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RE: Just my recent thoughts and status
Steemit like ghost town now, I don't want to think too much if Steemit will go down with all the problems that occur ... but it seems I still believe that steemit community will still be there. It seems that I haven't found a more exciting platform from Steemit. I write on many platforms but nothing can make me survive to write every day other than steemit.
When you updated about your outdoor activities in this winter. I really interesting to see about your country in winter 😂😂
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yes daily activity has been on a constant decline. but those same people will be back once the prices are up so i don't even care. steem is exciting because for the first time you don't have to rely on ad agencies to be the middleman to monetize your content. steemit inc has been a barrier and a leader at the same time. they did some good but they're also being the central figure that only allows certain groups/individuals to gain. i believe the longer this bear market continues, it'll be a bigger chance for the community to step up and make some important changes. we'll wait and see.
on winter photos, i like your idea. i'll go outside maybe later when i have some free time 😁
that's sounds inspiring and enthusing:
however I'm wondering - how one can be so sure that prices will be up?
what such optimism and assurance is based on?
I mean, seriously - I would like to hear your opinion about what and how would drive the STEEM price up? :)
since it looks like you have some information about it, talking so surely.
that's another interesting subject I'd like to get more details on: how the Community (although too blurred term) would help to improve the state of affairs? since it is a centralized platform (basically a Corporation) with quite defined "business model" (aka "Ecosystem") - which Community has no any control of or influence on.
Steem is not 100% centralized but is way more than it should be because of neds giant stake and incompetence.
Yes 'community' is a vague term. Its my mistake of generalization, but it doesnt change the fact we have individuals and witnesses who are discussing possible solutions for running the api on their own.
Alternatives like @esteemapp are there even if steemit.com goes down. I think theyre running a full node im not sure. it aint perfect and i have no idea what theyll do if steemit inc disappears. but when i refer to 'community' i refer to these dapps and developers and users that can self sustain. And theres others out there too of course.
The steem blockchain does not reside on a single website like steemit. Nor does it rely on a single company to survive. Steemit is nothing more than an interface to give you a little more convenience. It just happens to be the most popular one. (how most of this community is relying on their infrastructure is a huge red flag, but if you read the comments its being addressed by many developers who clearly seem more qualified than ned)
The distributed nodes were designed to withstand censorship and control even from governments (unfortunately ned himself has been the tyranny but this might be the opportunity to change that)
If steem can achieve censorship-resistance and start distributing rewards in a fair/reasonably predictable manner, the current price is massively undervalued.
that still doesn't answer the question of how it all can influence the price of STEEM coin :)
because mainly it is dependent on peoples' trading it on Exchanges - not on the Apps and nodes :)
price increases when Demand is higher than Supply - that's trivial basics.
and not just a any demand, but an actual steady one - factual purchasing it more and more on Exchanges.
so far though it looks like STEEM is more like being dumped on those exchanges. that's usually is an obvious reason of why some crypto price drops.
(yesterday I've further elaborated on this matter here)
Demand for freedom and security which come from distributed nodes. In steem's case you have a little more utility built in.
'Apps and nodes' is a counterexample against your statement saying the community can do nothing.
Not too long ago steem was $4 at a korean exchange. I guess you can ask about your demand there? :)
Its easy to say it's 0 in a bear market, which is no different from saying that a bullrun will continue forever.
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