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Topic: Someone please make a steem clone - page 6. (Read 14356 times)

sr. member
Activity: 276
Merit: 250
August 12, 2016, 11:06:37 PM
Anyone who is interested in the steem platform should look up https://nimirum.org/ it is an upcoming project with a bright future.

It is not exactly like steemit, but similar

more infos
https://cointelegraph.com/news/nimirum-on-a-mission-to-end-online-censorship-with-blockchain-technology
sr. member
Activity: 336
Merit: 265
August 11, 2016, 01:18:54 AM
Steem's design is failing. And I believe they can't fix it (at least not without radically changing the distribution of the STEEM and the entire meaning of the STEEM POWER, which afaics is impossible for them do):

Quote from: rhi-marie
posts with low readership are disregarded, despite whether 100% of the few people who did read it thought it was a quality piece. Currently 'successful' posts are not a true reflection of quality, and the current system makes it extremely difficult for anyone else to rise up.

Agree there is no economic nor recognition incentive to form communities, only cater to the groupthink.

Quote from: rhi-marie
I read your post yesterday and actually wrote a post with a possible solution.

Post views can be attacked. A vote which costs nothing can also be attacked. Those are non-solutions.

I think I have a solution which involves not voting, but I am not quite ready yet to present it, as I am still analysing it.
sr. member
Activity: 336
Merit: 265
August 09, 2016, 06:55:05 AM
I think discussion is one of the most valuable engagements:

Quote from: 82 year old Constitutional scholar
[teaching me about the Constitution]

I've followed you because I will when I have more free time, study your points in more detail with a copy of the Constitution.

Thanks for what you are doing. Hope you don't disappear in case I want to discuss further in the future.

I wish your post had received more attention, but maybe that will come in the future. This site is still growing and improving.
sr. member
Activity: 394
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
August 09, 2016, 06:39:04 AM
we dont need it to be honest, the steem itself is really great and i think that it is going to grow only, it would be a really smart decision to invest in it
sr. member
Activity: 336
Merit: 265
August 09, 2016, 06:14:40 AM

Upvoted and replied:

Well you've  condensed my various points from Bitcointalk into a blog post. Thank you.

Perhaps the whales wouldn't want to give up the power to influence which content is highest rewarded and ranked, because right now what makes the most economic sense for whales if we assume they want to cash out 1% weekly of their powered down STEEM POWER, is to create the most hype. The huge $ rewards and some of them to popular personalities in the crypto-libertarian-tinfoil-hat ecosystem probably drives more buying demand for STEEM on the exchanges and awareness overall. But I would wonder if this is less viral than a site with sincere benefits for the users who then spread it via word-of-mouth. I'd like to target the latter design.
sr. member
Activity: 336
Merit: 265
August 09, 2016, 05:52:10 AM
See I told you guys!

I wish a whale could throw some appreciation to this lady's comment for participating in a marketing focus group study:

Quote from: myself
We need to make sure people won't associate cryptocurrency and blockchains with scams, which is why it is so important that we get the details correct.

Absolutely! It's unfortunate, but many people do view it as a scam. It also doesn't help that mainstream media coverage only focuses on hacks and rarely covers success. To hear you say that, though, is comforting. It means that those involved are aware of outside perception and care enough to address it.

I followed up:

Apology if anyone interprets that I am polluting your blog with my agenda. I just want to add one last comment that I am concerned that the name choice is not the best.

Steemit may connote a porn site to some (most?) people.

I'm contemplating that especially women would be reticent to share this name with their cause-oriented groups if they started to notice whispers. I explained my understanding of the marketing of choosing a name at the Bitcointalk forum.
newbie
Activity: 5
Merit: 0
August 08, 2016, 10:18:45 PM
Steemit website looks like it was built in the 80's, it's awful.


But go look at google and tell me that substance (core functionality) isn't cardinal over form/aesthetics.



I agree but the substance ( earning money) is not there on steemit for 80% of the newbie so UI is more important to keep them on the site.I would think that with a tech community it would be trivial to get a UI that doesn't look so outdated but it seems not.
sr. member
Activity: 336
Merit: 265
August 08, 2016, 09:38:45 PM
Steemit website looks like it was built in the 80's, it's awful.

Btw I saw your other thread. My 2 cents is I presume they just tried to get something launched and will let the free market build better UIs or they will improve theirs over time.

So many design concepts need experimentation including even totally new features other than blogging, not just the UI design.

But go look at google and tell me that substance (core functionality) isn't cardinal over form/aesthetics.

P.S. there were no websites in the 80's.  Wink Well maybe one since Sir Tim Berners-Lee invented the World Wide Web in 1989. But DHTML didn't arrive until late 90's.
newbie
Activity: 5
Merit: 0
August 08, 2016, 09:23:10 PM
Steemit website looks like it was built in the 80's, it's awful.

Seriously this site give such a bad image to crypto and it makes the project looks so cheap. Dan and Ned ( I believe ) have tried to improved some aspect of the design today but it got even worse, really they shouldn't even try to work on the front end, they clearly suck.

