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RE: My video about Steem promoted in 9 forums !
I find it rather interesting how many people appear to be promoting the Steemit / Steem Platform, yet the Steemit "active" membership, like the Steem coin, continues to decline at an alarming rate.
At least the rating is growing in coinmarketcap ! We moved from 82 to 76 recently. Today it's 79. But, that's not the problem of steem, but because a lot of competitors apeared. Maybe we should learn something from them and create something better than they do. I know that any kind of application can be created here. After all we are keep building this all together. If we give up, it will be worse. We keep promoting and it will be better. The thing is not about the price, rating and money we earn here, but about the technology and great things we have here. Take a look at what I wrote here about steem and you will see that among decentralized applications we are doing pretty well. $60 MILLION INVESTED IN STEEM !. We have so many communities, so many applications and tribes in https://steem-engine.com/ . In the future we will have also SMT's and we are already working on it here : https://beta.steemit.com/communities I think most communities there will have their own SMT, and the price of that SMT can even be better than steem and that's ok. It depend on how valuable the token will be and how many people will invest in it. I will create an SMT for @dcooperation myself. Steem is just starting and it's not going anywhere ! That's what I think !
Steemit's problem is not with its promotion, but rather with how the platform is designed, especially with regards to how curator rewards are allocated. I realize that it is done by a rather complicated algorithm, but that is the whole point. The algorithm is designed to reward a very few at the top, while allowing next to nothing to the overwhelming majority of members. Once new members understand how their anticipated rewards are actually being calculated, and that in reality, they receive virtually nothing for their time and efforts, they will leave the platform faster than they came. So without massive changes to the reward system, no amount of promotion will save the Steemit platform. It is doomed to failure by its very design. If nothing changes for the better, when it will fail is just a matter of time, but it will fail.
I'm not talking about steemit, but about steem. You seems confused. Steemit is just a platform built on steem. Steem blockchain is something huge where a lot of applications, communities and tokens are built. Most of us are promoting steem, but not only steemit. Steem blockchain is what's the most promoted now. Not only steemit.
Are you suggesting that curation rewards shouldn't depend on the the size of the voting stake used? It costs money to buy Steem Power. Therefore, the more Steem Power you own, the more you should be paid for curating.
How much do they get paid on Facebook for liking posts again?
"Are you suggesting that curation rewards shouldn't depend on the the size of the voting stake used?"
Absolutely! Just imagine if our political voting systems were based on how much money voters had! That would mean that less than 1% of the world would be able to dictate how the remaining 99% plus lived, and that 99% plus would have absolutely no say in the matter. No thanks!
"How much do they get paid on Facebook for liking posts again?"
Facebook members do not have to pay in order to be allowed to like posts. Besides, the vast majority of Steemit members can make just as much money on Facebook....yes, nothing!
Steemit is a quickly dying platform for this, and many other reasons.
Steem is not a country.
Besides, why would anyone ever want to power up if they weren't allowed to earn curation rewards? To self vote? How do you think that would motivate any stakeholder to curate?
You don't have to own any more Steem Power than what Steemit, Inc delegates to you for free when you have an account created for you to upvote a post.
Complete rubbish. Anyone can make money on their content on Steem and the threshold for that is MUCH LOWER than on Facebook. Not everyone automatically does. Steem is not a welfare provider. You can't help but spend time networking and providing quality content and that's the way it should be.
Certainly not for the reasons you are proposing.
Steem is a tiny platform in comparison to most other social media platforms. Yet, it has delivered $100 million dollars worth of author rewards in the four years or so it has existed. Despite such generosity on part of investors, there are users on it bitching and moaning for more. There are thousands of users on Steem that are making orders of magnitude more than they could on any other platform. If Steem is going to die, it may do so because it being TOO generous.
Obviously you are one of Steemit's die-hards who have closed their eyes to reality.
"Yet, it has delivered $100 million dollars worth of author rewards in the four years or so it has existed."
Perhaps, but to whom? The answer is simple: To a very select few at the top, at the expense of the many who have joined and ended up leaving the platform over the years after seeing the very poor way it is run.
"If Steem is going to die, it may do so because it being TOO generous."
I honestly hope that you do not believe what you are saying. If you do, then I'm afraid that you have a very warped sense of fairness.
You may think you have all the answers, and are part of the solution, but on the contrary, you are a big part of the problem why Steemit is in such a rapid decline. All you are doing, is helping to run an illegal ponzi scheme...a scheme that will soon end.
Actually, the decline in the usage stats as well as the coin price has leveled off in the last 2-3 months. It's all part of the cyclical nature of cryptocurrency markets, driven by the Bitcoin halving events every four years. We've seen a grueling year-long correction in Bitcoin, a pump (also in the STEEM price) last year, and an uptick buying as the BTC halving event approaches. I'm guessing we'll see another raging bull market top out a couple of years from now.