BTC is not a mainstream thing, as those 3-5 greatest and the most "visible" are. There must be some period of attenuation, for some "brave", easily obtained money to be invested into something risky.
During the summer/autumn 2018, when top tech companies lost their breath, BTC suddenly just dropped.
Concerning Steem, the reason is simple, you can't fall in love twice with the same person (*fMRI study, quite good). They are not able to project their growth to make it sustainable and they have no clue what is a roadmap. If you have no clue where you are, what are the goals and where you want to finish - you are Alice in Wonderland. And it's not a good place to be of you are a 100.000.000+ $ worth!
YouTube is chasing away some content creators. If Steem rulers still have a neuron or two, it could be a goal chance
Hehe my friend, to be honnest are we sure we still have a dev team in Steemit? I mean their delivering is so low. Even a part time programmer would do more... What we saw for the work of their dev team the last months? a downvote button? and the worst is that they look proud of it... I would be shy honnestly.
I simply think that Ned is living from the profit of the company done each month by selling their stake and it is all. We have nothing more than that on that blockchain.
So for sure we have dapps and a community but the main actor, STEEMIT is just ruining all the rest. They saw it short term on this project I think. It is a way to do it but they could have been able to make so much more money from it if it has been well managed.... But you know, if it is enough for Ned to have a nice life, why he would stress for more.... I think we are really in that configuration.
It certainly appears that way. It is a shame if that is the case. He was happy with a couple million while missing out on generational wealth if they actually built something of value here. If the steemit,inc team isn't going to be delivering anything of value, how do you feel about steem as an investment? Can it survive without them?
First of all, lot of crypto are not delivering anything and are still present and have value. So I see it only as a speculative investment.
The problem with Steem is that we have high inflation AND ALSO that Steemit Inc is flooding the market by selling its stake each month. We don't have this main problem on other cryptos.
So yeah it is difficult to have a correct judgement about Steem. What I know is that since the departure of Mr Larimer, nothing has been done correctly on STEEM by the current management.
I have just the feeling it is friendship everywhere in that company and that the goal is just to allow a nice life to the CEO and some friends till they don't have anymore stake. It is just my personnal opinion as we don't have any view on their spending and work (except very poor deliveries) but from a STEEM investor POV, this is the view that I have.
Yeah, how about something that any other social media have had for over a decade now, like the ability to set up notifications within the native environment? We have to go to 3rd parties to find those features, and honestly they're nothing to write home about. I just recently discovered Partiko, and it seems pretty good so far, but Steemit should have these basic functions, like years ago.
They are just not developping anymore STEEMIT for almost 2 years now. They are just enjoying their stake but it will have a end at one moment but it will be perhaps too late to save STEEM... You know they are not developping less than before (I mean very very little) while the Dev team is supposed to have been fired for most... I'm really wondering what was doing the full team...
It's a big question, what they really want.
From a logical POV, it would be to make more money.
As we all know, people are all but rational.
What would many people do, have a stable family, build a home, live in something sustainable... Or... Pick up a collection of STDs and have an affair worth nothing. Many people choose the second option. Several times in their lives.
Yep. If bitcoin plays catch up, we could be seeing 5 digits on bitcoin again soon.
If only Steem played as well as the others, but no, some devil possessed them :D
Yea I hope it is not foreshadowing things to come for it... Why do you think it has been such a laggard lately?
BTC is not a mainstream thing, as those 3-5 greatest and the most "visible" are. There must be some period of attenuation, for some "brave", easily obtained money to be invested into something risky.
During the summer/autumn 2018, when top tech companies lost their breath, BTC suddenly just dropped.
Concerning Steem, the reason is simple, you can't fall in love twice with the same person (*fMRI study, quite good). They are not able to project their growth to make it sustainable and they have no clue what is a roadmap. If you have no clue where you are, what are the goals and where you want to finish - you are Alice in Wonderland. And it's not a good place to be of you are a 100.000.000+ $ worth!
YouTube is chasing away some content creators. If Steem rulers still have a neuron or two, it could be a goal chance
They have had this chance for over 2 years now yet haven't done anything with it. The question is why is that?
I am hoping they just weren't able to scale, but I am not even sure if that is why...
I really don't know why?
Hehe my friend, to be honnest are we sure we still have a dev team in Steemit? I mean their delivering is so low. Even a part time programmer would do more... What we saw for the work of their dev team the last months? a downvote button? and the worst is that they look proud of it... I would be shy honnestly.
I simply think that Ned is living from the profit of the company done each month by selling their stake and it is all. We have nothing more than that on that blockchain.
So for sure we have dapps and a community but the main actor, STEEMIT is just ruining all the rest. They saw it short term on this project I think. It is a way to do it but they could have been able to make so much more money from it if it has been well managed.... But you know, if it is enough for Ned to have a nice life, why he would stress for more.... I think we are really in that configuration.
It certainly appears that way. It is a shame if that is the case. He was happy with a couple million while missing out on generational wealth if they actually built something of value here. If the steemit,inc team isn't going to be delivering anything of value, how do you feel about steem as an investment? Can it survive without them?
First of all, lot of crypto are not delivering anything and are still present and have value. So I see it only as a speculative investment.
The problem with Steem is that we have high inflation AND ALSO that Steemit Inc is flooding the market by selling its stake each month. We don't have this main problem on other cryptos.
So yeah it is difficult to have a correct judgement about Steem. What I know is that since the departure of Mr Larimer, nothing has been done correctly on STEEM by the current management.
I have just the feeling it is friendship everywhere in that company and that the goal is just to allow a nice life to the CEO and some friends till they don't have anymore stake. It is just my personnal opinion as we don't have any view on their spending and work (except very poor deliveries) but from a STEEM investor POV, this is the view that I have.
Yeah, how about something that any other social media have had for over a decade now, like the ability to set up notifications within the native environment? We have to go to 3rd parties to find those features, and honestly they're nothing to write home about. I just recently discovered Partiko, and it seems pretty good so far, but Steemit should have these basic functions, like years ago.
They are just not developping anymore STEEMIT for almost 2 years now. They are just enjoying their stake but it will have a end at one moment but it will be perhaps too late to save STEEM... You know they are not developping less than before (I mean very very little) while the Dev team is supposed to have been fired for most... I'm really wondering what was doing the full team...
Yep, why haven't they?
It's a big question, what they really want.
From a logical POV, it would be to make more money.
As we all know, people are all but rational.
What would many people do, have a stable family, build a home, live in something sustainable... Or... Pick up a collection of STDs and have an affair worth nothing. Many people choose the second option. Several times in their lives.
Well wouldn't they make more money by actually creating something of value that people want to use?