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RE: I am so bored... I upvoted every comment I made within the last 7 days...
I think if the site is going to thrive a new system needs to be put in place. In no circumstances should 1 vote be equal to 100's of others.
A possible solution is to place a Max Value on votes.
I bet this platform losses allot of new users when they see how the system works.
Agreed. It's fighting a bit of an uphill battle with all those established sites like Reddit and Facebook. Just getting a few pennies, if that, is not really an incentive. The could have left the counters displayed as points but instead they choose to convert it to USD. That says they are trying to use money to attract people.
If there was a max value on votes, it will really level the playing field but it may encourage people to"cash out". That could result in drop in value of the coin. But then again... There is already a restriction on how fast people can power down... Just thinking out loud.
Maybe create a better way to organise and find content. Maybe let people create some groups. Also, the 7 day window to get curation votes feel a bit artificially imposed imho. Could be essential to simplify the monetary aspect though.
Simplify the monetary aspect is something I agree with 100 %. That is something else that scares away newbies. Convert this into that to use to power up. No need for all those steps.
I don't think a max value on an upvote would lead to excessive cashing out in the long run. A more "fair" rewards system means more join and participate which will increase the over all value of steemit in general.
Agreed a better way to find content is needed also. I bet most only glance at their own feeds. A section with content with the most upvotes instead of rewards could be an option.
If Steemit doesn't fix some of these issues a new social media outlet will come out using steemit as its base model + improvements and it will become the next Social Network to be apart of.
Good words. Steemit: thrive or dive. I hope those guys are putting their initial gains to use. There is potential here but all we can do is watch, pick and choose what we think is best worth our time.
The saying goes: just my 2 cents. Then to find out what's really worth 2 cents lol.