Why I'm worried about the evolution of steemit.
The steemit is bringing a whole new way in terms of social media. If you are here for a few weeks or months, you should have gone through great periods of happiness and great periods of sadness with your own results. It is natural that over time many people will find the path to success, and it is expected that the steemit platform evolve over time.
But lately, I've been worried about the way that the evolution of steemit is taking in terms of number of posts and daily votes, in terms of market price and in terms of accounts created daily. What was supposed to be an evolution is becoming the opposite. And that's not why steemit is little innovative. I believe the reason for this slowdown is much more associated with the arrival of new users.
Let's see some graphics;
Posts per Day
Upvotes per Day
Account creations per Day
All time Steem Price
So, now what?
These fall into graphics are very worrying. But in the general context people tend not to care, after all most here is trying to be a winner in the race for attention and appreciation. I'm very concerned about how the experiences in steemit affect the lives of peoples, especially when they are negative events that can lead people to frustration.
Unequal distribution.
This is one of the problems in steemit that can discourage anyone, even if the person is great in producing content. Even with initiatives, and with people getting more power and getting famous in steemit it is still difficult to distribute equally, or close to it, the real appreciation that some posts really deserve.
And that in fact is a factor that leads people to frustration. And consequently they spend posting least, to vote less, and eventually to leave the platform.
The next door neighbor.
This factor is a trap that anyone can apply yourself, and the result will only take you to bad feelings. I believe that people should stop getting comparing with the results of other people. It is very important to educate new users that way, otherwise they always will experience being the victims of injustice.
One thing is to observe and consider the good or evil someone, and make it a motivation or an orientation of what to do or not to achieve our own achievements. When this is the case, we observe, learn and apply what will work according to our lives. Another thing, very different is to look around and find better or worse than other people and do nothing about it.
How do the new users come.
I believe that many people come to steemit with a lot of wrong ideas of how will their performance. Pretty much most of us sell advertising that people can make money by publishing texts. But we forget to educate new users in order to show how really steemit works in terms of distribution of wealth and values.
I believe it is very important to learn this before you begin publishing text on the platform, otherwise many will get frustrated and simply stop using the steemit. The higher the expectations, the greater the chances of getting frustrated.
How do these arguments relate to the fall in the graphs.
Increased frustration of new users and even old users, of having waited so long in line to join the party and have not succeeded, reflects very well in the fall of posts, votes and created accounts. When a User leaves the platform, just as he may have made propaganda in favor of steemit in the past, he can go to speak negatively of steemit according to the bad experiences he had.
I believe that very few people think in very profound terms of the real value of the platform and the relationships that people create.
Steemit mirrors real life. But it is for the first time a place where one can experiment if it is possible to overcome the challenges and turn it into opportunities. The cost is time. New users receive immediately around 8 USD. For some users this is a lot of money for others from wealthy countries not. Let's say you come from a country where someone with a Phd gets around 100 USD a month, 1 USD made through Steemit a day is already 30% more income while in other countries you you have a minimum wage of around 10 USD per hour.....
My short-term goal is to get to a voting power of 1 USD. With 1 USD I can make the day of around 4-5 Billion people on this planet if they have access to Steemit already a happy day because this is 1% of their income with such one vote. My dream is to get to 1000 USD per vote one day....
It is a place where you can share your ideas and grow a community of supporters and it is not a place for the one's that want to make quick and easy money....
I think slowly but surely this word will spread and we will see more users again....
@steempowerwhale 🐳
🌞 upvoting your lifetime dreams!
I actually think that the price curves and other metrics reflect something quite novel not just in the blogosphere, social network realm, and cryptosphere, but something entirely new. Steem is like the real world. What happens in it depends on what people are doing. @ned and @dantheman may have had some inkling about how intensely emotive their platform might end up being, but it has proven very very very powerful. The crabs in buckets metaphor is absolutely brilliant, and maybe a factor they didn't anticipate from the image comes from the fact that the ones in the bucket snip at each other as well.
We are all working together, to work out how to use it, and part of this is to do with finding the problems, and bringing them to the attention of those who are doing the development work. Even the sleazebags trying to game the system are helping, and the sense of gravity about the stakes in the situation, I think it finally makes a real step from mostly masturbatory, inconsequential blather, to a real, functioning social system within the internet.
Sure, maybe these other networks that are coming up are going to do well too. I wish them, and all the adopters, the best of luck. But us Steemians, we have the advantage of having swum around in the very first of this kind of platform, and we are, as predicted, very loyal to it, at least I can say this for myself, and I see other people saying the same. Core principles of the architecture are being forged in fire here. Even if somehow Steem were to not survive, what everyone has learned from it is going to have very significant consequences for the future.
@steempowerwhale that outlook is a good one indeed. My mindset had been to post value add content that helps people improve their financial lives. Now I can add to that by providing them content and literally adding to their financial lives with my upvotes. Worth 0.01 now, worth $1 sometime in the future :-)
All the updates focus on reducing. Activity. Reputation feeds slider, longer password. Activity was what they should have been optimizing but they are focused on post quality for some reason. I am hoping synereo gives steemit a second act. But until then powering down and holding Steem dollars.
I think your last points can be said of every platform. Having said that, so far, my experience of Steemit are good.
Steemit is too young to have some stability. In not far future we will see a lot of ups and downs in all directions of it. But i believe in excellent future of this project. Never mind what say people, who was crushed here, anyway we always will have the envious and ill-wishers.
When and only when the developers of steemit understands that what matters isn't the amount of payments but the frequency of payments then this platform will attract a whole new wave of users. The lottery analogy kinda works on a small scall but the more users the less sense this lottery thing makes. Most whales are constantly upvoting the same people, some of them are earning $500 to $1000 for every single post they make and of course they are taking advantage of that and posting their 4 daily post per day. This is totally unstustainable, what happens when they inevitably fall back to 10$ per post ? They will stop posting. As OP said it's all about expectations, the noobies expect to earn a lot and will leave when they realize they aren't and the popular authors will also leave when they realize that their work is worth 100 times less than what they are paid today.
Some of the trends are concerning... But Steemit is still young.
The people leaving are those that don't understand, or want to understand how the platform functions. They have an idea, a belief, then when their expectations are not met, they bolt and abandon it. I think this reflects their own personal character and behavior, more than it reflects Steemit.
Take care. Peace.
This is very concerning but I do think @ned is trying to address this as per his latest post one thing I think may help though is if some how we can get a movement going where users promote each others posts using the little promote button.