STEEM's problem is not the blockchain

in #steemit5 years ago (edited)

When STEEM was worth over $1, it was because of market manipulation. It was favorable for top Steem Power holders. Everyone loved the shitshow that was going on without making any questions, as even @meno has already said and posted about it himself. A lot of that money left steem as most people are only really interested in selling, never in buying.

HF20 made minute 0 self-upvoting useless. Noone gets special self-upvote benefits anymore, which is horrible for dolphin+ class users. They used to get free steem power because of how upvote weight rules work, but now they can't anymore, so that's a very big reason some of them wouldn't invest further into the platform. This was an extremely fair update in this context.

We have gotten nearly zero truly useful apps. There's really only one big game on the platform: steemmonsters. It's a pay to win game which doesn't even let you pay with fiat, so it's presence doesn't really help the blockchain. How many people do you know who joined so they could play steemmmonsters? I don't know any.

Let's not forget DLive, either. They scammed everyone for huge sums then simply left. It was good, unlike DTube which unfortunately fails to upload videos more than half the time or vimmtv which doesn't host VODs. We simply don't have enough options. Nobody with enough money is investing in good apps.

So... The current STEEM price is pretty realistic right now. And that's okay.


Think about it: it's easy to code for this blockchain. We already have steemjs and whatnot. We have incredibly fast, feeless transfers with memos. There's no reason we shouldn't have more apps. We just need some business entrepreneurs who want to build a real business around here.

If you're mad because you bought in when Steem was at $2 or higher, well, a lot of people who bought Bitcoin when it was at $10k are pretty mad too. See what I did there?

In part, this my response to Death By Bidbot: The Fair Use Of Steem, which I completely disagree with.


Random HF20 benefit: The global "new posts" page is curateable

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You are very wrong about Steemmonsters.

Not only is it extremely more popular than you realize, your reason for demonizing it within the context of this article, attracting money to the blockchain, is laughable. The game is attracting gamers from all around the World who are willing to pay to play because the game is amazing.

But dont take my word for it.
https://www.alexa.com/siteinfo/steemmonsters.com

Even if you do not like the game, its value to you is that is showing other potential businesses just how awesome using the steem blockchain is(0 trans costs and 3 sec blocks).

You should be promoting steemmonsters for HOW they are utilizing the blockchain.

It's a pay to win game. It's as good as any p2w games: it's not. I wouldn't want anyone to think "steemit is a great platform for pay to win games", so I don't promote it.

That's also only a single detail from my entire post which you decided to pick on, which leads to another reason I dislike the game. People react as if I was cussing at their mother. It makes no sense.

Also, steemit already promotes it's 3-sec blocks ever since it was announced, so using steemmonsters specifically to talk about it also makes no sense.

There is a difference between theory and in practice.

It is not a pay to win game, it just is not a cheap game to have a great deck. It costs $10 to play.

The reason I picked on that point is because you talk about attracting $ to the blockchain, then criticize the hottest thing on steem because you have to pay $10.

Did you know they take 10% of your purchases and power up steem into your acct? Thus further promoting the growth of the blockchain.

I always think it is HILARIOUS that you think people should create ideas, implement them all at their own expenses so that you can play their game for free!!!

You see how dumb that is?!!

so that you can play their game for free!!!

I have a steemmonsters account already. I just don't want to play it because it's a pay to win game. If I spend more, then I win more. You see how dumb that is?

You can get free cards every day by completing challenges. You can then sell those cards to buy other cards you want. Does it take time, of course, but it is possible.

Complaining about a game not being completely free, when you have not put in any work into it and others have spent hundreds of hours and lots of money and time in creating the game, has got to be the definition of dumb.

You keep making personal attacks for no reason, saying my statements are dumb when actually you just don't care. I'm going to stop answering you. Muted.

I never said the game has to be completely free. I never suggested that, I've never said anything that could remotely point in that direction.

Playing steemmonsters? Yes, I could. But I don't want to. It's a pay to win game. Why would I play a pay to win game? I can just put money somewhere else if I want profit.

Can you play pokemon without having a deck of cards? Can you play Magic without having a deck of cards?

Your logic is terrible.

The concept of "pay to win" escapes you. If I have the best and most expensive pokemon deck ever, will I be able to upgrade it further? No. I won't have extra odds of winning if I pay more for the same card.

