The fact is one and always walk alone. Ether it pleases you or not, nothing can change facts. We all wish good and successful steemit in the near future but if the below issues are not well address with an immediate effect, steemit platform may collapse soon. As you see, Steem market can not even rise, always marking time between $1 and $0.8.
1. Upvote Bot on steemit:
I don't think, this platform is built to fraud members or make fan of them. One will spent time, energy and research to make a post. Instead of human reading and rewarding it, we have left it in the hands of the so called upvote bot to reward our curation and we still have to pay for it. I do not even know whether these bot read the articles before upvoting. We need real human to read, comment and upvote. Since the introduction of upvote bot on steemit, real human accounts registration has being declining.
Implications of Upvote Bot on Steem;
- It is very clear and logical that, we buy steem power to increase the weight of our votes. If upvote bot is substitute to steem power which is cheaper, then i will invest in upvote bot instead of buying steem. Automatically, demand for steem will go down because upvote bot accept Steem Dollar. As price of steem continue to fall, the steem market continue to grow valueless and this will effectively collapse the system.
- As the upvote bots perform their minnow support project and make more profit, investors will try to increase the number of bots as demand increases. It will definitely attain equilibrium where demand and supply will equalize. The diminishing effect that the equilibrium will result, will collapse the platform for life.
- This makes the platform boring because good post always go hidden if curator could not fund it.
- It discourage curation and good post. Becuase curator feel no need to spend time, energy and resources on steemit post, after all the post will not gain any reward if he could not invest on upvote bot.
2. Zero/few upvote on curation:
Of late steemit members have stop upvoting on post because of many reasons of which garbage post is number one. Also, people do not spend time on steemit any more because steemit is waist of time. The core motive behind steemit has been shifted to advance modern decentralized ponzy scheme where the big whale swallow the small whale instead of helping them to swim. You will never enjoy the platform if you do not invest thousands of dollars here. The question is, if my first impression is discouraging, what will ginger me to pull an effort? And will the system survive without majority participation? If my curation is not rewarding, why wasting time, energy and resources here?
Many people clash their screen after refreshing their post to see 3 upvote with $0.02 after 3hours preparation on a post. Is it their fault or the system? What prevent people from upvoting post? These are what needs to address with immediate effects in other to save the future of steemit.
3. Lack/Improper education on Steemit Platform;
Many people happily register Steemit with higher expectation on curation reward because of what they saw on the page; people getting thousands of dollars reward on a post. They are not properly told that, those thousands of dollars they got, does not basically depend only on a good post but also on steem power. So new members ignorantly get disappointed after seeing $0.002 on their introductory post. And that ends the game. This has increase dormant accounts on Steemit Platform
I edge Steem Board to stop unnecessary rewards without steem or SBD and educate people out there about steemit. Spend their time to prepare good, summarize, accurate and educative youtube video in many tongs to educate people out there about steemit if only they dream good future for steemit platform.
4. Lack/Inadequate marketing strategies;
Facebook spent much on advertising the platform before majority welcome it. They implemented all kinds of advertisement worldwide. Painting streets, sponsoring local matches, donating to charity organizations; all the time, making sure that their name appear on news locally and internationally.
We call steemit decentralized platform but there is no manifestation of that decentralization unless profitable bot builders. They call themselves witness. Witnessing the collapse of the system. Can bot buy steemit or market steemit platform? Do new members profit from these bot? You are gradually collapsing the platfrom with upvote bots.
These facts needs immediate attention. If you want steemit to embrace success and worldwide growth, then upvote, comment and resteem. Say your mind; share your own experience about this issue. Resteem for your friends to read this post. Resteem till the steem board see these pressing issue and work on it. That is your part to play as good steemer. Upvote to encourage me to post more of this kind. Thank you