Well my friend Jerry, I follow upvote and resteem everything you do, you (and everyone else) are not returning the favor. As a minnow, I have been on Steemit for 3 months and for example, wrote and performed an original song a few days ago, and if you take out my own upvotes and bot hits from my own funds and self promotion, I have netted about 4 cents. I could see why you are so excited about Steemit, I mean everything you do goes to at least $200 - and yes you deserve it because you are providing excellent content, but as a new user, I am not sure this platform is truly sustainable. It appears to me that 3% of the users like you are gaining 98% of the money. I have about $1000 worth of SP and I am powering down in frustration. I would not advise investing everything in Steemit, I like the platform, but it doesn't seem very fair to new users and I don't see it being around for the long haul without some major structural changes. Good luck to you with your investment, and thank you for your videos, you seem like a genuine good guy and I am glad you are experiencing such success, but be careful putting all your eggs in one basket, a basket that looks a bit like a ponzi scheme to me. Don't get me wrong I do hope Steem goes to $10 or higher, but..... I could also see it failing as it is a strange lopsided social media platform. If I can't experience a bit of success, here how can I convince my Facebook friends to come over? For what? To be completely ignored by the community? If you care here is a link to my 4 cent post that has made me decide to power down
https://steemit.com/cryptocurrency/@cryptoted/original-song-i-wrote-today-called-stuck-on-my-nano-just-2-min-pls-give-it-a-listen
You're complaining that you're giving all your votes to the whales so you're pretty much part of the problem. Instead of doing that why don't you start interacting and voting on posts of users the same size as you, then you'll form relationships with those people and you can up vote each others posts.
well in theory you are correct, however this is an unusual game, and the game most play is to only "upvote" posts early on that they expect to go higher, and therein somehow obtain "Curation rewards" sort of like daytrading a bit, so people are hesitant to give upvotes to people that are new whose posts won't increase after their upvote, becaue by doing so they would be losing money, but if you catch a Jerry Banfield post at $20... heck yes maximum upvote that sucker! that's how Steemit works - so while I agree with you, I am part of the problem that I am complaining about... its a catch-22 isn't it?
and agreed I am attempting to network with users around my size in my areas of interest, I am also trying to work out cross promoting through different platforms. It takes awhile, I have canceled my Powerdown for now but I am watching this thing closely trying to figure it out. thanks for responding
The problem is though I believe that a portion of up votes within the first 30 minutes go to the author and not the curators so catching one of Jerry's posts straight away and up voting it won't actually lead to a high curation reward. It only works if you find a post that is good, doesn't have many up votes and was posted over 30 minutes ago. All of Jerrys and other popular users posts will already have received a lot of up votes within 30 minutes so voting on their posts is not actually the best strategy for getting curation rewards, I don't think a lot of people know that
hmmm thanks for that information, no I don't totally understand it obviously, I am trying to learn the best strategy to gain traction in between my posts. Simply responding with a kind and insightful analysis to a post with good content and a solid following has probably earned me more steemDollars or (whatever?) Steem power or Curation rewards? than my actual posts themselves. If you have any insight on the best strategy for creating value in between postings please let me know. Our friend @mbg11 is also interested, and since I don't really understand it I can't explain anything really useful to him with his question above. If you understand it please share. I will maximum upvote your information and share it with other users who are also feeling their way in the dark here. Thank you @captaincanary for writing back to me and giving me such a generous "upvote" cheers... @cryptoted
I'm no expert but just try to spend as much time here reading posts and commenting as you can. Not just any comments though, good comments which show that you've read the post and thought of something useful to say. Even if you disagree with what the author is saying share your thoughts and chances are other people who read the post will share your opinion and up vote you. I've got over 500 followers but none of my posts have gone viral, I've got them all just from commenting and interacting on other peoples posts. The most effective way to get somebody attention is to write a few good comments on several of their posts, that way they will almost definitely check your blog out. Lastly there are contests on Steemit such as the Open Mic which is for musicians, and other ones for photographers etc. This is a good way to be judged on your quality of content rather than the size of your following and there is usually prize money up for grabs
https://busy.org/curation/@liberosist/mind-your-votes-ii-a-guide-to-maximizing-your-curation-rewards
This is how it worked before fork 20, not sure if anything happened after, I think it is still 2% though per vote
I'm so confused how the voting system works. Can you give me a link or something to look it up? thanks...
yes so am I... I wish I had something insightful to share with you on this topic. I have asked @captaincanary for more information, although he has already given good insight with his response. Hopefully he will hit us with some more tips or insight as to how this voting system does work. thanks for your inquiry. take care
https://busy.org/curation/@liberosist/mind-your-votes-ii-a-guide-to-maximizing-your-curation-rewards
There you go ...9 cents! Don't give up yet, I'll follow you.
thanks bro i appreciate that... not giving up, just powering down until I figure out how to play this game. Why do i have $650 SteemPower? to give to the whales who are already killing it? No more... thanks again
All it takes is to reach one or two people. Take for example your comments on this post. They will net you around $20. I suggest you join Peace, Abundance, and Liberty on discord and do a bit of networking. Find a skill you are good at and share it with the community.
