I think one of the most highly debated topic on this platform is where it is going, and although there is a lot of speculation, there is, of course, no certainty of any direction it may or may not go. But let me go ahead and talk about the speculations and what I personally think.
First off...Let's keep these things in mind.
Here are some of the basic facts about the steemit platform, for one, it is a blockchain based platform, which could be great for some and bad for others. It is also backed or relies on the crypto of steemit itself; STEEM. Also, the rewards pool is very minimal and can only handle so much draining or abuse from the steemit users.
Also...There are so many spammer accounts on here that have been being created in recent times and are growing exponentially by the day, as well as spam bots or annoying bots in general. Steemit is also becoming more and more popular as well and more people are joining, which could be both good and bad.
So, do we all so far agree? Yes? Okay, Good. Let me explain both sides of the argument.
The Steemit Doubters:
A lot of people are losing faith in the platform, and after they had already made their fair share, have been powering down and cashing out. People are turned off by the massive amounts of spam on this platform and how hard it is to grow. Many big users have been powering down and cashing out, therefore draining the rewards pool. So many people believe Steemit could very well go down and crash because of the massive amount of rewards pool draining from not only Spammers/scammers, but also from whales and dolphins who are powering down. Which to be completely honest, could very well be the situation us steemians are faced with.
The Steemit Pushers/Pumpers:
Another big group of people thinks that in spite of the platform being difficult to grow on, the massive amounts of spam, and the massive amount of money being drained from the rewards pool, that steemit will still become big and will explode in the near future. With the massive amount of people, they believe that the more mainstream it gets and the more people use it, the more STEEM will be worth and the better steemit will become.
So which category do you fall in?
My thoughts:
I personally think Steemit is an awesome platform with great opportunities. But I can see both scenarios happenings, either it being Steemit becoming huge or it falling flat or falling. There are truths to both sides of the argument. I agree that there are too many spammers on steemit and people are powering down too much and are draining the rewards pool, and there are too many people on here in general, but I can also very well see the price of STEEM exploding in the near future as well at the platform itself. I cannot definitively give a guess on which direction it is going, but as of now, only time will tell to be absolutely truthful.
There are all kinds of people on this platform, people who invest in it, people who drain it, people who do it for a side hobby, spammers, scammers, people looking for business/advertising opportunities, people looking to make a quick buck, and many others as well. Just keep that in mind.
