How are some people making $11k on steem?

[testz]

since it's people vote, it sounds like it isnt a steem problem but a problem with the users..
if they are voting in sh*t posters, what steem dev could do?

but i still dont belive...11k$ for a post? did anyone already cashout that money?

If you don't believe, you should try to post at Steem and cashout reward 

[iamnotback]

since it's people vote, it sounds like it isnt a steem problem but a problem with the users..
if they are voting in sh*t posters, what steem dev could do?

but i still dont belive...11k$ for a post? did anyone already cashout that money?

If you don't believe, you should try to post at Steem and cashout reward 

50% of your reward is given in Steem dollars which you can cash out immediately. The other 50% in Steem Power which requires a 2 year divestment schedule spread over 104 weeks.

[robelneo]

since it's people vote, it sounds like it isnt a steem problem but a problem with the users..
if they are voting in sh*t posters, what steem dev could do?

but i still dont belive...11k$ for a post? did anyone already cashout that money?

If you don't believe, you should try to post at Steem and cashout reward 

50% of your reward is given in Steem dollars which you can cash out immediately. The other 50% in Steem Power which requires a 2 year divestment schedule spread over 104 weeks.

That's nice to know,I remember posting there twice and surprise that i did earn a steem  dollar but unfortunately transfer is disable I would have to check the latest update and might come back here again..

[mangox]

If you don't believe, you should try to post at Steem and cashout reward

what's with the steam dollars if they are steem

[criptix]

Is there a way to instantly cash out 100% without the waiting time of 2 years?

[CoinHoarder]

Is there a way to instantly cash out 100% without the waiting time of 2 years?

No.

50% within 24 hours via SD
50% in 104 equal payments over the course of 2 years via powered down SP.

[unusualfacts30]

Just out of curiosity, where is steemit userbase coming from since their original thread has only 31 pages, twitter has only 1000 followers and facebook has less than 1000 followers?

 

things aren't adding up for me here. More I dive in, more complicated it gets.

[jeffthebaker]

Just out of curiosity, where is steemit userbase coming from since their original thread has only 31 pages, twitter has only 1000 followers and facebook has less than 1000 followers?

 

things aren't adding up for me here. More I dive in, more complicated it gets.

The people falling for the Steem trap aren't crypto people. They are normal people who hear from word of mouth that "This girl just got paid $11,000 for having tits on this site called Steemit!" Then they say wow! and they make a few posts. Then they realize they don't have tits and, as such, don't get any money. However, every now and then one of them does have tits, and they tell their friends about their success.

At this point Steem is basically the titcoin meme that Pornhub made a video about. I'd be absolutely embarrassed if I were an investor of this fraud.

[brekyrself]

Just out of curiosity, where is steemit userbase coming from since their original thread has only 31 pages, twitter has only 1000 followers and facebook has less than 1000 followers?

 

things aren't adding up for me here. More I dive in, more complicated it gets.

The people falling for the Steem trap aren't crypto people. They are normal people who hear from word of mouth that "This girl just got paid $11,000 for having tits on this site called Steemit!" Then they say wow! and they make a few posts. Then they realize they don't have tits and, as such, don't get any money. However, every now and then one of them does have tits, and they tell their friends about their success.

At this point Steem is basically the titcoin meme that Pornhub made a video about. I'd be absolutely embarrassed if I were an investor of this fraud.

Just because a team of dev's is trying to do something with crypto besides send a token from A to B does not make it a fraud.  It's an experiment, just like btc.  Blockchains will find niches and all the successful ones will adapt from what they are today.  Let's see where this goes, it's good for all of crypto land.

Think bigger.

[unusualfacts30]

Just out of curiosity, where is steemit userbase coming from since their original thread has only 31 pages, twitter has only 1000 followers and facebook has less than 1000 followers?

 

things aren't adding up for me here. More I dive in, more complicated it gets.

The people falling for the Steem trap aren't crypto people. They are normal people who hear from word of mouth that "This girl just got paid $11,000 for having tits on this site called Steemit!" Then they say wow! and they make a few posts. Then they realize they don't have tits and, as such, don't get any money. However, every now and then one of them does have tits, and they tell their friends about their success.

