True, but that is assuming that every newbie has to buy himself or herself Steem Power. That said, I do understand the other narrative of finding it difficult to find exposure here when you are new without SP.
Now, my point is that if you are a newbie worth your salt, would the upvotes from others be of a higher value when Steem is at a higher rate? A good example would be @curie whose upvote value went down drastically as Steem fell from USD 1 to 0.3. These are whales with the right intention and a higher Steem price helps them as much as the people they are voting.
Lastly, a higher Steem price will attract more investors and users. Today we know whales are selling like no tomorrow to exit (therefore the price depreciation). But on the other hand, maybe new whales will come in. The possibilities are many. Maybe, a writing house for articles, publishers, production house (wouldn't that be cool) can come in.
Today we are in a small pond trying to make things work within these limits. When price goes up it brings up the possibility of make Steem an ocean. Not to mention, your own current SP will have ten times the worth.
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Dear @oivas
Every newbie pretty much NEEDS to power up at least 40-50SP in order to have a chance to even "test" Steemit and drop few comments a day.
Would anyone delegate his own SP to new users (having 15SP and almost no activity yet)? I hardly doubt so.
So powering up is a must.
I understand and fully agree. For those who would establish their position on Steemit higher price would be amazing.
Yes and no.
It will attract investors, but not users.
New users will quit right away. The only rescue from this situation is simple: Steemit Inc. would have to change Resource Credit algorythm and make it easier for beginners. But I hardly doubt they would even consider it.
Yours
Piotr
I do hope that the HF21 has something better to offer to newbies. I haven't read much about it yet. Let's see.
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