Random Steem Thoughts - Bear Market Purges and Silver Linings

in busy •  6 years ago  (edited)

They say every dark cloud has a silver lining and I agree. If you have been on Steem for any length of time you have seen the good the bad and the ugly.

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Decentralized DPOS Blockchains are a challenging gig to be sure and not for the faint of heart, Steem is no exception. 2017 was really fun, there was a lot of easy success to be had. We watched our accounts grow and many of us felt confident of easy success. Then came 2018 where we watched our digital assets lose value, earnings were down and Fear was sky high, and many with good intentions started to fight about how to fix it. Some of it was downright ugly.

If you have survived all of that and are still here congratulations! Many who came in seeking rapid rewards or Internet Fame have moved on and those who are serious about trying to build something sustainable are the survivors, and that is the silver lining. Between the price and RC limitations, we also shed many scammers and spammers, but the real users and developers kept on working. We watched some of our community move on to Whaleshares, Scorum, and other sites, but many stayed and continued to work.

While we still have many challenges to work on I think the understanding of needing to create real sustainable use cases in one of the lessons learned. Also, I think most have realized the value of the community and to be more careful when setting expectations with new users.

We have more games, more apps, more onboarding projects and maybe when the next wave of interest in crypto comes we will be better prepared to integrate the new users.

We see SteemIt Inc. discussing making donations to User Controlled organizations like the future Foundation and DAO for the betterment of the Steem Economy. We have a large Twitter presence being funded and encouraged by Nathan Mars, video promotions being created by the community encouraged by @surfermarly. Steem is now available on more exchanges and @birdinc has stated he is building relationships with more exchanges.

All of these things are the beginning of Name and Brand Recognition and they do not pay off immediately. Usually, the effects are seen in slow drips at first and start to build momentum. If the overall market changes from bears to bulls that could change, but for now I expect to see these changes make slow and steady progress.

Slow growth is good growth, but I am not opposed to hoping for another Bull Market.

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Either way, Cheers to the survivors of the Bear Market, and for continued progress!

@whatsup

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@whatsup,
Do you believe and do you sense, things are rapidly changes in last couple of months time on STEEM and STEEMIT as well! I like most of these changes and yeah would like to see STEEM at top 10 CMC soon and yeah that trend might be permanent then!

Cheers~

I totally feel the we are coming together and building something... Before it felt random and with very little progress. I think slow growth is good growth.

That's a lot of bull, I mean the picture.... :-)

haha

Slowly growing :) ... but we are getting there

Yep, slow and steady is a pace I like.

I like the optimism. It has been an interesting year. Steem just keeps on going!

Wow, did I just see seablue? :) I've missed you a lot.

  ·  6 years ago (edited)

I've been lurking in chat and reading on Busy for a few weeks. I signed up for Drug Wars and I'm playing SteemNova after seeing @inertia mention it in chat.

I always enjoy reading your posts, so I've also been scanning my Ginabot for news stories from you. I'm glad to see you are still around too!

Glad you are around! :) Hope all is well.

Congratulations!


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What I really miss about you is how honest and blunt you get. It's the info on how we are doing as a community logically.

:)

Hurrah for survival!! Now we must dispose of the bodies!

I bet many will come back in zombie form... Hey guys, I've been super busy.....

I was away for 6 months... Do I count as one of those Zombies xD? I have a good excuse I was learning TA, trying to save myself from the huge dump :P

Lol, just like last time!

Usually, the effects are seen in slow drips at first and start to build momentum.

Remember facebook? It all started with one website for Harvard only, they never did much marketing their own community did it for them, they were able to grow rapidly and vastly, adding other universities, after a while they went wider and started accepting everyone, now it's the most known website in the world. That's where I see Steem going, even more actually, because facebook was limited, we aren't we pay users, we can put STEEM on other platforms and dapps, with the tech and motivation we can do to facebook what facebook did to myspace!

Good example, .. if crypto ever gets hot again, we will likely see a lot of people joining at once.

It takes time to move a Bull but when it gets going there is little that stops it! Look forward to the next phase!

Posted using Partiko iOS

Well if we have to grind I am mentally prepared if we get a bull... Yippee!

We are definitely making progress and I am glad to be part of those people championing the course of our blockchain. The silver lining was the success I achieved during the downturn.

Posted using Partiko Android

haha I feel like I've been riding that bull. Up and down, round and round and I still don't know much more than I did at first LOL. Whew! what a ride though. I still love this place!!

I agree there are some days it can feel like a rough ride, but also, I mostly love it.

everyone loves bull market but from other time we need to love bear too hahah

Tbh, thanks to the bear market I managed to build my account, while some others couldn't deal with it. We are still in the beginning....

I agree those who stayed active will be sitting nicely when things turn around.

Hello whatsup,

@SteemEngineTeam would like to take the time to thank you for signing up and participating in our community. Your contributions and support are important to us and we hope you will continue to use our platform.

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Hello whatsup,

@SteemEngineTeam would like to take the time to thank you for signing up and participating in our community. Your contributions and support are important to us and we hope you will continue to use our platform.

We plan to give back to our community members, so have an upvote on us!

Thank you.

This post has been included in the latest edition of SoS Daily News - a digest of all you need to know about the State of Steem.

I hope for the best too. In the last days I am thinking about what to do to let Steemit grow... Maybe we should start some kind of reward program.

Hi, @whatsup!

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