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RE: Haircut is around the corner unless STEEM price is above $0.245

in #utopian-io5 years ago

I wonder if having ad revenue generated by the various scot front ends would also help bring in additional revenue that can be pumped into the ecosystem. Apart from people buying to power up, SM cards and ade revenue, I don't see many other income streams here

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I think one major problem of steem is powerdown takes too long, so not many people buy it to power up anymore, and scot market size is still relatively small. I actually did some analysis on steem-engine, maybe i'll post it some day.

The Powerdown also artificially boosts Steem price as people wanting to sell do it in various times IMO

Sure, that's why Steemit Inc doesn't shorten it :) But in the long run, especially for people who experienced this kind of drop and haircut, they will not considering powerup seriously. So ironically, the haircut situation is a good time for a change. But of course, I don't expect that Steemit Inc would consider that :(