It is fair to say that a majority of the Steemit community have welcomed the changes implemented by hardfork 19 with open arms. There has certainly been an increase in the value of posts, with the trending posts almost doubled in value overnight.
You would think that the positive mood surrounding the changes would see the price in steem rise. This is clearly not the case, with the price of steem at the time of writing this post dropping from $2.31 to $2 and dipping below a strong resistance point at $2.10.
There has been a dramatic increase in the number of minnows commenting on posts....... taking advantage of being a more important and valued part of the community one would suggest.... However most are now taking the opportunity to upvote their own comment 100%, and a minimum upvote on the blog, if upvoting at all. Sure there are plenty of resteems.... But these don't diminish voting power (although it's always nice to share) Hardly a valued member of the community..... merely taking advantage of the new changes for their own personal gain!!!
It seems that Steem has taken a massive hit following the implementation of HF19 - Have people lost faith in the future of this coin, or are they avoiding long term investment in favour of cashing in by merely upvoting their own comments and posts on a daily basis. It would be fair to say that one person with multiple small accounts, can now make steemit more lucrative, by merely upvoting below average content..... So why bother investing hard earned bucks????
So have the changes made Steemit more equal, or just easier for the minnows to make easy money from the upvoting process.......... Only time will tell!!!!!
All good questions. Time will tell. And the next hardfork will most likely lead to yet another period of uncertainty.
My guess is that everything will return to a sense of normalcy in a week or two and the price will stabilize above $2 again.
lets hope so!!! my sentiments exactly