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RE: The Price of Steem - Where Do We Go From Here? Reflections by Charlie Shrem
obviously, you need a fast way to depost buy steem with fiat. if that happens, the doors are wide open...
obviously, you need a fast way to depost buy steem with fiat. if that happens, the doors are wide open...
Am I the only one that dreams to see this logos after clicking ...
Im sure fraudsters all over the world have a similar dream. There are probably ways to make fiat to steem a reality but those three aren't it.
Cheques and Direct Bank-Transfers needs to be an option for REAL investors. When Warren Buffet wanna invest $20 million dollars in direct purchase of steem - well, he´ll pay with a cheque because... well that is what HE is used to do. and European Millionaire-investors pay with an INVOICE as THEY are used to do.
We need to make it VERY EASY for Investors (who just want to invest, stake and hodl) to get in.
Upvoted because this is the exact message of my post.
An easy to use, non-crypto user friendly way to buy Steem directly through Steemit.com would be a game changer!
I've been watching people tenatively test the waters of bitcoin for a few years, but they tend to be either incredibly tech savvy, incredibly ancap, or both. But I'm seeing people learning the ways of Steemit and its platform who lack those two traits. Their incentive is their own self interest, their own ability to create wealth. Do you think steem could ever eclipse bitcoin for this reason?
Who knows what the future holds. I will agree with you that the average user of Steem is different than the average user of Bitcoin. For this reason, we need to build infrastructure around that user.
thanks. i did it in one sentence though ;)
i think not less of importance (if not more) is to have a value for SD - and a market is the most important thing
Openbazaar uses bitcoin (which has a lot more users than steemit) and the market only have an average of 8 transactions per day and its been around for months.
Now if you integrate a marketplace on coinbase.com you will see that the market's traffic will be huge compared to openbazaar because you use coinbase customer base directly.
That's why the marketplace should be on steemit.com otherwise very few people will use it.
@charlieshrem Regarding the price you can read my latest post and you will understand why the price is only going to go down from there, it might go up because of a bubble but it will shortly after get back to a slow downtrend. Basically there is no incentives to stay powered up. Whales who have been powering down continuously for months have a lot more steem power than when they started cashing out, the system provides people with unlimited ressource to suppress the price of steem.
Yes, they have alot more SP than before but also they have less percentage of the "total pie". With each power down their "pie share" keeps decreasing.
Selling 1% of your Bitcoins per week or Selling 1% of your STEEM per week is the same thing. STEEM is just a little bit more "complicated".
Vests are worthless if there is unlimited ressources to suppress the price of steem.
There are only two "unlimited" things and the "resources to suppress the price of STEEM" is not one of them.
[Edit]
If you are holding STEEM long term, you are doing it wrong! SP is the way to hold long term.
Not going to waste my time with you again as you clearly showed your lack of repartee and also lack of basic understanding of steem in this thread https://bitcointalk.org/index.php?topic=1618105.0
The only one obviously wasting his time once more here is me...
Can't say I didn't try though...