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RE: If There's No Path for Minnows to Become Whales, Can Steemit Survive? 100% of this post goes to@markrmorrisjr to support #dolphinschool

in #writing8 years ago

But, it won't have the same impact in five years. It doesn't even have the same impact it had a year ago. It's virtually impossible for beginners, in the current climate here to get a single post even seen, forget getting a decent payout, because the top of the trending category is owned by about six accounts, and if you go through their wallets, you'll see, they didn't earn the votes, they bought them. Some of these people weren't even anything here five months ago, forget five years. Yes, work is important, I'm not suggesting we reward people who don't work. But, look, everyone wants to point to the top and say its not fair, but the ones at the bottom build that, by investing in the top, instead of investing in themselves. But, it can't be done solo here. It's impossible. It requires support and teamwork. The top post on trending Right this very minute says in the opening line I'VE NEVER CONTRIBUTED TO STEEMIT!

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no it's not virtually impossible
and yes it can be done solo.
in fact it's a lot easier now than it ever has before.
It's been done...and it's BEING done as we speak.
just work at it.

So, who do you know, Everit, I respect your knowledge here, that has come from a new account recently, WITHOUT buying votes and gotten past minnow status. Can you give me one example?

depends on what you call 'whale'
I make a fairly decent amount of money off steem (10K SP + 7K delegation rented)
I started with nothing...and it was HARDER a year ago than it is now.

IF I'd re invested everything I'd most likely have 50K or more.
I chose not to do that. I've withdraw a fair amount of steem and bought stuff.
(paid off ALL my bills...I'm debt free...and bought a few toys)

PappaPepper has done WAY better than me...he's bought a farm with his earning.
an actual farm...in the Ozarks. He made over a 100K last year alone..
He started from nothing...and did not invest.

There are others....I mostly don't pay much attention to what others are doing...I look out for myself.

No, it was harder for YOU a year ago, because you had 0 audience. I offer you the same challenge. Start with a new account, without announcing who you are, or upvoting yourself from this one, or adding outside investment dollars and get back to me in a few weeks.

now why would I want to do that?
why would I give up all my hard work ?
$42.775
that's what I've made TODAY...in SBD.
I'm going to buy me some bitcoin with it.
or litecoin..or Ethereum, or Bitcoin cash....
soooo many choices.
then when the current dip is done.
THEIR value will increase.

not a fair comparison. You established your voice in a much less crowded arena, with fewer established alliances, and much more personal voting and curating taking place. I was there, I know what it was like. I'm telling you, watching these newbies, it's not like it was. On any odd day in Aug 16, some weird kid with 2 followers might and DID make 4 grand on a makeup tutorial. There was more money per user. It was much easier. And all I'm really doing here, is encouraging people to do their own damn voting.

The price of steem was about the same, so we had the same prize pool, almost dollar per dollar, with one percent of the users we have now. do the math

I also started at that time. I barely invested until I was past 5000 SP and even now I am close to even on what I've taken out and what I've put in, I am not an excellent writer. I did buy some votes in the past couple months, but not much before that. I just kept posting and I never took any money out.

It was harder as Everite states, as we didn't have bots and we didn't have minnow projects. Also the reward pool was not as linear as it is now, so the top posts took nearly the whole reward pool.

Quit worrying and build the account. SteemIt is a sink or swim platform. Survival of the fittest.

Not worried. Trying to convince more fish to swim their own way instead of leasing their power to big dolphins and whales. Here's how it goes, I get you to rent me your power for a small return. My vote goes in before yours and twenty others, and BAM, I get five times what you get, because of my SP (if I'm a whale) Suckers game. Investing that SP to vote for up and coming accounts and building your own syndicate is where it's at for the long haul. Who knows when the whales may stop selling votes? Or the prices get too high?

I do think minnows delegating their steem power while they are young, is a questionable strategy.

I came here knowing no one and ground my account up, I am now planning on staying here despite not being a great blogger. Why? Because there are other ways to invest and grow my Steem Power.

Why else would I stay if I didn't want to be a blogger when I grow up? (not meant to be said with a "tone"). I didn't picture it this way in the early days, it is what has developed. I agree we have a distribution problem. However, I am fine with the whales earning. The more people who are winning the more attractive this becomes as an investment.

Also, we really don't need to retain people who do not have anything to put in. Either time, outstanding talent or money.

BTW, it was not harder. Not even close. Talk to someone with a new account now, where they can barely make one or two posts a day and a few votes and comments before running out of bandwidth. That was NEVER a problem in the early days. Sorry, but you're both wrong. It's easier for you now, because you're established, know the ropes, have at least some audience and a vote big enough to provide seed money for a decent payout.

Antonopoulos is the second biggest name in crypto, behind Nakamoto.
If he talks about steem, billionaires start paying attention.

Well, there's the issue. Stop looking at trending. I never even think about it until someone complains about it.

But, the vast majority of pieces never get seen, especially if you're new, with not much audience, unless they reach that category.

I interpret what you're saying, "You'll never be seen unless you reach trending."

If that's what you're saying, you're dead wrong. Trending is never a requirement to be seen. It's just a distraction. Ignore it.

Pardon me for saying so, but I dare you to start a brand new account, with the SP being allotted, without upvoting yourself from this one, or announcing who you are, and get a $100 payout in less than three months. We are getting 250k posts per day. Getting seen is a problem, and IMO vote selling is part of it. You've been here since I got here, do you really think it's the same? And, without adding outside investment,or buying votes.

Way to move the goal post.

Um, everything he just mentioned here, he wrote in the OP, no moved goal posts, this is the reality, you're the one claiming its easier now. It is for you, because you have an established audience. but, trust me, as having done really well, here, then needing to take some time away and power down to not quite starting from scratch, but close, it's nowhere near as simple as it was a year ago. Your making unsupportable blanket statements. The SP they start with is barely enough to do two or three small posts, or do ten votes, but not both, and then they have zero left to engage an audience with. It's much harder, plus, the SP they start with is a loan, not a grant like we had. Sorry inertia, you're wrong. Not saying it can't be done, but the path is not as clear as it was.

The way I understand it, I am being challenged to start a new anonymous account and post great content for three months to see if I can reach a $100, and if I can't, this is somehow proof that the platform cannot survive.

Sorry, but rhetorically speaking, that's moving the goal post.

Restarting your account now , Has no merit on what a noob can do, You already know the places to go to get decent votes on your blogs, you know the whales to follow to get a higher return for votes,, so an experienced user re starting from scratch bears no value to the efforts a noob may have to put in

Well, they would still find out it's a lot harder and might be more apt to help out. No, it's not a direct comparison, but trust me, a year ago, this was a different game entirely.