If you noticed the crypto markets the last two weekends, they have taken heavy hits due to news out of China. STEEM moved down with the markets so you have a buy opportunity.
I am not buying STEEM over USD 1,--. Have orders waiting to be filled. The price of STEEM has nothing to do with the fact that NewUsers:TotalUsers has been declining since months. We would need atleast 5000 new users on average per day to declare the opposite. STEEM is by far not as interesting anymore as it was in May-June.
hmmm interesting. The comment you were replying to was about the price of STEEM going to $2 so I guess you were not actually responding to the comment.
The price of STEEM hasn't been below $1US in some time so good luck on that buy order. You'll be lucky if it kicks in.
The site does have a higher than average churn rate compared to other social media sites. However, other social media sites don't provide an ability to earn income. Too many new users join with the expectation that earning that income is going to be fast and easy only to discover that it takes time and work.
I have been a member for over a year and STEEM gets more interesting all the time with the growing ecosystem of apps coming online. If you're not finding it interesting, maybe you aren't looking in the right places.
Thanks for your comment. On August 19, 2017, the STEEM price went right down to USD 0,933. While I am invested in STEEM, apps urgently need to address the problems that are causing resistance to entry of use. I have been trading stocks for 30 years now, I therefore know there are no religious reasons that prevent STEEM from going to USD 1 000,-- and I am not selling under that or earlier than 2022. There however is also no religious reason why STEEM should not go under USD 1,-- again within the coming 6 weeks.
I gotta ask... what does religion have to do with this discussion? Is there an element here I'm missing?
Having watched how STEEM has moved in the last year, unless the crypto markets take a serious tumble and stay down, it is very unlikely it will go below $1US.
What problems are you referring to that is resistance to entry of use? I love how people are so inclined to zero in on any perceived problems with this groundbreaking platform as the kiss of death and seem to ignore the positive that keeps it moving. Nothing is perfect, but nothing is all wrong either.
I have personally directed numerous people to steemit.com. 25% of those people have awesome problems to sign-up. Another 25% do sign-up and write 1 or 2 comments and never come again. Only 50% become regular users of which half of them only use steemit.com a few times a week.
Markets behave in a way where people suffer greatly under the pressure of FOMO. Refer to one of my previous posts about 2 weeks ago where China ICO news had pushed all currencies down. At USD 1.10 I was shouting buy buy buy, it's going up to USD 1,50 within 48h. Exactly 24h later the USD 1,51 was reached. While the "sheep" had set their religion i.e. belief to "bear", the deep books were on "bull". You see, not even Warren Buffett knows where stock prices will go tomorrow, he knows where they will go in 10 years. The same applies for the crypto market. My belief is, there are a number of parties that will distribute bad news at regular intervals, not that it matters on the longterm, but on the short term offering buying opportunities. "Religion" refers to the fact that regardless of what the market populations believe, they cannot predict the shortterm future without being very "cold" about it. Emotions lead to FOMO, regardless in what direction, leads to hurtful experiences.
Fact is, related to total user quantity, growth of steemit is decelerating. It's not linear. It's a convex curve.
New accounts are always the highlight for me but it is real watchin' the price fluctuate up and down each and every day. The cycles seem to be spot on lately.
Good job my friend :)
Thanks @elyaque for your daily sauce about steem.
Got power back.
IRMA is gone.
Thanks for the many upvotes regarding my discussion with @shadowspub.
steem shows resistance at this price :)
The growth, use case and people are here so we'll be back to eyeing $2 Steem soon. It's time to buy in!
How do you gather that? Growth in relation to quantity of exsisting user keeps on declining at a horrendous rate.
Look at the posts per day and all that. Over weeks(not days) it's growing!
Growth in users in relation to total users on total is dropping. Therefore growth is decelerating.
If you noticed the crypto markets the last two weekends, they have taken heavy hits due to news out of China. STEEM moved down with the markets so you have a buy opportunity.
I am not buying STEEM over USD 1,--. Have orders waiting to be filled. The price of STEEM has nothing to do with the fact that NewUsers:TotalUsers has been declining since months. We would need atleast 5000 new users on average per day to declare the opposite. STEEM is by far not as interesting anymore as it was in May-June.
hmmm interesting. The comment you were replying to was about the price of STEEM going to $2 so I guess you were not actually responding to the comment.
The price of STEEM hasn't been below $1US in some time so good luck on that buy order. You'll be lucky if it kicks in.
The site does have a higher than average churn rate compared to other social media sites. However, other social media sites don't provide an ability to earn income. Too many new users join with the expectation that earning that income is going to be fast and easy only to discover that it takes time and work.
I have been a member for over a year and STEEM gets more interesting all the time with the growing ecosystem of apps coming online. If you're not finding it interesting, maybe you aren't looking in the right places.
Thanks for your comment. On August 19, 2017, the STEEM price went right down to USD 0,933. While I am invested in STEEM, apps urgently need to address the problems that are causing resistance to entry of use. I have been trading stocks for 30 years now, I therefore know there are no religious reasons that prevent STEEM from going to USD 1 000,-- and I am not selling under that or earlier than 2022. There however is also no religious reason why STEEM should not go under USD 1,-- again within the coming 6 weeks.
I gotta ask... what does religion have to do with this discussion? Is there an element here I'm missing?
Having watched how STEEM has moved in the last year, unless the crypto markets take a serious tumble and stay down, it is very unlikely it will go below $1US.
What problems are you referring to that is resistance to entry of use? I love how people are so inclined to zero in on any perceived problems with this groundbreaking platform as the kiss of death and seem to ignore the positive that keeps it moving. Nothing is perfect, but nothing is all wrong either.
I have personally directed numerous people to steemit.com. 25% of those people have awesome problems to sign-up. Another 25% do sign-up and write 1 or 2 comments and never come again. Only 50% become regular users of which half of them only use steemit.com a few times a week.
Markets behave in a way where people suffer greatly under the pressure of FOMO. Refer to one of my previous posts about 2 weeks ago where China ICO news had pushed all currencies down. At USD 1.10 I was shouting buy buy buy, it's going up to USD 1,50 within 48h. Exactly 24h later the USD 1,51 was reached. While the "sheep" had set their religion i.e. belief to "bear", the deep books were on "bull". You see, not even Warren Buffett knows where stock prices will go tomorrow, he knows where they will go in 10 years. The same applies for the crypto market. My belief is, there are a number of parties that will distribute bad news at regular intervals, not that it matters on the longterm, but on the short term offering buying opportunities. "Religion" refers to the fact that regardless of what the market populations believe, they cannot predict the shortterm future without being very "cold" about it. Emotions lead to FOMO, regardless in what direction, leads to hurtful experiences.
Fact is, related to total user quantity, growth of steemit is decelerating. It's not linear. It's a convex curve.
It's time to buy in!
New accounts are always the highlight for me but it is real watchin' the price fluctuate up and down each and every day. The cycles seem to be spot on lately.
Stable price is better for all.
thanks for staying us up to date @elyaque.
Excellent news @elyaque, we are waiting for further growth, people join in and will soon be warming up!