You are viewing a single comment's thread from:
RE: Coinbase's boss Brian Armstrong's wish lists for 2020s shows that Steem is already ahead of the pack.
Quite often I read things on the net about blockchain and the future and I found that a lot of them are already here on Steem! So I'm thinking why people dont pay attention?
Then I rememeber .... the price! The only thing holding this place down is the price. No ICO, no money upfront, no revenue model for years, until ads .... massive selling from the main stakeholder, no burns ....
Price or rank in the CMC. This is also my gut feeling that Steem just can't keep up with the selling pressure. If Steem was an ICO or low-inflation crypto then it would not fall so much in the CMC. Any upward movement is killed by selling pressure. It looks like heavy uplifting that can only solved by strong altcoin bull run or some miracles (e.g. Winklevoss twins brothers take stakes on steem).
Or reduce inflation drasticly :)