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RE: Has the Steem price floor been reached?! If so, will it stabilize or grow?

in #steem8 years ago

I think the price will vary depending on the decisions Steemit will take. I feel like for now there are only a handful of believers and the others are just doing pump'n'dump or moving the money to other platforms. Steemit will probably reach a point where it needs to have a nice UI to retain a lot of the people using it. If the only advantage it has is "making money out of your posts" and people realize a lot of posts don't make it to trending, you'll have to give them something to stay for, versus other more mature and well-known medias.