Well put @yabapmatt
While we're spending time messing around with parameters that a very small number of people actually understand or care about, Steem will continue its steady decline as the rest of the world flocks to the platforms that understand user experience and marketing.
This 100%
While I really believe we need to make changes as our system is not working, it won't matter if we keep hemorrhaging the good users.
Who are the good users? Your preferred content creators? Those not 100% delegated out to bots? Those not spanking over half their VP over themselves each day?
Those are my good users, and yeah, we do not have many.
Users who produce quality original content and are not milking the system with garbage.
Who is more milky in your eyes:
A user who produces 6 pieces of original content each day, or a user who produces one run of the mill post a day?
There are different degrees and no way to fix all of them but there are plenty of extreme cases. Some are symptoms of the system itself and those around them.
It's clearly not the latter, even if the post is total garbage.
The ones milking are the blatant haejin types and those running an array of alts 'cause everyone else is'.
I know for a fact the latter is true as I have heard that as justification many times.
My point is there is a clear line between those who are trying to offer value and those who are just trying to extract whatever they can out of the system for the least amount of effort. We are losing a lot of the first and gaining a lot of the second.
My point is that one post a day - actifit, a shocking meme, a photo, is not milking the place, no matter who's judging the quality/originalness and value of the content.
If we had (insert yesterday's post count here) unique people putting out one post a day, we would be in a much better place than we are now. Instead, milking.
Not really sure it’s relevant to what I original said but ok.
I generally agree though.
Don't forget the bidbots. ~90% or more of the value of Steem is extracted by profiteers delegating to bidbots,or otherwise manipulating rewards. All of that profiteering discourages capital gains. EIP increases by another 40% of the remaining ~10% of the value of Steem currently shared by content creators that will be extracted by profiteers and bidbots.
Common sense is all that is necessary to predict what will happen to the price of Steem. @steem is powering down tens of millions of Steem right now, so that it can be sold before the price crashes.
Listen to your guts. They aren't lying to you.