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Exploring Steemit

BY: @yef99 | CREATED: Aug. 8, 2016, 5:58 a.m. | VOTES: 67 | PAYOUT: $289.72 | [ VOTE ]

Hi all, my name is Geoff and I'm glad to be making my first post! My friend introduced me to Steemit and I thought I'd play around with it. I'm an engineer by training and have focused my life on using technology to make the lives of ordinary people better. Particularly, I love how technology can be used to democratize old business models. So Steem is right up my alley! 

I wanted to know how Steemit in general was trending, so I opened up Google Trends. 

What I'm seeing is an initial spike followed by some settling down to a new baseline. This isn't a bad chart - a bad chart is an initial spike settling down to the previous baseline. I interpret this as Steemit seeing a lot of activity as a bunch of people checking it out around July 13, with many people, something like 30%, staying around and engaging with the site. 

That's pretty awesome.

What we want to see is a nice steady increase, with more spikes and drops, but an overall upward trend, as I annotated here. 

That's all for now...

Onward. :) 

-geoff

TAGS: [ #introduceyourself ]

Replies

@professorx | Aug. 8, 2016, 2:53 p.m. | Votes: 1 | [ VOTE ]

That looks like the Steemit stock price! Seriously, though, I'm sure there will be patterns of mass adoption followed by culling of users who don't receive many upvoted articles.

@yef99 | Aug. 8, 2016, 4:52 p.m. | Votes: 1 | [ VOTE ]

Totally. Over time, though, as the content appeals to a broader and broader audience, the 90-9-1 rule will take over, where 1% of users contribute content and most people just consume it, with a small number of those commenting and upvoting.

@inna3 | Aug. 8, 2016, 4:06 p.m. | Votes: 0 | [ VOTE ]

Good afternoon. Your article is very useful. I voted for you.

@adrevel | Aug. 8, 2016, 4:51 p.m. | Votes: 0 | [ VOTE ]

Hi Geoff, welcome to Steemit =)

It's cool to see a visual of the interest over time. It'll be interesting to see how the trend continues moving forward.

@trendwizard | Aug. 8, 2016, 5:21 p.m. | Votes: 0 | [ VOTE ]

Now that's a beautiful chart, nice corrective consolidation before the next big spike

@hrottie | Aug. 8, 2016, 9:10 p.m. | Votes: 0 | [ VOTE ]

Well @yef99 i have to say it is a very nice one, as your first post.
Keep it going, and im sure you can become a big player here :)
I think that we will have more and more people over here, what is only an improvement for steemit.

We are still in beta, i cant wait until full steemit :) Popularity would sky rocket haha :)

@yogaista | Aug. 8, 2016, 10:51 p.m. | Votes: 0 | [ VOTE ]

Great idea! The trend pattern you suggest is similar to stocks. Maybe they should start a STEEM trading system!

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