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RE: Steem keeps falling. The silence is deafening.
Most of the new users would love steemit for about two weeks, after two weeks, more than 80% of them wouldn't come back .
Most of the new users would love steemit for about two weeks, after two weeks, more than 80% of them wouldn't come back .
"Some folks like this platform a lot and want to see it succeed. Those are the people that I think are most likely to put money in the pot now. "
"They aren't savvy investors."
the platform has to pay for the cost of the system ... 1st ... and it must test the 'witness' group by making it unprofitable for a long stretch.
i see a long run at the bottom. and you're right some of the better of the bloggers are going to sink what little USD they hold now and get burned. that will reduce the content quality as they lose hope/money.
HOPE is finding some rational business model at the bottom. Perhaps the 'promoted' feature starts to generate revenue.
Likely be a pay to play pitch too.