We welcome the YouTubers and anyone who wants to join Steemit but I have a lot of varying thoughts on what could happen if we get a mass influx of content creators from YouTube. If word spreads and there is more investment into the platform it could be good because there will be more to go around. If a lot come and the price stays the same it could drain the reward pool and like we have seen before when a new group of people flow in they seem to get rewarded way better than any of us that have been around this whole time could ever imagine. If you have been around long enough you know what I'm talking about. There was the pretty girl era, and the conspiracy theorist era, and the crypto 'celebrity' era. Too many eras to count but they would make good money and then when their rewards dropped to under $500 / post they would usually decide to bounce out.
The YouTubers have done their time in the trenches on that platform for sure. It is rough building a following of any size.
So in my mind we ultimately give them a shot and help them out. I think from their perspective they should look at Steemit and YouTube as both pieces of their overall content creation income. Steemit isn't going to replace YouTube and YouTube isn't going to replace Steemit anytime soon. Both have their advantages and disadvantages.
That is why when I hear the new YouTubers coming over here saying they might quit YouTube and just do Steemit full time I just roll my eyes. I mean give me a break, that wouldn't make any sense. Just be on both.
Thank you for reading my post and please consider following me @brianphobos
This post received a 39% upvote from @randowhale thanks to @brianphobos! For more information, click here!
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lol yea people do go overboard with things .... as you said, why not do both? That being said the 'future' is interesting; especially for content creators who want to earn for the content they are creating YouTube gets shady on folks; blockchain may protect people 'better' ..... great post though sir
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I appreciate you taking a chance to look at the post and comment. A lot of people have done really well on YouTube. I have been frustrated about YouTube at certain times and have also been frustrated at Steemit as well.
It will just be interesting who sticks here for the long haul and who doesn't out of any people with large followings who come.
You never want something taken away from you that you have had before. If they get big payouts to begin with then they could expect it. If it doesn't happen they could bounce.
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Makes a lot of sense. Youtubers are a different bread and market differently, not sure if they would have success here. Who knows, time will tell :)
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Yeah we will see if they stick around. If they look at the amount of views their posts are getting they will maybe feel depressed about that but if their payouts are what they feel is fair then they might now care. But who knows how much that is. Expectations are a weird thing. Some people would love $5 payouts / post. Other people won't even post unless they get $500 / post.
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Yes youtube and steemit had their own pursose. For me i used youtube for research and steemit for earnings.
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I use YouTube a lot for research as well but I also make money there as well as here. Most of my earnings from YouTube don't come from Adsense though. A lot of the YouTubers really got hit hard if they were relying 100% on Adsense.
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Very interesting. Thank you.
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You are welcome!
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I hope it doesn't come to that, that the whole platform is overwhelmed by youtubers... still something totally different in my opinion...
No problem to see a mix of everything here though but no overkill i hope 😅
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It is anyone's best guess on it depending on how many people come in and after hard fork 19 if the voting changes and how that will effect people's payouts. It is all a very grand experiment!
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We are lucky to be between the new members of Steemit
Because we will use steemit 100 years from now one
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let's just hope the trolls don't follow them here lol
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Hahah, yeah no kidding. If all the junior high trolls come here to we will have a mess on our hands. HAhahaha
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Hey buddy love the post and totally agree. I'm new myself so I can't comment on past era's, although I think every platform has a pretty girl era. If you got a nice butt and wear Yoga pants your going to do pretty well anywhere on the internet lol.
I like the sentiment at the end about I'm leaving Youtube and going fulltime on here.
I really hate to see people turning on one social network for the newest shiniest one. Youtube has been good to me, I really have nothing bad to say about it. I also like Instagram but it's not as if I hate Instagram because I'm on Youtube . I'm loving this site my first few days in as wel but that doesn't mean I have to hate or abandon Youtube.
Every social network has it's own culture, many have been good to me and I see no reason why I can't be a part of various ones as they each have something to offer. I've made some great friends on Youtube, I have some loyal followers and I think it would be both silly and not cool of me to abandon them just because ther'es a new kid on the block.
I also think its kind of funny how nieve some people are about stuff. I've dabbled on VidMe and while I think competition is good and hopefully will cause Youtube to have to improve themselves I see some people saying Vidme is going to take over in the next 3 months and its like sersiously, while I do like Vidme and while I would like them to succeed its glitchy, I can't post from mobile and I can't comment from mobile and 99% of the content is gaming, animation or videos about Vidme itself. It lacks diversity and it's not going to overtake the 2nd largest search engine in the world.
I think compeition is good. I hope the rise of Steemit and other sites cause Youtube and other platforms to up their game as well. I'm new here but trying to share it with my viewers and fellow creators. I hope to be kind of an ambassador to this site as I learn more teaching people and bringing new people over but I'm not going to abandon my other social platforms and online friends either.
Anyhow great post man.
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@rulesforrebels Dude! You know what is funny! I have been subscribed to you for a long time on YouTube and I actually have an online resell business as well. I feel you are one of the best online sources for real implementable advice about making money online.
Just the other day I saw you had the video about Dash and Etherium but I didn't get a chance to watch it. In my head I told myself that I will know that Steem is gaining a lot more traction when you tell your subscribers on YouTube about it.
