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RE: Vlog 442: Why hasn't the STEEM price gone up yet?

in #threespeak6 years ago

I think it's increasing and not decreasing. It's just not very fast. There is a lot more work to do.

Steem is not just steemit.

Projects like Splinterlands are doing really well and keep going up in market cap and amount of players (around 2500-3000 now). It's the best on-chain investment I made. It generates DEC (in-game currency) tokens for me every day and my card collection value has gone through the roof.

Steemhunt is doing cool things and has recently launched https://review.hunt.town/.

3speak is making nice strides onboarding new and more well-known content creators.

Dporn.co (Another decent on-chain investment I made) is slowly growing as a community on Steem for Adult Content.

I talk a lot about Steem, it drives some ppl mad I guess. Can't help it, love this place and the potential it has but I do know I will have to stop at some point :)

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It is good to be passionate. And I didn’t mean any disrespect with my Monopoly money comment. As I told you I have vested interest for this platform to succeed as well. But just comparing with real world. Current market cap of steem is 53 million while it is not a good measure, but a well accepted measure. Comparatively speaking market cap of Twitter is 33 billion (which is still considered a dud of a stock). 4 day trading volume of Twitter is about 53 million. In other words after 3-4 years of existence 53 million is a dangerously small number. That’s all I am saying