As I write this Steem has dropped back down to under a dollar. No doubt lots of newbies think this is the new apocalypse and Steemit is doomed. They may not realise that as recently as March it was under 10c! Back then a lot of people lost faith, but those who stuck with it, and especially those who bought some are laughing now. A 1000% profit is not to be sneezed at.
Of course I'd love to see a higher Steem price. I'm looking to pay for my trip to Steemfest with what I've made, so the higher the better.
Even so, Steemit the site is still on the rise. You may know that I keep an eye on the stats and their trajectory has been upwards for a while after some slack times earlier in the year.
I'd noticed those stats referenced something called Semrush that I had not looked into. I don't understand all the stats, but I expect it's more familiar to those into SEO. It lets you see how a site is doing in different countries. The current highest Alexa rank for Steemit is in Nigeria and Semrush looks good there too.
Raising awareness of what Steemit offers is likely to help the Steem price too. At some point companies and other interests may see a value in buying influence here. That could change the nature of Steemit, but anyone holding Steem will benefit. Some of the exchanges hold several million Steem that someone could potentially buy. That would not be a big deal to companies who deal in billions of dollars. It's a case of whether they think it has value to them. They would potentially reach an audience of tens of thousands. What matters to them is the demographic of that audience. The Steemit users are generally fairly tech-savvy and interested in cryptocurrency.
Anyway, it's an interesting time for Steemit as it struggles with spam and other abuse. I am happy to see that the community has been dealing with it. We need to think less about ourselves at the moment and more about what we can do for Steemit. Take the spirit of what Kennedy said.
Incidentally, I'm not sure if I've studied that clip before, but who are the dudes in top hats in 1961?
I'm doing what I can by not voting for myself and by delegating some of my Steem Power to others. I earn a reasonable amount and I won't miss the extra curation rewards.
It's possible that I will have to power down for a bit soon to pay for Steemfest, but I'll only take out what I need. I'm so looking forward to this event, if only to meet some of my new friends.
Steem on!
I'll buy guitar picks for Steem Dollars
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