The truth is, Steemit was introduced to most of us as "The Social Media that Pays". So if it stops paying, or only pays peanut amounts, most wouldn't want to waste their time here, because it has lost its original value to many.
The truth is, Steemit was introduced to most of us as "The Social Media that Pays". So if it stops paying, or only pays peanut amounts, most wouldn't want to waste their time here, because it has lost its original value to many.
For me it's the constantly moving goal posts that are the issue. If I am going to invest time in writing a post, I want to have some idea of what I will get for it.
As for the future and why we should stick with Steemit, yes you do still get paid, but without the ease of use and network that other sites have there is little incentive to try out Steemit for the first time. As you say if the carrot is "The Social Media that Pays" you would be very disappointed to go to the effort of setting up an account, figuring out what a posting key is and all the investment in time you need to put in just to get a payout on your first post of 1 cent.
The data suggests a worrying trend following HF18, maybe this is just the result of the bubble of optimism after the experiment, but we need to capitalise on any rush of activity and pivot off it. Will the stats recover in the coming weeks?
That's exactly the point. People don't want to invest much in what wouldn't pay either way. Other social media are used for fun. You post what you like without much discretion, but here on steemit, it's almost like a freelance job, and whole lot of discouraging downvotes to battle with. obviously, the rewards are the things keeping people here. so if it goes down, then it might be a threat to the success of steemit. There is apparently a need for more inventions on steemit.