The retention issue may become a big problem. There are already alot of newer users getting discouraged after a few weeks of contributing and seeing their posts earn pennies. Hell, my posts earn pennies and I'm an experienced writer. Though I'm here as much for the social experiment as anything else, even I've gotten annoyed by it.
For now there is enough influx of new users that it won't be an issue, but that's not the answer. Then it would just be a user ponzi scheme.....new replacing old on a constant circle to keep it afloat.
Well that is problematic, of course it has annoyed you. Here is a question Would you be contributing to the platform if you couldn't potentially get paid? Or would you do something else? Would you use other outlets to write? @scaredycatguide
This is what they have to deal with.
Exactly! I love to write and create content. But would I do it here if there was no potential to earn. Yes and No. I would still post here, but it would only be content directly from a blog to help build my following.
I likely would not create all the additional original content I post here exclusively.
I have a feeling that opinion may be widespread throughout the user base. It certainly is a dilemma steemit will have to face at some point.
Either way I still plan to buy some steem power, but am looking to get it as cheap as possible before the next spike....cus there always is a random spike on any blip of positive news. :-)