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RE: WTF HF20, we barely have any new accounts created since HF20... So let's just turn Steem into an exclusive Invite only Platform for now.
I think HF20 is really only partly to blame for the lack of new users. The bear market took hold and most laypeople are content shrugging off cryptocurrencies as a passing fad. Blockchain tech, even Steem, can still have a bright future ahead but it is so hard to predict how long this slump will last and what the catalyst is going to be to turn things around. You have a lot of passion and I hope the bottom to this market finally passes so we can move back up.
i just want to see @ned just use his own @ned @steem @steemit @alpha and other large accounts to claim free accounts and give them out to more users so we can speed up the process, in fact why not give the priority to users who can prove they own a large instagram or reddit or FB or twitter account.... create a signup funnel where we can have full time workers sorting through Applications and giving out instant accounts and MAYBE we can even build a front end to SELL extra accounts and allow whales to plugin with steemconnect and just like https://steeminvite.com allow whales to claim accounts but ALSO allow them to SELL them, either in bulk to a re seller or to open their own Website like anon steem to sell steem accounts for instant use......
Once we have people satisfied that they can get an instant steem account IF they deserve one OR if they can afford to just buy one, (And i hope $10 to $5 is the new more reasonable price) then people will see steem as an exclusive club and not mind waiting or paying to get in
If we can get that new account creation problem fixed, then of course i see only a bright future for steem, and unless there are peopel dumping it , and as long as our whales keep buying steem cheap, the price canot really keep dropping forever, it has to reach a bottom and then we will be wishing we bought more....
Remember, it doesnt take a steem account to trade steem on binance oir bittrex, just remember that anyone can start buying steem on binance and the more users do that the more steem will be worth! We WILl end up with a NETWORK effect, once we reach Reddit levels of users... and we wILl once we have communities(Hivem,ind) where we get SubReddits on steem, THAT will REALLy help grow our numbers.... entire subreddits will migrate over to steem....... THEN the network effect will allow us to reach our TIPPING point, and enough of a Middle Class will start buying up steem collectivly.... it could be Very fast like bitcoin prices in 2017..... it may TAKE steem a few years extra to move in this way.......