It's a shame that the site pays playmates 10k USD per post but can't get a dev to code a new modern UI.

https://steemit.com/steemit/@steve-walschot/dear-steemit-why-do-you-undervalue-your-developers-who-make-this-platform-big-and-usable

The minimalist UI argument is moot, you can have a very clean design that doesn't look like a stone aged website.

https://steemit.com/steemit/@etherdesign/new-website-design-for-steemit  This user came up with a pretty good design and is probably more suited than Dan for the job. Dan clearly has no idea what a UI should look like in 2016.

sr. member
Activity: 336
Merit: 265
August 08, 2016, 09:03:54 PM
See I told you guys!

I wish a whale could throw some appreciation to this lady's comment for participating in a marketing focus group study:

Quote from: myself
We need to make sure people won't associate cryptocurrency and blockchains with scams, which is why it is so important that we get the details correct.

Absolutely! It's unfortunate, but many people do view it as a scam. It also doesn't help that mainstream media coverage only focuses on hacks and rarely covers success. To hear you say that, though, is comforting. It means that those involved are aware of outside perception and care enough to address it.

Note she has a cryptonerd bf or husband. So maybe she is (unknowingly) coached (i.e. influenced). I hope the other lady replies who came from outside of crypto.
sr. member
Activity: 336
Merit: 265
August 08, 2016, 08:55:06 PM
And something more: The only thing that may be worthy of your time is finding a solution to the reward scaling issue.

This is the only thing that I can think of that it can render the platform DOA.

Users can experience explosive growth, say go from 50k to 50mn. (1000x)

What about rewards though? Can marketcap go from 200mn to 200bn to preserve them? Obviously not.

Why not?

Because if I extend this even further to a user base like 500 million (closer to twitter and instagram levels - and still 1/3 or 1/4 that of facebook), it then requires a marketcap of 2 trillion - which is an absurd amount. And I'm not accounting for increase in value due to network effect - my assumption is for linear relation.

Sure at some point it may slow down a bit, but these are relatively small factors.

We could end up being shocked when the world figures out that the industrial age economy has a negative profit potential and they better shift to something of value.

It is a long-shot, but not unthinkable.

If it gets to 50 million users and beyond then much of the value of the network will be things other than getting paid for your blog. Everyone in the world is not a blogger. Actually as I've stated earlier in these threads, already most people aren't going to be paid much because they dod't produce much of value. They may get a few coins here and there which might be enough to seed the concept of crypto for them, but if it goes beyond that they will earn or buy coins.

The ecosystem will absolutely not stay stuck on blogging.

The different ways value will be generated will proliferate.

It is going to cause dizziness it will be so fast due to open systems.

We are the cusp of the biggest thing ever.

Quote
But I would argue strongly against its probability of happening.

I would argue that 50-500 million users on Steem is highly improbable, but conditional on that happening, a very high (relative to current cryptos) market cap is almost a certainty.

Agreed.

But the probability of it happening on some blockchain is better (more chances and forking allowed for more experiments/challenges), although still a long-shot. But if someone nails the killer app, we will be on our way to the moon.

Make sure you pick your horses well or diversify.

I don't know if it'll get to threaten bitcoin though - although I can't rule it out.

A Steem-like concept could blow by Bitcoin easily. But still everything is highly improbable at this juncture.
legendary
Activity: 1708
Merit: 1049
August 08, 2016, 08:50:31 PM
I would argue that 50-500 million users on Steem is highly improbable, but conditional on that happening, a very high (relative to current cryptos) market cap is almost a certainty.

Of this I'm confident as well: ETH has nothing on steem in terms of real life use and it will either have to drop below 200mn, or STEEM will have to go beyond 1bn. Otherwise it's a tremendous market anomaly.

I don't know if it'll get to threaten bitcoin though - although I can't rule it out.
legendary
Activity: 2968
Merit: 1198
August 08, 2016, 08:46:48 PM
And something more: The only thing that may be worthy of your time is finding a solution to the reward scaling issue.

This is the only thing that I can think of that it can render the platform DOA.

Users can experience explosive growth, say go from 50k to 50mn. (1000x)

What about rewards though? Can marketcap go from 200mn to 200bn to preserve them? Obviously not.

Why not?

Because if I extend this even further to a user base like 500 million (closer to twitter and instagram levels - and still 1/3 or 1/4 that of facebook), it then requires a marketcap of 2 trillion - which is an absurd amount. And I'm not accounting for increase in value due to network effect - my assumption is for linear relation.

Sure at some point it may slow down a bit, but these are relatively small factors. If it gets to 50 million users and beyond then much of the value of the network will be things other than getting paid for your blog. Everyone in the world is not a blogger. Actually as I've stated earlier in these threads, already most people aren't going to (and shouldn't) be paid much because they don't produce much of value. They may get a few coins here and there which might be enough to seed the concept of crypto for them, but if it goes beyond that and there is utility on the network they want to access, they will earn (meaning direct business or employment type earnings, not blog rewards) or buy coins.

Quote
But I would argue strongly against its probability of happening.

