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RE: My First Step In Creating A New Marketable Success Story For Steemit... (With Your Help, I Hope)
It’s possible the whales became more incentivised to self vote or delegate large amounts to bid bots. A tanking Steem price can do nasty things to the economy here it seems.
I haven’t been around as long as you but I remember when a single post made me around $10. And this was well before I hit my current rep and SP.
Good points, @mazzle. Over time, I hope that everyone can all become less emotionally dependent on needing whales or bots, and make new packs of loyal supporters that sum up to some solid Steem Power. From a long term perspective, incentivizing people to continue to use the platform and its apps is critical to encourage positive price movement, or else the workings you described above will be less and less profitable.