HELLO STEEMIANS I WILL TELL WHY IS THE PRICE OF STEEM GOING DOWN WELL I WAS DOING RESEARCH ON STEEMIT AND STEEM LETS BEGIN
WHY IS THE PRICE OF STEEM DOING DOWN:
PEOPLE ARE ONLY AFTER BIG PAYOUTS AND THEY DO EXCEPT THAT FROM THEIR POST
- As new people are joining steemit and steemit is growing more and more and its gaining a huge amount of people , all the people who join steemit are directly after high payouts and when their post doesnt make that much they decide to leave steemit. after that they go back to the social media platforms where they are supported on and they blame this platform but i know its not easy to make alot of money at once all you have to do is work hard
- so you have to work more then hardwork on this site to be successful because noone got successful at once on this site because the people before us are now making 100s of dollars on steemit and maybe then we will see more people supporting a wider variety of content.
WHATS HAPPENING TO THE PRICE OF STEEM WHY IS IT DOING DOWN MORE AND MORE?
The price of STEEM IS $1.04 right now and you guys would have noticed that steem price is dropping at a high rate day by day and the payouts are going down each day. and you know that STEEM AND STEEM POWER are mostly the same they act the same and when the price of steem drops our payouts also drops and many people are upset with it . but it seems to me like both are correlated. but i think the price is much lower then it should be , because it was $2 when there was almost half the users that we have now (600k users) because of the the people are selling steem off and the price is getting low day by day
, and each day we are gaining more and more steemit accounts and the website is gaining a high community , because last year people were getting paid more becasuse the price of STEEM was about $4 and people aren't earning as much as they were before so that could be why the price is down as well.
SO WHATS THE SOLUTION FOR ALL YOU HAVE TO DO IS MAKE YOUR POST COUNT AND WAIT.
You know that we can post as much as we want but thats not the solution to it because all you need is to put all of that time in your few posts which will make you more and all you have to do for now is build your community and gain the variety of followers which will earn you more and stay positive because the price of steem is gonna go high in no time
HARDWORK ALWAYS PAYS OFF
STAY TUNED FOR MORE UPVOTE FOLLOW AND RESTEEM
That's the real problem, people are trying to get rich in a week with no investment at all. Steemit is not promising thousands of dollars because of posting or commenting or upvoting (you can? Sure but its not the average) all Steemit is doing is monetizing something that people used to do for free.
Getting paid 30 cents or so for something that you used to do for free in Blogger or Facebook, it adds up. But if you invest a lot in STEEM POWER or start a witness campaign to run a node, great, you can make good money out of it but you have to give something back to the community.
I think people are misunderstanding the purpose of this platform, if you want to make good money out of nothing, just be patient, grow a network, and provide good content that adds value to the platform, then you're going to see the bucks coming.
STEEM ON and have a great day.
same here i totally agree with your points
I think the price has gone down becasue everyone is getting into BTC for the impending fork for free money. Steem will recover after the fork.
i totally agree with you because when people sell steem , steem will decrease at a high value
More STEEM gets created everyday as content is created and blocks get mined to reward post creators and curators. Total STEEM supply is increasing and so is the user base and value of the platform. That equilibrium should set the market price.
How will this token inflation change over time and what is the long term impact to the price of STEEM tokens?
I'm here, I work and will work. I think the incentive is not enough advertising in other networks. Today I saw an advertisement in a major Russian magazine and it pleased me. Our resource will live, I believe in it!
Including I plan to start mining. Steemit is a prospect and I believe in it, it is a unique resource.
Totally agree with you.
It's not going to be amazing from day one and a lot of people do as you said in the main article, but that does not matter because many people will also stay. Many people also do not come for money.
They come for the decentralization of power and the incorruptibility of the steemit blockchain.
I believe in steem too, it's a great and unique product.
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thank you
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Good post.... however the reason the vast majority of people who join steemit don't get any traction is really simple, it doesn't matter how good a post is, this platform always drives traffic to the same people.. and a culture has developed of paying for upvotes .. just look at the comments on this post.. its all about money, and to be honest I don't see this platform lasting in its current form.
people who come to steemit they all are after money
The new steemians who came and then quit probably didn't move much currency into STEEM to have enough to cash out that would affect the price. I'm going with Bitcoin Hardfork. After that, some crapcoins will not recover, and others will do better. Steem has a good chance of being the latter.
but bitcoin is also increasing at a high rate there is also a big disadvantage that it might go down