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Trust in Steem?
Well yesterday I did swap some SCR with Steem. And the one with which I was doing the swap, asked me if I still have so much faith in Steem.

So do I?

Well it is hard to tell. To start we will have to put things in perspective. I do have much more voting power on Scorum then on Steem. The difference is huge. I had a lot of liquid SCR and was planning to sell some on the market. This would cost me some transaction costs and so fort.

Since I made it to the Diamond League in Steemmonsters, I did feel that it was needed to upgrade my collection and for sure my summoners.
So that was the reason for the swap.

So the biggest part of the Steem was used to for Steemmonsters, but I also powered up a little bit more than 70 Steem! This is only a little drop in the bucket towards Dolphins level! In the complete Steem Ocean it isn't even noticeable!

But to return to the question, do I still have hope in Steem?
Well yes I do for some part. There are lot of things going on. Both on the positive as on the negative side!
The negative things are known to all, so I will leave this out of the debate!

One of the things that I really see push Steem forward are the Dapps.
Steem still has a vivid community. People are trying to develop things and by doing this trying to add more added value to the Steem Blockchain.
The best example of this is Steemmonsters. This game rocks and is something that brings people out of the steem blockchain towards the steem blockchain. It is also something for which people are willing to purchase steem to power up their decks.
If there could be 2 or 3 more games like this, Steem will have a bright future.

What is needed to make Steem a success?

Well for start there need to be a solid base and community. A community which is willing to invest in Steem and willing to try things.
This requirement is already fully fulfilled.

We do have a blockchain available for us, which is solid. Yes it has flaws, but it can be considered as one of the more evolved blockchains out there!
The problem is that Steem needs business or things for which people are willing to purchase steem. Only this will lift the value of Steem. The blogging platform on itself will not make Steem big(ger).

There need to be things for which new people are willing to onboard the Steem train and things for which people are willing to purchase steem. The only way a coin can grow is that is are more buyers than sellers on the market!
If we would stick with only the blogging part, some people are willing to purchase steem because with more steem power, you will have a better ROI. But at a certain point people will stop buying and will try to recover their investments, so it could evolve into a situation in which there are more sellers than buyers.

What about you?

Do you still have faith in Steem?
And what do you think is necessary to make it a success?
And when do you consider it a success?

Would really like to hear your opinions!

Cheers,
Peter