is it good for price? Honestly I haven't seen it. I am long and waiting for the big rush to come.
Why would people pay to advertise if there is a dwindling user base? That's doesn't seem like a good business plan to me.
And honestly, are those small users really costing anyone anything? I mean this was supposedly a social platform.
It isn't the end of the world, no...but for people like me it is the end of me caring about them. Until they fix it, I am now permanently part of the resistance.
TOO MANY HOURS WASTED BY ME ON TRYING TO HELP PIGS. (and to be clear, its the elitist assholes at the top that take tons of money out and make the rules that give them even more at the expense of the poor person that can't afford to pay to speak that I mean when I say "pigs".)
Let me go over some points:
In theory-yes. Many of the top coins are smart contract/token platforms. With SMT and voted oracles-this gives steem a smart platform as well. So in theory it give more(take from other coins) value to steem due to steem witness system.
that a good point, but i was trying to say is ads would help encourage bring more(free) users thus reversing that trend.
Not on the outside but it was making the system "inefficient", RC is good in theory. Not all txs in steem are equal and as such should have a cost. Bitcoin sloves this problem by making you pay for it. Steem solves this problem by making a RC system while not making you pay for it directly.
Thanks for the replies @sames, I definitely value your opinion. I have no issues with the idea of "change" and the idea of SMTs. In fact I whole love the concept. My issue has nothing to do with anything other than the fact that they "CHOSE" to cut off the ability for new users to do anything. They are cutting off the spigot of new users because honestly what person is going to pay to come blog and make comments when they can so it freely everywhere else. They could easily adjust the RCs so that the people at the bottom have enough to do commenting, but instead they give you a popup window that encourages you to buy steem.
So I don't even have a problem with the RC as a long term technological advance, but I do have an issue with keeping all of them at the top of the chain and not letting the little guys express their opinions without paying for it. That is what is distasteful to me.