive.
And investors will not invest in Spam and begging.
Very great points. I do think content quality will increase overtime. What is your future outlook for the price of Steem and the platform as a whole?
I have just given you the very definition of a Ponzi scheme that is folding.
So will you be powering down and selling your steem?
I saw similar comments in a few posts on steemit.
Well it is super true - if nobody will step in and need steem it can only go down and into the wormhole. As long as nobody out there is willing to invest and puts real $ into it.....
I have an Idea.
I'll write it up drop you a line.
thank you for your reply.