At this point Steem is basically the titcoin meme that Pornhub made a video about. I'd be absolutely embarrassed if I were an investor of this fraud.

What? Are there people buying this sh!t? FOR WHAT?!

Why would anyone buy this when they can earn it by posting and live off it?!?!

You're talking insane

https://steemit.com/money/@ma3/living-on-nothing-but-steem-day-1-the-beginning/

https://steemit.com/@ma3

Guy claiming to live off Steemit haven't even earned Steemit before he made that post. lawlz

I sure hope that people aren't this dumb to believe this nonsense and invest their hard earned money in it.

[generalizethis]

Just out of curiosity, where is steemit userbase coming from since their original thread has only 31 pages, twitter has only 1000 followers and facebook has less than 1000 followers?

 

things aren't adding up for me here. More I dive in, more complicated it gets.

The people falling for the Steem trap aren't crypto people. They are normal people who hear from word of mouth that "This girl just got paid $11,000 for having tits on this site called Steemit!" Then they say wow! and they make a few posts. Then they realize they don't have tits and, as such, don't get any money. However, every now and then one of them does have tits, and they tell their friends about their success.

At this point Steem is basically the titcoin meme that Pornhub made a video about. I'd be absolutely embarrassed if I were an investor of this fraud.

The objective is to monetize content providers, whether they are journalists, musicians, memesters, beauty consultants, or developers, to give them a place to earn money without having to chip off a percentage to a manager. People who think they are going to get paid for the same posts that do not earn them a BTC tip on reddit (or even un-spendable reddit gold) are going to be let down by the reality that no one will pay them for just participating on steem either. The make-up tutorial earned money because it targeted fashion and it was a first--and yes, you could have made one yourself, some guy did exactly that and made 10k (parody works too--he probably said, "That's stupid, let's mock it." and got paid for the effort). Some people are good at making content, some get lucky at it, but most are mediocre and will have to have a good day to make even a few bucks on the platform. If it gives content providers a way to keep more of their earnings, then I think it will be successful--stories like the make-up tutorial get people to the site, but they hardly guarantee anyone the same luck for the same effort.

[unusualfacts30]

Just out of curiosity, where is steemit userbase coming from since their original thread has only 31 pages, twitter has only 1000 followers and facebook has less than 1000 followers?

 

things aren't adding up for me here. More I dive in, more complicated it gets.

The people falling for the Steem trap aren't crypto people. They are normal people who hear from word of mouth that "This girl just got paid $11,000 for having tits on this site called Steemit!" Then they say wow! and they make a few posts. Then they realize they don't have tits and, as such, don't get any money. However, every now and then one of them does have tits, and they tell their friends about their success.

At this point Steem is basically the titcoin meme that Pornhub made a video about. I'd be absolutely embarrassed if I were an investor of this fraud.

The objective is to monetize content providers, whether they are journalists, musicians, memesters, beauty consultants, or developers, to give them a place to earn money without having to chip off a percentage to a manager. People who think they are going to get paid for the same posts that do not earn them a BTC tip on reddit (or even un-spendable reddit gold) are going to be let down by the reality that no one will pay them for just participating on steem either. The make-up tutorial earned money because it targeted fashion and it was a first--and yes, you could have made one yourself, some guy did exactly that and made 10k (parody works too--he probably said, "That's stupid, let's mock it." and got paid for the effort). Some people are good at making content, some get lucky at it, but most are mediocre and will have to have a good day to make even a few bucks on the platform. If it gives content providers a way to keep more of their earnings, then I think it will be successful--stories like the make-up tutorial get people to the site, but they hardly guarantee anyone the same luck for the same effort.

If people were really making $30k off one post, it would be all over the internet. Don't you think?

It would attract attention without even trying but that's not what's happening. You search "steemit" on google, only thing you can find is some article from cointelegraph on hacking that happened days ago.

