Feedback wanted: I went from $30-40 a day three months ago, to less than $3-4 per day now...

mepatriot (69)in #steem • 5 years ago

...sometimes hitting as high as $4-6 on a really good day, but still....

Anybody got any thoughts on this?

A year ago or so, when I signed up, everyone with a rep of 68+ was making really good money here.

We can all talk about how great the next hardfork is going to be, but if people with top 1000 reputation scores can't make any money, I doubt we are going to retain people in the bottom million of our membership, and/or hardly any of our newbies.

(Image courtesy of robpyne.com.au.)

YES...former whales who used to support me...I'm talking to you too.

If we don't want to be considered a burned-out ponzi scheme gone awry, we need to address this erosion of HARD-EARNED REPUTATION SCORE v.v. earnings potential;... and the ill-considered idea of cutting content creators' percentages does not seem like any kind of justifiable answer toward that end. That will only add more incentive for "gaming" of the curation system, IMHO.

Are you listening whales??

You are stealing and destroying the goose that lay your golden egg, and laying a big fat ZERO EGG of your own with the new hardfork directions.

JMHO...

REPUTATION SCORE SHOULD MEAN WHAT IT IMPLIES IT MEANS.

#steemit #crypto #blockchain #life

5 years ago in #steem by mepatriot (69)

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janton (71) 5 years ago (edited)

Howdy mepatriot! It IS a little depressing isn't it? Especially when it seems like nothing is being done to help the situation and these hard forks just seem to make it worse for the newer and smaller accounts. If Steemit survives it may be IN SPITE of the leadership and their management.

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mepatriot (69) 5 years ago

Well said!

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valued-customer (67) 5 years ago

Reputation is pretty meaningless, since it only measures the stake which has upvoted you. A couple big bidbot vote buys, and you've got a great reputation score. While I have never bought a botvote, and my reputation is organic, since I know reputation can be bought, I don't put much stake in it. Pun unavoidable.

I reckon the constant hemorrhage of users has contributed to the reduction in your income. If you dig into the charts, it is revealed that whales receive 90+% of the rewards on the platform. The rest of us share the remainder, and since the price of Steem plunged in the last year, the $ you have received have plunged concomitantly. That would be my best hunch regarding your question.

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4 votes

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mepatriot (69) 5 years ago

Thanks, V-C. I thought I had alluded well enough to the idea that reputation scores SHOULD mean something, and that if the whales are/were serious about wanting to make positive changes that they could/should take whatever actions (including disincetives for bid bot buying of reputation scores) in order to make that come to pass. I guess not.

That is a subset of the argument I've been supporting pretty much from the time I arrived...i.e. That the influence of bots in general, needed to be totally reigned in.

Thanks for your succinct (as always) comments.

It wasn't purely the drop in steem price that hurt me, I don't think. It was actually, I think, more about the unexpectedly low (and dropping) activity of the site in general, I think, that hurt more.

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1 vote

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