I posted recently on how I was unable to help friends create new accounts on Steemit and found that I was not alone. I was told that at least one big Youtuber was attempting to get many 1000s of followers onto Steemit but failed due to the signup problems here. Is this affecting the price of steem and who might benefit?
Disclaimer: I am not accusing anyone of anything here and I don't even know whose responsibility it is to keep the signup process running correctly for Steemit.
If New Users Can't Sign Up, Then The Demand For Steem Is Kept Low
As you can see in 
This creates an interesting dynamic in that those who want to invest in Steem now and buy as much as possible at a low price are benefited by the Steem userbase being held as low as possible for a while. If I were a whale with particular interest in Steem, I would be using my presence on the site to generate as much post payouts as possible and then also using my payouts to buy more steem.
My Inner 'Detective Columbo' Has Some Questions
Given the inherent benefit of a broken signup process to those with finances to buy up large amounts of steem - I am posing a question to you here... Do those with the 'method' of limiting the amount of new steem signups, also have the motivation to ensure that the signup process doesn't get fixed?
I appreciate that Steemit and Steem are complex systems that I don't fully understand - so am I totally missing something here that makes my entire logic pointless?
Wishing you well,
Ura Soul
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