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     5 years ago  

    I just read it.
    What do you think about that beta remove? Communication goal or you see really a big improvement to justify that?

    [-]
     5 years ago (edited) 

    It's not just an improvement in communication @cryptopassion.

    If you understand:

    1. Hivemind
    2. MIRA
    3. Separating the Steemit condensor from the Steemit wallet
    4. Ads launched on Steemit.com

    AND the fact that communication has increased throughout all of it.. you will realize that @elipowell already turned the Steemit Inc. ship around. Paying attention to the price fluctuations alone will only result in short sighted guesses.

    I am not sure if they already took Steemit out of BETA or if they will soon but either way, it looks like the time is about right. If you read some of the news updates by @pennsif you will discover that Steemit Inc. is planning to make major upgrades to the condensor now that the wallet is separated from Steemit.com (for security reasons).

    Their strategy before @elipowell was to use Steemit as a sample site and let the community take the lead and make better versions of Steemit that would reach mass scale, but under @elipowell's guidance, they are turning Steemit.com into a profitable business in and of themselves while offering API's to the masses so that anyone can create a competing DAPP for a super low cost.

    Most of Steemit Inc.'s costs involve paying for the API's that are offered to the many DAPPs out there. Having said that.. they have reduced the costs of maintaining the API's significantly with MIRA and various other things.

    Fundamentals + Technical Analysis of Steemit Inc., Bitcoin AND Steem can provide a clear view of the investment prospects of Steem, but missing out on any of them and only focusing on one (i.e. Only focuing on Technical Analysis) can practically make a person "blind" IMO.

    P.S. You are still free to join us at:

    1. Steem.ph
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       5 years ago  

      Hehe thank you very much for this big analysis. I will join your you on facebook today. I will write you a PM there. Take care

      [-]
       5 years ago (edited) 

      Thank you too and you're welcome @cryptopassion.

      Here are some of the major accomplishments that were completed after @elipowell replaced @ned (or around that time) :

      https://steemit.com/exyle/@exyle/steemit-com-is-officially-out-of-beta-steemit-inc-is-healthy-again

      I post screenshots of important articles like this in our FB group chat for the convenience of our members.

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