[generalizethis]

Just out of curiosity, where is steemit userbase coming from since their original thread has only 31 pages, twitter has only 1000 followers and facebook has less than 1000 followers?

 

things aren't adding up for me here. More I dive in, more complicated it gets.

The people falling for the Steem trap aren't crypto people. They are normal people who hear from word of mouth that "This girl just got paid $11,000 for having tits on this site called Steemit!" Then they say wow! and they make a few posts. Then they realize they don't have tits and, as such, don't get any money. However, every now and then one of them does have tits, and they tell their friends about their success.

At this point Steem is basically the titcoin meme that Pornhub made a video about. I'd be absolutely embarrassed if I were an investor of this fraud.

The objective is to monetize content providers, whether they are journalists, musicians, memesters, beauty consultants, or developers, to give them a place to earn money without having to chip off a percentage to a manager. People who think they are going to get paid for the same posts that do not earn them a BTC tip on reddit (or even un-spendable reddit gold) are going to be let down by the reality that no one will pay them for just participating on steem either. The make-up tutorial earned money because it targeted fashion and it was a first--and yes, you could have made one yourself, some guy did exactly that and made 10k (parody works too--he probably said, "That's stupid, let's mock it." and got paid for the effort). Some people are good at making content, some get lucky at it, but most are mediocre and will have to have a good day to make even a few bucks on the platform. If it gives content providers a way to keep more of their earnings, then I think it will be successful--stories like the make-up tutorial get people to the site, but they hardly guarantee anyone the same luck for the same effort.

If people were really making $30k off one post, it would be all over the internet. Don't you think?

It would attract attention without even trying but that's not what's happening. You search "steemit" on google, only thing you can find is some article from cointelegraph on hacking that happened days ago.

Not exactly the most objective test in the world--I didn't hear about this until a year after it happened, so....

http://sputniknews.com/voiceofrussia/news/2014_07_09/Worlds-most-expensive-potato-salad-costs-44-000-7035/

[unusualfacts30]

Just out of curiosity, where is steemit userbase coming from since their original thread has only 31 pages, twitter has only 1000 followers and facebook has less than 1000 followers?

 

things aren't adding up for me here. More I dive in, more complicated it gets.

The people falling for the Steem trap aren't crypto people. They are normal people who hear from word of mouth that "This girl just got paid $11,000 for having tits on this site called Steemit!" Then they say wow! and they make a few posts. Then they realize they don't have tits and, as such, don't get any money. However, every now and then one of them does have tits, and they tell their friends about their success.

At this point Steem is basically the titcoin meme that Pornhub made a video about. I'd be absolutely embarrassed if I were an investor of this fraud.

The objective is to monetize content providers, whether they are journalists, musicians, memesters, beauty consultants, or developers, to give them a place to earn money without having to chip off a percentage to a manager. People who think they are going to get paid for the same posts that do not earn them a BTC tip on reddit (or even un-spendable reddit gold) are going to be let down by the reality that no one will pay them for just participating on steem either. The make-up tutorial earned money because it targeted fashion and it was a first--and yes, you could have made one yourself, some guy did exactly that and made 10k (parody works too--he probably said, "That's stupid, let's mock it." and got paid for the effort). Some people are good at making content, some get lucky at it, but most are mediocre and will have to have a good day to make even a few bucks on the platform. If it gives content providers a way to keep more of their earnings, then I think it will be successful--stories like the make-up tutorial get people to the site, but they hardly guarantee anyone the same luck for the same effort.

If people were really making $30k off one post, it would be all over the internet. Don't you think?

It would attract attention without even trying but that's not what's happening. You search "steemit" on google, only thing you can find is some article from cointelegraph on hacking that happened days ago.

Not exactly the most objective test in the world--I didn't hear about this until a year after it happened, so....

http://sputniknews.com/voiceofrussia/news/2014_07_09/Worlds-most-expensive-potato-salad-costs-44-000-7035/

that's not the same thing. Getting $30k to post garbage is a dream of everyone who browse internet forum, social media. It should be everywhere you go.

Website has thrown multiple error, I haven't been able to cashout my $3 that I earned for signing up because it told me I needed 10x more before I could cash out.

