popular misconception based on the understanding of what bots are,how trading works and the Fallacy of the single cause
The fallacy of the single cause, also known as complex cause, causal oversimplification, causal reductionism, and reduction fallacy,is a fallacy of questionable cause that occurs when it is assumed that there is a single, simple cause of an outcome when in reality it may have been caused by a number of only jointly sufficient causes.
bots are algorithms and most traders use bots
there are 100's of thousands of traders all doing different things the fact a lot of them converge to form the market prices only displays the inexperience of the majority and that most are following the same indicators/strategies .
on steemit being impossible to earn, reward fund was over 1 million steem in December now is more than 30% lower with more accounts farming and very few investors how can you make more with less total pay and more competition.
Value of vote in terms of steem generated is dictated by total amount staked as in vests per vote not $.
What makes you think price recovery would happen by the end of the summer?
also maybe you should look at @alpha account always been selling steem and yes it effects the price as there are no new investors steemit incs sell off only suppress price
looks to me price will go to $3500 at least before rebound.
You clearly live with a scarcity mentality.
"there are 100's of competitors to steem with far better models." Hahahaha. Please name 1.
You clearly are an idiot
here is one to start obsoletes dlive
https://tatatu.com/
Haha you are funny. You send a link to something that hasn't even been launched yet.
Raised $575 million selling 50% of tokens in private sale,
so where is joke
https://www.forbes.com/sites/rachelwolfson/2018/05/07/film-industry-looks-towards-cryptocurrency-to-combat-piracy-by-rewarding-users-to-watch-free-content/2/#5846f1362472
But you talk about things that hasn't been launched even. Which means it's not even a competitor yet. Steemit is 2 years ahead of any competitor.
steem is still in beta so within 3 weeks they will be equal in that sense except for quality which nobody can argue is the most important thing the masses want
is why so many people join steem
believing the whitepaper
shocked disappointed and disgusted most leave never to return
You are ignorant. More people are joining everyday. Real content creators. What you seem to miss is that adoption takes years. What you also seem to miss is that Steem Blockchain has been tested for 2 years as well as the community. They have learned so much during that time. A community takes time to develop. You attract what you are. You seem to attract negativity. I don't see that stuff since I'm attracting positive things and focusing on thriving in life.
here is one obsoletes steem blogging
https://www.minds.com/
0.037 value of the Mind Token? Hahahaha. Can you cash it out?
still on testnet
only setting up past few months announced in march i think
most important thing with minds is it will be owned completely by the community and fully decentralized
minds has over million "users" and very high quality content creators
I'm sure competitors will come. But we are entering a world of abundance so the idea of competition is kinda going away. But you said 100s of competitors. Minds is the only platform that is close to something like Steemit.
competitors are here, now
i only named the ones im sure will replace the main points steem is "marketed" for
who needs a platform?
what is wrong with an app for each?
makes more sense than trying to do everything half-arsed and being left with a pile of shit after whos only use is as a front end for staking
No competitor has a 100% working system right now. So you are wrong with that statement. The Steem Blockchain system works. This is proof of Brain. This means you have to be creative to get more Tokens and create real value.
here is one obsoletes steem commerce
i say this but really it does everything and integrates with mainstream sites but is only launching beta so will leave it at the main part
https://sociall.io/
"Join the closed Beta" Hahaha. You gotta try harder than that. You speak about competitors and then send links to stuff that's not even out yet hahahaha.
lol you dont even know what nexus is?
I forgot how steemit users become perpetual newbs listening to the echochamber of shite here
Are you talking about something else now? You linked to something called sociall not nexus
Nexus is the group with many plans for crypto projects most important being a satellite mesh network for a decentralized internet
Instead of making a catch-all they've broken down projects into specialized groups to achieve the highest quality products and services
catch-alls are generally bland and fizzle out without heavy funding
Here is the their site
https://nexusearth.com
Yeah more talk. Do the talk game is easy. Just start a website and write a whitepaper and do some 3D photos. Steemit is a working platform right now. Nothing else on the market is close to Steemit right now.