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RE: Weekly Steem Stats Report - Monday, March 12, 2018
I think it's due to the lower Steem price.
On the other hand more chance that our posts getting noticed!
That's right!
In addition, more Steem is available in the reward pool :)
Yep, it really seems that the value of Steem is correlated to the amount of posts that are made on the blockchain.
Thx for the explanation.
Personally not so busy with the value of steem. Don’t look at the value now because the value will increase. As long as post, regardless of the value of Steem, your power will increase, which will have much more value in the future.
Or am I missing something?
Thats entirely correct. I think most people know this. But then when the look at the reward$, they see a lower number due to lower steem price and they get demotivated. So I think its a subconscious psychological effect.
It probably is. But they have to see it as an investment in the future.
Most do post and comment for the money. It is ridiculous browsing through comments, even in this post, how people think that they could get an upvote or get noticed.
They forget that a genuine comment or post, is the only thing that works.
I will repeat myself again. I rather have a genuine comment on my post than an upvote. If I do get both, even if it is a 1 cent comment, I feel like I just hit the jackpot. This cause I wrote something down which others find interesting!
Let me add that there is some value of thinking in the value right now. Assuming you just want to make money and if you spend 1h on posting and that brings you 1$ now, you could better work some job for 5$ and invest that in steem at the current price.
That's a good point. Right now it's not really "worth it" for most people to create posts, so they could absolutely follow your advice and invest instead ;)
Absolutely true! I personally think that Steem will hit a $100 price per token in a few years, so that means that to me investment, even a 10 cent upvote is worth $10 ;) But of course anything can happen, but I'm ready to hodl for a long time!