Steemit, Bright Future or Shutdown?
Hey guys,
I'm back with another post about this extraordinary platform - Steemit. But what about the future of steem? Well, no one knows for sure what's going to happen to this platform. But I've enumerated the possibilities and some simple steps you can follow to keep the chances of steemit's survival at a maximum. I personally believe in a great future of Steemit, however we can make it even greater and avoid any danger of a shutdown.
The future of steem depends on the activity of it's users. Steemit works like this: they have the cryptocurrency steem that they sell, that has value in people's eyes and use on the steemit platform, for more steem power and sbd for advertising your post and possibly making profit with it. That means you have more influence on the platform, your upvotes mean more and therefore you'll get a bit more popular. They(the steemit creators) could have another source of income in the near future, namely advertising people's products(like facebook ads).
The problem is: more people join steemit in the hope of making money while less people invest in the currency steem, because it's pretty complicated for the average user and they tell themselves better just post something and get some steem that way. As the platform is getting more and more popular, people will eventually find value in the steem currency and it will explode in price, or lots of people will join and less will buy the currency, resulting in steem getting worthless. It's a gamble. But you can help yourself have better odds at the gamble by helping the platform in this 3 ways(+1 I've thought about today), as I mentioned in my last post:
1 Buy steem, power up or hold. You will support the platform and the Steem will eventually get much more valuable.
2 Tell ALL your friends to join steemit, tell them how great it is and tell them to invest 10$ in the future of steemand also do it yourself.I've told 4 of my friend about it and one has already joined it and we'll buy some steem tomorrow together, 10$ each.
3 Upvote only high quality posts. Skip upvoting mediocre and useless posts and this platform will be much greater.
4 Make your posts power up 100%, or hold onto your steem. Don't sell it, or put it at a higher price.
I hope the best for this platform and for you, steemians. Let's keep this great platform going.
PS: If the price falls a lot, buy lots of steem then and it will probably rise , so my odds for steem are 80% success 20% failure.
Yours sincerely,
Johnny Da Baus
i am new here. if anyone interested to know about iphone8 so check my post and follow me here
https://steemit.com/iphone/@rozeeroti/iphone-8-new-design
Hey man, great post. I have a question since I'm so new here. Why should I do power up 100% instead of the 50%/50% split? I'm not skeptical. I really just dont' know the difference between the two.
at 50/50, there are steem bid dollars being produced, and you get a part of the steem and the voter also, so the inflation grows, there are more dollars in total but the same usd value to be paid, so steem gets less valuable, meanwhile power up 100% you only get influence power, no dollars are being created on the spot but you can later upvote your own posts and get more sbd. I could be wrong but I still prefer power up 100%, get more influence power. There is only a minor difference between the 2 but advertising yourself, getting your post out will definitely get you more sbd. I don't currently have time for that, but if you found this helpful I'd be hapoy if you resteemed my post to let other know how to help steemit.
You shouldn't, making a 50/50 split is better as long as SBD is above 1.00$. 50% will come as SP the other 50% in SBD, you can sell on market for steem and power it up to receive more SP.
I enjoyed reading this article. I keep thinking about Facebook and how much I dislike it as each day passes. I think my Facebook feed would be filled with less awful posts if my friends were negatively reinforced for posting things that people do not want to see.
I think it would be awesome if people I know started posting on here and there was a way to curate posts so that I can go one place to just see what my friends post and go somewhere else to see posts about the things I'm interested in from people all around the world.
I enjoyed seeing postings about people I know in real life that was related to what they were doing and with images of their families enjoying life. Those posts are few and far between. The negativity also runs rampant.
I've notice an amazing amount of positive interaction here and that will keep me here regardless of financial incentive.