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RE: What i learned as a minnow!

in #steemit7 years ago

Interesting perspective which I can relate to. When I read the white paper on the purpose and function of steemit. My interpretation was that users would identify what they considered 'good' content and by their upvoting and resteeming behaviour would ensure that useful and helpful content would get better ranking and by definition better earning potential. Secondly posts similar to facebook about daily life events would encourage a sense of community.
So there is a built in incentive to find and follow users that create posts of this nature.
The seven day life of a post is fine if the user is getting a significant number of upvotes and resteem equating to several hundreds of dollars. Most blogs do not earn that kind of money even if they have been online for many years.
Personally I have blogs on other websites that have made over a $2,000 but it has taken many years and YouTube is the same in terms of earnings...abysmal.
Good post and a real honest assessment of your experience so far. I do think that as we move forward and gain more followers and reputation we will see increased earnings and accept that seven days may be sufficient time to capitalise on that post.
Some posts on steemit have made $1,000 in just a week.
Upvoted and resteemed #oldtimers

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Thank you for that great feedback and sharing your view as well. What i hope for as steemit moves forward and gains followers is, that there will be a better distribution of steem and steempower. I imagine that, the better the distribution of influence, the more quality will get rewarded .So the investment of time and work will directly relate to the amount of $ earned. I don't believe thats the case yet. Currently there are spam and flower posts upvoted by whales, which might be legit, but leads to frustration for newbies who spent a lot of time on their blogpost with 0.05$.

I'm also hopeful that you're insights will come to fruition eventually. Anyone can buy influence by purchasing more steem but as you say. It's skewing the distribution of earnings in their favour via curating post that give them added fees etc.
The simple solution is to buy some influence funds permitting.