Members Only Pros and Cons

Now that Steemit has shut down new signups and turn it into by invitation only. I can only think of a few pros and cons of this situation for now.

Pros

1. Keeping the group as it is will increase the percentage of your blog being notice
2. No more new whale
3. We get all the steem for ourself (My precious)
4. Feeling the like cool kid on the block
5. Bragging power to friends who didn't get into Steemit
6. Will become millionaires within 3 years (I wish)

Cons

1. The current whale in Steemit will have to ultimate power to upvote any post they want
2. By setting it to invitation only will shut out all the elite bloggers who never had a chance
3. No new bloods no new ideas
4. #introduceyourself will have members keep introducing themselves every week (LOL)