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RE: Why I Am Rooting For Lower STEEM?

in #busy6 years ago

I think the issue is that a lot of people are sellers. They can't afford to buy, and came here because they heard it was a place you could earn then sell.

Of course, one could reasonably argue that we don't want to please those people. That's not the community that builds longterm strength for a platform. People are invested in Facebook no matter the stock price because they aren't on there expecting to earn FB stock they can sell. They're on there to see funny cat memes, vacation pictures from friends and family, and share trivia about what's going on in their lives with people they want to stay in touch with. Their goals there really are unaffected by the price of FB stock. Not so with STEEM.

Really the issue is that this platform is needing to transition from one where people come to see how much cash they can extract to one they are attracted to in order to fulfill human relationship goals, where the potential profit is a great bonus. I think that will happen. Transition periods are always uncomfortable and maybe a little disappointing. I've been disappointed by losing so many of the international commentators on my posts, though I've gained more Americans.