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RE: Open Letter to Bidbot Operators
We might be talking about the order that we think these dynamics play out. In which case, Its probably accurate.
Users with Great Content brings Investments which in turns produces great rewards for the users.
So its like a little cycle...
How the wheel gets started, that might be our point of disagreement.
But unfortunately Steem reputation is slightly stained due to many things.
All of that affects the investments, and the price.
You forgot the ninja mining... some people can't get over how this whole thing started.
I remember bumping into a post by @inertia back in the day that made a lot of sense to me... and honestly as simple as that, I got over the ninja mine thing.
That was far before my time, so id really need to read up what exactly was happening to understand why people are mad at it.
I only heard you lately mention that.
Well i think the wheel got started because there was a belief that the founders and creators of the idea of Steem would deliver what they promised to.
When it comes to attracting investment, the token that shows it has the ability to fulfill its core goals (and offers value) will do better.
Had Steem completely succeeded at its goal i think we would be looking at a completely different picture in the market cap list.