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RE: Daily Steem Stats Report - Wednesday, October 16, 2019

in #steemit5 years ago

You're welcome :)

At the current Steem price there is about $7.000 USD to be shared among all Steemians per day. That's peanuts compared to the total sum of revenue on Youtube. We all do our best to earn a small part of that small pie, but Youtube has a lot more money to share with its uploaders.

Even if you do very well you probably won't earn more than 1% of the total reward pool. That 1% would be a maximum of $70 per day. Not much compared to what some people make on Youtube per day.

During the 2017 hype a single Steem was worth multiple dollars. People were earning a lot of money on Steem, but most of them left during this bear market. They where here for the money only. At the current price, most of us won't get rich here ;-)

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It's not about the money, it's about the exposure. If it was about the pie I could buy a little more Steem and only curate; that has become very lucrative and I can feel the difference even with my measly 4k VP. (Whether there is something left to curate we shall see soon enough.) Blog about what I curate on a daily basis and bingo. That could become the start to a nice little income from a hobby. "Rich" is different, I'm clear on that.

The media acct. is not my first one here. I was there for the hype; good times :-) I stuck around and kept producing content. I only quit writing and recording narration for my vids. It's a hobby, but there is a limit to working for "free" and I had to come up with a quicker format. Now I can't even push those to where they are seen... Too bad.

Let's see where things are headed.