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RE: The Co-relation between the price of Steem and Steem Reward. DID YOU NOTICE A 30% DROP IN YOUR ACCOUNT VALUE. HERE'S WHY
The decline in price isn't that worrying to me, but a decline in active users really is, and should be a wake up call that the rewards aren't configured optimally... I think the devs need to adjust the way rewards works so that they are slightly more evenly spread... I know we still need the big value posts to attract more people to the site, but publishing quality content which gets maybe 50 upvotes but only earns 2 cents because no whales upvoted it which I think is putting people off returning to post more content at the moment.
i think that's a fair point. Specially when there are so few whales out there. I also think there needs to be more diversity when it comes to upvoting content. Here's distribution of Steem users by category
Active last 24 hours
$ MV level accts accts % stake
$0 0 dust 105 1.79% 0.00%
$6 0.01 newbie 4026 68.46% 0.03%
$60 0.1 user 732 12.45% 0.13%
$600 1 Superuser 658 11.19% 1.02%
$6,000 10 hero 253 4.30% 3.62%
$60,000 100 Superhero 75 1.28% 10.34%
$600,000 1,000 legend 32 0.54% 41.30%
ACTIVE: 5,881 accounts
Here's the source of that data
https://steemd.com/distribution