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RE: Delegation Issue

I'm aware that many accounts are socks. There is no data that breaks that down, and all that there is to go on is how many accounts exist. Ok, so let's assume that you, Bernie, and 98 of your friends and associates made thousands of accounts. I have no way to quantify what the average number of accounts you guys made is.

So, let's just pull a number out of the air. Let's say you guys averaged 2k accounts each, and there's 100 of you. That's 200k accounts that were never any more than socks. Guess what? That is a rounding error in my calculations. The figure of 1m+ was just simplifying and rounding down from 1.2M.

Retention is almost certainly below 5% at this time. It was only ~7.5% YOY a year or so ago, and we presently have ~half the accounts we had then. There's just no good data on how many accounts there ever were made by actual users, or how many remain in operation. Your low estimate is 7%, and my high is 5%.

I'm not gonna hold my breath and turn blue until you agree to 6%. It's not really germaine to the issue, which is that Steem has been so breathtakingly mismanaged that despite the shiny financial incentive to create content on the blockchain, it has abysmal user retention, far worse than Fakebook - which is hemorrhaging users itself.

5 - 7% is higher than I think retention is, and lower than you think retention is, but we're only off by 2 points, and probably agree on why retention is so bad.

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I know of 300k accounts that was offered for sale by someone milking the signup page. That's in addition to socks, mined accounts, non-user accounts, other signup milkers, etc.

Anyway, of course, yes, we agree retention is bad. Even if my highest estimate is correct (and I wouldn't have high confidence in that, as it is was always meant as an extreme/unlikely estimate), that is still pretty low.

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