Steem is still really small

in steem •  6 years ago 

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I had my normal glance at Steem Friends today and noticed I am ranked at 2749 on my Steem Power which tells me quite a bit really. I am about 6-8 weeks away from 5000 SP and becoming a Dolphin if I can keep the growth rate up.If you don't use Steem Friends I really recommend it as it gives you loads of information.Here is the link. https://steemfriends.org

What it also tells me is that even though Steem is over three years old an account that is just over a year old shouldn't really be this high up already, especially with no funds invested and only time.I knew if I put the time in it would be possible to catch other users who have been here nearly a year longer than me. When we think of 40 000 accounts there aren't that many big ones as I know the bulk of accounts ahead of me are mainly Dolphins.

Steem is down in the low 30 c range again and is currently worth only 33c. This actually helps the platform as many users purchase Steem and power up their accounts.I am hoping for more Minnows and Dolphins appearing over the coming weeks who will take advantage of this dip.I wonder how many dips will we have left before we start going up.This surely can't go on for that much longer.

It is interesting to think that a time will come when purchasing Steem will not really be an option as it has to rise at some point.

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It's still early days and this place still has real potential. My only (?!) concern is that steem starts to make inroads sooner rather than later as we're currently plunging down the coin market cap and risk slipping into obscurity...

We need to be 'found' and so visibility is important.

I do wish that our dear leaders at steemit would get off their behinds and do a little more rather than seemingly concentrating on flooding the market with regular offloads of steem and pushing down the price. But that's another story!

Posted using Partiko Android

Steem is just a lil infant in the grand scheme of things. Even all of the cryptosphere is just a toddler. The blockchain technology has only been in existence for a decade and didn't gain any real prominence until maybe 5 years ago or so.

I don't think the price will move up substantially until the economics are adjusted. The ideas have been tossed around but implementation is slow going as governance or whatever one wants to call it is completely fractured amongst factions and special interests. This to any interested outsiders makes steem a wait and see risk venture.

We don't have that luxury though and therefore action must be taken.

Friends of steem is cool, I had never seen it before. Nice to see a tally of where my votes come from..

Cheers

Posted using Partiko Android

This is why I'm trying to increase the 'middle class' on Steem. We need to shift the demographic so the voting power is more spread out. There are still less than 2000 dolphins. I'd like to see a few hundred more this year.

I genuinely think there are less than 5000 properly active accounts and perhaps only 3000 odd fault active ones. Which is quite poor yeah. Congrats on nearing dolphin good though!

Always love discovering new tools. Thanks for introducing STEEM friends.

Posted using Partiko iOS

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  ·  6 years ago (edited)

The sad thing is we have all been saying that same thing for the past year. Don't get me wrong I am a believer in Steem, but sometimes I get the feeling we are just fooling ourselves. So much of it is a guessing game dependent on arbitrary if not magical forces...

I have faith in this place and I suppose you mustn't over think it. It is still very new and has to grow , but there just isn't a lot of people here. You are about the same size as me and we are growing well these days and I expect we will be under 2000 in ranking over the coming 6 months.

I mean, we could totally all be fooling ourselves... but Facebook is getting less cool by the minute, Steem is getting more and more developed and honestly, as jobs start disappearing to automation and AI, I do think people will start to turn to Steem for an income. It really is still early days... and we might totally be Beta Max, but fingers crossed we're totally not.

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Howdy sir cryptoandcoffee! I agree, now is the time to buy steem if one can afford to.

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