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RE: Steem is $50!
won't happen the price is controlled and is being kept low else the popularity of steemit in general deteriorates. simple math.
won't happen the price is controlled and is being kept low else the popularity of steemit in general deteriorates. simple math.
would you mind explaining this simple math? I can see low steem price providing a good entry point to new users, but I also see $20,000 posts looking pretty alluring to new users as well.
20k Posts is small compared to other social media platforms. steemit isn't that old yet but due to the lack of work on the platform by its creators there is a big gap, and believe it or not this is just like any other pyramid scheme's out there. and to keep something like this going for a long time you have to manipulate the price and draw in new users by doing so.
Thanks for replying back. I think for the average person, monetizing youtube or using steem... steem pays better. I may be wrong. There definitely a first user advantage on steem. For me to catch up I need to invest a lot of money. I see that.