You are viewing a single comment's thread from:

RE: Steemit: The Current Identity and the Lack of New Investment

in #steemit9 years ago (edited)

When the price was 3$ the active numbers of users was 15 000 per day roughly and 50 000 per week.
You can look at the charts and you will see that the more the price goes down the fewer users on the platform. This is because the price of steem is directly correlated to the rewards on the platform. Steemit is designed to reduce the price/steem over time due to the hyper inflation ( which is totally unecessary), so this platform ( with the current specs) will never be able to attract more users since the rewards will always go down.
Even if steemit's interface was much better than facebook it will not be able to attract new users ( there are like 100's of social media site out there but none come close to facebook or twitter.
The only thing that could make people migrate here is the money aspect, sure a good interface would help but if the price keeps going down the interface wouldn't matter .