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RE: Steem Price under Massive Pressure as more Whales Power Down.

in #steemit7 years ago

Problem with that Luke is very few people read anything here. Some of the biggest earners are earning 90% plus from autovotes from other dolphins. Look at many high paying posts and its all about promotion and autovotes, its easy to see this from the view figures as opposed to the upvotes.

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Look at many high paying posts

You're looking at the wrong thing, IMO. Instead you should be thinking about how many real relationships you've built here. Those are what turn into meaningful value in the long-term. Auto votes aren't so bad if they come from friends who want to ensure the consistently good content you create continues to get rewarded, even if they don't read every post. Often views relate to how big of a following people have on other social media channels as well. If they are promoting their content elsewhere (Facebook, Twitter, etc), that also matters.

Good point, Ive met some lovely people here, but then again, every friend I have in the last 20 years has been from some form of internet 'social media' so I guess that alone doesnt justify the content reward system. There are no simple answers here! but the whole system needs radical adjustment for it to continue to grow.

needs radical adjustment for it to continue to grow.

Can you share some examples with me? As a top 20 witness, I may be able to campaign for specific things.

i feel if the inner workings and explanations were more straightforward, id be more inclined to put my own money into it, rather than just time and energy. Once i understand the logistics and complexity of how something works, i can become extremely dedicated to it and spend time perfecting it and improving it... but i feel lost in a maze, honestly. Ill keep trying though.

Keep trying. Its complex but it all becomes clear. It's like a strategy based computer game in many ways :-)

c (L) e~ a. r e (a) d e/b t ass (k) t a (i) n d (h) e'ye (a) t ~ 0/0 t/h (a) d (g) s' us t (c) a in d (h) e'ye (i) t

https://steemit.com/introduceyourself/@xubrnt/ste-emit-4-8-2018-in-n-t-r-0

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i wish there was a way to get value for sharing outside of steemit, to tally likes, and get some kind of reward for bringing new eyes to steemit that way. its unbelievably hard to get people to sign up when it takes weeks to join, and by then your post is in the dustbin of steemit history.

t/h~ e x am p (u) L/L (e'ye) D e/b tu be (a)d 0ff (i/f) t ~h (a) d ew/(e) i/t
https://steemit.com/g0fig/@xubrnt/c-0-m-m-e-n-t-s-0-0-t-h-a-d-ew-e-i-d

I have had a great time on steemit, I dont produce super quality content. I have to live from about 600€ pay check, so yeah I use minnowbooster and smartsteem to get some extra, mostly to promote steem to the people I meet, because I have had many qeustions like: yeah right, if you can actually show you make money we might believe it. People always think there is somekind of catch. But we most not forget, to get more people on board Steemit, we have to be a bit forgiving. I for one am totally a social media noob, and just look at Facebook it didn't take the market by people producing quality conent.
I think people should use it like they would Facebook, if they produce some quality then thats only a plus!!
Me: im stil learning ofcourse but I started from scratch have had big votes from whales, invested a bit, profited a bit and loving Steemit.
I never saw a reason to use Facebook or any other social media, Steemit changed my mind completely, no censorship, and make some money while your at it!
I love cannabis related stuff and Steemit has plenty of it!!

t/h eg(g) 0 (0) d 0 w/h e'ye (a) t (h)(d) 0 w/i th0ut (a) b a s (i) s ~ (t) 0 (0) L (h) e (a)ve (i)n (d) s (b) u m/m e (ye) i.d. (h) 0/n e

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Screen Shot 2018-04-11 at 9.39.48 AM.pngScreen Shot 2018-04-11 at 9.39.55 AM.png

d e/b t 0 w/h 0/d (0) b (r) 0~a d c (h) a s/s (t) e' ye (i) t (s) a i' L/L (H) D

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d e/b t 0/0 t/h e/n (d's) am e (L/L) D ~ e/b t ass (0) w/e L/L (h) D

it is difficult to watch the s-(e-) am- e- (n-)d- ch- ew/e- d- e/b- t- ass- k- (i- s/s-i-) t- with n0 0/n e (a) t

(u) bu e'ye (a s/s k) t

Although I have been on Steemit only a short time, I have noticed some things that indicate that it is not really about content at all. I have made long content filled posts that got less attention than a simple copy-paste meme. I think Steemit is a platform about how to play the Steemit Game. And many of the very few responses I have got have been from automated bots. Anyway, I'm still trying to figure it all out, I posted about it here - https://steemit.com/steemit/@mmo-mmo/5ge1eo-is-steemit-a-pyramid-scheme-at-least-for-newbie-minnows