Where is steem going to?
Greetings friends!
I have spend more than 7 years on steemit. This is an achievement for me but this is also a moment of thinking that what I have achieved in reality here. I invested $500 after I opened my steemit account. I could purchase less than 200 steem tokens in that time as in the first quarter of 2018 steem price was very high.
So, my journey was small. One time I had less than 200 steem tokens and now I have more than 3800 steem tokens. It seems a great achievement for me but wait: Is this really a great achievement? You'll argue that acquiring 3800 from 200 steem tokens is a good return. It is 19 times in 7 years. But what is the real value of these tokens? Let me explain it.
I invested $500 and purchased less than 200 steem tokens. Later invested more. Despite writing so many posts and spending so much time, I have just 3800 steem tokens. This doesn't end here. As I have already written that I invested $500, later invested more and spend so much time but steem price is decreased a lot since then. Present value of my steem wallet is just $514 as you can see in the following screenshot:
You can see that I am in a loss. Once steem blockchain was among the top 100 cryptocurrency and now it is the 457th in ranking. It is slipping down and down every year. This is not a good sign. It means steem blockchain is getting rejected by the crypto world! Developers, witnesses and every user should find out a way which may make steem great again.
Thank you!
Special thanks to @steemcurator09 for curating one of my comment.
What can I say? Not: write good content and you will receive a big reward. It doesn't work that way. You have to be noticed or bring along a huge investment of Steem (or do some tricks, jumping or crawling through a hula hoop LOL).
We all have our thoughts, some have ways, do things others will not do for a truck load of gold.
I agree it's not much if you compare it to many others during all those years. We spoke about it (posts, comments... giving upvotes, receiving them).
I hope the year of the Snake (creativity) will bring you something good. Starting with friendships through commenting might be a great start.
A good Sunday/week.
Thank you so much. Sorry for late reply.