Hype is what has fueled the crypto economy and everything that goes with it, including Steem.
During the height of the market people were euphoric, they saw crypto as being a new and exciting paradigm - and when the hype bubble burst, so too did the dreams of thousands of people.
This is to be expected. It is sad to see the tide go out, but it is natural and essential to grow the space.
The market needed to be cleansed of these people in order for the real fundamentals to be strengthened, so small problems now dont become platform ending problems later.
I can say for certain that if the market had not collapsed, steemit would not have survived - how can I say this?
Well, Steemit had to redesign their nodes in order to make them more sustainable, also they had to lay off 70% of staff and now they're accepting advertising all in order to keep running.
If steemit had kept growing exponentially they would not have had the chance to make these changes, hell, they might not have identified the problems until it was too late.
Let's not lose focus, let's not give up - we're not here for a quick buck, we're here ushering in a technological revolution, and they do not happen overnight.
Stay strong, the tide will come back . The people will return, in the meantime let's keep on growing!!
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This is a great way to look at things I guess. But even with thw collapsing being a good thing as you put it, it's really not helping with on boarding or user retention, which is equally important for a platform to succeed.
That will likely change once crypto becomes more mainstream in people's day to day lives.
It will be hard to encourage people to come here at the moment. In my opinion the strongest barrier to entry is that accounts take 2 weeks to open (or cost money). People dont like having to wait 2 weeks to comment on a video - but I'm confident this will not be a problem forever.
I think we need to remain positive and keep the dream alive. The tide will come back in.
I'm going to be making a couple of accounts that focus on specific content; music reviews and reactions, political commentary, comedy etc.
More mainstream content will help, that's what I hope to provide
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How will you manage all those accounts? Sounds like a lot of work. But I guess like they say, where there's a will there's a way...
Definitely rooting for better and more convenient way to create account. The general public is not that patient and may deem this platform bogus for lack of a better word. When time comes they'll learn the hard way.
One of them will be a collaborative effort between me and a friend. A weekly podcast type deal, so I'll have help.
It will be a lot of work, and a lot of cross promotion- I'm eager to try it though.
There seems to be a lack of social and political commentary on here, so I think having a couple of strongly opinionated voices might work out well.
Reaction / review content is easy to digest and I have had success on youtube with it in the past.
Hopefully content like that will bring a more mainstream crowd, but we'll see
Anyways, it's all worth the risk.
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The problem on here is sometimes it feels like noones watching or listening. There are times we really push content and it gets to a point you start wondering, especially if there isn't much engagement.
I've had to deal with that a couple of times now. But don't let that stop you from going hard in what you believe in. I really do think we need the social aspect on here.
More Fun, Less Drama..