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RE: Real Talk - Vol 7. - Are You A Steemit Sucker?

in #steemit9 years ago

Thanks for the shout out. I wonder sometimes if the Steem Power just creates a slow bleed instead of the common pump and dump we see in other cryptocurrencies. I also wonder if some of the whales don't really care about the price right now while the conversion between VEST and STEEM is increasing so quickly. In around 8 months or so, things are supposed to settle down there. Who knows what will happen though. I've been surprised more of my friends aren't jumping at the "Get paid to do what I already do on social media? Heck yeah!" proposition. Ultimately it's going to come down to user adoption and market demand for STEEM.

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Yeah, wondering if the slow bleed is worse than the pump and dump. My hope is that the user base will grow large enough that it all levels off, but that's a ways off.