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RE: STEEMIT: Soon we will be punching through 250,000 Registered Accounts and this is why I have set a MINIMUM Target of 650,000 Accounts by the End of the Year.
That is awesome. How do you think that will influence the reward trends compared to now if they are all new accounts. I mean what is the % of people that invest real money into steemit?
Love to get some perspectives on that :)
It is a great point to raise. We are still very much in the early days and at <$500m it is still pocket change to Institutions and Pension Funds. Wait until these boys want in..!! When they do, trust me, they won't be bothering with a few STEEM here and there..!! Stephen
Wow.... makes sense. And that will be great for all of us .....
Personally, I would think - and this is just empirical projection, of course - that once we get about 500k, perhaps 1m users the price of STEEM is going to roughly double. Perhaps even more than double - if it becomes more of a commercial exchange platform than it is now.
It is a good point to consider that each new account created can turn into a fully active member of the community, even if they just curate. If they also create good quality posts, then that only makes an even better platform with more and more different posts circulating around. At worst, the accounts made do nothing and in that situation, Steemit benefits somewhat as it now has a bigger userbase. It will be a combination of all of these, but the third situation will likely be the minority, leaving active members to make the platform grow. Just my thoughts.
100%.
I'd say, however, that a user who only curates is still someone I would consider an active member of the community.
I agree and have no quarrel with people who just curate. I used active users to describe those who create content because without them, the ability to curate would be greatly diminished and it is that connection that was what I was trying to allude to.
I see.
I believe curation is valuable activity too.