Is Steem starting to stabilize?
It's not much, but it does appear that we are stabilizing a bit from a price perspective. At the time of this post .15 usd and gently climbing. We remained pretty stable through Bitcoin's latest drop.
I'm so used to sideways and down. When my husband asks me about the Steem Price I just say, sideways and down. :)
Also it seems the user base and activity has been stable for a while also.
This chart is from PenguinPablo's daily stats. https://steemit.com/steemit/@penguinpablo/daily-steem-stats-report-friday-december-20-2019
I'm not saying we will not continue to fall a bit, because I think we will struggle with demand until we get some attention or create a marketing campaign. However, it would be nice to find a nice stable place to languish at. :)
My vision is still:
DPOS is a distribution model, just as POW is a way to get BTC into people's hands
-The more people who agree Steem holds value the more valuable it becomes.
-We pay Authors, Witnesses and Devs instead of miners.
-We should use those rewards to gather people on Steem
-Where people are gathered others come to sell them things.
-Tell them stories, - Authors
-Provide them with news - Journalists
-Preach at them - You know who you are
-Build games and services for them - Splinterlands and Drugwars
-Launch products for them and an economy develops
(the network effect)
The first round of attention we received came from Price action and being new, the next one will likely need to be generated.
The community is where our value is. That is who plays the games, buys the Tee Shirts, Reads and writes the posts, onboards and trains their friends.
If we are stabilizing the next step would be to try to begin building again.
Steem will not add value to itself. We know SteemIt Inc. doesn't have a marketing budget.
Oh, and regarding the rumor about Justin Sun, it is still out there. I have now seen it 3 times each from a different source and with a different angle.
Could still be a rumor, but who knows.
I've been taking a bit of a break from most posting, but after the holidays I will be around a bit more.
Check out talkingpoint.co and the TalkingPoint Tribe if you enjoy politics, it going well but slow. We have a lot of planning to do in January.
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