Exhibit A
Hive has a constant influx of new users (even if not large), including new active users.
Exhibit B
Active user numbers have been flat for several weeks. Authors and curators in particular.
A + B =>
New users are not sticking around. There are as many active users leaving for the last few weeks as are joining.
Why?
The trending page is not so bad now. So why are users leaving?
The rewards are decent and fairly widely distributed. Farming is relatively under control, so why are users leaving?
We have lots of apps and there's no Steemit ninja mined stake any more. So why are users leaving?
Median post payout has been hovering from $0.60 to $0.80. That's surely pretty good. The vast majority of Medium posts and Youtube videos make literally nothing.
Engagement is also pretty good at 2-3 comments per post.
Please discuss in the comments. The rewards on this post will be 90% burned and 10% gifted to @peakd. Graphs by @arcange and @penguinpablo