Steemit traffic going wild everywhere... now that STEEM is back into the top 10 CryptoCurrency Market Capitalizations

in #steemit7 years ago (edited)

Over the week end it was Asia that was seeing viral growth, now it's almost everywhere...


Img source

We are testing record levels...

Got to love the correlation between action on the markets and increased levels of interest and activity on Steemit.

It seems word gets around quickly that the prices are rising and so are payouts.

The Americas and Europe are both flirting with record levels of traffic while Asia continues to surge ahead.

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Very cool to see activity picking up!

On the markets, I expect some of the other alt coins might pull back from their "exuberance" but I feel hopeful Steem will have the advantage because we actually have something of an actual economy (the social platform, and associated apps) to give reason for Steem's (the currency) existence... other coins don't have that, when "cooler heads" start analyzing...

I am curious what all this spike is really due to... If you sit and watch the exchanges you can tell that much of this is hard manipulation. I am not discrediting steem at all, it's just that there has been many coins in the last 8 weeks that have skyrocketed with no apparent reason. Did ripple skyrocket because BTC skyrocketed? Or did BTC skyrocket because people investing in ripple are forced to buy BTC to get the ripple? I use ripple as an example simply because it raced to #2 in market cap and had quadrupled its market cap in less than 8 days. Of course it's in the interest of coin bag holders to pump a coin at the same time that BTC rises, it's like multiplying your gains.

There is no doubt that the altcoin bubble is playing a big part. On the other hand, user activity growth has been happening ever since the whale-vote experiment started to have an impact. In general increases in user activity have been preceding price increases.

Agreed, organic usage has been growing but this is being significantly helped buy rising market interest.

Crypto currencies are self fulfilling prophecies. Wave after wave of price spikes leads to more and more adoption longterm. Eventually many will become mainstream as the network effects kick in harder and harder. Steem is not going anywhere since the more users the more demand for its native token. We have core group that is as loyal as those early Bitcoiners. I got discourage investing here last year as I saw my gains evaporate but even before this recent price increase there was many signs of organic adoption growth. I only regret now divesting a 1/3 of my position at .20 cents!

Do you have to use bitcoin to buy Steem?

ATTENTION!!!

I encourage everyone to begin flagging all posts by @gavvet. He is repeating content only to suck up rewards knowing he has plenty of suckers following him that will upvote regardless of how shitty the content is. To ensure your -100% posts do not get flagged you can use this page to ensure the post is within the period a downvote cannot be countered: https://steemdb.com/labs/pending

It does seem like there is a problem with reward amounts when price of steem hikes up. Maybe users should be able to put a limit on how much reward their post can get since after price hike, autovotes are worth much more than before.

Getting 200 dollars for content like this does not benefit the platform as whole.

E: and nothing personal against you gavvet, I'm just thinking with the platforms interest in mind.

there is such possibility in steem, but it is not exposed on steemit.

Last post has over 800 eyeballs that would tend to differ with your assessment.... these are Search Engine Optimized

LOL "Search Engine Optimized" my ass... I'm building up an army to counter the bullshit votes you're receiving. Unfortunately for you, there's NOTHING you can do in the last 12 hours before payout. Enjoy!! I know I will!!

Isn't steemit wonderful?

It can provide enjoyment in so many ways.

Flag away all you like, you and all your army, since the price rise this stuff is overpaid anyway!

So at least it trends where it can be read and create a little optimism and then you all get to trim it down to size and have fun while doing it!!! Two bites at the cherry, create optimism first and provide enjoyment later.

So is that $1.42 per view? I don't know what the going rate is. Is that fair?

Agreed the ratio is ridiculous and still climbing due to the external rise in the price of STEEM, It was not so when this was posted, however how much more content do you find on steemit with over 100 comments, and more views than votes?

That is where the eyeballs differ with @berniesanders assessment regarding the quality and how many of those votes accrue

Would you consider setting a max-payout?

Max-payout? Is that in development? Not a bad idea.

While steemit.com fails to offer a max-payout UI option, here are a few workarounds:

  1. Keep posting, let it self-correct. If the reward really is too high, it's not like it's your fault. People should pay attention and fix their curation logic.
  2. Use Decline Payout every so often so that over the course of many days, your payouts are limited.
  3. Start posting with streemian.com (Scheduled Posts) and set a Maximum accepted payout in the Advanced Options.
  4. Use my ruby script to post, which also allows you to set a max payout.

This is good to know, my work around is @berniesanders, he has been managing my max payouts, for the last couple of months, for me by ensuring that they get downvoted appropriately... He was just a little slack and slow figuring out this last 12 hours thing

I have advocated for max payout for a while.

Yet you've never used it because you're a greedy twat.

Did I know about it, but now I have you and your army to take care of it for me ;)

Now any trader or potential investor that searches for "Steemit Traffic" will get the two articles(2 and 3 on google just behind Alexa) I put up specifically for this purpose.

On the search terms "steem traffic" they are 1 & 2 on google

Didn't you post this yesterday too?

Can you read? or are you just blinded by hate?

Very promising indeed, nice charts :)

We hope so, the promise that is...

Congratulations @gavvet!
Your post was mentioned in my hit parade in the following categories:

  • Upvotes - Ranked 4 with 445 upvotes
  • Pending payout - Ranked 10 with $ 253,45

I'm just trying to stay calm and focus on business as usual. So exciting!!

yup, its like back to the good old days in July last year.

Yes.. we should be focused on our content. Thanks for the reminder.

The future of social media! I have no doubt in my mind that this is going to keep climbing. SO MUCH untapped demand. The potential is huge!

Really hope it reaches new alltime highs, I managed to get quite a few friends to invest allthough they dont seem post.or upvote they all bought quite cheap

Excellent, investors are just as welcome as more users