Why is the price of STEEM going down?
steem·@stealthtrader·
0.000 HBDWhy is the price of STEEM going down?
<p><img src="https://media.giphy.com/media/l3nWgQiM13T4Ck31S/giphy.gif" /></p> <p><br /></p> <h2>People see big payouts, and expect that for their own posts! </h2> <p>But when they sign up and post with little to no response on their content.. some people might assume the site is <em>rigged </em>and stick with the social networks that they are actually being supported on.</p> <p>I have done plenty of posts that will probably be lost in the "Steemit" past about all of us being supportive of musicians and artists (which means upvote their stuff), and it doesn't really seem like anyone heard me or even cared.. So maybe it will take a lot more work and upgrades to the site to get to a MASS USER adoption, and maybe then we will see more people supporting a wider variety of content. </p> <p><br /></p> <h2>What's going on with the price of STEEM..?</h2> <p>STEEM is sitting at $2.00 right now, and I'm sure everyone has noticed the value of your STEEM POWER has dropped.. </p> <p>https://media.giphy.com/media/10MEBgSHIhglMY/giphy.gif</p> <p>If you read the white paper you'll see that the price of STEEM is not meant to be consistent like STEEM POWER.. but it seems to me like both are correlated. </p> <p>So I think that right now the price is less than what it should be, because it was $3 when there was almost half the users that we have now (29k users), and now it seems like due to the 4 posts per day rule people obviously aren't earning as much as they were before so that could be why the price is down as well.</p> <p><br /></p> <h2>Making your posts count!</h2> <p>If we are now basically limited to 4 posts a day then obviously we have to be more particular on what posts we choose to post and when..</p> <p>So remember there's always another day, and always another post so stay positive and keep posting, because we are still at the VERY early stages so even just being involved now puts you ahead of the billions that aren't.. YET ;D</p>