RE: Is It Now a Bad Time to Start or be Active in Steemit?
Am looking forward to the meet up in Davao on April 7. Would like to take the opportunity to discuss some of the points mentioned above if time will allow it.
I also just wanted to point out something about your comment on Steemit being overcrowded. Yes, we are over 900,000 plus registered members but for March, only 172,000 or so were active. That's only about 20% activity rate for the month. Could it be we are experiencing a general sentiment among a lot of members to stay away from Steemit because of the low value of Steem and SBD and consequently Rewards earned? OR could it be that there is now a silent feeling of frustration growing among the majority about how difficult it is to earn despite the effort and time spent to do quality content? It does look like that those with enough SBD or Steem use bid bots to upvote their posts and get the majority share of the Reward pool without concern about quality at the expense of those who cannot afford to use them but actually do have quality content.
This is just an observation and I do not know if I am correct or not about it. Anyhow, looking forward, April 7.
Really good observations here sir. This will be an extremely long comment if I attempt to answer these here. I was driving around Matina just a couple of hours ago :-). We'll see you at the meet up. I would love to finally get to meet you, Jass, and the whole family.
I recently did an analysis showing correlation between activities and price - we will refer to that during the meet up. From the start, only a low % of accounts go active, we will cover this as well.