You are viewing a single comment's thread from:

RE: Steemit Is 100% Sustainable

in #steemit6 years ago

No Cap means it is an inflationary currency, which means it runs the risk of becoming absolutely worthless.

Traditional Revenue - I would actually love to see an opt-in system to advertisements. Content creators could opt-in to them to get some reward past the 7 day payout period, and readers could opt-in to seeing them across the site to get a tiny share of the revenue generated by the ads to which they are exposed. This would also bring another revenue stream to the platform and increase its worth overall.

Daily Rewards -
I mean, as much as we don't want them to, prices can always go lower.
I'm still optimistic that we are all early adopters here, and numbers will just continue to grow, but reality is a very different creature.

Overall, still optimistic, but I definitely think we need a few tweaks to the current system to enable and empower in a way that generates more compound value.

Sort:  

no cap in value I mean. There is a cap in volume. And there will be less steem printed every year.

I agree that the ad option is something to look into.

True but I really think we are at the low end (or will be in a month or so) in prices. But you are right, need to keep your eyes open.

If you monitor the website steemdown.com you would have seen a lot of whales powering down their steem power for steem when the price was back up at $4.
Knowing it is a 13 week power down you could see that the price is down due to a lot of that steem being dumped onto the exchanges.

Once that supply is gone the price will slowly go back up.