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RE: Steemit will bootstrap Steem's Digital Economy & I'm not Selling because of a Crypto Bear Market

in #steemit7 years ago

I hardly watch the price of Steem. I have very little money invested right now. I wanted to make sure what I was invested in before I got in too deep. I'm glad I did.

There seems to be a flaw in the design that allows heavily invested users to rape the reward pool to a point that everyone else makes little to no money by providing content. If the only people that stand to gain anything by being here are the richest I don't know how many percent then you are not going to get people coming here.

Holding your vote for only the most professional looking content will stagnate the platform. You'll end up with the exact same content as a million other news platforms on the internet and everyone will just be reading instead of joining and participating.

I don't care if someone uses headers. I don't care if their pictures are HD. If someone puts in an effort to express their opinion or inform me about something I am interested in, they get my vote. If I open their post and read it from start to finish without closing the window then they deserve a vote. If it was complete garbage I wouldn't have bothered with more than a passing glance.

If you want people to join then they have to feel included. If you want to give constructive criticism great but don't withhold your vote. You make that person want to give up because they know they aren't ever going to produce professional, publishable content.

People that enjoy what they are doing will strive to get better at what they enjoy. They will try to do a better job than other people that are doing the same thing. There has to be some incentive to try. I'm not going to be Walter Cronkite. If I have to be Walter Cronkite to post here then I might as well leave.

The way things are headed there are going to be two kinds of posts to see here. There will be a few big accounts producing content and then the rest of the users will be spammers and bots. It's already headed this way. Just go look in the new posts category and see what you see.

There's a big circle jerk of the top content producers all upvoting themselves or each other. The newcomers come in with enthusiasm for a platform that might pay them for their content and then they find out they have as much chance of making money on Steemit as selling their post to Facebook.

People don't care about most of the posts on Facebook and yet they read them and upvote them anyway. This platform needs to be more inclusive. I give my upvotes freely. If I stand any chance of being successful here it's going to be by getting more users like myself to join.

Leave it to greed to destroy a good thing.

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I agree to some of the points made here! But to be honest, let's say you don't blog to make money (like how there are users utilizing Facebook & Reddit)

  • Steemit is extremely SEO friendly
  • Steemit has the potential to grow & attract more users (it's relatively New)
  • It can be compared more to Reddit than Facebook (there doesn't need to be incentives for users to sign up)
  • It's decentralized
  • You don't need to invest to be part of this network & stand a chance to earn from Comments & Post

At this point, I think those that have a lot at Stake, should use their brains to grow the network because Steem Value isn't going up when we only have 1 Million registered users..

There are already Flags Wars and people are going after Whales.... This is really an experiment but i don't see how it's not going to succeed because it's truly revolutionary idea. Perhaps there are some flaws but I doubt we ever can't get a near perfect platform.

If Steem price was around 0.01-0.05 Cents, we would have many whales with little vote power... The lower the price of Steem the better the chances of someone having a more powerful upvote in the near future. If you're a late joiner and don't want to buy Steem, you don't need to write to please other Users

The abuse of Voting Power is probably the worst thing happening on this platform but those individuals have invested more money into the platform and took a bigger risk initially! Once you have a bigger community that's more aggressive when comes to reward distribution, the #leaveSteemit or #flagWhales motive will rise just like #deleteFacebook

I would want to have more SP so I can upvote some of my Friends Post and those who leave Comments. It's hard to determine what deserves to get upvoted because we all are used to centralized services that make their investors money.

It's definitely a good idea to have Cryptocurrency get distributed and seems like to me that whenever money that has financial value is involved, human nature seems to play an important role.

For the love of money is a root of all kinds of evil