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RE: What Would Boost The Price Of Steem? - Sponsorship? - 575
SteemIt would need to get rid of the whales.They are bad for various reasons. Not only do they have most of the power some of them also have delusions of grandeur.
For the latter you don't even need to be a whale. There are enough orcas and dolphins who thinks they are gods gift to the blockchain and don't you dare criticise them.
But instead of curbing the stranglehold the 0.1% have over then blockchain Steem is adding gratis downvotes. As if we don't have enough spiteful downvotes already.
Steem is at 20 Eurocent. A good price to buy. But I don't.
BTW: The downward trend for postings (excluding comments) is even more pro fund.
I think the main problem is the low price of Steem and I think Steemit Inc is the main seller of Steem. They should sell internally and not on the markets where they kill the price.
I completely agree. That downvote stuff is completely BS. I also don't agree with lowering the pay outs for content creators.