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RE: I'm now advertising Steemit on: Facebook, Coinmarketcap, Blockchain.info, Just-dice.
We need more demand for Steem Power and Steem Dollars. We have plenty of bloggers and that growth is organic but without demand for Steem Dollars we could have a problem until there is enough ways to spend without leaving the ecosystem.
I have adressed this problem and why I have decided not to in my last post here: https://steemit.com/steemit/@bergy/advertising-steemit-big-coinmarketcap-campaign-blockchain-info-campaign-boosted-200-just-dice-campaign-extended
And it's exactly the wrong thing to do. The reason Steem Dollars are cheap is because there isn't demand for them. There isn't demand for them because people don't know about them except for bloggers. So all the people who could benefit from holding Steem Dollars don't know what it is, and bloggers who have to pay bills have to sell Steem Dollars for half price just to get anything out of it.
There is no demand on steem dolar because we does not know what to do with our steem dolar, except for investment and buy steem or steem power.
Old crypto like btc can be used for shopping online etc, there is plenty of only shop accepting btc, its will increase btc demand
That's a great point, I'm curious if you have any thoughts on what could spur on that demand?
In my opinion investors will come naturally if they see the userbase growing.