A Simple Question To Steem Stakeholders

in #direction5 years ago (edited)


Is it better to:

(1) keep building apps and projects on the Steem blockchain that continue to turn into empty shopping malls (with heavy SP pinpointed on a few in those niches),

or,

(2) help faithful community participants/content creators thrive so Steemians stop dropping off the chain like flies, and are rejuvenated to believe and market again?


Sometimes it's not about how much of a reward you get, it's who you get the rewards from that can often mean the most. This keeps people feeling appreciated, respected, and part of the team.

If we can't support our currently microscopic user base, I don't see how we'll support the millions dreamers dream about.

Steem is currently a deserted mirage for social media success, not an oasis for the masses.

We can dream big picture, but we also need to act big picture.

If influencers were watering more wisely over the past couple of years, there'd be a whole lot more green around here.

@steemmatt

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Back when I first joined Steemit, when the SBD was worth something,
I was still creeping along, though I was excited to finally be realizing
Some profit from creating and posting.
I shared a video of one of my live performances(YouTube, this was
Before DTube existed). One of my early and still very important
Contacts here in Steemit, brought the video to the attention
Of someone in Curie, and that one post blossomed. I don't
Remember what it ended up being worth, but I think it
Was something like $14.00, in just a matter of hours!
I was ecstatic. Since then, the price of Steem has
Plummeted, my bank net worth went from
$5K+ to several hundred. I was heart
Broken, and I still remain so. I don't
Put nearly as much effort into
Crafting a post as I once did.
And that is a shame. Oh
Well, thanks @steemmatt.

At this point, I've mostly disassociated Steem with $. For $, after I hit 5,000 SP, I'm going to ship some small liquid earnings off for tiny slices of BTC, but that's really it. I've never invested here so I can try to focus on fun and earning it, albeit a hard path. This way, I never have to think much about my account value. The only time I cared about the $, outside of cashing out SBD for USD during its peak a long time ago, was in the scale of rewards I'd earn to see that people appreciated me. Getting $5 or $0.50 isn't going to change my life, but it was a good way to know more people liked my content/I developed a nice following of Steemians.

Either way, we've put in plenty of time for it to be worth more, but I just try to think of this as a Hail Mary miracle for financial gain in the future, a nice surprise if it happens. Thanks for your thoughts.

Agreed...too much fertilizer and not enough water will burn the flowers we're trying to grow

You are one of the brightest flowers we have, sunshine.

awww...i bet you say that to all the flowers :) thanks lol

Yeah, it's crazy to me that people who don't have time to curate will delegate to bidbots instead of curie. If curie had the most SP to throw around this platform would be THE go to place for the best articles and information.... but alas...

Alas. At these prices, I'm simply hoping people get bored with their putrid ROI and realize that the SP is better spent on things like you just said.

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Irrespective of the bear market in altcoins, what's mind boggling is that plenty of people doing the building are also suppressing the price by dumping on the market. It's hard enough to keep up with inflation alone. Now people are powering down and exiting, which adds additional pressure.

The user base seems to be a bit fickle and cyclical too.

That being said, these big entities like projects amassing SP need to have some percentage of that SP pointed at some of the better curation trails.

True! I'm guessing that many are "full-time" Steemians who have to generate income or else their spouse will have their heads for quitting their jobs during the last bull run. Alternatively, maybe they're truly in need of the funds, so they're gambling too much with what they can't afford to lose.

The Steem buy/sell volume has always been super low, one of the biggest red flags for me (not that I want it that way). If a decent portion of that is STINC and stakeholders dumping, well, sigh... At least someone has to buy when there's selling, albeit at lower and lower prices.

Spot on with curation trail delegation. If I convinced myself to invest here, my SP would be going to groups like @c-squared when I was inactive.