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RE: Why Steem user / post count is currently irrelevant

in #steem6 years ago

With Steemit basically being in the infancy stage of development people must be patient. I can understand the lack of motivation to post, if in fact your only goal is to make $ now. I am happy for being fortunate enough not be in this position. I enjoy the interaction and the different opinions by community members. The one thing that I do not get is the math of it all. If you really do not need the daily payouts to augment your income then the upvotes and the $ that accompany the votes is directly relative to the price. With Steem being at about .80 it is a bargain. As you accumulate Steem, SBD, SP and can continue to bank these assets at the discounted rate, they are like other investments you may have. You may not see the returns at the moment, but down the road you never know!

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If you really do not need the daily payouts to augment your income then the upvotes and the $ that accompany the votes is directly relative to the price. With Steem being at about .80 it is a bargain.

It is like any investment, people are risk shy. They are happy to pay 5 dollars a day for coffee (6 steem) but unwilling to buy a few steem with the same money. The difference is that they 'get a coffee' in the transaction which makes it seem worth it. Even if Steem was 7 cents again, very few would actually buy in. When it was 5, they said they would buy at a dollar.

Exactly.

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