I truly don't know what to make of this since it's pretty horrible looking set up altogether.

Yesterday it was some guy with make up who made 20k

Day before it was some girl who copy/pasted her old post and made 30k

Today it's some guy who copy/pasted link to an article and pulled 16k (still growing).

It's either a well played scam or just horrible marketing team and set up.

[jeffthebaker]

Just out of curiosity, where is steemit userbase coming from since their original thread has only 31 pages, twitter has only 1000 followers and facebook has less than 1000 followers?

 

things aren't adding up for me here. More I dive in, more complicated it gets.

The people falling for the Steem trap aren't crypto people. They are normal people who hear from word of mouth that "This girl just got paid $11,000 for having tits on this site called Steemit!" Then they say wow! and they make a few posts. Then they realize they don't have tits and, as such, don't get any money. However, every now and then one of them does have tits, and they tell their friends about their success.

At this point Steem is basically the titcoin meme that Pornhub made a video about. I'd be absolutely embarrassed if I were an investor of this fraud.

The objective is to monetize content providers, whether they are journalists, musicians, memesters, beauty consultants, or developers, to give them a place to earn money without having to chip off a percentage to a manager. People who think they are going to get paid for the same posts that do not earn them a BTC tip on reddit (or even un-spendable reddit gold) are going to be let down by the reality that no one will pay them for just participating on steem either. The make-up tutorial earned money because it targeted fashion and it was a first--and yes, you could have made one yourself, some guy did exactly that and made 10k (parody works too--he probably said, "That's stupid, let's mock it." and got paid for the effort). Some people are good at making content, some get lucky at it, but most are mediocre and will have to have a good day to make even a few bucks on the platform. If it gives content providers a way to keep more of their earnings, then I think it will be successful--stories like the make-up tutorial get people to the site, but they hardly guarantee anyone the same luck for the same effort.

This all hinges on the assumption that payment correlates to quality. I've made this point before, and I'll make it many more times. The way Steem is set up, you don't see the best content, because the okayest content is the easiest to gamble on.

This is already a phenomenon seen all over social media. Look at Twitter, for example, where the only metrics of success are likes and retweets. Even there, content is dominated by garbage "parody" accounts, who all repost the same stuff. Why are these accounts the most popular? Well, on a platform like Twitter, people are rewarded via followers and notifications for playing a part of the majority. It's the same reason why you only see conservative view points ridiculed and progressive ones hailed. The best content strays too far from the norm to make up the most exposed content.

You can see this everywhere. Hell, look at top movie lists. The Shawshank Redemption routinely lands #1 on user generated lists that consist of voting for what you like. So does Pulp Fiction. Are these the best two movies ever? No, they aren't. So why do they always land on top? Because they are the goodest. Everyone likes these movies. It may not be everyone's favorite, but everyone likes it.

Anyways, Steemit rewards users for contributing to an echochamber-circlejerk. Post a picture with boobs in an introduction post, make a guide on how to use Steem, or talk about how awesome Steemit is. The content can be summed up as that. Nobody is going to make an in depth post on politics. Nobody is going to write a novel. Nobody is going to explain a mathematic theory. Why? Because although this would be the best content, it won't be rewarded. People aren't looking to help out the best, they are looking to help out what qualifies, because more people can agree on that.

I would bet that the most brilliant people in the world, under anonymous identities, would not garner publicity or money with a post in their respective niches, regardless of how profound it is. I would also bet that these same people could make money if they instead used a fake identity as an attractive-but-relatable female and post about the same clickbait garbage that everyone else is.

[iamnotback]

This is already a phenomenon seen all over social media. Look at Twitter, for example, where the only metrics of success are likes and retweets. Even there, content is dominated by garbage "parody" accounts, who all repost the same stuff. Why are these accounts the most popular? Well, on a platform like Twitter, people are rewarded via followers and notifications for playing a part of the majority. It's the same reason why you only see conservative view points ridiculed and progressive ones hailed. The best content strays too far from the norm to make up the most exposed content.

