Post
Topic
Board Altcoin Discussion
Re: Steem pyramid scheme revealed
by
smooth
on 08/08/2016, 02:14:34 UTC
Hmmm, he may have a point:

Quote from: brunopro
Or it's even worse if the reason is simply that people don't wan't more users in steemit because then it will be harder to take profit's from the posts, if this is the case, steemit is rotten from the inside and will collapse withing itself in the future. I really hope this isn't the case, though!

That is potentially a very astute insight. Since the rewards are always proportional to the market cap, the bloggers already on the site, don't really have an incentive to bring more bloggers to the site, unless those new signups also invest their money, which of course most all new signups don't do.

I don't think any comment made from the perspective of "my post didn't get votes/money therefore the platform sucks" has any validity, and the way it is presented almost precludes astuteness (even if a correct observation that is at best accidental).

Aside from the obvious butthurt crybaby aspect of it, that isn't a statistically sound analysis.