This is why steemit has soooo much potential, in my opinion. at this moment, the reason the steem price is down (in my opinion) is that too many people have made easy money and they do not either realise the true potential of the platform or they do not care about keeping enough steem on the platform to keep the price high, so they sell their steem, which pushes the price lower. My opinion is that instead of selling steem, it should be loaned or delegated so that the many many thousands of minnows can work on their own projects (which will create added value) and really deploy the full 350Mn dollars of value sitting dormant, currently not being used to support anything on steemit apart from multiple figures in people wallets. I hope you dont mind my rants, but i really feel passionately about this and appreciate you taking the time to read my thoughts, and try to undertand my points (however crudely they are presented ;)! (you get my upvote for that!)
This is why steemit has soooo much potential, in my opinion. at this moment, the reason the steem price is down (in my opinion) is that too many people have made easy money and they do not either realise the true potential of the platform or they do not care about keeping enough steem on the platform to keep the price high, so they sell their steem, which pushes the price lower. My opinion is that instead of selling steem, it should be loaned or delegated so that the many many thousands of minnows can work on their own projects (which will create added value) and really deploy the full 350Mn dollars of value sitting dormant, currently not being used to support anything on steemit apart from multiple figures in people wallets. I hope you dont mind my rants, but i really feel passionately about this and appreciate you taking the time to read my thoughts, and try to undertand my points (however crudely they are presented ;)! (you get my upvote for that!)