The main isaue is that, as i said on my latest post, the bit stake holders of STEEM is only looking at the price, and not the value.
These reasoning to downvote is only about that: price.
Downvotes are needed on something like steem, but since we have way lower activity, people are finding the weirdest reasons to downvote anything.
Have you noticed some small downvotes spread randomly on almost every posts?
They are really small, but when you add up thousands of small downvotes...
Dear @phgnomo
Thank you for dropping by and sharing link to your own publication.
Isn't price related to it's value? After all price is all about demand and supply. And if we can bring more value into steem blockchain, then demand for it's token should increase.
I actually didn't notice. Thx for letting me know about it. I will pay more attention.
Yours
Piotr
Yes, price and value are related and interdependent, but they are different things.
Price is the amount of money people are paying for something.
Value is what is being recieve in return for that price.
For example, two similar restaurants serves the same food, with products coming from the same supplier and charge the same price for the same dish.
But in one of them, the owner take a special care in training his employees to treat their clients way better.
Wich restaurant offer better value for the costumer for the same price?
The same concept can be applied to any asset, including steem.
Will people get any good value (material or immaterial) that matches the price they are paying?
If the answer is that the value is bigger than the price, then it is worth buying.