You can see this everywhere. Hell, look at top movie lists. The Shawshank Redemption routinely lands #1 on user generated lists that consist of voting for what you like. So does Pulp Fiction. Are these the best two movies ever? No, they aren't. So why do they always land on top? Because they are the goodest. Everyone likes these movies. It may not be everyone's favorite, but everyone likes it.

I was rewarded $7000 for proposing an algorithmic solution to the problem you lament:

https://bitcointalk.org/index.php?topic=1548369.msg15640772#msg15640772

[jeffthebaker]

This is already a phenomenon seen all over social media. Look at Twitter, for example, where the only metrics of success are likes and retweets. Even there, content is dominated by garbage "parody" accounts, who all repost the same stuff. Why are these accounts the most popular? Well, on a platform like Twitter, people are rewarded via followers and notifications for playing a part of the majority. It's the same reason why you only see conservative view points ridiculed and progressive ones hailed. The best content strays too far from the norm to make up the most exposed content.

You can see this everywhere. Hell, look at top movie lists. The Shawshank Redemption routinely lands #1 on user generated lists that consist of voting for what you like. So does Pulp Fiction. Are these the best two movies ever? No, they aren't. So why do they always land on top? Because they are the goodest. Everyone likes these movies. It may not be everyone's favorite, but everyone likes it.

I was rewarded $7000 for proposing an algorithmic solution to the problem you lament:

https://bitcointalk.org/index.php?topic=1548369.msg15640772#msg15640772

Didn't see your response here. Anyways, I posted mine in the thread you just linked. Have a ball and write a steem article on it if you want buddy.

[NattyLiteCoin]

Show me in the benjies this girl got. I want to see 110 of them. I'm skeptical.

I'm not surprised a technical solution yields $7000, if it's advertised a hot female can be rewarded $11k.

This isn't crypto and all y'all know it. It's the problem, far from the solution. Satoshi would be proud!

[tokeweed]

Just out of curiosity, where is steemit userbase coming from since their original thread has only 31 pages, twitter has only 1000 followers and facebook has less than 1000 followers?

 

things aren't adding up for me here. More I dive in, more complicated it gets.

The people falling for the Steem trap aren't crypto people. They are normal people who hear from word of mouth that "This girl just got paid $11,000 for having tits on this site called Steemit!" Then they say wow! and they make a few posts. Then they realize they don't have tits and, as such, don't get any money. However, every now and then one of them does have tits, and they tell their friends about their success.

At this point Steem is basically the titcoin meme that Pornhub made a video about. I'd be absolutely embarrassed if I were an investor of this fraud.

So does that mean Steemit is breaking through the mainstream?  Some of you may frown upon it but by hook and by crook Steemit looks to achieve what other altcoins have failed in.  Maybe they're finally on to something here.

[jeffthebaker]

Just out of curiosity, where is steemit userbase coming from since their original thread has only 31 pages, twitter has only 1000 followers and facebook has less than 1000 followers?

 

things aren't adding up for me here. More I dive in, more complicated it gets.

The people falling for the Steem trap aren't crypto people. They are normal people who hear from word of mouth that "This girl just got paid $11,000 for having tits on this site called Steemit!" Then they say wow! and they make a few posts. Then they realize they don't have tits and, as such, don't get any money. However, every now and then one of them does have tits, and they tell their friends about their success.

At this point Steem is basically the titcoin meme that Pornhub made a video about. I'd be absolutely embarrassed if I were an investor of this fraud.

So does that mean Steemit is breaking through the mainstream?  Some of you may frown upon it but by hook and by crook Steemit looks to achieve what other altcoins have failed in.  Maybe they're finally on to something here.

Absolutely not. I remember reading that someone said there are about 13,000 accounts on Steemit. That is absolutely nothing compared to Tumblr, which essentially achieves the same task as Steemit but with a much higher magnitude of quality. Once morons realized they are too late to hop on the train and their investments are only lining the pockets of the whales on top the money will dry up. Once the money dries up the platform is dead because that is literally the only draw to it as of now.