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RE: Weku, Whaleshares, Bearshares and Other Steemit Clones: The "Dilution Challenge"

in #steemit5 years ago

It’s a sad reality that steemit is taking a dip right now from a certain point of view you can call these clones taking the advantage or exploiting the community by taking a portion of the traffic.

But this also largely due to the fact of mismanagement by the ceo and his team

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Trying to "do better" because there's a dip in the markets and people are unhappy over that... is pretty short sighted. Most coins — whether they have a social site attached, or not — are down 90% in the last 12 months... and there's no "fix" for that, at an individual level.

Yes, we had some mismanagement here... mostly relating to the false belief that the price of everything would just keep going up, and up, and UP.

Yeah i didn’t say whether we should be trying to do better all I pointed out was that people are taking advantage of the fact that Steem is down right now and attracting traffic to their website.

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