I'm interested where you are going with this, so I'll bite.
I became a minnow with steem around $1.75 and became a dolphin with steem at 27 cents. Thus I was a minnow when steem peaked, though I didn't get a chance to sell any at that time.
Everyone who says only whales make money here demonstrate they have no faith on the future of their holdings. 100 Steem valued at .30 US each doesn't feel like much (30.00). If 5-10 years from now it is worth 100.00 each that 30.00 valuation is now 10,000.00 US. That's only 100 Steem. Start adding zeros to that and it doesn't take much imagination to see what can be.
The potential for it is good, and I would ask how much Eth/Bitcoin/whatever alt is out there to get on a daily basis for posting, commenting and upvoting to those who complain on how quickly they can obtain it here. But, you can't get anyone to see something that they refuse to see.
I mean it's impossible for the average user to earn Steem. No matter how much you try, how often you post or what kind of posts you write. The only people earning Steem are the Top 100. They have thousands of followers (many of them dead accounts of course) and keep getting new followers because when a new user is exposed to the same posts everyday promoted by these whales and see these people have thousands of followers, they will follow too. And it's shocking to me that the top 100 users have more power than all the others combined. Just take a look at the statistics. And many of them don't care about the network, just about their money. And they need new users in order to keep that money and not lose value. There are of course some initiatives trying to help minnows and promote new users. But most of them are very expensive for the average new user. So we see dolphins and whales again using these services and bots.
I'm interested where you are going with this, so I'll bite.
I became a minnow with steem around $1.75 and became a dolphin with steem at 27 cents. Thus I was a minnow when steem peaked, though I didn't get a chance to sell any at that time.
Your point is?
Everyone who says only whales make money here demonstrate they have no faith on the future of their holdings. 100 Steem valued at .30 US each doesn't feel like much (30.00). If 5-10 years from now it is worth 100.00 each that 30.00 valuation is now 10,000.00 US. That's only 100 Steem. Start adding zeros to that and it doesn't take much imagination to see what can be.
The potential for it is good, and I would ask how much Eth/Bitcoin/whatever alt is out there to get on a daily basis for posting, commenting and upvoting to those who complain on how quickly they can obtain it here. But, you can't get anyone to see something that they refuse to see.
Dear @practicalthought
I only had a chance to read your old comment just now. I appreciate you taking time to share your thoughts with us.
Enjoy your weekend,
Piotr
Hi @ecoinstant
I was also curious what was his point? @ond? Would you mind sharing?
Cheers
Piotr
I mean it's impossible for the average user to earn Steem. No matter how much you try, how often you post or what kind of posts you write. The only people earning Steem are the Top 100. They have thousands of followers (many of them dead accounts of course) and keep getting new followers because when a new user is exposed to the same posts everyday promoted by these whales and see these people have thousands of followers, they will follow too. And it's shocking to me that the top 100 users have more power than all the others combined. Just take a look at the statistics. And many of them don't care about the network, just about their money. And they need new users in order to keep that money and not lose value. There are of course some initiatives trying to help minnows and promote new users. But most of them are very expensive for the average new user. So we see dolphins and whales again using these services and bots.