RE: Grinding My Way Through The Alt-Coin Depression
Interesting read @whatsup
I would like to ask one question related to this sentence:
When the price was high our user base grew with it and when it was low our user based declined with the price
I was wondering how STEEM userbase could potentially look like in the future, once STEEM would go back even half to it's all time high? Wouldn't you think that it would be great for current users but disaster for anyone new?
Without few thousand SP, it's almost pointless to be active on steemit. That's my impression after recent forks. Even now it's hard to get new users to power up that much. Perhaps in the future Steem will be considered as "club for privillaged" mostly?
(that's at least my impression and I'm glad to have a chance to be part of this platform right now, as I don't believe I could achieve anything at all if I would be starting once price of steem would increase).
Would love to hear your thoughts
Piotr
Regarding almost pointless....
There is a high chance that anyone with some writing talent could come here and find support, partly due to our small user base. A person can still earn little amounts of Steem by commenting. It's my opinion that an excellent writer vblog creator could still thrive even with the prices being this low. Which is pretty amazing.
They can learn about crypto, learn to move their stake in and out of exchanges.
If what you mean by pointless is those with little talent and no money are going to find a hard a time getting Steem, that might be accurate.
If the idea was that anyone could make an account for free and then contribute very little of any value and earn, yes, I think that era might be gone while the price is this low.
Alt Season will come again and new relationships and networks will come again.
The game is slowing down for those who wanted to come and just use their account as a means to extract Steem. At this price in this market we need people who are hungry to earn Steem and who want to contribute to it's value vs. extract it.