DAILY STEEM REPORT APRIL, 10TH ( STEEM 0.15074$ )
Now after they announced marketing, where do you think the Steem price will be by the end of june? Daily new accounts is increasing a lot lately, Authors are decreasing .... guess nobody likes to write at the moment until the Rewards pool getting back to normal, what you guys think about it?
Is this big change in the rewards pool due to HF18. What happened?
We dug a much larger reward pool which is enough to hold 30 days worth of rewards (before it was just 1 day's worth). It takes time for the pool to fill and payouts to normalize, but once they normalize the amount of rewards a post gets per rshare will be less volatile each day. The main reason the change was introduced though was scalability/parallelization.
https://steemit.com/steem/@steemitblog/important-notification
Not much writing or voting. I remember when you took your break from posting the report the price went up! 😂
So you suggest that I stop the Report for a day or two and the price will skyrocket? :)
Never know, Steem is just not liquid enough yet. Price can move quickly in either direction.
We all want to market it and price to rise fast . The truth is becareful what you wish for . You better have all the Steem you want already vested or else you might be rushing to buy more and get burned .
There is truth to what he's saying but not in a directly causative way.
If you accept the premise of contrarian investing, it is when everyone is depressed/despondent that the trend usually changes and the best returns can be made. When you are depressed/despondent, that is when you stop posting.
It seems like it will take quite a while for the rewards to fully normalize. I believe that price will follow users moreso than precede them, but when the rewards are back and as long as distribution of rewards/influence is still good, we will have a virtuous cycle were users -> price increase -> more users -> more price increase etc. until it is not sustainable any more and we crash, but we crash from a high level.
It does seem like rewards will take longer to come back fully than what was initially believed. I think that as long as the speculatively holding price stays above 10c for the next few weeks, we should see another run up in both users and price during May/June.
We just have to be patient, good things need their time :)
I keep writing and posting hoping to drive the reward pool up a little. I'm still optimistic about the platform!
Thats the spirit :)
I'd still like to get some badges.
https://steemit.com/steemit/@elyaque/free-steemit-badges-overview
I don't know how to get them on my page and I'm not really sure which ones I'm eligible for.
The crowd doing some marketing of its own is what I think, coincidentally posted 5 minutes ago 8-).
hehehe, upvoted :)
This post has been ranked within the top 10 most undervalued posts in the second half of Apr 10. We estimate that this post is undervalued by $1.37 as compared to a scenario in which every voter had an equal say.
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Where did they announce about marketing?
https://steemit.com/@zurvanic