there is no reason to actually invest in Steem to become a whale
We don't really need whales here.
It's nice to have 10 people eager to buy 1 million Steem each.
But 1 million people eager to buy 10 Steem each would do the same job right as well.
You are viewing a single comment's thread from:
But you don't have the marketing capability to get 1 million people to buy anything let alone some crypto. It's hard enough to get 1 million people to buy Bitcoin even. And even if you could somehow convince 1 million people to want to buy Steem it is not easy enough in terms of go to Robinhood or Coinbase for this to scale in that way.
Yes, I agree, my exemplification was too extreme.
Still I think for someone considering developing some blockchain application there's some good intensity to buy 100k Steem now to distribute to his 10k customers later.
And when I do put this persons hat on, last thing I want is "to compete for rewards", instead I would prefere pure PoS
A 500mv vote cap on the n2 gives btc investors a reason to park some of their profits in our altcoin.
More than that is pure speculation on price rise.
They can give the keys to their confidant and let them play the game, or play to get their own roi.
As it is, we are a shitcoin with free transactions, endless inflation, and with a bad reputation of those that benefit the most from buying suckers.
Until we get that rep up off of us, what we have is what we get, imo.