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RE: Help Grow our Pocket. A steemit initiative!
Fair points, but have you adjusted them for the cooling crypto-mania? You say all those metrics are down, but down since when? The all-time-highs of a few months ago?
Short-term numbers I pulled from another post. But it makes sense. Steemit definitely needs some work done on the front end like @bohemian says.
I just reviewed the Steem price charts for the last four months. Take away the dips and rises and Steem is on a downward price trend... from $2.50 to about $1.00.
To continue to play the devil's advocate, you cherry-picked the 1-year high as the start of your review. Review the price charts for the past year and things look rosier.
How do you know we're not settled to a fair price of $1, and $2.50 wasn't just a wild rare aberration?
But I really am just playing devil's advocate. In truth, I suspect that Steem is participating in a long-term cryptocurrency price slump.
That, or a certain reality has set in. I hope though, for the sake of my investment of time and money, you are right.
Yeah, mostly. I 'm just not comfortable looking at long term downtrends of any kind.