I am lucky and blessed to have reached Witness position #51 in two months, but it took me about 5-8 hours a day of activity on Steem and that is nowhere near slowing down.
Good luck.
It is easier said than done. I have reached alot of people on this platform but many are antagonistic and have this notion that everyone should go and bring money to invest to earn a vote.
In fact a very notable figure whom I respect on this platform bullied me for commenting on a post he made. Such people think they are building the platform but instead, they are destroying it.
good work! :)
nice .....Give and get. Go, Go, Go!
I think the biggest risk is similar platforms that are in the works. When they r released especially the ones that take a middle of the road approach in centralization vs decentralization might have an impact of steem prices. Donot expect a platform without competition!!! So I woudn't bet everything on steem where as I would bet a higher amount on graphene based block chains and may be EOS
The news members upvote whales ... the whales upvote whales...No reciprocity
exactly, that is how it appears. it seems awfully hard to get started. good luck to you i will follow you
This is absolutely true, very well pointed it out !!!
ALL Whales SHOULD/MUST support, upvote and comment on the work of new/budding Steemians, if they want this whole thing to get bigger, better and wiser and the price of Steem to rise and achieve newer heights and greater dimensions.
I have broad shoulders and I carry whales. My muscles will one day make me a whale......I hope.
Steem pennies add up!
If I was a whale I would spread the love to the shallow water dwelling minnows and remember my roots.
So well said. Hope the whales are listening.
Cheers
amen brother, following...
Not everybody has found you :)
I'm still starting posts and deleting them before I submit because 1) I'm not used to talking about myself 2) I'm always just a little worried that I will offend someone
I've stayed away from opinionated writing for this reason. I'll follow you @cryptoted, don't give up!
the most important in steemit is to not give up, I understand you, I am also about 3 months here, jerry is earning because he has a lot of subcribers on youtube and he is very famous in crypto world, + he is investing a lot in advertising steemit, he invest not a lot of money but a lot of time also ! we have to learn from him and try to do like him ! good luck I will follow you and I will try to support you with some upvotes !
I agree with you. I don't think most newbies realize how, ironically, the power/influence of this platform is decentralized in the hands of the few. I hope this can be addressed because when mainstream media finally discover Steem, they are going to, wrongly but understandably, use incorrect hyperbolic phrases like MLM, ponzi etc.
Thats true really and its not the best content that is always rewarded that depend. That why everyone should be free to do what he wants...
This post received a 2.1% upvote from @randowhale thanks to @tournego! For more information, click here!
here i could only upvote 0.01cent. dont give up keep it going. please follow me too.thanks
I followed you my fellow 0.01 center.
click my button
Unfortunately, the only thing I can say is that everything in life is like Steemit. Life isn't fair, it challenges and pushes and shoves you down. If you're one of the lucky ones, it doesn't stuff your nose in the dirt and spit on you. If you are strong enough, you can overcome those obstacles and still make something from next-to-nothing.
As a fairly new entrant myself (since late May of this year) I can honestly say I was super-frustrated, but then I found the PAL network and Discord... from there I have learned some nice techniques (although they don't always work well) that have increased my earnings somewhat. I figure it this way, really, if you post enough comments to make $.20/day, that's $.20/day more than you had before. Then, when you have the unique high-value post, it's just icing on the cake.
Just stick with it, keep posting solid content, find your niche, and (I know this is going to sound rude, so I apologize in advance) stop blaming other people. It's not their fault that they've succeeded and you haven't. Sometimes it's as simple as being in the right spot at the right time.
That's my 2-cents-worth.
Exactly. Every other social media platform gives you nothing and people have been using them for decades! - Every dollar or a cent compared to that is a welcomed change. I've been using Reddit for around 5 years and I've gotten 0 cents out from it.
Thanks for your best comment. I really appreciate your patience to write such a meaning full and lengthy comment. Keep up with good work. :)
I followed you my fellow 0.01 center.
click my button
i have upvoted you pls do the sme please help me get there @rogerblu
thanks i appreciate that, i wish you success, hang in there i am following you and upvoted even though it is small, i wish us both success here...
