Photo Credits: Lou Adler

My own take on Steem prices are abstract but calculated. So lets take some time to examine a few key relationship like Demand vs Supply of the Steem token and its relation to Steem platform. We would start with Supply because that's one part of the puzzle we know with certainty. According to CoinMarketCap Steem total supply is 276,724,539 with a circulating supply of 259,750,445. Demand is an unknown variable but base on Steem prices and 24hr trading volume it isn't great. We can all agree that we can do better on prices and trading volume. Lets get down to business end

First off, the marketing team is going about this the wrong way. Contrary to popular beliefs, Steem does not need a make over, it has lots of innovation such as Dtube, Dlive, etc that can create enough traction on the platform. The voting mechanism while not being perfect is working, earning was rough pre HF19. HF19 burst a juice of enthusiasm into the platform. This is my recommended change of tone

Rather than advertise Steem as this blog and earn free money, "advertise with content". Lets say we take a post from the Dollar Vigilante and run it in ad. We present the post explaining issues that he is touching and say in the end, Do you know you can continue to support authors like this and many more by simply purchasing Steem and powering up, even you can earn when you upvote content and probably you can start blogging on your own

You see how how that simple mind hack work, Dollar Vigilante pushes out some informative and great content, market it and let people know, a one off 100 dollar or 1000 dollar investment mean, they can always support him. What we are effectively doing, is taking notes from people who are familiar with the way patreon works. They support their content producers, the only catch, both parties are benefiting so Steem still beats Patreon

We have to think big, very big, I am talking about elections and supporting causes like the ones George Soros would throw a billion dollars behind. Now don't get all emotional, its George Soros I don't want that kind of money, let me explain to you, its only an example (lol). We need to get a few independent journalist on this platform, those that cover elections and covers issues/agenda/causes. Yep, folks that big money follows their piece, that's how countries election are decided, we get one of those heavy weights who can write a nail biting piece and pitch the idea to the financier, you know there a platform where you can take a million dollar stake and you could support me Mr Soros and we can potentially reach like minded people (Communities). We have a sweet thing going, from what I have seen Venezuelans and Nigerians are jumping on board, start pitching ideas to causes and groups pushing election results agenda. Yea I know it sounds wrong but that what is going on, why you think Facebook and Cambridge thing is so big. Before you get emotional on the issue, I am just showing the monetizing potential. In other words, skill and tactical writers can push their agenda here but they would need a lot of Steem power to get their message trending. Immigration is a hot issue and well finance, lets tap into it. Write about those things, get independent journalist on board and end the ad with "if you like to support work like this why not buy Steem, power up and upvote these authors, remind them they are earning as well

Controversial controversial: Use of SBD as effective monetary tool

If you thought George Soros example was bad this one is sour in lots of mouth. Again, I raise the issue of Demand vs Supply, everyone seem to have miss how effective SBD can be used to soak up supply of Steem. Presently there is about 276,724,539 Steem in circulation, roughly 14 million in SBD. People ask the question, why does SBD spike so hard and volatile when demand is high, its because its rare, a genius 2% to 5% claw has its supply in check. The flip side of this coin, there also exist a Steem/SBD internal market. Its probably Steem best weapon to curb its supply to get better Steem price. If we were to put some numbers into play, 10 dollar SBD is capable of removing 5 Steem at 2 dollars on the internal market. In my earlier post where I was showing Steem chart, I showed how the high SBD lifted Steem BTC value from 0.0001 to 0.0002. To achieve effective result, folks must be encourage to use the opportunity to buy Steem and power up, rather than a few simply upvoting and abusing 6 day comments to effectively cash out from the system. I have a couple ideas of getting around this as usual, I am on discord or Steem Chat for those who are interested. Like with everything else, once demand outweighs supply, the bias is always on the up.....

Until next time, Steeeeeeeemmmmmm onnnnnnnn.....

Remember you can support me by buying Steem, powering up and upvoting me