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RE: Steem Value is Depreciated Because of YOU

in #steemit7 years ago

@joeyknowsbest is right. The ENTIRE cryptocurrency market is down. Bitcoin is the back bone of all of it all. Most people used bitcoin to buy the other cryptocurrencies. If Bitcoin has problems all other cryptocurrencies are going to suffer. Right now Bitcoin is about to go through a change.

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-- so what makes Steem success is only the other cryptocurrencies market value? --

Steem is affected by bitcoin. I don't think steems success depends entirely on bitcoin or other cryptocurrencies. It is a young market so the altcoins are definitely affected by bitcoin.

correct - it is affected.

but is Bitcoin price the only factor? No. So What are the other factors?

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Steemit.com is doing quite well.

Do you know how many visitors is currently getting Steemit.com from Google?

about 100 000 month . the average website with the same number of articles is getting 1 million visitors per month

:-) it will do better when we all pay more attention on how much text we write on posts and how we write the titles of the pages

it will do even better when most of us will stop posting spam or duplicate content.

Agreed. Don't post crap and copy and paste existing content. Keep it real and as good a content as you possibly can

Thanks for the advice.

Exactly. Right now sadly the price of Steem is tied to the overall market. Steemit on the other hand is doing good despite the price of Steem going down. People have confidence in the future of the entire platform or they would just leave now. I don't think anyone is saying article quality is unimportant. Have a good day.

things are not all good as you pretend. problems exists keeping eyes close will not solve it.

This post received a 3.9% upvote from @randowhale thanks to @digitalplayer! For more information, click here!

SteemIT is different and cannot be compared to any other cryptocurrency ... the Steem Value is not depreciating only because the market is down.

Steem is what it is.. a new kind of social and blogging platform... Steem value can be up even when the other cryptocurrencies are failing..