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RE: A NEW business opportunity: Steemit Vote-Reselling
I hear you... but we have to get someone buying the Steem... or the project is finished, as there are too many users who are cashing out if not.
And one has to have a really high marketcap in order to attract people to this platform. A 150.000 dollar total reward each day is not enough right now... People are very hesitant and lazy to switch over their followers for 3.29 USD rewards...
As Dan said: if the marketcap is the same like Bitcoin rewards will be 1.75 million dollars a day. If you want to get there with millions of users, the rewards have to be higher as well...
Someone? Could be anyone. Doesn't have to be advertisers. They'll buy Steem on their own, after it gets big, when the price is high and us early adopters are laughing in their face.
We don't need to invite them. We need to make Steem so attractive they can't afford not to buy it.
Yeah, but the only reason to buy Steem Power is to push articles to the top, making them visible... This is the same. Even though technically it is some guy... in the end he tries to influence in his favor the visibility of his article.
But if the reward is too low and too few people receive something, people will stay where they are or check out other alternatives...
We can hope that the whale selling creates a lot of new Dolphins... so that much more articles get rewards... But it would hurt if the price is to return to a Dogecoin marketcap of 25 mil. or even below to absorb all the Steem the whales want to sell....