PLEASE HELP - addicted to STEEM - I put my life savings into STEEM before making my first post ~ I only have 1 question
I could not stop dreaming about STEEM so I put my life's savings into this community blockchain token. That was easy, because my next goal is to only do business with blockchains, which will be difficult to achieve.
STEEM is not a socialist free lunch, but a hard working meritocracy and the only digital currency that directly pays your business to mate with it.
I have a million and one questions simultaneously:
Can we have longer payout periods if the STEEM price stabilizes?
Can we have longer payout periods if the STEEM price stabilizes?
Can we have longer payout periods if the STEEM price stabilizes?
Can we have longer payout periods if the STEEM price stabilizes?
(x1,000,000)
I put my net worth into STEEM because I only see STEEM miners bending the knee in honest competition for the honor of mining my currency. No other digital currency currently has such entertaining gladiatorial competition. The way to live on Steemit is to be cool to others and to be original for yourself as you strive to help others. Be the best example.
Did I just spend my life's savings on a magic beanstalk? OH YEAH !!
What is the world record for the most followers without a single blog post? I got 7 !!!
teamsteem
sinceku
sergey44
plentyoffish
ottodv
michelle.gent
always1success
That's how it's done son (and that's why I put my first post in poetry too).
This is my first post, but if you have been paying attention to the STEEM Transfer Daily, then you know that I have powered up so hard lately, that people are making money here just by showing others exactly how hard I am powering up!
I made the IMP ART, but I didn't make the magic beanstalk:
http://www.theallium.com/science-life/greek-post-doc-delighted-he-will-now-be-paid-with-magic-beans/
And a very special thanks to my personal gif maker (veryrico):
So who can answer my question. If we can have longer payout periods, then more people will join our community:
Can we have longer payout periods when the STEEM price stabilizes?
Can we have longer payout periods when the STEEM price stabilizes?
Can we have longer payout periods when the STEEM price stabilizes?
Can we have longer payout periods when the STEEM price stabilizes?
Because we all know that if the payout peropd was longer, then less people would be walking away frustrated, because more people would be receiving some of the daily distribution.
Hmmmmmmm tracing down to the root
Boss @dimimp you've been a man with great intellect.....i followed up and I found something you've done with the whole of your heart which has brought you this far, the act of kindness, helping others, there's a saying that if you want to succeed then Follow the step of those who have succeeded, Thanks boss.... Love you
Wow, this is really great to learn about your start here on Steemit. You believed so much in the system right from tho beginning. Glad to have met you and your dreams.
In life, a man without the right information gets to stay in the dark. I wanted to know about the success story of Steemjet and I decided to carry out a research. Now I know how addictive you are to steem that's you created a community for the *Global Adoption of Steem.
Thanks for the privilege as a force member.
SF 7
Social Advisor Department
True......
☺
Word up....
Thank you..
Best of luck..
Most welcome sir..
Job well-done
wow...a great investment you made in steem. Men like you are the once keeping steem alive. i ll try and get an answer to the question of having longer payout period once the price of steem stabilizes.
#joshuaedoja
#sf3
Wow !! I'm new here great story you jumped right in!! I'm a minnow trying to become dolphin!!
Welcome to steemit; you have jumped in the ocean in a big way, as an instant dolphin!
On your question -- There is only so much steem available every day for payouts. If the devs change the payout cutoff from 30 days to never, then existing posts may make a little more over time but new posts may make a little less.
I think others probably do what I do -- if I come across a post I like which is older than 30 days, I check the person's blog and try to find a new post that I would like to up vote. So the person's account is still getting a reward from me that day. Further, I may Follow the person and up vote them on future posts. So older posts act as a sales funnel to get new followers/customers.
I followed you, and I hope your huge investment works out. I do feel that Steemit will work out for all of us!
Hey man, this is a good idea, wish a lot a Steemians saw this post.
great idea and contribution you are doing. I do the same and follow all who follow me amongst other things. Hell, this is about all of us as a community getting paid.
upvote,reply,resteem and follow @victorvazco
Thanks for this. I was wondering how to reward better :)
These are very valid points.
I still feel that having long term payout on posts is important as really good posts take a long time to write and edit. If a post doesn't do so well and doesn't make any more down the future then it becomes risky to invest the time in really comprehensive posts, especially without massive followings.
Also because the system is incentivised for immediacy older posts get little attention. There are LOTS of really good old posts but few people ever check out old posts. I feel some incentive for old posts would be great for the long term sustainability and for interaction of the community.
I feel that the long term payouts could possibly be better for writers, but it's hard to tell without having two steemits each with exactly the same qualities but with just the payout parameter being 30 days or forever, and then collecting the data to tell which is better over time.
This won't happen of course. Maybe it would be better to think about your payout as a whole, rather than the payout on any individual post. Although you won't get pay for a post older than 30 days, you may get payout on newer posts if someone finds your older post.
Plus, since Steemit articles rank Very High in Google searches, you will still build your own brand by people finding your older excellent articles while searching for terms that relate to your article. This build name recognition and will ultimately benefit you.
So basically I take a wider approach to being here. It's more about the whole experience than any one post, to me. But it's great to hear all opinions here, stated with respect to those who differ. We're not drama free here, but I find less of it compared to other places online!
This made a lot of sense and helped me understand how steem works a little. Thanks man. As a guy who started a day ago I wasn't very sure of where to go next. But now I just might have a chance.
rains are beautiful but beware you become wet too.
I don't disagree with anything you put forth here~
I am fine with it as I love Steemit, I just personally would prefer if there was incentive for people to not only look through but also UPvote really good timeless content because it deserves it and also helps bring more exposure.
Thanks for your valuable input of which I feel many can benefit by!
SteemON!
Thank you for this comment @kenny-crane!
I like your explanation. It sounds reasonable. Good poster will get attention and reward one way or another.
Ahh, I see, but I'm afraid that mere mortals such as myself who only are inspired annually won't benefit, or give curators much reason to dig for gems. I refuse to dilute my eternal canvass.
I am sick, I wanna handover my keys to suitable person.
My stomach need to be @dimimp-free
Thanks memories
Good luck, brutha.
The dev team is looking into this as a possible enhancement, although there are some complexities to it. The main one is that any post that is part of the payout needs to be held in memory for the active block-chain. If all posts needed to be held in memory, it would make it so that the system was not scalable. The other problem is that there is a fixed reward pool. If time goes on and more and more old posts continue to receive payout, there will be less in the pool for new posts. They are looking into solutions, but it is probably not something that will get fixed soon.
[Edit] Welcome to Steemit by the way :)
Thanks for the informative posts as always @timcliff !
Welcome :)
=)>
Holy Molly. Your wallet history looks awesome. I would say: balls of steel.
8 followers! Thanks oldtimer. Do you have any thoughts on my question?
I think that we have great team of experts behind steemit. Regular users like me don't understand deep enough how the whole system work. Maybe with fixing one issue we bring out two new problems. The guys on top did put a lot of time and effort in steemit and we should trust them. I think that they are way ahead us and pushing hard for steemit success. Anyway, we can't do nothing about that.We are just observers. And investors, like me and you. Think positive.