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RE: We have reached 1 Million STEEM accounts! Congratz guys ๐๐๐
I'm afraid we're focusing on the wrong information. 1 000 000 accounts doesn't mean anything. Only 6% of the accounts are being used! 6%! We need to fix the problems here. We all know them. But there are not being fixed. I'm very concerned.
I don't think it is that bad yet. If 1 Mill means 60k active users and 2 Mill means 120k, we will be just fine. The price would likely double or triple. But if we don't see 120k or more with 2 Mill, that would certainly be bad. I think with communities and SMTs in the near future, a scenario where we don#t see 120k @ 2 Mill is not very likely.
Many of the early adopters lost interest, so what? STEEM is not widely known yet, even if we are in the top 1000 websites worldwide.
That's a fair point. The real risk with a site like this is, and always has been, that there may be issues that require some sort of top-down moderation, but this site exists largely on an ideology of community moderation. I don't want to get super political here, but I'm not an AnCap. I see times when we need authorities to make changes when things are going wrong to this degree. Clearly we need some serious changes if only 6% of accounts are being used (btw I'd love to know the source for that number). Community moderation might help make a better community eventually, but without some top-down change that will take forever.
I am genuinely excited at the growth of the site, but you are right that we should look beyond the sheer number of accounts to focus on retention of those who do sign up.
You can look at this user's blog https://steemit.com/@arcange
He post's regularly about Steemit's statistics.
I agree with you. We need some type of moderaton. Issues are not being fixed and I'm afraid the community will not do it either.
1 Million accounts is a milestone. But it's far from enough.
Thanks, that account seems pretty informative.
This all has made me think about why people leave this site - in fact I think I'll write something about it. I think the multiple types of currency (SPD, STEEM, and Steem power for that matter) really confuse people and make the site needlessly complication. This site, unfortunately, has an incredibly high learning curve compared to sites like Facebook. I'm not sure how that can be changed, but I think some top-down change needs to happen in order to fix this.
I look forward to your writing!
I bet that half of the 6% being used are bots.
How do You get this number?
60 000 daily active users = 6%