You are viewing a single comment's thread from:

RE: Are Investors Looking At What Happens On STEEM?

in #dpoll4 years ago

That's actually pretty thought provoking. I'd never thought of looking at this purely from an investment point of view and you could be right, it doesn't really matter what people are bickering about on the platform, so much as what kind of ROI there is. I guess if I didn't want to interact on here, then my approaches would be leasing or setting up an autovoter for authors who'd give a good curation return. Other than that, I'd want to know if it's a viable coin with enough longevity and demand. The fact that you can earn from your investment should be plus. Can you earn like that from many other coins?

Sort:  

Hey, @minismallholding.

I think the majority of us come in with the intent of using the platform, and essentially building our stake through sweat equity—time and effort versus buying STEEM and powering it up.

For us, the daily active users, we definitely care about all of those things. We want some semblance of fair play, civility, etc., while, hopefully, not expecting equality of results (since that never happens).

However, the person who has resources amounting to a couple hundred thousand STEEM or more, who could essentially invest it anywhere, to me, wouldn't care about what we pay attention to so much as long as they can get their passive ROI. Delegations would seem to be the way to go along with 'interest' earnings. Or even setting up the auto upvotes with a curation trail or proxy they trust.

And they would definitely want to know as much as they could about governance, direction, longevity, deliverability, etc., because those things make the difference between a long term investment and a fly by night, pump and dump kind of situation.

STEEM, at present, is fairly unique in the ways you can earn, though there are copy cats, and would be challengers hanging out there. So far, none of them, especially in the crypto bear market, is paying out in rewards what STEEM does. So, the answer is no, there really aren't any other coins at present that you can earn like you can with STEEM, with some asterisks attached.

Most coins depend on some form of the scarcity model, while STEEM is much more into utility. It probably could and should pay more attention to the scarcity aspect by doing something to limit the actual amount of inflation (it's about five points above what it's actually supposed to be right now), and getting SBD to the $1 USD peg again (or doing away with it entirely, take your pick).