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     5 years ago (edited)

    Yes and when will that long-awaited steem rise happen? So far with the new HF I do not see anything positive, the authors are discouraged with the reduction of their rewards, the only beneficiaries are the whales that this time can make more money than before, meanwhile the authors who are those who fill with excellent content Steem with a lot of effort are the harmed ones.

    The only way that this is profitable is that the steem exceeds $ 1 and we are very far from that, because for that to happen many investors are needed and after everything that has happened in steem since the end of last year, investors do not They trust steem, they are afraid of losing their money!

    So what should we expect? Could it be that the price is manipulated by the big steem holders? Or will we have to wait for the SMT and that will be our last salvation?

    Conclusion: the rich get richer and the poor poorer!

    I do not see positive changes during this HF only war of negative votes and more payments to bidbots.

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       5 years ago 

      I can totally see your concerns, because I was pretty much thinking in the same lines until I noticed how often smartsteem, ocd and a bunch of larger accounts had started to reward lesser accounts and quality content. I got even more convinced that this was for the greater good so to speak, when I noticed that many of them doesn't care about the "5-minute rule", and they upvote older content as well.

      We don't want actifit or appics posts to earn massive rewards for instance, as they are not considered to be of high quality. Those posts are considered content, but not high quality. I do agree that investors in general might have stayed away because of how Steem worked previously, with low quality posts being bid-botted to massive rewards, large accounts self-voting to rake in hundreds of Steem etc. But those days are gone. Perhaps not entirely, but most of the low quality content we saw previously, that had tons of bid-bot votes, those have vanished.

      Users has started to reward hard work and effort in a much larger scale than previously, which I think is exactly what we should have done from the start. I mean, Steem is not supposed to be some sort of charity. Steem is about rewarding quality content, and even though we haven't reached the finish line yet, I defintely think that we are on the right path.

      That being said, these changes are good for the larger accounts, just like you said, but that also means that it will be perfect for other investors too, so it should basically increase the chances of getting more investors on board. And, it should ultimately make people more eager to grow their accounts instead of cashing out everything they earn, which is exactly what we want.

      That is how the price of Steem will increase, eventually.

      However, this is not something that will happen overnight. It will take time, but I personally have started to believe that we are on the right path. What I don't like though, is that comments aren't being upvoted anymore. I think that is a bad thing in terms of engagement. Hopefully, people will realize that comments will get them exposure, which ultimately will increase their chances of getting upvotes on their content too.

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