Is this an issue? Is this sustainable?
Absolutly no offence to the girl that is posting . She is doing exactly what the system asks of her.
I am just struggling with investing more of my money into Steem when it seems people are getting paid crazy amounts for one simple post. I begin to wonder.
Anyone have any comments that would set my mind at ease?
Its really simple. When you have built reputation, your voice is head easily by more people. She is a known traveller and a blogger. She blogs her interesting life and get paid for it. She has made reputation for herself and people love her posts because they are interesting. Its normal. Just consider you give a very important speech about world speech and your president comes and give some shitty speech. Though your speech was better than your presidents, still your president will get more recognition than you. Build your reputation and you will see. Though sometimes your voice is heard right loud by the people, it wouldnt be always if you havent built a reputation for yourself
Yes good point that does make sense. The reputatio aspect will be very important going forward. I wonder however once the investment money levels off how is Steemit going to generate revenue? I guess it is a work in progress and the block chain is an economic game changer. Thanks for the reply.
Market cap of Steem on coinmarketcap is at $364 million and Steem Dollars are at $3.8 million. I understand how that can seem like a lot for one post but consider that Steem gets more traffic than many popular social media sites at this point and the fact that Steemians aren't contributing to the administrative overhead of a bloated corporate entity and perhaps you can see how Steem really does bring the power to the people!
Ok when you put it that way it makes more sense. I do like the platform and I hope it improves and works long term. The thing is there are so many crypto platforms that seem to have ground breaking ideas a person needs to pick the right ones. Thanks for the reply.
I guess we could ask a follow up question: "Is this what the "market" wants?"
True and its really not about the content, its about the payouts. They seem to high to be sustainable. I meen as the site grows are people really going to make $10 000 off one post ? This has me second guessing Steemit. I still like the concept but there are a few red flags.
I get downvoted when I say that Muslims believe in Sharia and Jihad.
The world is very bad and bad people are everywhere.