[Altcoin] Anyone here on Steemit.com?
pot-folio last edited by kaeley-wn
Am wondering if it is worth investing time and effort into creating content here. Some have achieved laudable amounts of rewards, with some writers earning up to $1000 per week?!
Some context: steemit.com is a crypto version of Medium, with over 60,000 of daily users. When we post and curate articles on Steem, we get to earn Steem dollars and Steem power, which can then be traded on exchanges.
Anyone has any thoughts / is on any other blockchain social media platforms?
I'm a fan of the Steemit platform. Most of the time if I'm reading a blockchain article that I find interesting, it's a Steemit article.
When looking at crypto most people derive value from a coin's market cap. Another way to look at it is by it's activity on the blockchain - > https://blocktivity.info/
As you can see by the activity, STEEM is number one. Even more than ETH. Suprising right?
maybewei last edited by
I have! Signed up for it almost a year ago, have only been upvoting posts instead of creating content. Though the technology behind it seems promising.
@tom-fs Surprising indeed! Have you tried creating any content so far?
@maybewei No content yet! Although it's temping, seeing how much money some of these articles are generating (articles that barely have any content!) hahah.
Cryptocurrency is not money until you convert it to money. You can earn STEEM but the $ value fluctuates. But it’s still value (money) out of real work (articles) instead if just trading and speculating.
I'm here too. Love how it works, have tried posting once, but stopped afterwards as there's so much competition there. Came across this good-practices article on how to earn, though: https://steemit.com/steem/@trevonjb/my-7-secrets-to-earning-big-as-a-steemit-newbie
It's amazing though, how leading up to its success, there has been little marketing. Organic growth seems to have been largely driven by the rewarding and reinforcements on the platform, with no need for any initial token/monetary investment upon joining.
China recently conducted an assessment to select the best blockchain technologies (based on infrastructure/adaptability/creativity) to adopt for the government's upcoming publicly financed project.
Interestingly, steem came in second, ahead of bitcoin at 13th place!
cybreed last edited by
steemit... i signup last year and kinda forgot about it. I bought some steem coins and it has lost over half its value. Just holding now....
Gaudente last edited by
I wrote just 1 article and about Funding Societies Malaysia.https://steemit.com/p2p/@gaudente/p2p-lending-platform-funding-societies-malaysia
Then stopped as soon I realized it is essentially a crypto junkies den pyramid ponzi scheme where wales earn thousands for writing baloney while actually informative well written articles by newbies get nothing.
@gaudente Yup, I guess that's what inevitably results from the reward system and from those who did everything they could to become whales - paying for more STEEM/autovoting/promoting their steemit articles via other social media platforms (which works to the advantage of those with a strong following).
Perhaps they could incorporate what this competing company is intending to do - ensure equal voting rights, instead of allowing the money in a user's account to determine their voting power and possible abuse (steemit)? https://cointelegraph.com/news/blockchain-network-takes-on-flawed-steemit-by-offering-lifetime-earnings-to-creators
Just took a look. seems really hard to follow. Its a mix of english & mandarin.
@Gaudente interesting. did you get any signups from your referral link?
Gaudente last edited by Gaudente
@jonhan what do you think I got by preaching financial sense to people capable of paying 20,000 $ for a string of code on a computer ? Zero of course.
pot-folio last edited by