Do you want to see price per STEEM rising to 100 USD and higher? 1000 Upvotes WANTED! Join this initiative! But if you are good with constant price decline and investment outflow, do nothing!

Description: This is (my last) CALL to reverse STEEM trend and allow Steem price to go 100 USD and above where it belongs (after the applied change). If you don't join NOW then DON'T cry or complain LATER!

Whoever wants to see Steem project and its value rise to 100 USD and more, SUPPORT this proposal!

Fundamental: Price in free market is always result of supply and demand. Low demand indicates that something important is not right. I'm bringing you STEEM-2-100 proposal to fix one fundamental flaw.

Proposal: STEEM-2-100

Action: Cut the inflation rate to 1% p.a. (aka cut new STEEM generation to 1/10) to fix current setting that blocks further adoption, usability and investment

FAQ

Q: How does current setting block further adoption, usability and investment?
A: Adoption is blocked (slow down) due to lack of interest from investors caused by many factors - high-inflationary settings 10% - is one of them. Due to it there is an outflow of capital that causes cycle leading to multiple effects like lower price, lower rewards and slower development which causes also slower adoption in the end.

Q: Will not rewards for everyone drop significantly after this patch?
A: That's true but only for very-short period of time (hours or days) until STEEM price recovers. After very short time reward level will be the same and after some more time it will be even much higher because of higher demand for STEEM.

Q: How simple inflation rate could change demand?
A: It could and it does. But answer this by yourself. If your currency is loosing 10% of its value per year just like that (without considering other factors), will you hold it or you will rather transfer it for something else that keep its value?

Q: It sounds too simple, I can't believe it can change anything.
A: Yes, it's simple but it can change a lot (and will when applied). Even if you don't agree, what can you loose now? Right now STEEM price is set to constant nominal fall (with occasional pumps by people who either don't care about their investment or are betting that needed changes might occur anytime).

Q: Where can price of STEEM go after this change?
A: This is always tricky to answer, but I'm sure instead of constant fall, we will see constant rise of value (first probably some big pumps after change, then some not-that big dump to some still higher value than the current price) in days and then we shall see stable price with healthy growth (10-1000% per year IMHO). My estimation is something between 1..100 USD per STEEM in 2017 if this is applied.

Q: Is it difficult to implement?
A: It's actually very easy to implement and can be simply done within one week (with deployment included). YOUR SUPPORT, VOICE and PRESSURE to DEVs IS ALL THAT IS NEEDED HERE AND NOW!!!

Q: What if it is not applied?
A: Then STEEM has lost precious time and momentum at least for this year. Price will continue to decline, investors will sell off & adoption will slow down (there will be some new users but in general trend will be declining).

Q: Is there anything else what should be done to improve Steem?
A: Yes, a lot actually. Most proposals in current Roadmap make sense and are valid but they are not fundamental neither for adoption nor for price. But they are definitely supportive.

Q: Anything else that is not in roadmap?
A: Yes. Many things, there are many good proposals from various people. Personally right now we miss high rewards which were always good PR so I would suggest to add special reward bonus (for PR effect) for one random article per day (let's say one article from top 100 trending articles).

Q: When this STEEM-2-100 should be implemented?
A: Yesterday!!!

Q: What we can do to support it?
A: UPVOTE, RE-STEEM, COMMENT, PROMOTE, create your own "supportive call articles", reference, make it viral, support in any way!

Q: Is this really your last call?
A: Yes, I will definitely write no other post like this to support this idea, this one is my last try!

Q: I don't agree with this proposal.
A: That's fine and I don't have any problem with it. Please just share why you don't agree and what you suggest and how and when it can solve current trend issue.

Q: I agree with is but developer will ignore it anyway, they don't listen community, it's useless effort.
A: You might be right. But if we don't try, nothing will change for sure and this will be ignored, indeed. But if everyone who is bothered by current trend raise your voice NOW, things WILL be changed! There are at least thousands people who cares about future of Steem(it), I'm pretty sure of that.

Q: We don't need high price. Low price (even declining) is ok.
A: Price value and price trend speak about project health. Rising (or at least stable) price invites new capital for development, improvement, PR and new waves of adoption with new users and motivates people to hold the asset as long term investment. Always declining price is only good enough for shorting traders.

Q: There was already inflation cut (for STEEM) and it didn't work.
A: This was quite a different thing. STEEM inflation was cut but it was more technical cut, extreme inflation level was kept.

Q: I agree but I think other inflation rate would be better( 5%... 0%) because...
A: We need some inflation to reward network operations and authors, so 0% is not possible. Bankers (or banksters if you want) goal is usually 2% and although it's faked and in reality is much higher, they are not able to achieve it in long-term and it's usually much higher. Even such inflation is still thievery and destroys people's savings pretty fast and therefore even anything in interval 5..2 is bad. 1% is optimal compromise IMHO for inflation level for all participant here. In long term I would even vote for lower inflation like 1-0.1% as price goes up and is stable enough. Current 10% is value killer (in the worst possible meaning) and its 5x worse than what central bankers are doing.

Q: There are already pumps and it seems price is already getting better even without this change.
A: Yeah, there are pumps for many reasons, even after releasing this post there might be pumps just because of certain expectations. But pumps don't matter, trend is what matters for long-term supporters and long-term investments and common users and holders.

Q: Will there still be reason to power up vs just holding STEEM after the patch?
A: Definitely, you will still need SP to benefit from your upvoting and reward others and also SP inflation will be still lower than STEEM inflation and that is also good news for your SP holding.

Thanks for joining THIS CALL and thank you that you care about STEEM(it) future! Please support, upvote, resteem THIS POST and/or write your own post supporting 1% inflation patch! And kick some devs - figuratively :) - and especially @ned to wake them up for this proposal! Optimally, 1000 votes and more are NEEDED to make this really visible and noticed. Thank you, every upvote and support matter! God bless Steem(it) project!

STEEM-2-100 onward!

Author gives up all reward for this post (and even promotes it with own SBDs) to boost it for greater future of Steem(it) platform!

Disclaimer: Nothing here is meant as investment advice, this is a serious call to fix one important aspect of Steem(it) project that we all like and wish to see as successful.