Bear market side effects....
Unless you've been living under a rock or something, you must have noticed by now that the daily activity on the platform is constantly declining. I don't even need to look at some chart to verify it. I feel it...I see it through my feed page...
I know that I don't follow thousands of people -that's something that's about to change asap- but their posts were enough to have a relatively full feed and have some good reads to read by the end of each day. The bad news is that more than half of them have quit posting the last few weeks...All it takes now is a 1 minute of scrolling down my feed page and BANG...I am on yesterday's news...
The main reason behind it is that people especially the ones that live in a "first world country" damn...I hate that word, feel like they are wasting too many hours around here only to be rewarded with pennies. That being said I came across to another quit announcement a few hours ago...and it saddens me a lot. Because at this stage...EVERYONE is rewarded with pennies.
You know what I call waste of time? Working 12+ hours every single fuckin day for pennies...
Don't be distracted by a handful of authors whose payouts are at 30$ or 40$ consistently. Obviously they deserve it. But even those few, you really think that they are making a fortune or something? Hell they don't. But there is a big difference between those who are well rewarded with the ones that usually rant and bitching around. That they keep building their accounts, their relationship with others regardless of the payouts.
Many of them used to blog/vlog for 0$ long before us
On the contrary I see all those who came back from the Steemfest being more optimistic than ever before. I see smiley faces...stronger bonds...new ideas...community spirit.
If the only reason behind making a post is to attract votes and higher payouts then yeah, this process is eating you alive and you obviously don't enjoy the ride...
I know that a 2$ payout is nothing for someone who is living in the UK and might be literally everything for someone who is living in Sierra Leone, but it only matters if you are planning to cash those 2$ out. Are you?
On my mind 2$ is almost 15 Steem. And I'll take that any day.
On yours? 2 cups of cappuccino? 1? Half?
I am invested in Steem? How about you?
If someone should rant around here is all those people who have invested real money and bought those tokens and not the ones that haven't spent a dime. YET THEY DON'T. WE DON'T.
As a matter of fact they are the ones that are trying hard to make this place better. To add value to Steem instead of extract value from it.
Could it be the way Steem used to be promoted the past years the reason people don't meet their expectations and eventually quit? Especially if their expectations are something like : get rich fast...
If you think that just because it happened once with BTC it will keep happening every couple of years then I am sorry to tell you but you are SO wrong...
Oh...and those that happened to become millionaires and such...they were holding a few bags of BTC....Are you holding those very same Steem bags just in case...?
Food for thought...
Have a great one people...
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Thanks for a great post @mindtrap, if they quit because they just earn pennies, but don't quit Facebook who does not pay them a single penny at all, then they just lost their logic somewhere.
And yeah I have also noticed that there is less activity here now, and that is sad because one of my main reasons to be here is the engagement that I get here, all the comments and the discussions.
I joined Steem in January of 2018, but for that whole year I made less than 10 posts, then in January of 2019 my Wordpress blog got hacked, so I decided to really give Steem a try and to make posts every day, since then I have been hooked.
Until the end of July I spent the days learning all that I could and sharing that, then CTPtalk came around and I kept on learning, but also helping all new faces that came into the tribe and didn't know how it worked, and I have also slowly been increasing my affiliate marketing efforts, and I plan to increase that even more.
My point is that in some fashion I would be blogging regardless if I was on Steem or not, but without it I would not do daily posts and I definitely would not make any videos, and the engagement would be like several orders of magnitude different, so it has really helped me to grow.
And as to investing in Steem, I have not invested very much, but if taken an average per month since January it would still be on par with what I would pay for a Wordpress blog for the same period, so I just took those costs and put them into Steem instead.
Keep up your great work and stay awesome!
We need more people with this mentality.
Thank you for your thoughtful input
👍😀
Well now I feel bad for not spicing up your feed like I have in the past!
It has been a whirlwind of business and transition and family for me the last few months as life has a way of evolving. Opportunities and focus shifts sometimes and that is the way it is for me. As an entrepreneur, I have to shift with it.
I am working my new schedule back up to a post a day without filling days in with shitposts. Probably dumb to skip a day rather than post something note very entertaining or informative but I have too much respect for my followers than to assume I deserve to be supported with lesser posts.
That being said, I keep on keeping on, love my steem fam, and have not wavered one bit from the opportunity here on STEEM.
I will try and do better for you my friend! ;)
I totally understand mate. But it’s one thing when life gets involved and another a quit - rage quit announcement
Oh I am sure you will:)
Thanks for being awesome
Even the payout has started to decrease with less engagement.
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Or moved elsewhere:P
It's incredible that we have wrote similar posts exactly in the same time... I think that I can call you BROTHER from now :)
Great post, man!
Great minds think alike! :)
As long as there is no way to promote content alot of people will hardly stay, yes Facebook doesn't pay its users but it doesn't restrict the number of post a new account can make, the price of steem was been held above 20 cent when bidbot was still active by those promoting their post now no one is and if u are in third world country like mine $2-$3 upvotes per day might be good to you but it can't get you your basic needs and seems like time wasting. If steem Inc don't want to see the price crash further there should be a means one can get more traffic to his or her content because if we all tell ourselves the truth we where all here for the money and since the money stops coming no need wasting valuable time on cents when their are other blockchain one can go to do leads and still get the cent, but with lesser efforts and less critic's
Of course there is a way to promote content. Bid Bots still accept bids. The difference is that the returns are usually on loss. Aka they are not profitable. And from what I understand your concern was profitable bot votes...???
Nobody is stopping you from using bid bots and promote your super awesome post...
$2 dollar post is the dream. Someday if i work hard enough I might just get one of those rare orca upvotes and hit my goal. Anywhere in the next year and i'm good to go.
:-)
well you can always add me, lol. I see that you are active on leo a lot and kinda like the investment stuff...
so stop on by and see what you think :-)
Will check out your blog! Thanks