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RE: Post-Hardfork Steem - Calm Before the Storm?
you are right about demand, and I am looking for the soon to be released steemit road-map to address the issues surrounding demand, with a clear plan for user growth and retention, and perhaps by February 2017 the implemented plan will increase demand
I think mid feb 2017 will be a big watershed. Its when the HF16 powerdowns will finish up, and its also when busy goes to open beta.
Its possible that well see a turnaround then, especially if the whales who decided to wait then have the option to cash out and elect not to. I think its more likely that well just see a decrease in the rate of decline. One of the realities of having a larger money supply is that by then, we're there is going to be a lot more inertia to overcome to change the direction price is moving.
Personally, i don't see the "roadmap" as really relevant, and i don't see user retention and growth as something that can happen in this organization from the top down. Ned and Dan are very smart people, but theyre not perfect, or in the bible. Everyone is bad at something, and bringing people on board is something that seems to be a weak suit of the management here.
Ned and Dan are not focused on the price of steem or what whales do. Dan is focused on scaleability, and Ned is focused on user growth and retention
(distribution). Your comment reads like someone who is very focused on the price of steem and the market, and that is not the focus at Steemit headquarters right now.
As far as the price of steem, anything less than 20 cents is a great buy, and if it stays that low for 3 more months, I will be buying tons of steem for sure