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RE: Steem Debates: Will The Price Ever Rise Again?

in #steemdebates6 years ago

1.2 million Steem a day!?! It’s less than a tenth of that, about 80,000 right now I believe.

I also see lots of other solid projects, like BAT and even EOS that are seeing no significant price movements to match Bitcoin right now. I don’t believe that prices are currently reflecting any fundamentals and shouldn’t be used as an indicator of the progress and development of a project.

I do believe alts will be like the dot com bubble/bust, only a handful will make it... if Steem can simply survive for a while, it can still have a bright future on the other side.

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Thanks Brian for correcting that. I'm using that 1.2 million figure from ages ago, so thought it hadn't changed.

I take on board what you're saying about BAT and EOS. Can I ask you, is there one particular thing that will make Steemit great again?

Cg

I guess I’m most optimistic at just the number of seeds being planted so to speak. If even one front end or community sees a modicum of wide adoption everything will benefit and we could see a virtuous cycle take hold. A larger userbase attracting more business investment and vice versa back and forth. It could be sparked by Actifit, Steem Monsters, SteemHunt, dLike, Wherein...

In many ways Steem is better than its ever been, so talking about making it great again is misleading! The blockchain is more functional than at peak price, stake is better distributed, more dApps, etc! Funnily enough you kind of demonstrated that outdated information still haunts Steem. I truly hope that the recently hinted at marketing initiatives and unified messaging that Steemit Inc. is trying to organize comes to fruition and helps as well.

the Media Officials project that is currently ramping up is going to be interesting. I did a chat with @instructor2121 last Tuesday on Curation Corner. There will be about 1300 sites linked into the platform on just about any topic you can think of when it gets fully onboard. Domains that have some traction in the search engines.

They have very deliberately focused on customer experience rather than trying to introduce them immediately to crypto. The recording is up on my account if you'd like to hear what we talked about.