The whales are the share holders, but without new blood, this blog will die of stagnation.
It would be interesting to know before and after sign ups, and retention of those same accounts. Silent blogs due to RC restrictions are not a lot of fun....
:'(
well the retention rate before the new rc system was only 6% but I'm sure it's dropped like a rock now. It's probably 1% now!
IT is hard enough to get people to sign up, with out limiting their blog ability from the very beginning!
>:(*yes sir smithlabs that's why everyone is going to weku and more will keep going over there but have you studied the token yet? How do we know it's going to be worth squat? lol. At least we know about steem.
They could trade places if all the people go to weku. The value of crypto follows the people, so Steemit needs to be VERY careful!
This is a delicate point in time, the entire future of SBD is dependent on increasing the account count, and better retention looks like the obvious way to do that. If less sign up, but they all stay on, you will see a net gain. Steem NEEDS that gain to remain viable!
The value of all investments is primarily tied to volume. This is true for steemit too....
:)