Just out of curiosity, where is steemit userbase coming from since their original thread has only 31 pages, twitter has only 1000 followers and facebook has less than 1000 followers?
things aren't adding up for me here. More I dive in, more complicated it gets.
things aren't adding up for me here. More I dive in, more complicated it gets.
The people falling for the Steem trap aren't crypto people. They are normal people who hear from word of mouth that "This girl just got paid $11,000 for having tits on this site called Steemit!" Then they say wow! and they make a few posts. Then they realize they don't have tits and, as such, don't get any money. However, every now and then one of them does have tits, and they tell their friends about their success.
At this point Steem is basically the titcoin meme that Pornhub made a video about. I'd be absolutely embarrassed if I were an investor of this fraud.
So does that mean Steemit is breaking through the mainstream? Some of you may frown upon it but by hook and by crook Steemit looks to achieve what other altcoins have failed in. Maybe they're finally on to something here.
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.