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RE: Random Take Away's About STEEM From The "bitcoin is_" Conference

in #steem5 years ago (edited)

Good to know the perceptions that crypto enthusiast hold of steem/steemit . Thanks for attending and reporting your findings and perspective on the situation. As a community we do need to observe such facts and other trends and that means all of us getting our heads out of our behinds including smaller users, management and investors alike. Keep reading before you roast me too hard, I don't mean that in place of disrespect in anyway, I just don't sugarcoat shit and sell it as a jelly donut. Just my observations from the last 2 yrs+ on steemit and every perspective helps in getting to the root cause of the stagnant situations we find ourselves in.

As much as many of the bigger users like to call some of the smaller users whiners, which I'm sure isn't a wrong assumption either. Reality is steem/ steemit as different as they may be, they do have a symbiotic relationship and that isn't news to anyone lurking around here. Just like us little guys were told to adapt the the reward curve change like it or not, perhaps same can be said with public perception. Since the prognosis seems to be that to the general crypto population thinks steem=steemit, why not adapt to that fact and play around it. Build a healthy social platform and a more consistent user base first and sell steem that way. With that being said some market research probably needs to be done and figuring out user retention issues we currently have. We used to have many great bloggers mixed in the junk and they left taking their stake with them, that probably helped plunge the price of steem with it. Why? User experience. It's easy to say quit whining to the bottom feeders but a social network relies on society wanting to use it and the experience of the masses matter much more than most of you realize, not just how much a big stakeholder can extract from the platform. 1.3 millions accounts but 40k active users?? Doesn't anybody ever try to figure out why? I'm not pointing fingers at anyone or any specific actions, just pointing out, it might be useful to find out to better improve the platform and the average user experience.

A happy user on-boards more users, an unhappy one just leaves. That being said 1.3 million steemit accounts. Now if we were better able to retain users and assume that some will want to buy to increase their stake because they are having a good experience, a buttload of small accounts purchasing would be beneficial in increasing the price of steem and then it can be sold to crypto only investors as n investment into an up and coming social media network revolution with an increasing price of the token to show for it and somebody might believe it, onboarding more serious investors. A currency with many benefits. Build it and they will come. Most investors attention is caught when an asset makes steady moves up...not down like the current state of affairs.

In your mind, steem isn't steemit but to the outside world, it seems to be. Easier to change a small team's mindset to appeal to the bigger pool of crypto enthusiast than change their minds. The faster the team takes that into consideration, the faster a plan can be drummed up and create something people want to buy into so we can move everything forward again.

Steem on! xox