With SBD missing, more Steem are being created daily, and its liquid Steem, making more supply of Steem, with this we can clearly see a market of excess supply low demand making the price fall, once in a while price might go up and then that happens we see more seller trying to sell pushing the price low.
With how things are, I doubt we can see the price go up anytime soon..
We need SBD back soon.. but what if SBD go missing permanently..
The only option now is to wait to see how the hardfork and SMT plays out..
Can this platform attract big institutional investors who are not only interested in fast ROI but comes up with good solution to develop more applications using the full potential of the blockchain..
And needless to mention we need to attract more talented bloggers, video producers and more people to consume contents rather than produce..
As I have mentioned many times in the past, we have more writers and very less readers..
Perhaps we can see a rapid increase in the price of Steem
What do you say?
Regards
@skreza
this system needs money from out of itself.
a content based system can earn money out of advertising, data mining and content marketing. steemit does neither of them.
money in the reward pool should be connected to other money ecosystems to remain sustainable.
and our content shouldn't be burried in time. they should remain accessible and able to make money.
these are my thought my friend @skreza
hello true friend what you say greetings very good informative post ..
If you're looking at the trends, all Crypto is falling at the moment. Just in the last Month Bitcoin has fallen nearly $2k. Crypto will pick up but I have seen slight trends. If you look at the 14th of every month, you'll see the price is low, then on the 15th the price kind of shoots up. Follow that trend with trading, and you should start making some money.
Overall, Crypto will go up, it will pop but historically crypto is pretty dormant during the summer months. Wait till winter/new year and it will pop again.
Very Good Post. Keep it up
Obviously important SBD Back