That's right. My point though is that the price of steem reflects the health of steemit specifically how many users this platform can support ( average $ / user) , so if the price of steem keep going down and the number of users keep going up we have another issue coming up which imo is more problematic than distribution pace which is retention
Yes, very few buy in. However the game "clash of clans" is clearing ~1.5 Billion US the last two years... Something like 5% of users monetize. Same rules apply here. Open Steemit to advertisers money when the user base is sufficiently large and steemit gets a multi billion dollar injection overnight
That's arguable I guess, if there is no money left in the pool it doesn't really matter how voting power is distributed. Also I would say most people don't buy into steem they just want to post and earn a few dollars. The best way to redistribute is by rewarding new users (most are getting only pennies) not by crashing the price.
The registration bonus for example keeps going down when it should go up imo.
This is the third post with no reply option, they need to fix this. I also noticed that only the last 20 comments of a user are shown on the site.
That's right. My point though is that the price of steem reflects the health of steemit specifically how many users this platform can support ( average $ / user) , so if the price of steem keep going down and the number of users keep going up we have another issue coming up which imo is more problematic than distribution pace which is retention
Yes, very few buy in. However the game "clash of clans" is clearing ~1.5 Billion US the last two years... Something like 5% of users monetize. Same rules apply here. Open Steemit to advertisers money when the user base is sufficiently large and steemit gets a multi billion dollar injection overnight
That's arguable I guess, if there is no money left in the pool it doesn't really matter how voting power is distributed. Also I would say most people don't buy into steem they just want to post and earn a few dollars. The best way to redistribute is by rewarding new users (most are getting only pennies) not by crashing the price.
The registration bonus for example keeps going down when it should go up imo.
This is the third post with no reply option, they need to fix this. I also noticed that only the last 20 comments of a user are shown on the site.
Better distribution enables retention though