Wow - this were weeks... steem price exploded, important VCs & media wrote about steemit, we were hacked, servers overloaded and content grow from minute to minute. A whole bunch of new people joined steemit and getting their first stories written, exciting moments.
Yesterday steemit even temporary closed it`s doors for register new accounts as there were too many sign-ups last days. But in all that good times new problems come up and some are even fundamental ones.
So all good? ....no it is not!
So whats the problem now.... as more people joining more are abusing the system. Often not in a real bad manner just have the "get rich quick" signs in their eyes. The most overgrowing problem here is "tag-spamming" so people push their stories (mostly introduction posts) into all top topics resulting into full spammed niches. The worst of all is that this spam posts get of course a lot of upvotes and dominate whole categories.
What can I as new user do?
For such cases normally people should downvote/flag the post - the more voting power a user has the more power has its vote. All good on paper and looks well.... but now to the reality - all full spammed, 3-5 editorials mostly with no power, poor viral content what earn top and as a normal consumer everbody would have left in first minute. So how can this happen and who is responsible for this quick escalate.... the whales and dolphins - so the fat stack holders.
Where are the whales and dolphins?
A good question.... but simply not doing their work, help steemit and protect their investment. When you are a steemit-power whale you must have to do editorial work to protect your investment and keep the plattform clean - so this is not only a get-rich-quick game here. So in general this people hurt steemit now when you analyze it in detail.
How large the problem got?
Well in my eyes its totally fucked up.... yesterday there were 4 posts in topic "marijuana" related content in TOP12. This are the worst spam results rates since early internet... well done steemit-whales!
What are the whales and dolphins instead doing?
In general a lot of them (not everybody) just do steemit-prostitution & abuse the system.... so they meet in slack chats and upvote their content all together - also for money. This got the next overgrowing problem here... it got so wild (and shameless) that in the top earing story of yesterday it was even clearly stated.
Here the copied text:
...................................................................................................................................
I've made awesome partnerships with top writers like@XXXXXYYYZZ and @XXXXXYYYZZ and had chats with some really awesome people on Slack.
To: @XXXXXYYYZZ @XXXXXYYYZZ @XXXXXYYYZZ @XXXXXYYYZZ and a host of others. You guys rock.
...................................................................................................................................
You wonder why you earn 0.02$ and others with some shit content 20k... well here is the reason - lol.
Conclusion
Dear whales and dolpins - you should get on the white side of steemit and start working otherwise your whole investment will be destroyed. When you own a stack of steem-power and not do editorial work or have time for it then you should simply sell your account. This whole problems with spam and poor upvoting for cash is even on that stage today a point why all can fail. Nobody even not stupid ones will look if they can find related content between 80% spam.
It would be great to get maybe also a discussion with some whales here - what you think about it? I know I wrote it maybe little too exaggerated but it is an important topic what should be discussed about.
For new investors...
The market cap would be even not OK if all would work like it should be but how it run today it is just a joke. Take care when buy today - way too overpriced in my opinion. I think it is good to watch it for a few monthes and then decide what price can be representing the value.