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RE: Why does steem price continue to fall??? What can we do???

in #steemit8 years ago

I agree. Voting power should be equally distributed. I'm still a minnow, but it is discouraging when I upvote posts and it is still at $0.00. Even $0.02 would be great. I also see posts who get like 67 upvotes and they are only making $1.35. Then I see another post with 30 upvotes that has $156.57. An egalitarian system (as proven by just about every country in the world) will never succeed in the long run.

I still believe in Steemit. I just wish the developers started seriously discussing these issues about voting in public.

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Exactly @mscleverclocks ! LOVE the name by the way! Thank you! :)

Steem Power is not just stock In Steemit.com it is the right to print/dole out Steem. It is stock in the Steem blockchain. It has to reflect that.

Good point @matrixdweller! There should still be some kind of balance.

I thought the same before I realized the best way to achieve that is by whales upvoting minnows. If we give away more SP for signup people will simply game that with bot net. If we give noob accounts more voting power. same thing. You just gotta claw ur way from a minnow up or buy the Steem Power. This makes SP ultra valuable in the future maybe

Hopefully! I have been investing everything I can into Steem Power (which isn't a lot), but this is definitely a site that is designed for the long haul. I guess it reflects life in that way, as many businesses do not start earning true profits until a few years into their work, while some can get instantaneous fame and rewards.

To increase the value of Steem you can do 3 things . Buy Steem, tell people to join Steemit, Stop your power down if you are powered down.