From time to time I go through my blog and look at things I have written.
I used to write a lot about STEEM.
I came across this title.
Vlog #58: Communities are already here, they are just invisible.
Haha, I wrote that in 22/7/2017 and it was true at the time.
But now it's not anymore because communities are visible all over the blockchain.
I'm involved in a more than a couple, but right now mostly in Steem Monsters (I'm an addict).
For others it's Steemhunt, Dtube, Partiko, Utopian.io or any other of the Dapps/Projects we have on here and if you look deeply enough you probably also find a community of Steem haters on Steem :)
Anyway...the other day I was asked in a comment if I'm worried by the little decline we have seen in user activity from the heights of 10 months ago. here.
My answer is no. I'm not.
I think part of the reason is that we are in a bear market. Any reversal and the users that left will come back running (sadly for them missing months of earning STEEM).
But the real community is still here. Yesterday 52,778 accounts transacting on the Blockchain.
But there is more.
Since the bear trend started 10 months ago development on this blockchain has not stood still.
The blockchain is being worked on by Steem Inc and the Dapps keep coming and new updates are announced weekly.
The fundamentals are great.
Why is this not yet reflected in the price?
I must admit I don't know...
This latest bear trend has been good great lesson for me as an investor. I learned a lot.
I never thought markets could disregard fundamentals as they have done.
So I just wait. I have time. I know this will turn around in good time.
There is too much going on.
And in the meantime I'm going to have fun playing another round of Steem Monsters to keep me busy!
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Yes! I saw this last night! A great result!
I totally agree with not being concerned at the moment. Those who have left probably had bo intention of adding value to the ecosystem but instead extracting it. I think the bear market has overextended because the price did the same on the upside earlier this year as well. As participants feel the pain, they are more hesitant to add to the market. Unfortunately, Steem is still seen given its limited access to exchanges as another crypto assets which is now bound to the moves of bitcoin which determines market sentiment. I would look past that as you do and consider what is being built here with communities and how much we can enjoy the journey!
I totally agree!
Why is this not yet reflected in the price?
The Asian market is gone.
Well, I am also heavily into steemmonsters and frankly at the moment it's the main reason I am sticking around. This game even convinced me to go to Steemfest, because aggroed is going to be there. Discord is where the real interaction is and it shows what Steemit is missing, but it is also thanks to steemit that SM exists, so cudos for that :) See you in the splinterlands! Ps: how is your boss coming along?
Cool! I'll be at Steemfest as well! See you there. The boss is coming along fine!
hit the nail on the head man. development hasn’t slowed at all. and the RIGHT people are highly engaged in the blockchain.
the entire crypto sphere is in a bear market, it’s not just steem. and that i think gets lost in the noise.
bear or bull. steem is here for the long run!!
Posted using Partiko iOS
LOL, yep. Welcome to the world of small, manipulated markets. Here in the US at least, all the markets are manipulated, and have been most of my adult life. I mean manipulated beyond the standard "management" the Fed. does. It's just that those other markets are so large that it isn't obvious reality is veering far off what the fundamentals indicate (other than precious metals, which are also obviously manipulated smallish markets).
On the communities thing, yes but. Yes, I definitely feel like I'm a part of a few communities on here, mostly on Discord. And Steem Monsters is crazy addictive!
But there is no substitute for being able to have a group more like the ones on FB that is on this platform, where you can have stuff come up in your feed on topics you follow, not just people you follow.
You kicked my ass on every battle in Steem Monsters! I get mad at times hahaha
Haha! I am sure this will turn around!
I was lucky enough that some of these communities had already been established by the time I joined. I was able to fit right into them immediately and I didn't have the months of wandering aimlessly around Steemit trying to find my place. As you have said, they number even greater now and new stuff is being added every day. It is very exciting!
That is great to hear man!
Honestly i don't care if those people ever come back and i don't really want them to come back. Obviously their first priority is money and nothing else. Money is good, everyone started to get involved for this but everyone needs to understand it's about we and not i
Sadly because made a research and a post for that matter after the whole netcoins go and vote thing the number of active accounts is even lower. By active as you said to it counts someone that does a transaction meaning at least one of the following in one day: post,comment,reply,upvote,general transactions
Here's were it gets sadder
From those 55k of "active accounts" a lot of them are bots and double or triple accounts many users have. Also a lot of people use autovoting services and curation trails(i am not against this, i love it) but they count as active accounts while they may not get in steemit for days
.Generally speaking the actual unique users in a day around 9-10k i suspect and others have said 1k.
I have to say
Price may not go up cause it doesn’t affect true steemians.
If you have a whale like mind you are being rewarded fairly.
If you only come ONLY for the reward,
You will leave.
Price may rise only from fresh money.
Other than that, keep enjoying a dollar less steem.
By the way GREAT time to buy in Steem power.
Happy to have you around.
You are very amiable and positive mind for steemians.
Posted using Partiko iOS
Being invested in the Stock Market for over 20 years, quite honestly this is nothing new. It's part of the "Game" so to speak.
Remember price of an "instrument" is not necessarily based on Reality but rather the perception of Reality. But great Fundamentals will eventually win out in the long run as the Reality and the perception of Reality starts to align correctly.
Look at Apple and Amazon....prime examples.
I think Steem is positioning itself as truly a gamechanger and one that is incredibly fundamentally sound !
Thanks for this insight!
O yes!
very right, no need to worry and
https://steemit.com/crypto/@felander/when-bears-are-big-are-bulls-coding
It might be quiet on the price front but in the background there is the frantic clacking of keyboards and clicking of mice...
Excellent review, my friend and you are absolutely right that our ecosystem has gone some way to perfection and the community has played a certain role. I also fully agree with you that bearish moods now prevail in all coins, but I hope everything will be fine by the New Year! Thanks Mark
I concur! :)
They may be more the 50k accounts transacting but the recent netcoin voting thingy reflected just how few people out of those 50k+ actually care enough to help steem succeed.
the different communities are shaping the form and ecosystem on steem blockchain really it can be seen now :) and i read that post way back too you were right