How Will The Influx Of Users Impact The Rewards Of Content Creators?

in #steem6 years ago (edited)


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Earning Less & Less Steem

For us content creators it looks like earning Steem will become much harder in the future. However the price of Steem may also rise. @Exyle made a great post about this very thing and he gave thorough examples of it as well. Mainly what I took away from what he had to say was that the Steem blockchain will still be good for content producers but there are loads more potential for entrepreneurs. Here is my review of what he had to say about the future of content creators.

What are your thoughts?


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@humanearl,
I agree bro, comparing to last year, earning STEEM is become much harder now! Once I made an article about my personal blogging earnings as well! It might discourage new people here! But if they understand the process, they might not complain and start earning amazingly!

Cheers~

I read through his post and I think that he's right. It's only going to continue to get harder to get Steem and Steem Power. That's why it's important to get it while you can. It won't be easier to get Steem again than it is right now (from a rewards perspective). If the price drops, you could buy it cheaper, but from a pure rewards perspective, it's important to be posting now because eventually, if Steem sticks around, it will be worth more later, possibly much more.

I agree with these thoughts. First of all, because the number of users will create additional competition for a common pool. This means that the authors will become more difficult to earn STEEM in the future. In addition, the complexity of mining is also increasing. The more the price of one STEEM will be, the less the payments (payments in STEEM) will be received by the authors.
In my opinion, we are in that period of time when we have many opportunities.

@humanearl, When I came steem blockchain first time hard to earn SBD. But I have passed earn lot SBD within next two months via only comments. But currently massive difficulty to earn steem via platform. I read @exyle's mentioned post. I agreed with him. Only patience better chance and don't stop make your valuable contents.

True @humanearl that the steem prices will always be in flux. One thing that you didn't mention to anyone that may be new on the blockchain in general is that they can get paid and actually make some kind of money right away. If they tried that on YouTube for example they would be very disappointed. Here they at least have a chance and it is a good chance. Rock on dude! Another great video.

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@humanearl,Between this period so less amount can earn from steem.
Wishing end of this year can be growth highly.

the future is really going to be tough to collect steem its the power to hold on to only wise person will understand its value in the near future

great to think.....a great concept.
love it

One side is that with more number of people, it will be really difficult to earn steem but the other side is that steem price will go up. So who is ultimate winner then, the person who has some decent SP can really make it happen throughout the year, otherwise it is really very very difficult.

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