Good point I agree with your analysis 😂 . However as indicated, if steemit picks up and reaches mainstream with millions of users, say in 3 to 5 year time it will surely be a household name and there is nothing that will hold steem price to 100 even 1K USD -however as indicated in my last post, there are still work to be done by all. I never underestimate the power of crowd (Face book et al for example) and yes , there should be strategic advertisement here in order to get external revenue-this will change the playing field in our favors isnit it ?
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I'm not a fan of advertising and actually would not like steemit so much! I was thinking more that once they can't grow user numbers any more, they might have to consider it...haha, long way off😂
But the great thing about steem is it is decentralised. It's entirely up to steemit how they want to run their website; similarly 'esteem', or any other enterprise that wishes to leverage the steem blockchain as part of its functionality😀
Edit: I would not mind a banner advert too much, but would really get put off with a you-tube wait 3 seconds before you can view anything! Lol ;)😂😂😂😂😂
Good point,haha however tell Facebook or google that you do not like adds haha. If steemit will implement adds, then the platform should do it prudently...maybe allowing top firms to get account and advertise their products via those who follow them and in trending pages and tags after paying high price. All firms need huge external revenue for viability especially social media platforms-I think that it will be great for steemit , however it should be done prudently and members who have
steem power will get millions in revenue hiyaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa😀😂
With that conviction, you should buy some/more!😜😄
😀😂 absolutely, gradually and steady!!!! I am chasing you hiyaaaaaaaaaaaaaaaaa
Looooooool
No time for LOl ..am chasing you my bud 😀😂
I agree that the decentralized aspect is one of the most important factors. I do not have any long term confidence in centralized cryptos even if they are currently doing well.
I am sure that there will be a lot of centralized cryptos especially once the global elite get more involved in this budding economy...