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 3 years ago 

The big question though, is, when? (not when you started sharing your point of view but when do you think it will implode?)

 3 years ago (edited)

Nobody knows. When SBD costs much less, when the code fails for 3 days, when some large users power down, when the programmer says "enough". Or after STEEM have a laughable altseason comparing to Hive, after Hive (at its low postion) costs 2-3 times more than Steem, when they say club8020 or club99 is a must. Every moment of this way down, there will be hope for better future and there will be reasons to stay longer, of course - If things didn't work in this way, all Jews have left Germany before Hitler started killing them.

implode ---

It may be rather drowning to the sounds of the orchestra. Old people, patriots, guys who invested into BTC in 2018 and didn't touch the investment for 3 year (because of dementia) and, thus, turned into crypto experts, all of them will keep buying the dips saying "0.1 for Steem is a gift of the destiny!" or "Justin Sun has money, don't forget it! We just need to call him enough loud" Meanwhile, they will continue shoveling Steems into their chests to become bigger and bigger. Once, several strongest ticks will win this race. Bloated from pumped blood, surrounded by selected slaves from exotic countries, they will be arthropod lords in the kingdom of the dead until... the platform will stop working.

But who knows maybe these things won't happen. Maybe what we see on Steemit now, it is just a down before a big rise. But these things won't happen by themselves.

 3 years ago 

Or after STEEM have a laughable altseason comparing to Hive, after Hive (at its low postion) costs 2-3 times more than Steem

This is probably the most likely scenario. Although Justin Sun being something of a playboy in the crypto space will probably find some fool to invest millions of dollars to ramp it up again. I think you've covered everything there. Apart from the 1966 World Cup.

 3 years ago 

:D I forgot mentioning the fact that probably the main nation on Steemit are Koreans. And it does give hope to every Steemian since Northern Korean program of threatening the world with rockets is adorable. :D If seriously, AVLA app shows that there are Koreans wanting Steemit alive. Recently, there was a post in WoX. A Korean was talking to other Steemians in English, wow, I sometimes thought we don't exist for them. Or maybe this sudden surprising dialogue between the East and the West (and the Aceh) is a red herring while Koreans are preparing a fork - a fork to create a separate Korean Steemit without the international freak herd. ;)

 3 years ago 

I'd be amazed if there were any North Koreans on Steemit - they'd never be allowed that kind of free thinking. And even if they were, their technology would be so out of date, their Nokia 3210's WAP wouldn't give the best experience 😆

I've noticed 1 Korean pop into the community every now and again with the label "Korean Artist" - I'm pretty sure that all of the images in her post were plagiarised though 🤔

Can you imagine a Korean hard fork with UpVu's assets disappearing? A true Steemit.kr. I think the Koreans are the only nation to actually buy Steem so it would be very interesting!

 3 years ago 

1 Korean -- yes, I remember, cute watercolor pictures. regular visits. Why do you think they were plagiarised?..

I would prefer Steemit was a real Korean platform. Because these things ... Anonymous rule, fake elections, big suspecious upvotes, creating dubious new national nobility... etc. Uncertainty and lack of quality make people ask questions and doubt. Koreans shouldn't isolate themselves, they should take control over the whole platform. :D Why not? Steemit will be true East and Hive is the West. Yin and yang, Samsung and Iphone. :)

 3 years ago 

It might have been a different user more recently - they had the label "Korean Artist" and used 3 photos that were just taken from the internet. I don't think I was here for the cute watercolours 🙂

🤷‍♀️ why not, exactly. Then Huawei can get involved.

exactly. I have no idea. definitely not months, and would surprised if it take more than 3 years. but that is just my assumptions, predictions, "some circles I write on the water".

 3 years ago 

"some circles I write on the water".

I love that expression.

I suspect it will be related to when Steem stops getting created because presumably that will happen at some point - resulting in rewards decreasing to the point at which everybody disinvests.

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