Contest: Bringing New Users vs Bringing New Investors. What is Better for STEEM Value

in Steem Value4 years ago (edited)

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STEEM value is what maintains old users and old investors in the platform as well as attracts new users and investors. Since more people are skeptical about investing their money,they prefer to invest their time and earn STEEM through participating in the steemit platform (through networking,creating content, sharing and commenting). Others buy STEEM on an exchange like Bittrex ,Binance or Poloneix , while others trade a contract for a difference and these are all 3 ways of holding STEEM Token. Talking of what is better for STEEM value(STEEM price),it is important to note that STEEM value is influenced by the market capitalization of STEEM, the trading volume and the volatility of STEEM.
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When it comes to bringing an excellent STEEM price, bringing new Investors would mean making both old and new users to hold more STEEM power. STEEM power limits volatility of STEEM and also causes your shares to continue growing in the steemit platform as the system continues to grow.

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Every individual is unique. For this reason, bringing more new users would imply new creative minds and new quality content. The dedicated participation of users and the measures taken by the steemit founders to reward these users as well as sustain the platform is what promises continues growth of the steemit blockchain. Quality content and excellent STEEM price are all necessary for this growth. Be it growth of steemit blockchain or growth of STEEM value, more and more users imply more digital assets in the blockchain.

STEEM power is an investment opportunitiy in the steemit blockchain which is more like company shares.Its illequid nature makes the investment in it to be disadvantagious. It is however advantageous because one can earn more STEEM and STEEM dollars as dividends and be able to determine the value of a post each time he or she votes .After holding STEEM through any of the three ways mentioned above,one could power up the STEEM as a means of investing or gain STEEM power by becoming a STEEM witness. Even though STEEM power is illiquid, it can be powered down and converted to steem dollars if the need to do so arises on the part of the steem power owner.

It is important to note that there is little connection between new users and quality content. Most old users are experienced and more likely to bring more quality content, while new users are on the verge of learning how to post more quality content , learning content etiquettes and trying to avoid plagiarism.It becomes advantageous when they bring in their unique contributions. On the other hand, most old investors are also content creators and are likely to create more value for themselves as they understand the benefits of their investments and they do not need to be convinced of the sustainability of the platform. New investors are are skeptical of using their money to buy STEEM power or to trade in the open market. This limits the number of new investors.

I see new users as potential new investors. Therefore, the more users introduced to the steemit Blockchain, the more potential investors introduced. This is because holding more STEEM power in the steem blockchain for users is a means of generating heavier returns. New serious and creative users have the opportunity to attain high STEEM power through hardwork and patience just like any other business in life. New users actually find steemit interesting and rewarding as they would prefer it and dedicate more time to it and also gradually withdraw themselves from other platforms that do not reward them.

Every old investor in the steemit blockchain started out as a new user. Even the founders of the steemit blockchain had to be new members before growing the digital assets and influencing the market forces of the supply and demand of STEEM. Therefore, bringing new users is better for STEEM value. After all, more users indicate more value.Human beings don't go after what does not benefit them.Even users of non rewarding platforms find the platforms that they are involved in to be valuable because they get to satisfy their entertainment and sociability needs.Considering that time and energy is limited, users would dedicate more time and energy to what brings more value to them, in terms of mental and financial growth.This makes steemit to be able to competitively pool more users into the Blockchain and advance in it's value in the short and long run, considering the massive advertisement it has begun undertaking.

Thank you for reading.