RE: A Chat With A Steem Investor …….. Steemians Speak – Rising Steem Prices....... This Week On Steemit…….. SteemMag – Steemit’s Weekend Digest #28 p.2
Great set of updates and information!
I've only been here for about six weeks, so I still consider myself a newbie, but recent developments have been interesting. Whereas the actual implementation of the so-called Whale Experiment might have been handled differently, it seems like it was a proactive move by @abit & cohorts and whereas a few people might have felt hurt, it seems like it revealed a more equitable rewards system is possible... In this case, "It's in BETA!" is a valid excuse.
What the gains are about, and what the result will be longer term remains to be seen. The first spike began when the whale experiment started; the next when Dan announced his resignation... and then it was suddenly off to the races. I don't really care about the price as much as the volume... Steem is suddenly the 5th most traded coin on Poloniex... and if this IS someone pumping up the market, they have VERY deep pockets; trading volume is about 30x its previous average. Of course, I'm more familiar with the stock market patterns than alt coin market patterns.
I Just Listening Only....
True! The no-whale voting has led to more happy users. Hopefully, those who are still hurt over the flags can get over it soon when they realise they aint losing anything as the days pass by.
The recent spike is kinda amazing. From a mere $150k+ in volume, it shot to $5million+ currently. It will be interesting to see how this plays out over the coming week. Hopefully, it aint the classic pump and dump.
THanks for stopping by @denmarkguy . Is there a feature, someone, something you will like to see on SteemMag?
I don't know... I guess it depends on how far you want to take SteemMag, in terms of collaborating with others... you could approach @elyaque and see if he'd be willing to contribute a nice "Steemit by the numbers" infographic for each edition... maybe get with @stephenkendal and see if he'd contribute a "Crypto Market Report" (just a quick summary of the week's highlights) for each edition. You could have a "contests and contest winners" segment... just shooting off a few ideas before the effects of my Sunday morning coffee set in.
Fantastic! Thanks for those suggestions. Will definitely work on them. I look forward to hearing from you. Checking out your blog too.. We should have a chat one of these days.