Steem Price and market situationssteemCreated with Sketch.

in steemit •  6 months ago  (edited)

Steem market and price situations

Steem price is facing very hardship a day due to many reasons behind it.
i want to tell you many reasons on the one place

1 bitmax trading on bitcoin. which making bitcoin volatile and most crypto holders are interested in margin trading they are leaving slow money in alt market.
2 Steem top leadership is been hidden or left steem they hire a marking girl but its not enough
3 There is big delay in hardfork and specially smart media token economy to launch
4 Frustration of holding steem for less reward people are getting more opportunities from other crypto world
5 There is lack of concern of steem team to re invest and make price of steem stable
6 Steem Holders specially whales and witness are selling their stocks on cheap and blaming all on bots
7 Too many bots many steem less valuable people get money by paying money
8 Google adsense reward from steemit is not been used to boost steem price which is bad
9 Steem holders are selling their coins on cheap making it more valueless

Now what steem team should do to make steem great again

1 BLock all profit which is coming from bots
2 Instead of self work pay more reward and bonus for those who upvote randome for example 1 person upvote 100+ accounts in a month will get more reward compare to a person who upvote only selected accounts per month
3 Burn some steem supply which is too high and creating a inflation
4 Steemit is getting reward from adsense should spend on steem marketing through social media and google advertisement network to engage more community to steem
5 make steem signup process easy and instant and give some free RC credit
6 Block a spammer Rc credit for specifit period so they they can get money less out and keep steem stable.
7 Instead of empowering bots launch a sponsor service of posts pay btc and get your post ranked on steemit then use this btc donation to rebuy steem coin so make steem stable.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!