Quote from: CoinHoarder on July 19, 2016, 10:58:22 PM

Quote from: BigSirko on July 19, 2016, 10:46:41 PM

Quote from: jeffthebaker on July 19, 2016, 10:25:46 PM

Absolutely not. I remember reading that someone said there are about 13,000 accounts on Steemit. That is absolutely nothing compared to Tumblr, which essentially achieves the same task as Steemit but with a much higher magnitude of quality. Once morons realized they are too late to hop on the train and their investments are only lining the pockets of the whales on top the money will dry up. Once the money dries up the platform is dead because that is literally the only draw to it as of now.

I had already pointed it out 5 times but let's do it again. If we use Alexa Ranking, Steemit is nowhere as popular as Reddit clones like Voat. How could anyone say Steemit is mainstream when it has less users than Voat and other Reddit knockoffs? As well Steemit has not been providing information like user retention, user attrition, et al. I imagine thousands of users have already left the website, realizing they can't make $10,000 a post like a hot chick. Never mind this is a coin where less than 5% of the total supply is available for trading. There's red flags everywhere for me.

Tumblr (2007), Voat (2014), etc... have had years (Tumblr almost a decade) head start. Steemit has only been out for 3 months. Those comparisons are ridiculous and misleading. I am sure Tumblr, Voat, etc. (insert any social media web site here) did not start off as good as it is today. There is a lot of talk of how to improve the user interface, content curation, the trending/etc algorithms. There are changes being made everyday to how the ecosystem works to make it better. For instance this: https://github.com/steemit/steem/issues/177

Anyone can make thousands of dollars on a post. The ones crying about not being able to do it immediately are being unrealistic in thinking that posting content is easy money and Steemit get rich quick scheme. It takes a lot of time and energy to make posts. Only a couple or few posts out of maybe a hundred may get a decent pay out. It is hard work. If you want easy money go to a casino and hope to get lucky. But it does pay off.

I made $250 by simply writing a comment the other day. You never know when you will strike it rich by getting up votes from a whale or many minnows. The only way to do it is to keep posting. Those that give up will obviously never make anything. Then, people like you guys want to sit and cry that you can't make an easy $10k.... give me a break! Roll Eyes

The people who are making money on Steemit have a combination of three benefits:
1) Got in at the start and built their presence organically
2) Have large amounts of Steem Power to dictate the direction theirs and others posts go
3) Have a reputation among the whales

So as of now there are a couple of ways to earn "$250 for a simple comment". You can fight against the thousands of other posts making pennies per post (despite having content similar in quality to top posters) and hope you somehow break through to a larger audience/profit. You can engineer (beg, whore, etc) your way into favor of the whales. You can buy in at the peak of a bubble to hopefully recover your investments before the bubble pops and you are left with nothing.

None of those scenarios sound enticing. I'm going to stick to doing what I'm doing where I'm making steady crypto profits. In the meantime, I'm also going to explain why Steemit is a bullshit scam so others don't waste their time with it only to perpetuate the profits of the dubious whales the top heavy economy favors.