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because they have an Advertising system on the platform. Facebook makes millions with paid ads.

Doesn't that give you an idea?

Steemit doesn't have an internal ads platform. what's you point?!

But it could have one, couldn't it? Also, there is plenty of great content on Steemit, yes there is a lot of crap, but I have found very informative articles, and I mean hundreds, so I guess there are probably tens of thousands of good articles on the platform.
Also I do believe somehow Bitcoin is bringing the price down it shouldn't because these blockchains are supposed to be decentralized, probably this is because you can only convert Steem to fiat by first converting it to Bitcoin. Also if your theory is correct, in March Steem was worth 7 cents and then exploded to over $2.50, do you think that during April and May people somehow decided to post good articles and that was the reason for the price increase?

technically yes, it could have one ads system.

I know there are some good articles and yes there are a lot people posting it. but what is the majority posting?!

but do you know what how most of the people can actually discover Steemit?

  • using search engine

The point is that search engine listing of all steemit good articles is affected by the spam ones, cause of the way the search engines works.

Ok, but explain the price spike in April and most of all in May.

Steem price is the result of how demand and offer meet.

but we both know this gduran right?

the question is how managed Steem demand to grow in first place?

The answer I gave is because of the the new people using different channels:

  • offline , Facebook, Twitter... Google.

Google search engine Listing is one of the most used way to gain new people discover your website since 2003.

Good top 10 ranking of Steemit articles means everyday new people..

But we have a problem... articles ranking on google is currently affected ... because of the spammy articles.

Google sees Steemit as a unique website. As the number of the low quality or spam articles grows... google penalizes the domain and the good articles used to be shown in top 10 for the keyword X... are now on page 2...3.. or even 10!! (meaning position 100)

I understand your point of view but I don't completely agree with you, now one of your premises is that with good articles and good placings on Google we should be able to add many members to Steemit many of who will be valuable additions, undoubtedly this is true, but you also talk of the price of Steem going down so obviously the money factor is important to you (as it should be to everyone) now the reward pool is finite the more people who are active the less each one will get, of course the trending posts who are always written by the same people will remain the same, I am talking about you and me and the whole lot of others in the same situation, so the more people join the less rewards per capita, will more people in Steemit make the price of Steem rise? I somehow doubt it, I don't believe the price is directly influenced by membership or quantity or quality of posts. So we have to look for income alternatives. I just came upon this post perhaps you can read it , it made sense to me.
https://steemit.com/steemit/@orionschariot/how-the-steemit-price-will-soar