Hey guys,
I'm back with another post about this extraordinary platform - Steemit. But what about the future of steem? Well, no one knows for sure what's going to happen to this platform. But I've enumerated the possibilities and some simple steps you can follow to keep the chances of steemit's survival at a maximum. I personally believe in a great future of Steemit, however we can make it even greater and avoid any danger of a shutdown.
The future of steem depends on the activity of it's users. Steemit works like this: they have the cryptocurrency steem that they sell, that has value in people's eyes and use on the steemit platform, for more steem power and sbd for advertising your post and possibly making profit with it. That means you have more influence on the platform, your upvotes mean more and therefore you'll get a bit more popular. They(the steemit creators) could have another source of income in the near future, namely advertising people's products(like facebook ads).
The problem is: more people join steemit in the hope of making money while less people invest in the currency steem, because it's pretty complicated for the average user and they tell themselves better just post something and get some steem that way. As the platform is getting more and more popular, people will eventually find value in the steem currency and it will explode in price, or lots of people will join and less will buy the currency, resulting in steem getting worthless. It's a gamble. But you can help yourself have better odds at the gamble by helping the platform in this 3 ways(+1 I've thought about today), as I mentioned in my last post:
1 Buy steem, power up or hold. You will support the platform and the Steem will eventually get much more valuable.
2 Tell ALL your friends to join steemit, tell them how great it is and tell them to invest 10$ in the future of steemand also do it yourself.I've told 4 of my friend about it and one has already joined it and we'll buy some steem tomorrow together, 10$ each.
3 Upvote only high quality posts. Skip upvoting mediocre and useless posts and this platform will be much greater.
4 Make your posts power up 100%, or hold onto your steem. Don't sell it, or put it at a higher price.
I hope the best for this platform and for you, steemians. Let's keep this great platform going.
PS: If the price falls a lot, buy lots of steem then and it will probably rise , so my odds for steem are 80% success 20% failure.
Yours sincerely,
Johnny Da Baus