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RE: The Steemit 2017 Roadmap As a Table - the Super TLDR Version!
Do you think this roadmap will lead to investors buying in again and getting money back into our economy despite infighting and various other things?
This seems exciting--I guess my question is mainly whether or not historically if investors respond to this kind of news. I'm still new to this world.
Investors will come if people come. These changes seem to drastically improve the site and its appeal for the general user. So IMO yes it should, though maybe not right away.
I think it will certainly help. Generally investors (in the crypto community) respond really well to this sort of thing. The point is that it will require both the roadmap itself and actually delivering what is in it to get true investor confidence.
Your thoughts parallel mine, tho' I expressed myself more verbosely :-)
Nothing wrong with that:)
My take: It certainly could. STEEM has gone though a classic downtrend, the kind of downtrend that makes speculators leery about "catching the falling knife." Arguably, the bear market ended in early November and since then STEEM has flatlined.
In itself, that's not the reason to hope for the price to rise - but a flatlining trend does whittle away at a blocker to a new bull market. When sentiment is gloomy, folks sell into a pump and throttle it. (This throttling took place today, btw.) They do so because they think a pump isn't going to last & the price will slump again. When the market's at a pessimist-dominated bottom, that selling-into is a self-fulfilling prophecy.
But the number of pessimistic holders, so-called "weak hands", eventually runs out. Once their number is a small fraction of what it was, and once the remaining pessimists become more convinced that the bear market is at an end, the conditions are ripe for a real turnaround: a real bull market.
But the kickoff requires a catalyst. The roadmap might well be one - not in itself, but in its fulfillment. The altcoin world is basically news- and hype-driven: if one of the features, implemented, drives speculators' imaginations afire then we'll see STEEM rise again.
But not as a result of the roadmap itself, though anticipating it might well have driven STEEM up to >22,000. It'll be the features, plus speculators' imagination on what they'll make possibel
Investors will come in 2018, after the road-map has been implemented
I hope they come sooner than that: - but we will have to see.
If they build it, they will come.