You are viewing a single comment's thread from:

RE: STEEM Analysis :: User Growth (Is a Steemit blogger really worth $25,878?)

in #steemit8 years ago (edited)

The fact we currently have less people blogging could be a very good thing in the long run. One of the main concerns so far has been the distribution of rewards and steem power. with less competition each blogger has a slightly better chance of being seen and getting rewards, combine this with the low price of steem it's an ideal time to power up.
This should lead to more even distribution of rewards which will help retain future users.

Sort:  

I decided to publish once a week or two weeks instead of once every 2-3 days, to have a time to work on increasing a quality of my posts. I think some of people are doing the same.

Someone should measure a length of posts and number of grammar mistakes in text.. maybe this could help us come to conclusion, that others are doing the same - improving a quality of posts :)

I'd be in trouble if mistakes became the measure of a quality post, being dyslexic means I usually miss some no matter how many times I go over a piece before posting.

@phoenixmaid Use grammarly it is free. I have a few issues as well and Grammarly helps me daily, not just on steemit but everywhere you type.

Thank you @cryptoiskey I'd never head of it before but have it bookmarked now.

In some ways, hearing that you are posting less is not an encouraging sign. I am not advocating posting stream of consciousness 24/7, but reducing the amount of content posted = lack of engagement, generally speaking. In the broader context, lack of engagement generally leads to abandonment and high churn rates.

I recently wrote a blog post about my thoughts on the high churn and two solutions which could be implemented to stem the tide (https://steemit.com/steemit/@lpfaust/an-open-letter-to-the-steemit-powers-that-be).

The fundamental problem I see is minnows are leaving primarily because they feel there is system which does not give them a fair opportunity at being upvoted and earning rewards. As a result, they are voting with their feet.

If the long term value of the platform is a direct result of the content generated, it stands to reason having users generate less content is a bad thing for long term value. Even more to the point, if the audience you are writing high quality content for votes with their feet and leaves the platform, the real value of the rewards you receive drops because your tokens are being sold to a shrinking group of buyers. All signs point to voting period and curation rewards rethinks are necessary.

Coin Marketplace

STEEM 0.18
TRX 0.18
JST 0.034
BTC 88157.98
ETH 3083.80
USDT 1.00
SBD 2.74