What do you think of STEEM?

[iamnotback]

Maybe but STEEM doesn't seem to have capitalized very well on the first mover advantage. The quality of its content is quite poor.

Somebody like Medium should consider monetizing its content with its own alt.

Quality of content is subjective. I'm sure you could lower that same barrel at BCT or reddit and blast away.

All three are well targeted to their usership market.

BCT caters to interactive discussion of CC.

Reddit caters to interactive discussion on any topic someone wants to talk about, but often acrimonious so it is more appealing to males.

Steemit caters to delusional blocknerds who think they discovered the Holy Grail of social networking. And the content reflects that. Writing about all kinds of shit that nobody else in the world is at all interested to read. It is backslapping congratulatory crap mixed with me-too travel blogs and other crap that nobody is interested to read. I've been interested to read only because I want to understand the demographic and the system. I haven't read much content that I would have been interested to read otherwise.

Well there was one post there by Dan about DAOs that was very interesting to me even there was no Steemit to research.

There might be content I am interested in, but finding it appears to be difficult. And you know I have complained that I think their ranking system is not working well.

I guess Google might find the content I'm interested in. Perhaps I need to do google searches on "site:steemit.com ...". But why would I narrow my search to steemit, when I can search the entire Internet.

You can't build unique value without community. The value is in the communities, not the searches.

[generalizethis]

Maybe but STEEM doesn't seem to have capitalized very well on the first mover advantage. The quality of its content is quite poor.

Somebody like Medium should consider monetizing its content with its own alt.

Quality of content is subjective. I'm sure you could lower that same barrel at BCT or reddit and blast away.

All three are well targeted to their usership market.

BCT caters to interactive discussion of CC.

Reddit caters to interactive discussion on any topic someone wants to talk about, but often acrimonious so it is more appealing to males.

Steemit caters to delusional blocknerds who think they discovered the Holy Grail of social networking. And the content reflects that. Writing about all kinds of shit that nobody else in the world is at all interested to read. It is backslapping congratulatory crap mixed with me-too travel blogs and other crap that nobody is interested to read. I've been interested to read only because I want to understand the demographic and the system. I haven't read much content that I would have been interested to read otherwise.

Well there was one post there by Dan about DAOs that was very interesting to me even there was no Steemit to research.

There might be content I am interested in, but finding it appears to be difficult. And you know I have complained that I think their ranking system is not working well.

My guess is that communities will develop and reputations will emerge--I'm trying to get a group of poets to check it out, but I'm terrible at selling. I try to give thoughtful analysis and let others play cheerleader. Though, the photo contest is generating some good content.

[AlexGR]

https://steemit.com/steemit/@generalizethis/the-content-network

I know you are excited to find a blockchain app that you can use for writing and expression("get rich instantly" deluded groupthink). But there is no way the world is going to adopt a blockchain 80% owned by the Larimers Incorporated.

Please explain why do you think the average user who sign ups to steemit and posts, needs to even care about who owns it.

[iamnotback]

https://steemit.com/steemit/@generalizethis/the-content-network

I know you are excited to find a blockchain app that you can use for writing and expression("get rich instantly" deluded groupthink). But there is no way the world is going to adopt a blockchain 80% owned by the Larimers Incorporated.

Please explain why do you think the average user who sign ups to steemit and posts, needs to even care about who owns it.

I mean the people who matter (i.e. the investors) are not going to prefer such a disadvantaged position. Angel investors expect to get most of the company to compensate for their risk, especially when you are forcing them to lockup their investment for 1 year of weighted price risk.

Without investors, you can't fund the growth until some other revenue model is developed.

Some delusional blocknerds will foolishly invest their cash from outside of Steem. So there will be some pumpy before the dumpy.

Perhaps I am entirely wrong about the prognosis, but I don't see it yet. I see a lot potential in the concept, but I see some bad design and launch distribution decisions.

[s1gs3gv]

Quality of content is subjective. I'm sure you could lower that same barrel at BCT or reddit and blast away.

And I would. Don't you agree ?

Being subjective is ok.

Steem will be a faint figment of imagination in 12 months IMO.

[generalizethis]

Quality of content is subjective. I'm sure you could lower that same barrel at BCT or reddit and blast away.

And I would. Don't you agree ?

Being subjective is ok.

Steem will be a faint figment of imagination in 12 months IMO.

Egh. It's user created, so there's that. I think as long as you can find rooms that fit your interest and level of understanding, intelligence, and fits your personality, that the content will be of value for you. And given how many forums cater well to their user's tastes, it shouldn't be hard for steem to replicate that effect if they allow for forums to develop and adopt their own form of self-moderation. If they try to use a one size fits all approach without the tools to personalize the experience for each group, then yes, I would think it will be a faint memory in a year (but why would they do that?).

[MadCow]

How many STEEM clones will there be in 6 months?
How many will have a better launch?
Can those clones benefit from STEEM hype?
Does STEEM have any network effect?
How many crypto people would like to be insiders in a STEEM clone?

[iamnotback]

How many STEEM clones will there be in 6 months?

My guess is more than 1, perhaps as many as 5. Maybe make that 9 - 12 months though, unless you expect half-baked ones.

How many will have a better launch?

All of them.

Can those clones benefit from STEEM hype?

Yes, but probably less so after the first clone and declining from there, unless the first clone is done very poorly.

Does STEEM have any network effect?

Yes some. But it is not clear if it is well maximized. That the blockchain is not even forkable, means it is not really open source. Closed systems tend to discourage some of network effects, because parties are not as confident that the system can be forked and modified as necessary.

