But without people buying Steem, would steemhave any value? I think one of the cool idea that came out of steem is that you can actually get paid for your posts. Which you can spend on real world goods/services. Without someone buying steem, steem wouldn't have any physical world value.
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I bought a little steam to power up but I won't to it again. Steem is currently to expensive and the return for your $ is to small.
I think that with the recent jump in Steem price new users will not make it past plankton any more.
Isn't that where the bots come in though? Return for your $ by powering up is small so people run to bots to get some views/votes for their $.