I would argue that 50-500 million users on Steem is highly improbable, but conditional on that happening, a very high (relative to current cryptos) market cap is almost a certainty.

legendary
Activity: 1708
Merit: 1049
August 08, 2016, 08:44:50 PM
And something more: The only thing that may be worthy of your time is finding a solution to the reward scaling issue.

This is the only thing that I can think of that it can render the platform DOA.

Users can experience explosive growth, say go from 50k to 50mn. (1000x)

What about rewards though? Can marketcap go from 200mn to 200bn to preserve them? Obviously not.

Why not?

Because if I extend this even further to a user base like 500 million (closer to twitter and instagram levels - and still 1/3 or 1/4 that of facebook), it then requires a marketcap of 2 trillion - which is an absurd amount. And I'm not accounting for increase in value due to network effect - my assumption is for linear relation.

It is not absurd. The global networth is perhaps $500 trillion.

Social networking could be very large segment of the knowledge age economy.

Bitcoin is nothing maybe 100,000 to a million users and has a $10b mcap.

In theory everything is possible. But I would argue strongly against its probability of happening.

What I think will happen, is that a trendline will emerge over time regarding marketcap size (I predict it will be relatively stable) and user expansion (moderate but steady increase). We will then be able to extrapolate the rewards by extending the curve into hypothetical space (future userbase) and find the point of non-viability for the average westerner (he'll have to bail), then the point of non-viability for average south.american / eastern-european, then africans and asians...
sr. member
Activity: 336
Merit: 265
August 08, 2016, 08:41:59 PM
Steemit's biggest problem is the "Karma Whore Dilemma"...
Since one is penalized for disagreeing with idiots (unless you are a whale)...  
People with professional experience and an intelligent point of view will just go back to Reddit.

On Reddit one can post a controversial, but intelligent commentary...
And often get surprised by the amount of positive karma...
While on Steemit you can only get on your knees... and Suck The Big One.

I agree there are issues here that have to be improved. I am not going to agree on any specifics right now. I am lacking sleep (only 5 hours in the past 38 or so)
sr. member
Activity: 336
Merit: 265
August 08, 2016, 08:39:57 PM
And something more: The only thing that may be worthy of your time is finding a solution to the reward scaling issue.

This is the only thing that I can think of that it can render the platform DOA.

Users can experience explosive growth, say go from 50k to 50mn. (1000x)

What about rewards though? Can marketcap go from 200mn to 200bn to preserve them? Obviously not.

Why not?

Because if I extend this even further to a user base like 500 million (closer to twitter and instagram levels - and still 1/3 or 1/4 that of facebook), it then requires a marketcap of 2 trillion - which is an absurd amount. And I'm not accounting for increase in value due to network effect - my assumption is for linear relation.

It is not absurd. The global networth is perhaps $500 trillion.

Social networking could be very large segment of the knowledge age economy.

Bitcoin is nothing maybe 100,000 to a million users and has a $10b mcap.
legendary
Activity: 1708
Merit: 1049
August 08, 2016, 08:38:07 PM
And something more: The only thing that may be worthy of your time is finding a solution to the reward scaling issue.

This is the only thing that I can think of that it can render the platform DOA.

Users can experience explosive growth, say go from 50k to 50mn. (1000x)

What about rewards though? Can marketcap go from 200mn to 200bn to preserve them? Obviously not.

Why not?

Because if I extend this even further to a user base like 500 million (closer to twitter and instagram levels - and still 1/3 or 1/4 that of facebook), it then requires a marketcap of 2 trillion - which is an absurd amount. And I'm not accounting for increase in value due to network effect - my assumption is for linear relation.
sr. member
Activity: 336
Merit: 265
August 08, 2016, 08:34:03 PM
There's nothing inherently incompatible with improving the world and getting paid by ...steemit.

Look. The distribution is SO BAD that it can only improve.

What part of censorship-resistance and trustless do you continue to forget over and over again.

What part of TBTF did you forget from 2008.

What part of the moral hazard of charging failure to the collective and giving profits to the fat cats from 2008 do you think the people do not care about. Why are Bernie Sanders and Trump so popular.

Please this is getting redundant. I don't want to be dragged into more pages of verbose crap talk.

Ya man, it's 2016 and people been whining about "unfair distributions" for years... and nobody cares. Deal with it.

Females are not going to buy into our scams. Did you not see the lady with 500 people she wants to bring into Steem but she is worried they will think it is a scam.

The masses are staying away from our all-male tinfoil hat cryptospeculators Pink Sheets shit.

Don't you know the reputation of Bitcoin amongst the masses is rampant scams and theft.
legendary
Activity: 1588
Merit: 1000
August 08, 2016, 08:33:30 PM
I hope you understand that a 90% premine pisses a lot of people off.

Nobody cares...

Ya man, it's 2016 and people been whining about "unfair distributions" for years... and nobody cares. Deal with it.

Steemit's biggest problem is the "Karma Whore Dilemma"...
Since one is penalized for disagreeing with idiots (unless you are a whale)...  
People with professional experience and an intelligent point of view will just go back to Reddit.

On Reddit one can post a controversial, but intelligent commentary...
And often get surprised by the amount of positive karma...
While on Steemit you can only get on your knees... and Suck The Big One.
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