Definitely! Being a minnow, I often times experience that kind of inner hesitation every time I submit an article. That feeling of to write or to not write is constantly playing in my mind because of fear of wasting my time and effort that nobody will be reading my post, let alone take the chance of up-voting it and waste their voting power on someone they don't know.
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I haven't posted in a week before last night. And I've never posted more than 2-3 posts a day. If I don't have something of true value to submit - I just don't. Screw the payouts.