RE: ROUND 2 - COMMUNITY ORGANIZED RESCUE MISSION

You are viewing a single comment's thread from:

ROUND 2 - COMMUNITY ORGANIZED RESCUE MISSION

in saving •  8 years ago  (edited)

The fact that there is so few responses to such an important issue proves my point that locking people’s money doesn’t make them more involved or care more about the platform . What makes people involved,excited and invested long term is the viability of the project long term and a sound investment proposition. It’s unfortunate but currently steem has neither.
I don’t know why founders are not answering these threads but the silence is not helping the issue.I hope that at least witnesses understands that their stash is soon going to be worthless and that they should definitely fork to remove this unnecessary inflation.
I also hope that they understand that this hyper inflation is responsible for the ever decreasing rewards, the current system is basically designed to kill itself. The inflation works against the growth of this platform ( price increase), even if there is suddenly more demand you will always have this wall that will send the price back down ( many have already powered down in anticipation to the next rise)
The difference between steem and bitcoin is that bitcoin can handle more users just fine without the price increasing but steemit can’t. The price of steem needs to increase to pay for all new bloggers, which is why steemit should have been designed to increase the price per steem, but it is design to decrease it.
People usually don’t like change so I’m not really surprised by the lack of answers, however I would have expected more support from something that could save the ship from sinking and make everyone’s steem more valuable.
Dan said that he wants to put steem in as many hands as possible, why would he keep devaluing it for no reason then? Make it scarces if you want people to hold it, make people feel special when they have a big stash of it, don’t devalue the thing so much people are running to sell it like they have fire in their butt.

I have been wanting to invest in steemit from the beginning as I saw a new innovation with lots of potential. I've been watching from the sideline, trying to understand how the system works but never took the plundge because I couldn't understand the investment proposition and saw a project that was in contradiction with itself. I hope the community can turns this around.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

The lack of communication is killing them. They need marketing, and company spokespeople ASAP.