RE: Why Buy STEEM? And Why Buy STEEM!
What are the things, right now, standing between you buying more STEEM?
Confidence that Steem will work, largely. I see all of this talk blaming the price for user/content degradation, and how we're just waiting for the next BTC spike, and it's discouraging, because if Steem doesn't work at $0.80 (or $0.25 or $0.07) then I don't think it works at all.
If I'm just putting money into something that needs to be propped up by Bitcoin, there doesn't seem to be a lot of point and I'd be better off doing something else with it.
I had $6000 USD in pipeline to become Steem Power if hf20 went well, and then it really, really didn't, and now that money is just sitting there while I have a hard time figuring out which direction I want that pipeline to move. Some of it that's in SBD is going to become BTC this week because I have $600 I want to spend in BTC and I'm not holding any, but that's not really progress.
Good feedback. Though I’d say that, ultimately, HF20 was a good thing and we’re in a better place now.
Yeah, the implementation was rough, but the end result is a big positive.
Technologically that may be true - though there are still some interesting emergent behaviors happening around the early vote penalty - but philosophically it very much isn't. We learned a bunch of scary things from the hardfork process:
Apart from some efforts on the code front by mid-tier witnesses, none of this has been addressed, and each of them on its own is very much a "run" signal to me. I'm trying to be patient about wanting to see some movement on these issues, but we're getting to the point where it's not looking good.