HF20 is about to be released in little over a week and many people are talking about STEEM and some are really concerned about the STEEM price. BTC went from $20,000 to $6.500 but STEEM has gone below where it was at when BTC was below $5000 and everybody wants the prices to climb to that $7+ mark and beyond.

But STEEM isn't Just Some Investment

STEEM distributes 75% of freshly minted coins to authors and voters. The value at the bottom of your post isn't USD but STU. This amount is equal to USD when SBD is trading exactly at $1. Unless you power up 100% this amount is split 50/50 and first half is given in a combination of SBD and STEEM and the second half is given as VESTS(SP).

Let's Do Some Math For A Post With 12 STU

SBD Print Rate: 100%
STEEM Price: $0.50
You Get: 6SBD + 12 STEEM

SBD Print Rate: 50%
STEEM Price: $0.50
You Get: 3SBD + 18 STEEM

SBD Print Rate: 0%
STEEM Price: $0.50
You Get: 24 STEEM

SBD Print Rate: 100%
STEEM Price: $4
You Get: 6SBD + 1.5 STEEM

SBD Print Rate: 50%
STEEM Price: $4
You Get: 3SBD + 2.25 STEEM

The Advantage of Low STEEM Prices

Less people stay engaged with the platform and the funds are distributed among a smaller group of people. At lower STEEM prices, you'll actually be collecting a lot more STEEM from your payouts. With all the SMTs under development, STEEM is going to be a lot more valuable in the future and lot more people are going to join the platform. If 300 million accounts are created, one account will have on average, less than 1 STEEM.

Don't think of low payouts as something terrible. Instead, think of them as buying in while prices are low.

Static Prices are The Best

Some would prefer STEEM prices to tank so that they can acquire more. But those who are using post promotion services would be loosing a lot of money when the prices go up. Steady prices help minimize losses and even make an extra profit.

Why It's Hard For STEEM To Moon

This is mostly because we are a social media. We don't waste our time on other inferior social media and we don't bother with Reddit much. I don't even think we have any Telegram or Discord presence except for the ones for communities already formed on STEEM Blockchain. So nobody really knows what's going on and they don't know what's coming.

Competitors

They don't exist. They really don't. Steemit, Inc did the right thing. They changed what STEEM was meant to be. They made this into a project of being Ethereum for Social Media DAPPs. Now we are slowly witnessing new social media projects popping up. Guess what, STEEM already has about 15 of them within itself. We have a clone for practically everything except Snapchat and we have our own Kickstarter clone. So fear not. Be strong and HODL.