That's very true. I guess, do you think that the number of users that participate as in not only buying/selling but marketing/advertising and number of developers working on improving in each cryptocurrency community can impact price of said cryptocurrency? What I'm getting at here is, steemit is in competition pretty much against reddit, where as this crypto rewards you with value in steem for upvotes and quality content, then can send to an exchange/sell for bitcoin/then sell to USD reddit doesn't, yet steemit only has 350,000 total users worldwide, reddit has 10 millions. Btw, I'm the same guy from that youtube comment on being your first follower here! haha
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Of course they impact the price. Even ICOs, which you would think are entirely unrelated to Bitcoin, have driven its value up in the past few months in my opinion. Steemit has a long way to go before adoption by masses because frankly, it's not like a normal platform that most people are used to. In addition, a lot of marketing for other social media platforms comes from word of mouth, which Steemit really isn't at that point yet (except in crypto circles). That said, it certainly looks a lot and interacts better than Reddit does.