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RE: Bloomberg Technology Posts Follow-Up Article Focusing Upon Flag Wars

in #steem7 years ago

What could we have from this? - total dilution. Those who already have could survive. But what about the new comers trying to settle in this platform. Those who's upvote is worth less than $0.01?

That is true. But, dilution from more activity has a net positive effect. To start, there is a lot more going on which would, at least in theory, attract more people. Also, with that many more posts each day, we would see more organic traffic since the search engines would have a lot more to index.

So wouldnt the net result be that the price of STEEM increases? So in real terms, at least for those who are using the currency to survive upon, trading STEEM to fiat would yield more since the price would be higher. Sure it is possible that it wouldnt be...but that exists if what is presently taking place escalates and word starts to spread that this is a site of attacking and people trying to sabotage each other.

And I think we all suffer since this place has the potential to impact millions of people in an uplifting manner. Plus, from a financial standpoint, we will see everyone with SP affected if it spreads to the point of sending the price of STEEM down.

I am not saying it will, just that it could.