Post
Topic
Board Beginners & Help
Merits 1 from 1 user
Re: Any Newbies on here have a steemit account?
by
Crytptohack
on 03/03/2018, 21:05:44 UTC
⭐ Merited by Jet Cash (1)
I've been on the platform since last July and have been posting fairly consistently. It helps if you have some $$$ to purchase Steem Power which is essentially the price of the Steem coin.

My page is listed as a link on my profile.

The idea and platform is great, it is really thought out well by Dan Larimer (Bitshares & EOS's) and co-founder Ned.

One issue that many newer members will quickly notice is how the old timers tend to get the largest upvotes/$$$. There are 'clicks' where the whales give each other upvotes and essentially have the bulk of the Steem/SBD rewards pool.  You can spend 1 hour + on a killer post and get a few upvotes worth .40...   While a whale will post 1/4 of the content and get votes worth $250.

That is why many just quit the platform.  There is something like a 6%-10% retention rate...

Once you do get some SP and SBD's, you can purchase upvotes worth 200% of what you paid with the voting bots.  25% will go to curation and the rest will be split between SP and SBD's.  So you will need a consistent supply of SBD's which is typically the coin used for the bots.

Hit me up with a comment that your from BCT.  With the Steem price at $3.40, my upvote is only worth .45 or so with 2100 SP.