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RE: Is Activity on Steemit Slowing Down? The Truth Behind the Data - Steemit Business Intelligence

in #steemit7 years ago (edited)

This morning, I sent a message to @arcange, which begins as follows: “Here’s a sad scene for you. About 4 people have read this post I made about 3 days ago: “Can you supply some block-chain data for payment?”. Your post suggests that there must be or than 20 people in the community who might have been alerted to my post, and some would have promptly sent me to your service, which clearly needs to be well supported. New Steemit posts disappear into ‘ether’ [after] 20 minutes, and will turn up on peoples’ Feeds only if they are Following the authors!”

As someone above has said, communities of interest need to be identified, and posts related to Community-of-Interest-X need to be advertised among those members, regardless of who is the author.

Sorry to dwell on this; but it is a key problem. SMTs may solve it; but that process will be very slow in the best of all worlds. It would be a lot faster just to fix the Steemit software; but we can see that the economics of the latter are less compelling for Steem Inc.

Here’s my ‘two cents’, along with my big “thank-you” to the author.

We are now just over a week past the post date, and the payout is $35! Everyone should hang their heads in embarrassment on seeing $35 offered for work of this quantity and quality. So let us all get on our knees and pray that this wonderful author is not even thinking about payout levels here at Steemit, and has succeeded in finding other more helpful rewards from her contributions.

It appears that these days, on average, that your curation/commenting work will be only slightly less “rewarding” than your posting work. That, folks, is very bad news if we expect to see a lot of people coming in with valuable ‘green’ content that takes many hours to produce (like this post). I am ready to bet $100 (fiat money) that the rate of flow of this kind of content (standardized for new-member growth somehow) will go down dramatically as we go forward.

Even $200 on a post I might make that is ‘fully green’ and brings unusual value to the table after three-plus days of data mining etc. is not a great motivator for many authors -- nice but not great. Here’s my point. The designers of the system need basic re-education on what drives authors of difficult ‘green’ content (often with inherently small audiences) to bring their stuff to the table.

Let’s add these observations, so that we all look at the problem squarely in the eye. (1) A YouTube giant came in here with his followers and on his first post, containing little ‘green’ content, he reaped a $15,000+ payment. (2) Another YouTube giant recently arrived with a paraphrase of five short paragraphs from an article that he published in Wired, and within an hour his expected payout and reached close to $700. I could not find anything particularly ‘green’ in the content of those five paragraphs. (3) Another YouTube person reposted her video explaining block chains along with a few expository paragraphs, and within an hour the payout exceeded $130. There are now tons of articles and books on block chains out there in the wild. (4) Yesterday in an interview posted on YouTube, one of the lead engineers in developing Steem declared that our voting system was being ”abused” -- that was the word he used.

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Thank you for such a detailed response. I wish I did find a way to be making more $$$ from my posts, but I think saying 'come for the money, stay for the community' holds true.

I just had a quick look at your post. I will come back to you later today with a reply (added to list)

I feel your pain regarding steemit. I too am not sure smt will solve the problem. and from analysing the data, there are a lot of problems.

Thank you again for your comment, I upvoted with my 5 cents

Thanks for your helpful comment and vote, Paula. It was clear that “dollars to be received” was not the force driving you to put together such a long and extremely useful piece.

I appreciate your offer to come back to me about my post. However, I do not want to go ahead with the work that I had in mind; because the conclusions that I thought I might reach and which might be helpful to authors can be dug out of your data and text, along with the follow-up comments.

The only important finding not stated in this web page (as I recall), and which emerges from the work that I had begun in another related post, is the strong suggestion in the data patterns that (a) certain classes of content tend to be significantly better favoured than others in terms of payout level, and (b) within each class you should expect a substantial payment mainly after you have built up a following large enough to bring you close to 200+ votes soon after your post (and probably including at least one whale).

Anyway, I’m going to focus now on discovering the people in my communities of interest and finding a way to be happy with their company. In the meantime, though, I will keep following you and pay attention to your articles.

Please do join us on discord anyway, you might just find other members on steemit with similar interests. There are a number of noted communities on this server, and if you can not find one, we can help you set one up. There are good people here on steemit :-)

BTW Paula, I just saw another author include in his post his Public Key addresses for BTC, ETH, LTC, DOGE, STEEM, etc., while suggesting reader donations. I asked him if he was getting flak for doing so, and tells me "no" and that he sees some whales doing the same.

I think it is a fabulous idea for people like you and I who will take many hours/days to produce stuff with 'green content' and good value for use by a relatively small audience of specialists. I strongly advise you to do that, so that we who understand what sort of effort, knowledge and skill are behind your output can take action to try and make up for the ridiculous "payment" you are getting from the system. Pl. note, that I was already offering to pay people directly for their work to help me in my projects, and that is precisely because I find the payment levels available to us meaningless!

that is very interesting, and worth considering. I have been working online 7 years now @lestatisticien. I am on steemit only a few months. I will tell you my growth on steemit has been more rapid that many other platforms. I live in Ireland, posting on steemit does not pay to make a living here. But look at other countries where $10 a day makes a big difference. That is where steemit can benefit.
but the cream goes to the top - this is annoying too (very)

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