PostsCommentsPayoutsbbilgin (43)in #steem • 7 years agoSteemit Crosses 800K Users! What Does That Really Mean?There's a sense of euphoria on Steemit about growing number of users. I don't want to be the Grinch of the party, but I'm not that enthusiastic about the growing user…bbilgin (43)in #steemit • 7 years agoGenerate a Word Cloud and Sentiment Analysis for Your Steemit AccountYesterday, I came across two Steemit tools by @egmracer01. The first tool generates a word cloud for a given Steemit account. The word cloud that I generated for my Steemit…bbilgin (43)in #steem • 7 years agoWhy Should an Investor Prefer Steem/Steem Power over Bitcoin?When I think about investing in an asset, I don't project possible profits in fiat money. Keeping my savings in fiat is a losing investment in the long term for sure.…bbilgin (43)in #steemit • 7 years agoWhy Is It Idiotic to Abuse the Reward Pool of Steemit?Maybe you are looking at idiotic posts on the trending tab receiving hundreds of dollars in rewards and you are thinking that those people are making a royal income off…bbilgin (43)in #steemit • 7 years agoYou've Got the Power, Steemit User!Today, it dawned on me that we, the Steemit users, have more power than we think. First of all, Steemit is implemented on blockchain. That means its data is open to everyone to…bbilgin (43)in #steemit • 7 years agoThinking of Quitting Steemit?I guess I am not the only one who's thinking of quitting Steemit. I've been here for two weeks. I know it hasn't been that long and I have to give more time to Steemit to get…bbilgin (43)in #steemit • 7 years agoA Solution Proposal to the Reward Pool Abuse Problem on Steemit [Updated Version]$65 Million USD is paid to authors and curators in a year on Steemit. Some of us, including me, have suspicions that the content posted on Steemit in one year is not worth $65…bbilgin (43)in #steemit • 7 years ago10 Votes a Day Keep the Abuser Away!Or in Other Words: How to Prevent Your Steem Power from Being Abused hannahlouise123/pixabay It's not a secret that the reward pool for authors and curators is abused.…bbilgin (43)in #steemit • 7 years agoCan Steemit Survive Burning $65 Million USD in Author and Curator Rewards Every Year?Yes, you've read that right. Steemit pays $65 Million USD in rewards to authors and curators every year. Intellectual/pixabay Here is the math. The market cap of Steem…bbilgin (43)in #steemit • 7 years agoHow to Solve the Reward Pool Abuse Problem Once and For AllUPDATE Feb 21, 2018: I've published an updated version of this solution proposal taking into account the feedback I received: A Solution Proposal to the Reward Pool Abuse…bbilgin (43)in #steemit • 7 years agoVariable Inflation Rate Is the Solution to the Reward Pool Abuse ProblemWhat Is the Reason for the Reward Pool Abuse Problem? UPDATE Feb 15, 2018: The diagnosis of the problem in this post was correct, but the solution wasn't. So, I published…bbilgin (43)in #steemit • 7 years agoSteemit Reward Pool Abuse, Myth or Fact?UPDATE: I published a new solution proposal to the reward pool abuse problem taking into account the feedback by @biophil below. Here is the proposal: Variable Inflation Rate…bbilgin (43)in #steemit • 7 years agoThe Reward Pool Abuse on Steemit Can Be Eliminated with This Simple TweakUPDATE Feb 14, 2018: The formula discussed in this post isn't used anymore in the reward distribution process. I have written another post about the current reward…bbilgin (43)in #steemit • 7 years agoThe Alchemy of Steemit Will Be Its DoomUPDATE Feb 14, 2018: The formula discussed in this post isn't used anymore in the reward distribution process. I have written another post about the current reward…bbilgin (43)in #steemit • 7 years agoIs Steemit a Pyramid Scheme?UPDATE Feb 14, 2018: As explained below by @biophil, the formula discussed in this post isn't used anymore in the reward distribution process. I have written another post…bbilgin (43)in #steemit • 7 years agoWhat is the Potential of Steemit?The market caps of Facebook, Twitter, and Snapchat are $500+, $20+, and $20+ billion USD, respectively. Steemit has a better business model than all three.…bbilgin (43)in #investing • 7 years agoThis is why I’m investing in Steem PowerSomeone just flagged my legitimate comment, because I flagged their spam comment. Now, I feel like buying even more Steem Power and starting a flag war. I’m not going to do…bbilgin (43)in #steemit • 7 years agoSteemit Feature RequestsFilter posts according to the language. When registering ask me the languages I speak and then filter the posts that don’t match those languages. Make it a setting that I can…bbilgin (43)in #steem • 7 years agoIs there any reason why there isn’t a separate downvote button next to the upvote button?I know that there’s a flag button, but I’d use the flag button only for abusive content. I’d use the downvote button with the posts that I don’t agree with or that don’t provide…