"Some folks like this platform a lot and want to see it succeed. Those are the people that I think are most likely to put money in the pot now. "
"They aren't savvy investors."
the platform has to pay for the cost of the system ... 1st ... and it must test the 'witness' group by making it unprofitable for a long stretch.
i see a long run at the bottom. and you're right some of the better of the bloggers are going to sink what little USD they hold now and get burned. that will reduce the content quality as they lose hope/money.
the price will drop to $0.01
HOPE is finding some rational business model at the bottom. Perhaps the 'promoted' feature starts to generate revenue.
Likely be a pay to play pitch too.
promoted post was a failure.
Yeah. Pretty sure all whales have abandoned me. One exception might be Smooth, but it appears that's a 1% vote or their voting power is always low. Nobody likes a critic. Oh well.