Most people on steem toot their own horns or circle jerk themselves to exhaustion. However, facebook and other social media is similar.
They say there is financial incentive with steem. But it's really difficult to say that when the value is 3 steem for a buck. An investor doesnt focus on one chain unless they are a bad investor.
From an investors perspective it is insanely volatile and there are other cryptos with less inflation and less work where freeloaders and conartists can't just gobble up the reward pool.
From an honest bloggers perspective unless you are an orca (or a gifted blogger who should probably devote more time to a more profitable platform for gifted bloggers) you need to be a superior circle jerker and squeeze the block chain to make a decent roi. Ur fiancially better off flipping burgers for the clown, my friend. Oh and as for unrealized roi, Why do you think steem will exceed BTC?
That leave the developers/community builders, hobbyists, addicts, people who've been duped / are lost, and dishonest actors/ leeches. Welcome to Steem. I am a hobbyist, investor, and perhaps a boarderline addict, I think.
It's easy to become frustrated as an investor but you have only been here 18 months. Most of my best investments have taken considerably longer than that. Getting in during a bubble and complaining about volatility is disingenuous. Now is a great time if you believe in the long term value. You're not wasting your time here more than anywhere else on the internet and you do get something for it.
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Fair points. I'm not selling out yet and I didn't buy in when I first joined. The bubble did inspire me to join, though.
Right now I'm on 110% reinvest mode (its possible amd mine is likely higher). It's certainlybnot a good time to be selling.
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