We're storing 500k steem on the exchange, we've seen a few million SP go into voting bots. We're giving use cases left and right to Steem that never existed before. The problem is that the vast majority of posters get their Steem and dump it right as soon as they get it. People need to see that there is value to holding it. When that mentality shift from simply earning to earning to invest in steem and its projects then this price will turn around.
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And Content Consumers/Voters need to look at who is dumping steem and stop voting on their posts. Instead look at who powers up their earnings and reward them instead. If someone isn't interested in the long term view then why care about giving them a vote?
yeah that sounds good on paper but No one is gonna check to see someoenes market records before giving them an upvote dude :D and if someone wants to sell their stake, dont penalize them, youll quickly run out of anyone to upvote if you refuse to upvote people who sell any of their own tokens..... if you want to reward people who power up their rewards, ask @aggroed if there is a 100% Power up logo for posts chosen to use 100% power up, like the little steem logo that shows up next to your posts, or used to at least, i havent seen it in forever :D It makes no sense to NOT choose SBD liquid payout especially now with @likwid offering 98.5% of your rewards in full liquid sbd and steem when you post on Steempeak.com or any frontend that allows free beneficiary rewrads so you can set them to 100% to likwid ... anyway i also think thats a great feature to partner up with scotbot and i bet you @transisto has already thought of that, i wonder if likwid works the same or can work teh same for scot rewards...
heheh I wonder if theres gonna be a great big Steem Viz type site for showing all the "TRAITORS" who power down their scot rewards :D like maybe we can MAKE a Sscot bot tribe that SImply rewards everyoen who ha sthe most proportional staked tokens , and keeps trackof peopel who have NEVER powered down, never unstaked, and who buy and stake the most, and rewards THEM with like a LOYALTY token....
and thsi way we can more easily keep track of who hasthe most loyalty to scotbot tokens... anyoen who has like 10+ of the major scotbot tokens staked can get one of these loyalty tokens staked, liek atag, maybe we can set the unstaking process to eb as LONG s possible like multipel years, so when soemoene gets sent this token staked, they will take forever to unstake and remove it. We can also TAG our enemies with tokens to let peopel know they are a scammer etc, scammertoken can be a utility token on steem engine to allow us to stake to an account using steem-engine.com 's nice little staking feature where you can choose ANY accpount to stake a coin to, and youc an then stake a coin that identitfies someoen as a scammer, and we can make the coin very expensiove anmd rare, and not ever put it on the market, make it so its iimpossible to generate mroe even if you have 1 stakedm, make it so you need so manyto generate just oen and only the whales would have that power, to identify scammers, etc, it could be useful if used correcytly.
What logo was that? I'm lost...lol
As for those who keep powering down and selling all their earnings...I just can't understand the mentality and don't want to reward it. If people would slow down selling a little we can see a recovery in price.
I am starting to implement simple metrics in my @we-are bot to slightly prioritize posts that are 100% SP rewards rather than 50/50. I'll consider account HoDL/power up metrics later. We should support those that support Steem.
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Don't get me wrong, I love steem-engine, it's something that didn't exist and now adds a whole new dimension to the blockchain, but its as you say...
I still feel we have more falling in the price of the master token before things get better.
BTW... a big well done in turning SteemMonsters around.. you may recall my remarks to you about it once..., I'm now an avid fan again. That is due to DEC and the new (small set) of cards via the Orbs.
I hope you have further plans for the game. That could well pull external non-STEEM people into the blockchain.
ok so if you love steem-engien why are you trying to bring up this idea that it is somehow hurting the steem price? come on... you should be explaining to people how it HELPS the price, and not because of ANy numbers youc an read now, its because it creates a reason to even JOIN steem and have a steem account with SP! everyday i seem to be getting another few dollars worth of some airdroped steem engine scotbot tribe thats opening up.
That's great to hear but the life long abusers, you know who they are, that parasite this system still go unpunished 😔
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Is this observable through any analytics? Not an accusation or anything, it just seems like everyone has their idea about what the problem is and I'm just wondering if anyone is taking a big picture snapshot of activity so we can get a better picture of what's really going on.