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RE: Steem keeps falling. The silence is deafening.
I am new to steem. So far (30 minutes) loving it. Its a great information sharing platform. And love the remuneration part of it. Maybe we should see it for its true value. Information and networking. And not for money making purposes, that should come eventually... facebook wasnt build in a few months either.
Most of the new users would love steemit for about two weeks, after two weeks, more than 80% of them wouldn't come back .
"Some folks like this platform a lot and want to see it succeed. Those are the people that I think are most likely to put money in the pot now. "
"They aren't savvy investors."
the platform has to pay for the cost of the system ... 1st ... and it must test the 'witness' group by making it unprofitable for a long stretch.
i see a long run at the bottom. and you're right some of the better of the bloggers are going to sink what little USD they hold now and get burned. that will reduce the content quality as they lose hope/money.
HOPE is finding some rational business model at the bottom. Perhaps the 'promoted' feature starts to generate revenue.
Likely be a pay to play pitch too.
promoted post was a failure.
Yeah. Pretty sure all whales have abandoned me. One exception might be Smooth, but it appears that's a 1% vote or their voting power is always low. Nobody likes a critic. Oh well.
yes, and we have all said the reasons for this user retention problem OVER AND OVER AND OVER AND OVER AND OVER AND OVER AGAIN. No reponse from Steemit Inc. yet.
I haven't seen any posts, no communication, no recognition of the problems. 'WE'RE STILL IN BETA'. Yes, but ignoring our concerns and the platform's problems will get no where........today, there's a new post every 4 minutes.........I've never seen it that slow before. But I've already spent way too much of my time to just give up. Until something better comes along that solves all my social media issues, I'm going to be in here.
Well said @stellabelle - me too! I've invested 100s of hours on Steemit and I want to see a recognition of problems as well! When the market cap falls below $20M, the real sink or swim feeling will kick in I believe??
I've been around for a couple months and like it as much as ever!
Yep. Cool place to blog. Shitty investment at the moment.
I happen to disagree on the 2nd point, at least as an investment for myself. I wouldn't recommend an investment like this to my parents because we have highly different levels of risk tolerance.
But, if people always agreed on investments, we'd only have just buyers or just sellers; markets to trade the investments would cease to exist. Disagreement keeps people on their toes and makes things interesting!
People are getting anxious because they aren't making $1,000,000 off their posts and the price of steem is steadily falling. But that's ok, all we need is to power up! If everybody powers up there steem then the price will rise... Until then, we will have people questioning the users of steemit.