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RE: this is the simple reason to steemit becom the best

in #steemit7 years ago

Are 'record profits' really the goal here though? To my understanding, the whole point of Steemit is to provide democratic and merit based interface to bring the best content to the top.

I'm not too sure what you mean by attracting financiers and injecting huge sums of money. Profits are only realized when you sell STEEM/SBD on the open market and that selling price is widely dependent on overall BTC/cryptocurrency market prices. So I'm not sure it's entirely on STEEM's transaction sizes or user adoption that are driving anything unfortunately.

In fact, if you look at STEEM user engagement data, you'll noticed that site traffic peaks when STEEM is on a rally, and subsides otherwise. To me this is a HUGE problem indicating the model is not working in driving organic user growth. People are not here and do not stay for the good content, but to check it out, make a quick buck and leave.

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sorry, The reason for the rising value of Steem in the currency market is the turnout of capital on the purchase of Steem

Even with an injection of capital from institution developing STEEM's price, don't you think that it's concerning that user traffic has plateaued or only rises in times of cryptocurrency rallies? It's this basis that needs to be developed if Steemit or Steem's ecosystem is to be successful.

thanks my freind :)

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