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RE: Steem 2.0 is coming like a big wave and if you can read this you're gonna catch it.

in #steem7 years ago (edited)

It's too hard to time an investment with a 13 week window to get out. Hard to pull out in this case also means hard to put in.

Dude, believe it or not, I was having that same exact thought today, in a moment of reflection about Steem in the crypto space! I was thinking about writing something about it, but you beat me to it. I agree, it's a very important aspect of this platform and big investors are surely be turned-off by that. In a moment of crisis, investors must act fast, but with their capital being tied down to 13 weeks, it's not appealing for them at all. Steemit needs to rethink this strategy, if they want to focus on investors; or focus on the regular non-wealthy folks to increase the user base and activity on Steemit. When the user base is huge enough, perhaps it would convince the investors to put their money (and faith) in Steem for the long term.

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Funny, because I was just reading the opposite argument a couple of hours ago coming from a post suggested to me. Don't know which way to look at it is the good one though.

At time of writing, 70% of Steem is circulating as Steem Power. As you need 13 gradual steps to convert Steem Power back to Steem, there is less volatility in the price graph of Steem compared to other altcoins.
Your fellow investors are not the fearful investors I was talking about in the first part, there is underlying value and commitment here.
There are currently around 30.000 active users on Steem who already own 70% of Steem. It is a growing community and I think it will be very interesting to see the moment we reach +/- 50.000. The demand for new Steem will be more than the 10% inflation supply, I don’t have to explain to you what that means, the price will go up.

https://steemit.com/investment/@bubke/steemit-investor-guide-a-study-view-on-crypto-and-steem