And then BOOM..... Here you are!!!! Hahahahah
Overtime I have had various successful YouTube followings more in Niche areas but opted to focus more on Steemit because profitability was more immediate here and I have been in crypto currencies since 2013 so I knew a lot about it. So I haven't been focused just yet on building the YouTube channel that is branded under the same name as this but you should check out my last reseller related "Pool Meeting."
I think that post might interest you and maybe it opens up a whole new avenue for you! Thanks again for posting on YouTube and also taking time to write your response. I'm following you now here as well!
https://steemit.com/blog/@brianphobos/elite-reselling-strategies-pool-meeting-if-you-like-making-money-online-don-t-miss-this-meeting
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Hey buddy that's funny small world. Appreciate you following on Youtube and thanks for the kind words as well. I'm new here so still learning the lay of the land. I've only been on here a few days but really digging it so far.
I just literally in the past 5 minutes heard something that kind of took some of the wind out of my sales though. Is it true you only earn for the first 7 days of your post? If that is the case do you happen to know why that is?
To me that's a little disapointing if that is the case. I'm sure you being a reseller and also Youtuber probably appreciate passive recurring income, I know that's a huge thing for me. I like knowing that if I put a lot of effort into something even if it doesn't blow up right off the bat that its on the internet forever with the potential to earn.
My other concern if that is the case is that I think it may prevent people from creating in depth or more long form content that is exclusive to Steemit. I see that as a problem going on with VidMe right now. Basically people aren't willing to invest large amounts of time, energy and money into projects if they can't be rewarded for it. For example on Youtube someone makes a documentary for Youtube and for the eternity it's online they'll earn. If they only earned for 7 days I doubt people would make content strictly for Youtube. They may make it to distribute elsewhere and happen to upload it to Youtube but it won't be a Youtube exclusive. It's like if movie directors invested hundreds of millions into making movies but could only earn money during opening box office weekend and never got another penny after that.
I see some people on here talking about you can rehash content to continue to earn off of it but honestly if I follow someone regularly I've already seen that content, I dont really personally enjoy someone combining 3 videos I've already seen and acting like it's new content.
Hopefully I'm not comming off as someone who's just here for the cheese because that's not the case at all, though I do find I can justify spending more time on something if there's some financial reward but honestly I see it causing people to not make content exclusively for this platform and also see it maybe leading to the tendency of people using this like they use vidme as a place to repost Youtube videos butnot really create origional content for that platform.
Anyhow, was just curious A. if this is true about the 7 day thing and B. what's your thoughts on that?
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Yeah I just checked your YouTube channel and see that you did post a couple of videos about Steemit. I hadn't been notified yet on my phone that you posted those. Silly YouTube not notifying me yet. Jeez.
Also I did see that you were possibly looking for someone to do a collaboration with to answer questions about Steemit. I would be willing to help you out on that. Maybe I can Skype from my pool for a Traditional Pool meeting! Hahahah
So to answer your question about the 7 day payouts. It is a very legitimate concern that you have and one that I certainly had. There was a time about 8 months ago when the payouts were only for 24 hours. They have changed it a couple of times and now it is 7 days but what you notice on here is that pretty much your content is old news after 1 hour unless it hits the trending page. I know that is kind of crazy to hear but it is ultimately true. You have to get to a point where you have a following and people are automatically voting for you with their automated bot driven accounts and also be known to where people are combing through your content looking for the best out of your stuff.
Now don't trip out yet based on what I just said. I could say there are 80 different ways to make money on Steemit but that would sound ridiculous. But as you know from making money online there are so many ways to make money. It would be like someone saying that if Amazon FBA didn't make sense anymore that there would be no way to make money. It might suck if that was a huge part of your success but if you had several different income streams coming in you would still be making Adsense revenue, affiliate commissions, eBay sales...etc...etc..
So to more directly answer your question you get paid out overtime through your STEEM Power. Look at it this way. Let's say you put up your content and earn a payout on it. It will add to your Steem Power. You comment on people's posts. Get paid in Steem Power. Win Games and earn money and maybe power that up into your Steem Power. That Steem Power is going to earn around 15% interest right now / year. So you can pick your strategy. Do you want to defer payment for awhile and have a more powerful upvote and earn the interest or do you want to power down and take a weekly payout?
Also as your Steem Power get's stronger you can earn more on curation rewards from upvoting people. A lot of the big players in here with powerful accounts are just earning money passively through the system from interest on their Steem Power and curation rewards that they are earning off of an autovoting bot.
So here is the thing. I never put $1 into this system from the outside because I knew that if a person couldn't come here with my content creation skills and make money then there would be no way it would work. I made money..... traded to BTC on Poloniex, sent that to GDAX and started cashing out to prove to myself it was real. Most of my money on here has been created by building up with the content creation skills but let's say you want to skip a lot of those steps. Let's say you caught a huge ride in Etherium and wanted to deversify into STEEM and make yourself way more powerful and automatically pay yourself more money on each of your posts. You could certainly do that.
But your main passive ways to make money on here are Powering down your Steem Power which takes 3 months, Earning Interest on Steem Power, operating upvoting curation bots, Renting out Steem Power, making loans on here.
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I did a post to push some followers your way!
Here it is.
https://steemit.com/steemit/@brianphobos/one-of-my-favorite-youtuber-s-randomly-joined-steemit-and-commented-on-my-post
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