There is a great difference between pay to play, like pokémon that you mentioned, and pay to win.

You can spend as much as you want on pokemon cards, it will not increase your chances to win significantly. But in a pay to win, it's not the game, it's about who got the most money to spend.

There is a clear difference, one is actually a game, the other is an action disguised as a game. Seems logic to me.

That is not true, the best cards tend to be the rarest and if you want them in your deck, you have to buy them from someone.

ALSO, 30% of sales goes into creating tournament prizepools etc, to promote the growth of the game.

It costs $10 to join Steemmonsters and you could eventually max your decks without paying any other $ then your time. At some point the cards max out, that is the level where EGAMERS will be playing, with EGAMING being one of the biggest growing industries, period.

My original point is he made a post about the strength of the steem blockchain while badmouthing steemmonsters, and that is so wrong I had to point out to other readers that that perspective only comes from someone who wants everything for free without realizing the work others put into making and creating something.........and then he talks about ROI......I mean the shit is pure hilarity.

Let me put this differently. In which one, if you spend 1000 dollars, do you have the best chance to win. Is it Pokémon or a Pay to Win game ? One option has it in the name. You can still increase your winning chances in Pokémon, but that still doesn't make it certain. Pay to Win, yes, your win is certain, you only win, if you pay, therefore pay to win.

I really don't see the complexity in it. In Pokémon you have to pay to play, not win. Spending a Billion can get you the same cards that someone got for 10 bucks. That is pay to play, but it won't make you win.

I never played Steemmonsters, but if it isn't play to win, good, but still there is giant obvious different with Pay to Win and a normal card game based on luck or strategy.

And he didn't say he wanted for Steemmonsters to be free, only that it would be a better game in which you couldn't pay yourself to victory, that is very unattractive for a game because it takes away the game and challenge part. Why do you think EA is dying now, Pay to Win games make games unattractive and not honest.

But I see what you both are getting at, and you're both kind of right. You say that Steemmonsters are getting people and money in because is doing great, he says that it is a good thing, but Steemmonsters in principle is an unattractive game for it's mechanics, in which the people that come to Steemit will associate Steemit with Steemmonsters, and therefore kill the platform.

People who don't pay in Steemmonsters will look at the paying ones and think that the game isn't honest, therefore leave the game. The ones who pay, don't see it as a game because they just but the victory, therefor not getting the satisfaction of winning the game, so they also leave.

It's like using cocaine to clean the house, and you keep saying that, "but look how clean the house is", and he keeps saying, "cocaine is bad for you and it will end badly", but you just keep your attention at the clean house, ignoring the bad effects of cocaine. Intention is right, but not the execution.

Btw, sorry for the paragraph, I might even misquoted one of you two, or misunderstood one or both.

  1. so its not pay to WIN, its pay to PLAY. even fkng worse.
  2. i'd love to see your figures on how much that poxy game 'cost' the developer, vs how much money its made in a month.

Your due diligence is legendary.

They launched on kickstarter so they were funded by 'the people'.
Also, 30% of pack sales go towards real $ tournaments and rewards.

The idea that these games SHOULD be free, is only a perspective from someone not willing to EVER spend a $1 on the game.

Minesweeper and solitaire are still free, enjoy!

The good thing about Steems price going down, is that it will weed out the ones who are completely here for only one thing, and that is the money. Yes, them going away will make the money go down, but the ones who are for more than the money, will stay, and they keep the money existing.

The value is dropping faster than my SP growth, which means my vote is counting as less and less, but I really don't care, I can blog and read blogs, I'm staying for that.

And I'm thinking about writing an Steemit app that helps people understand and maybe even create their own Steemit apps themselves. But I'm not really giving it my full attention.

I still think it's profitable, although it's much easier for me to say since my budget is generally much lower. And yeah, it's such a lovely platform.

You can say it's profitable, I don't know your SP but I bet it's way higher than mine, so you can make a lot of profit yes, but I can't, and a lot of Steemusers can't also. So yeah, technically it is, but not really for the most.

Send me a message on Discord. https://discord.gg/PE2T2d

Give it time, we'll see more apps coming to the Steem blockchain. Especially if we see the ones we currently have take off.

To be honest, I really hope Vimm makes it...

Me too! I want Vimm to be awesome. It'll get there.

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