@jerrybanfield and others whales please can write article on how to become witness on steemit and what it takes to become one. Please help we minnows that have not gain much on this platform. The whales are taking the profit away. The motivation of writing good content and not getting visibility is annoying. I think something should be done about that.
By whom? People like cryptocurrency because its decentralized.
Thanks
Steemit will be a disappointment for people who come here just for money. Either they have to be very unique or very talented in something or they'll bite the dust trying. But for those who treat it as a social platform that has an added bonus of making upvotes/likes actually represent something tangible, it can be fun for sure.
So sure, you can try to game Steemit but then you have to really work for it and be realistic.
Hold onto your SP. This is a long game. You will one day be encouraged by the return on your SP and in the meantime, just keep encouraging people, adding value and slowly gaining followers. We are only at the very beginning of the blockchain renaissance. Trust me, this time next year, the Market cap for Crytocurrencies will go from $80B to over $300B. The institutional money is starting to find ways to get in and if you have coins now, you will have big gains as the entire sea level raises. Buy SP and forget about them for a few years and don't let yourself get frustrated.
thanks i can always rebuy them, I just have $650 in steem power that I am just giving to the whales and getting nothing back. no more - and I do agree with you about the market cap of crypto, I have a nice portfolio that has killed so far this year even with the severe corrections, you are probably correct and yes I am getting frustrated on Steemit but holding it is probably not a bad idea. thanks for the reply
Well at least you won something to tell the truth ... that's good ... I hope some whales read our comments
I'd like to add some evidence to my original comment. Today my position in ANS (NEO) that cost me $1018 back in March is now worth $48,591.95. You only need to buy a little and hold on. Buy a little bit of the platform companies and definitely buy ANS the next time it corrects.
wow congrats, I do have about 126 ans, mostly purchased between 7-8 bucks each, I am stoked today and excited about what is to come. You may wind up doing extremely well, I mean you already have, but I think this thing ANS is just starting, good for you. For the record by some miracle, or my complaining my 4 cent song has gone to $18.80, and I checked, pretty sure nothing from Jerry Banfield, although there are 2 upvotes i can't see, maybe he did, some whale hit me hard, if it was you Jerry, thanks. And i did cancel my Powerdown - I also rode 200 eth from 18 to 363, so I am praying for the same action from ANS that would be crazy to have 2 in one year, peace, and thatnks
Pretty much mirrored my moves there. I also rode ETH up and am now riding NEO up. Glad that the upvotes on your song have also gone up!
Hi cryptoted, as far as I am aware by holding steem power you actually effectively diminish the power of a whale's vote albeit by very little.
However the more steemers power up the more voting power get's distributed.
By just holding steem, you actually give your voting power back to the whales whilst increasing inflation.
Just so you know 😄
well I don't completely understand what you mean I have cancelled my plans to powerdown, for now at least, give it a few months... good luck thanks for the insight, i will think about it
as far as I am aware, the total amount of steem power is a bit unbalanced and will probably stay unbalanced. However the more people that power up the more the total amount of total steem power is shared amongst all users so effectively reducing the amount of share the Whales have.
Basically every new steemer that powers up pays for a piece of the pie.
Whales will always have more of the pie but it will be less overall, is what I mean.
right, I am not powering down after all, I am going to keep plugging away and gaining traction here on this platform and try and build my SP higher even. take care
true, steemit has made me doubts the ''centralisation'' but it's something bit. it has gained 100.000 accounts in a month.. in 2 years it's as big as over 5 million maybe or even more.. so for that time you have plenty of strategy's to build a following like jerry did. if you post consistently or just try to post every day it may be something... but like most of us who are here struggling we do have a job and not enough time to maybe write... this may also be a factor there are a lot of shitty posts.. atleast that counts for me. since everything he posts gets upvoted anyway you better spare your voting power to yourself or so... at least youself can be a upvote for yourself if your account is small
That song was touching and struck a chord with me. You have true grit my friend. I wish you success. I shared my 1 cent upvote with you. How do you get all the way up to 4 cents?
the most important in steemit is to not give up, I understand you, I am also about 3 months here, jerry is earning because he has a lot of subcribers on youtube and he is very famous in crypto world, + he is investing a lot in advertising steemit, he invest not a lot of money but a lot of time also ! we have to learn from him and try to do like him ! good luck I will follow you and I will try to support you with some upvotes !
I think using Steemit for money will become similar to trying to get a lot of followers on Twitter. Only the top x number of accounts will have millions and hundreds of thousands of followers. For the rest of its users, the rewards will be small, but the benefits of the community and the fact that we are now getting a return for spending time on social media are what makes us stay.