would be more credible if you wasn't powering down ;)
the problem with Steem is that it has currently little or no use.
with Facebook shares you get shares, a cut of the revenues.
with Steem what exactly do you get? You only get a chance to earn from curation rewards, but that requires huge investments for little return and fierce competition against bots.
originally steem power was also useful to promote posts, but now with all the various tabs in the top bar the "trending" section is not as important as it was. Infact using Seem Dollars is probably more cost effective for promoting posts than steem power.
there's no requirement to buy any Steem to participate in Steemit and profit from it as a blogger, so even if growth continues it is difficult to see where the demand for Steem could come from.
I hope the devs find ways to add value to Steem Power (especially powered up Steem power) cos presently the value is hard to see.
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The platform is still in it's infant stages. More things can easily be added down the line to give SP holders value off of a large user base.
do you own any shares in Facebook?
no. just making it obvious that Steem coins aren't shares . so the comparison TDV makes to investments in Facebook and Twitter is irrelevant. We saw the value of Steem doesn't really seem to be correlated to the growth in user numbers on Steemit. Frankly I'm not sure what could bring demand for Steem coin (and Steem Power) as it doesn't have any compelling use apart from curation which is only profitable for whales.
Ding ding ding
Also, did some of you miss the massive sell-off in the past few days by certain individuals? It should raise some honest questions.
I am just trying to be realistic from what I have see going on rather than speculating, this seems to be a nice diversion though from recent events.