You are viewing a single comment's thread from:

RE: Witnesses, what are your thoughts: Hardfork for automated #burnsteem25 for posts

in Suggestions Club6 months ago

Thank you for starting such an interesting discussion. I must admit, at first I thought your idea was a very good one. However, after reading the comments, I realized that our problem is different. The price of STEEM is low because we are not moving forward. No code improvements, no really popular DApps, no new services. At the same time, other blockchains can offer all of these. In the conditions of fierce competition, stagnation is an unforgivable luxury. It is clear that investors will choose tokens that are more promising in their opinion.

However, there is a certain positive. The blogging community has developed well in recent times. At least in my opinion. Perhaps this will be the beginning of some positive changes.

But so far, it seems that everyone is waiting for a miracle. Maybe everyone hopes that some billionaire will come and do all the work for us (community). But why should he come?

Sort:  

But so far, it seems that everyone is waiting for a miracle.

Yes, that is the point, many investors just using the services on Steemit that help to multiply their finance, regardless if the price is not really changing. The worse case scenario the price of Steem will decline like it was once reaching 0,13 or less then even for investors it will not be attractive. The first thing then what investors will do is to sell sooner in order to reduce their losses. That is the point investors always there where it is profitable for them, but unlike to us, Steemians who are trying to create community relationships and support there is nothing that will make them to stay if they do not see that is does not work for them.

I remember it was the time when the Steemit team announced that they support developers but I do not know if anything much was done since. It would be good to know what is done and how the group of developers are working to add more attractive stuff to platform.

Thank you @o1eh for taking part in this brainstorming :)

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.030
BTC 62770.12
ETH 3467.22
USDT 1.00
SBD 2.53