Also the large "pre"-mine may cause many sectors to question whether they should invest in this blockchain or wait for a fairly launched clone.

How many crypto people would like to be insiders in a STEEM clone?

I think most would be more contented to join the best clone than to go try to pump their own.

Of course some devs will try to pump a clone even though they don't really have the resources and commitment to make it successful, but I think the market will choose the one that is the most serious and has the best development resources behind it and is making the most progress in the market. That could be Steem. Well for the moment, it is Steem as it is the only one.

[iamnotback]

How do they stop people from paying themselves in order to push their own posts up higher?

They don't.  That's the point.  You can buy popularity (but you first need to buy the coin).

I would end that if I redesigned Steem. I'd make it so you can only influence ranking for those who have like-mindedness with your voting history.

Buying the ability to spam users (which Synereo is also proposing to do, but theirs is smarter) is what we don't like. We want more relevant information, not spam. Because time is scarce. Our time is the most valuable commodity we have.

Spamming will reduce their chances to build a microtransactions ecosystem.

[Arrakeen]

As evident by the massive spam and only pro-steemit articles being paid, as well as the notion of decentralization being false, I do not think steem is worth a fraction of the hype/money it has received.

[iamnotback]

How do they stop people from paying themselves in order to push their own posts up higher?

They don't.  That's the point.  You can buy popularity (but you first need to buy the coin).

I would end that if I redesigned Steem. I'd make it so you can only influence ranking for those who have like-mindedness with your voting history.

Buying the ability to spam users (which Synereo is also proposing to do, but theirs is smarter) is what we don't like. We want more relevant information, not spam. Because time is scarce. Our time is the most valuable commodity we have.

Spamming will reduce their chances to build a microtransactions ecosystem.

Bla bla bla if you were king, you would make rules bla bla you would force users like me to obey you and stuff..the masses are sick of control freaks like you.

No I meant I would make the system work algorithmically the way I think most users want it to work, so they aren't spammed with rankings they don't agree with. It would be just another protocol algorithm. I hope you realize Steem enforces algorithms.

Your reply indicates to me you are not very technically knowledgeable.

Money is the name of the game, and the only rule to this steem free market is that there are no rules.

There are rules enforced by the blockchain. IMO, those rules are not as well designed as they could be.

Go ahead and make a "Steemit with rules" clone using 20 minute block slow ass bitcoin teck!!!

Seriously, time is a valuable resource, and nobody would waste their time there when they could build their empire on top of a free market (where they can transparently see their competitors coming a mile a way)

No I'd rather improve Steem's slow (for realtime scenarios) 3 second block period to less than 1 second.

[criptix]

No, I'm in all crypto, I own all the top 20.

What you haters here are blind to is the fact that steem is worth 300 million even without all the blogging shit.

It's a lot more than 2x faster and more scalable than Litecoin if you only consider these 2 benefits alone, and Litecoin's marketcap is not much different, so maybe people just are sick of 10 minute blocks

Have you tried a transaction?

Try it, but I warn you,

You won't be happy going back to the crypto stone ages afterward.

Hi shit poster,

can you please migrate to steemit.com and earn you money there?
Thank you very much.

Its only 300 million marketcap because pretty much 95% of the supply is locked up. Of that 80% is in the hand of some few people.

[BitcoinTeacher]

Steem is wallet for xoin and site for earn money by blogging posts but most earnings are goin to girls which are showing sexy body parts so it is hard to earn there some amount of money.

[Katerina]

What exactly do you ask? About the project or about a coin? Like a poroject it's a great idea. In the future I see that people will spend their free time on development and conversation. Can you imagine all minds in the same place. They can change all existing system for the beautiful future.

[raphma]

How many STEEM clones will there be in 6 months?
How many will have a better launch?
Can those clones benefit from STEEM hype?
Does STEEM have any network effect?
How many crypto people would like to be insiders in a STEEM clone?

to me is more like "how much time before zuckerberg wants to buy it?"
Assumint steem keep growing, of course.

[BitcoinNational]

How many STEEM clones will there be in 6 months?
How many will have a better launch?
Can those clones benefit from STEEM hype?
Does STEEM have any network effect?
How many crypto people would like to be insiders in a STEEM clone?

clones = muchos

launch of this caliber = ETH could throw a fake money too da MOON! social party that lasts months, the rest will not match the buzz, seen on the steem

fail = high chance of shit storm

you hand $50k over for a catfishing article every 5 minutes, there will be FUD as used up and burntout creators start to rush thur a door that is locked and barricaded, there will be blood

and it looks like a rigged casino, expect hacks or malfuntions or glitches or hardforks to weedout many of the got rich with 2 posts types, there will be a legion ... fanboys and hellotitty girls spamming the universe with "How I make $1500/day" just click this link to my Steaming Blog ... this will last for a year.  You thought DASH and other shitcoiners was bad, just wait as the n00bies realize most of the inbounds come from this here website.

And with $330M you can paste all the FUD over with 'accredited' B-grade presstitute wannabes and has beans for as long as it takes to have XRP level believe my market crapital evaluation.

--
to give credit
the attention economy is the 3.0
Steem is a fairly good demo of what that is to be;
but the bubble is beyond over inflated ;[

---

Hi shit poster,
can you please migrate to steemit.com and earn you money there?
Thank you very much.
Its only 300 million marketcap because pretty much 95% of the supply is locked up. Of that 80% is in the hand of some few people.

we can only hope.  the mental mentality is nearly identical ... pumpshitcoin = i'mRich ... pumpSteaminShitcoin = i'mRich even have fake credits to prove it! ... wait I can combine the 2?