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RE: Take These Steps to Boost STEEM Price

in #steemit6 years ago

Thank you so much for understanding.
You were not alone. Many people think that the focus should be on curation. Upvoting and downvoting to keep the content good. The reality is after 30 minutes, no-one cares about any of the content that was created. All social media platforms struggle with good vs bad content. It is never ending and never fixing. Our system does work well because we are incentivized to curate content, but there will never be a fix. The number of users will help float good content to where it should be. Right now, we just don't have enough.

Compared to Facebook, Steemit is slow growing.

For example, in the first 6 months of Facebook, the number of "Active" users hit 1 million. We are 2 years old and not even there yet. Yes we have 1 million accounts, but we don't have 1 million "Active" users. Two years after Facebook hit the 1 million active users, they hit 12 million active users. In order for Steemit to grow as popular as Facebook or Reddit, then we need to have Billions of active users (not millions). That is a massive number. We have a very long way to go to catch up. The focus must be on growth and we cannot grow until the currency is widely adopted.

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For sure. I agree that the numbers need to be closer to the Billions than Millions but for what it is it serves me very well. I've always romanticized the idea of blogging but it's never been as easy at it has been with steemit. I love that steemit doesn't make me the product that they sell.

And with regards to the active users, the numbers will grow once the whole blockchain space grows. Facebook just got into social media. Steemit is trying to get into a blockchain space. I'll bet that as soon as blockchain gets integrated within our lives, may be 5 years from now, steemit will have a faster growth rate than facebook and will be catching up

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