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RE: Price of Steem 100+ and 5 to 10 million users by the end of 2018!

in #steem7 years ago

Having looked into steem some more there are two things wrong with it::
Content creators rewards are funded by speculators and not by consumers. If the speculators leave it alone then it want matter how many millions of view you can generate, you wont earn anything from it.
Content creators are "encouraged" to put their earnings into steem power which cannot be completely withdrawn for 2 years or so.

I would strongly recommend that anyone earning rewards in steem cashes out immediately because I cant see that it is sustainable.

It saddens me a bit because there is a really need for a next generation content publishing site not driven by advertisers and stifled by political correctness, but - we need a platform where consumers make micro payments to creators, where it is honest and sustainable. Steem on the other hand is all smoke and mirrors

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Completely wrong. Steem power can be transferred to Steem in 13 weeks, not two years.

I do respect your opinion but in all honesty have to disagree with it and not only the part that is a complete FUD about SP being locked for 2 years... a little research would not hurt.... Have a great day. Tomas