Where Is Everyone? Like For real? 👻
We are at over $100,000 for Bitcoin and there is a lot of action in the meme scene. Essentially a meme super cycle but at these price levels I would have really expected people to flow back to HIVE, STEEM, and Blurt. There seems to be a decent amount of action over on Arena.Social but for the most part over there it is a hypothetical premise of user acquisition and hoping it will become something in the future. One woman on there was saying she had a couple of weeks of $500 / week but it seemed like she was trading the tickets for people's accounts and also a lot of referrals. I don't know if someone will organically be able to make a decent amount on there from just posting. It is very unclear.
As far as it goes on HIVE, STEEM, and Blurt though we haven't seen a ton of the accounts become active again. I'm seeing relative low engagement and even on OpenChat over on ICP there isn't a crazy ton of users. I get the impression it is like 5,000 people or so.
I am also puzzled about the Steem price and participation. With BTC over 100k, Steem should have been close to $1 by now, but instead it keeps dropping ranks on Coinmarketcap. I suppose it's all about the price, if Steem really rises then the people participation will rise too. Now the rewards are too small for peoples time.
0.00 SBD,
0.02 STEEM,
0.02 SP
Yeah they have just really been held down. They usually seem to Moon later in general but people aren't chasing these as much currently as a yield generation mechanism.