The biggest issue for me has always been lack of properly seeding into the market and just missing out on the truly good times. Which I do believe many suffer the same issue.
I was mining BTC back in the day before it ever was $1200 at one point. My net result was not much of which I sold it when it hit that high peak before it went sideways for oh so long. I even had a small blockerupter farming going at one point of which I had to recover the invested costs to get into other thing. I also had invested it into some other things that lost value and never recovered there investment (yay for cloud mining, and a few scams making more money off me than I made off my time lol.) Which does brining into your point that if you can’t hold than you’re not going to benefit. So many people are selling steem and their SBD for other things. There are so many accounts here in the 60-70 reputation range that have a fraction of the SP I do. Yet many say they joined in 2016 which I find just mind boggling how much SP they could have had.
I never knew it was going stop in 15 years. Sadly I don’t’ see myself holding that long and as far as social networks go that is a very long time as well. Will be interesting if in 15 years how many people even had an account dating back to before 2020. I suspect not many.
Silence
As far as it being silent well many have been escaping there homes! The snow is gone it’s now spring. I’m rather counting on spring/summer to be slow times here. I need to build up myself and having less completion to stand out with just gives me more time for my content to mature. My feed has been rather dead for weeks or even months now. So many that use to be around have going missing, and many that are around are just lurking.
Well, considering the fact that Google started 1998 kind of objects at this statement, im not saying you're wrong because there is a fine chance that a lot more tech devs would have risen by that time, but it does not mean this platform too wont have evolved to be better as well. Well maybe im just being optimistic, its a social media afterall
i agree but i think you need to refeed your feed lol
Twitter only made profit for first time in 2018.
YouTube has always said its highest viewed videos cost them to much money.
Did snapshot ever make money? Who knows they are more or less dead these days.
Instagram biggest claim to money was just being sold for over a billion if I’m not mistaken. It has terrible issues on trying turning a profit.
Facebook well everyone know understand how they make money and they run advertisement sales as well. Who using this though? The hip and trendy? No, old grandmothers and grandfathers. The worlds cryptocurrency make them think very bad things.
Myspace could not hold onto their market share and well we all know where that ended. Along with a bunch of dead other social sites.
There what now 5 or 6 platforms that are all gunning for steemit? Not to mention we are all bound and changed to BTC. Of which case its BTC inability to adapt and everyone thinking “it will never be regulated”
There is a reason why the entire world is not running of 10,000 fiat currencies. Cryptocurrency at most needs 10 to 50 coins. Not 1000’s. Massive consolation is needed.
While I hope despite all these factors Steemit will be amazing beyond believe. I can’t afford to hold Steem for 15 years. It is far too time consuming and no I did not waste my time on other social medias before this platform. It was not worth the opportunity cost of which at some point I’ll need to collect on that time invested. How it performs in 2018 will reflect on if I choose to hold it long, continue here, or just count the opportunity losses and move on.
Thanks for this concise elaboration
I guess time will tell. However i see you holding it longer because you are a sharp guy
First 80 degree day of the year coming up tomorrow around here....I'd say it's a safe bet that outside is exactly where most people were today.
Good muahahah our evil plans of not giving in. Oh wait I spent some time over weekend outdoors as well! Can't wait for temps to keep high enough during the nights that outdoor swimming can be enjoyed during the week!
I hope you enjoyed some sun as well :)
Yes I did. I went to a local city lot that collects yard debris, they chip some of the wood into wood chips and let the residents pick it up for free. I was on my second run there today for the week. I've cleaned out some flower beds and put in fresh wood chips.
Remember this is not just a social network, there is much more to it than that.