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RE: Is Steem Dying?

in #steemit7 years ago

Thanks. I agree. However, if they simply leave because they get bored is one thing. If they leave because they somehow feel tricked or cheated, that is quite another thing. Those who are upset when they leave tend to spread their dissatisfaction around and that is bad publicity the platform can do without.

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That is one of the benefits of the two year power down. Anyone who invests in SP is going to be tied to the system for two years and is unlikely to bad-mouth it while they still have skin in the game.

Personally, I don' t expect to get a big return on my investment from the author rewards. 10% per year plus the pleasure of using the medium is fine with me. I am looking for a bigger return from the rising value of STEEM over the next two years.

I suspect those who would leave unhappy are the people who did NOT invest any money, so the power-down doesn't really apply to them. I guess there will be a whole lot more people who try to EARN their Steem rather than BUY their Steem, so the idea that they will not say anything bad would apply to a relatively small number.

Personally, if I had loads of money invested, I wouldn't even worry about making any money from author or curation rewards. I would be focused on building a sustainable platform so that it goes mainstream and raking in the absurdly huge rewards from the rising value of Steem.

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