Fellow Steemians,
I am not a cryptocurrency expert nor a blockchain genius. - Truth to be told, I have slim to none knowledge and experience about all of this.
That's also the main reason for this post, and for my question.
WHAT IS HAPPENING?!
Do you know who @heiditravels are? (This is just 1 person I use to state this example.)
A girl who made the headlines due to her awesome travel-posts. A girl who've made a ton of money & SP on Steemit. A girl who've had payouts of ~$10,000 several times. - And today, if you look at her blog you'll see that the latest payouts she had is..
- $13 - $30 - $104 - $79 - $92
Like I stated above, this is just one example. There are more authors who've had similar results, even though they've been rewarded with 10 times more previously, just a few weeks back.
I wrote a blog post some time ago about the rewards and I would love to see those amazing huge payouts again, and I truly would. - However, even though I'm not an expert I can still understand that the money comes from someone's pockets. - The main question I have is, - Why have everything decreased to these low standards when it comes to rewards?
- Will we ever be able to see $10,000+ posts again?
- Is there anything we, random, non-millionaire people could do to increase the value again?
People will start to talk about the slider and that whales are voting with less power than before, and sure, I get that. I can see how that would affect the rewards, but in reality, is has to come down to something else.
My first week on Steemit, I got upvoted by dantheman and he skyrocketed my posts to rewards of $600 or so. Nowadays, I bet his vote is worth something around $100. - That's quite a change. Ned's votes during that time, was worth something like $1,000. - And nowadays, I can't even tell. Perhaps $150. - How is that and what can we do to change this?
- Even though I haven't been blessed with $1000+ posts on a regular basis, or even a single time, I would still love to see those posts. - People talked about how it was unfair and all that, but seriously though, it was still one of the main reasons for people to join Steemit. - They saw those incredible amounts of money people made on a single post. - And nowadays, you're kind of lucky if you find a post with more than $500 in rewards. - The average reward seems to be somewhere between $200 - $300, that's actually just 10% of the rewards @guerrint got for her makeup tutorial.
I don't know if it's possible or not..
But I want the old Steemit back. - Well perhaps not entirely, but I would love to see those amazing rewards again. - They got my heart filled of joy and hope.
I want to change the world somehow, at some point in my life.. And what I've witnessed here on Steemit, have been like a blessing from above.
You've helped homeless people, people without hope or electricity. You've helped people to buy new phones and pay their rent. - You've helped me to become a better me in some way.
Now, tell me what I can do for you.
It's crazy how it happened so quickly! I'm taking advantage of the low prices. If you still believe in Steemit, Rake in that Steem and Power up as much as you can!
That's probably a very good idea. To invest as much as one possibly can in Steem Power. Especially now when it's so low. Unfortunately, I can't afford doing so, but I'll probably start using the 100% SP on my posts further on.
That's what my plan is! I want to be an invested member while the site is young. Then zoom to the moon :)
Pretty simple, head to to the market on steem. At one stage steem was almost at $5, at current it is $0.27US. It is paying the same amount, but the price in $US has gone down significantly.
So is it possible that steemit is coming to an end! The Horror! Will we bounce back from this!?
Image credit memegenerator.net
Actually it looks like the Steem price may have finally found a bottom. It's been trading in the 30K - 40K Satoshis range for a week now. Let's see if next week brings more stability at this price.
If it holds at this price then we may see more people buying Steem. There are a lot of potential buyers that are holding off while the price is in a constant decline. They are just waiting for Steem to find some bottom support.
That sounds simple and very logical. - So it basically mean that the price of steem have to increase. How come it dropped this much and so fast? And is there something one can do about this, as a non-millionaire?
You can share steemit, increase awareness and get more people onto the platform.
Its the price of steem and steemDollars nothing more. before it was $4 and now its around $.20 cents.
I'd rather see 1000 $10 posts than one $10k post. Lots of people here are making nothing at all from most posts despite getting lots of votes. I know how the algorithm works, but it's discouraging for new users.
I hope the Steem price will rise again, but that's hard to predict. Seems to be stuck at 38c for now
Yeah, I can totally see what you mean, and I was just like that too. - I thought that the rewards should be spread out on more content and more users, instead of having only a handful of $2000+ posts per day. With that being said, I still think that the rewards should be spread out a bit more than previously, but seriously though, to see a $32,000 makeup tutorial and $12,000+ travel posts and pretty simple introduction posts worth $1,000+ .. - That's something truly amazing and I don't want that to be a once in a lifetime thing.
I agree with you!