Though STEEM remains Long Term Bullish, I am still concerned that without the appetite to promote STEEM as the price pulls-back may bring us big problems.
#Promo-Steem news in a falling #STEEM price..!!
#Steem (STEEM) Price Chart
#Steem (STEEM) #dMAmapping⇗⇗⇗⇗⇗⇗ Screen - 7 Days
#Steem (STEEM) #dMAmapping⇗⇗⇗⇗⇗⇗ Screen - 100 Day look back (New Screen)
#Steem (STEEM) Current Price
Promoting #Steemfair and #Steemfair{-your Country}
Promoting and showcasing #Steem Projects and #Steemit Accounts on the #Steem Blockchain at trade fairs, shows and exhibitions.
#Steem (STEEM) Technical Analysis
#Steem (STEEM) triggered a #dMAmapping⇗⇗⇗⇗⇗⇗ buy alert Signal on 10-May-2017 at $0.85.
From triggering the #dMAmapping⇗⇗⇗⇗⇗⇗ buy alert, #Steem (STEEM) has seen a modest growth of +94.12% to the current price of $1.65.
Remains Long Term bullish, however I have my concerns on Marketing and Promoting the #Steem Ecosystem.
With a current Market Capital of approximately $431,686,482 and Ranked Number 33 in the #CryptoCurrency Market, as we all know #Steem (STEEM) has seen an explosive ride these last 13 months.
Promoting #Steem (STEEM) in a falling market..!!
Though #STEEM remains Long Term Bullish, I am very concerned that without the appetite to promote #STEEM as the price pulls-back, this may bring us big problems.
Before anyone jumps down my throat and say I am being over pessimistic or negative, please let me explain my concerns.
As most of you will know I have been actively promoting #Steemit and the #Steem Blockchain more or less from the moment I first joined back in August 2016.
This passion for the promotion of #Steemit and #Steem has never once wavered.
Over the last +16 months I have supported a number of Promotional Initiatives and this support will continue without exception.
Who is going to fund ongoing Promotional Initiatives?
The concerns I have now though are very simple.
Who is going to fund ongoing Promotional Initiatives if the appetite for such projects begins to fall away?
In a rising #Steem price, there is plenty of liquidity and surplus cash floating around to fund the Marketing and Promoting of #Steemit and #Steem, however, sadly the reality is that the reverse happens in a dropping price.
Don't get me wrong, I am not saying for one minute that #Steem is loosing it's appeal, on the contrary.
What I am trying to say, is that as the price falls and there is less cash equivalent to be distributed, it is actually at this time that more focus and attention should be placed of Marketing and Promoting the Platform and the Blockchain.
#Steem (STEEM) Latest Marketing News
In this instance, I would like to once again draw you attention to a recent Project that has been launched and one that gets my full support.
@Exhibition Project by @sndbox
For those that may have missed the project, I am talking about @Exhibition Project by @sndbox.
Why I fully support the @Exhibition Project by @sndbox and why I am excited to see this develop over the next few weeks/months.
Why I fully support the @Exhibition Project by @sndbox
Recently I made a proposal to introduce the concept of #Steemfair and #Steemfair{-yourCountry} to the Community.
The concept of #Steemfair is to showcase #Steemit Accounts at future trade fairs, shows and exhibitions.
#Steemfair is a bit like #Steemfest, the only difference would be to focus on new users and new investors as oppose to users and investors that are currently aware and participate in the Community.
@Exhibition Project by @sndbox
For those that have not yet seen this Project, I can HIGHLY recommend checking out the introduction on the following link...
https://steemit.com/marketing/@exhibition/welcome-to-exhibition-a-community-resource-for-rotating-events-exhibits-a-project-by-sndbox
Credit: @exhibition
EXACTLY what the #Steemit Community needs
In a falling #Steem Price, this type of Project is EXACTLY what the #Steemit Community needs and I once again reiterate that it gets my 100% full support.
Taking any Product to Market is not rocket science
For the last +16 months I have tried to explain that taking any Product to Market is not rocket science, as long as you have a clear Route to Market.
Over the last year I have seen some amazing initiatives that have been carried out in taking #Steemit and #Steem to Market.
What I am worried about though, is that as the price of #Steem falls, this effort has to be continued despite the potential reduced funding available for distribution.
It is Projects like @Exhibition, #Steemfair, #Steemfair{-yourCountry} and other Promotional Projects that need to be fully embraced and implemented to maintain a continuous Route to Market goal.
Without this Community support, I fear the pain that lies ahead may well continue until sufficient fresh adoption and liquidity comes into the Blockchain.
A Massive #Steemit Shout Out
Once again, I would like to say a Massive #Steemit Shout Out to everyone around the World that has supported the #Promo-Steem Global Marketing and Promotional Initiative for the Marketing and Promoting of #Steemit and the #Steem Ecosystem, not forgetting all those that have supported their hard work, their dedication and their personal funding of these initiatives.
You guys simply ROCK..!!
Thanks again for reading.
Stephen
Promoting #Steemfair and #Steemfair{-your Country}
Promoting and showcasing #Steem Projects and #Steemit Accounts on the #Steem Blockchain at trade fairs, shows and exhibitions.
You raised a valid point. Lower price of steem means low liquidity which means consequently low promotion of steemit. In my 2 cents opinion. Like other companies which allocate certain amount of cash for marketing. Steem also deserve such opportunity. Steem is our own community. We all should donate something for marketing purposes. It will be more great if there should be some reward deducted inlieu of promotion of steemit. Promo-steem s already doing great for the promotion of this community. Sndbx is also doing great work for promotion of steemit.Thanks for sharing thoughtful post. Keep sharing and doing your great work @stephenkendal
Honestly, I give it to you. You are the number 1 promoter of Steem and everyone should emulate you.
I understand your concern about getting funds to promote steem during this low price. I see this period as our testing time and we must all come together to do our best for this great platform
Very true everything you've said, the promotion ought to be even more encouraged now, that's visionary seeing what others aint seeing, looking forward to Steemfair
Exhibition project by @sndbox is a great idea, I'm also participating in their graphics challenges, these guys are doing a great job to support all the graphic designers and artists. Now their Exhibition is also going to be great, I'm pretty sure of it.
Nice project you are caring sir, thumbs up 👍
This is AWESOME sir @stephenkendal...
@opheliafu and I are so thrilled to be a part of it! The amazing @sndbox team takes it to the next level yet again!!
very true everything you say @stephenkendal promotions should be pushed now, wait steemfair and want to promote steefair to the world
That is amazing!!............
I really appreciate your post and with you to promo steem.hope the price of steem become up at the end of the year...
In fact the low price is getting serious, you post and see up to 10 dollars but it would have reduce when you later check back in the following day. Hope it rise very soon and stop weaking people