RE: How is the Flagging Whale-Votes Experiment Going?
The creators screwed up when they thought SP would give incentives to maintain the quality of steemit like employees with stock options. They forgot about the path of least resistance. A whale could F it up for few and still face no consequences. In mining or masternodes, there will be clear short term consequences. On steemit, there is no such thing. It's like USSA. The good parts hold and compensate for the negative actions. A swarm of "good"whales can royally screw select few and steemit would continue fine for the short and mid term. It'll be like a grand oak tree growing hollow inside. People would only realize when the tree falls down. It reminds me of the current state of "The land of the free" very much. I've posted several comments at several places. Please take a look at them too.
Of the accounts created on Steemit in 2016, ~11% remain active. This is an awful retention rate, and Stinc repeatedly ignores this and claims ~400k accounts, because that's how many were ever created.
Steemit is hollow. And current flagging, which I have practically begged to be inflicted on me in the last day or so (probably foolishly), is being prosecuted right now that is demonstrably and obviously curtailing content creation on Steemit, and accelerating the process of hollowing out the bold corpse.
Truly, it is very much like the land of the fee, and the home of the knave.
Thanks!
I'd actually like to see more complex stats like posts per user, revenue per user, posting frequency, median/average account value etc. But it doesn't seem like it'll happen.
Have you checked https://alismedia.jp/? I joined the https://tronlab.com/ ICO on Binance just to see the Chinese ban + refund. That was my first ICO attempt.
I actually spend as little time investing, and on personal finance, as possible, as I have shit to do, and those distract me.
For stats, check out @paulag, and #bisteemit. Also, @arcange, @dbdecoy, and others, who stand and deliver much such.
Thanks a lot!