This is the right time to campaign more about steem

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The world of cryptocurrency is getting bigger and bigger every day. A few days back we also had good news from India where the previous ban from RBI on cryptocurrency trading was lifted. Actually, it was not a proper ban but RBI told that cryptocurrencies cannot be accepted as a legal tender and it was misinterpreted in several ways. Most of the heavy investors quit the crypto market after that. There were still people who were with the crypto trading with the help of peer to peer option.

After this news about crypto becoming legal in India, I believe there will be more traders and investors from India investing in the big crypto market. As I'm regularly following all these things and a Blockchain enthusiast as well, some of my friends asked me about investing in the crypto market now. After having conversations with them one thing that I realized was that they are not familiar with anything in the crypto world. They just wanted to invest their money in a safer place. I was also able to understand that most people are only familiar with Bitcoin and Ethereum. Even if I talk about other cryptocurrencies, they are not understanding it.

Awareness about steem

Though steem is undergoing a tough time these days, it is important to talk to new people about steem. That is how we can increase the investor base. Even if something happens with the Steemit Inc after this chaos and if they decide to sell their stake in the market, we will be able to see a good price in the market only when many people buy some stakes. In order to make this blockchain popular among my friends, I had to explain so much about decentralization, content writing, and rewards for the contents, etc.

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One thing that I understood from the conversations that I had was that people are very lazy to learn about crypto and blockchain. I have good developer friends who are very sharp but they are not showing any interest in this technology yet. One of my friends used to tell me that he spoke to me about blockchain about 10 years ago but I did not pay enough attention to it. Every time I have a conversation with him he tells me the same thing. If I had paid enough attention to bitcoin and mined a little through my hard disk, my position today would have been somewhere else. But I missed all those opportunities. But I didn't want to have a similar story to tell after 10 years from now and that is the reason why I try to grab all the opportunities that I see in front of my eyes.

Why is it the right time now?

For the past two weeks, we have been having some incidents happening on steem blockchain and it is creating more popularity for Steem. There are many new people trying to explore and understand the blockchain and trying to become an investor. For the past two days, the price of steem is also pumping a little bit. I don't know if it is because of good reasons or bad reasons but whatever it is, I believe it is going to create a good feature for the blockchain.

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It is the right time now because big people and big investors are closely observing the blockchain as we are standing and fighting against the takeover of the chain. This community strength is being admired by many people which naturally creates a good reputation among others and we can easily get some good investors to take this project to the next level. We have already had 2 exchanges who observed this and mentioned that they are happy to list Steem on their exchanges. This situation is creating more visibility and bringing more helping hand towards us. Let us continue to stay strong and show the power of the community.



Posted from my blog with SteemPress : https://bala-blog.com/this-is-the-right-time-to-campaign-more-about-steem/

SteemPress


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19 comments
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Hi @bala41288

Resteemed and upvoted already.

Thank you for posting within our hive. I upvoted your content already. Please spare few minutes and read how project.hope is organized and learn about our economy.

That would help you understand more our goals and how are we trying to achieve them. Hopefully you will join our community and become strong part of it :)

Our discord sever: https://discord.gg/BFMqNy

Yours,
@project.hope team,

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Dear @bala41288

Interesting choice of topic.

It's surely great news to hear that RBI decided to go easier with their stand towards crypto. It's surely a large market, with huge potential.

After having conversations with them one thing that I realized was that they are not familiar with anything in the crypto world.

Surprise surpise :) There surely will be more and more investors trying to run away from FIAT into other assets. And since crypto has been down for so long - risk of losing most of their investment is lower than risk of FIAT losing it's value.

I think right now it's not a good time to promote steem. New users would only join our blockchain to learn, that there is open conflict happening between main investor (Justin) and witnesses (who are promoting narrative "us versus him"). Most investors would see such a situation as very threatening.

Upvoted already, enjoy your weekend,
Yours, Piotr

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Yes you are right. It is not the right time to promote Steem now. Until the witness things gets settled, it is not the right time.

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It is indeed exciting times and hot on the heels of India's announcement we also have the Commercial Court of Nanterre in France declaring that Bitcoin is money.

I agree though that most people have only heard about Bitcoin and with a few knowing about Ethereum. Things will change though as we make the technology easier to understand for those who are not so technically competent.

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Yes I agree that the technology is not very easy for the normal community. It takes some time to understand this. But as interest develops, people will start learning and start investing. Good to hear that it is getting legal in France as well. 😀

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I would recommend Steem to friends but I don't know what to promise them. It is very difficult to earn significant money with posting. Investing here is very risky (see long term price charts). And it is also difficult find the best content to read, the voting system doesn't guarantee the quality.

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Wow! So many defects you have found to our platform.
I am surprised that we are still here. Why do we do it then?

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Steem is an interesting experiment but not very successful so far, in my humble opinion. "Kill rate" is very high - from 1.4 Million subscribers, some dozens of thousands remained.

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Who are the killers?

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Maybe the system itself. Steem promises cryptocurrency for posting, commenting, curating, but most newcomers can't make a significant income. So, they leave.

Others, also good bloggers, leave because of the anarchy, "free fight" here. Downvotes, inequality, for example.

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I will make an analogy:

God created the system, Genesis. In it were all the resources to survive, grow and evolve. The individuals joined and they grouped together to survive and evolve. With this came the mistakes. Envy, resentment between brothers. The man invented the weapons and began to attack his fellow men. Then came bigger and more complex weapons, more destruction, mass destruction. Does this succession of facts seem familiar to you?

Perhaps we are witnessing the end of humanity Steemit.
Will there be survivors?

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I definitely agree with whatever you have told but like @juanmolina said, in spite of all that we still stuck around right. But you this is definitely not the right time to promote Steem.

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Hello Friend @bala41288.

I also consider it a good time to promote Steem.

I have always thought that this has been a weakness in steem: the lack of promotion.

We can see advertising and market penetration campaigns related to other platforms and content networks. The email system, referral campaigns and other mechanisms are used. But Steem does not.

As you say, there is currently a lot of attention paid to Steem, therefore it represents a golden opportunity to promote it.

ps: what are those 2 new exchanges that plan to accept Steem?

Great article, thanks for sharing.

Your friend, Juan.

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