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122 sats \ 14 replies \ @NovaRift 28 Feb \ on: Stacker is DEAD—As Dead as Bitcoin! meta
What's the reason for this downturn?
I'm thinking the CCs/tech complication of it ought to be a prime candidate + lower rewards/zaps. Just too messy to deal with; and we're not bribed enough to hang about
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Yes, that's also a possibility, I haven't been here on SN long enough - to experience what it was like before.
Look at what happened to @Alby after they moved from Custodial to self-hosted cloud-based nodes. I can at least say from my personal experience - all our team members literally stopped using alby for testing and switched to WoS. It takes forever to zap from alby, sometimes like 5-15 seconds.
Self-custodial is great for a lot of use-cases, but if interferes with UX, then its a road-blocker and needs to be re-looked.
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preeeeecisely!
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We're getting fewer bot posts, but more quality posts, imo.
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CCs/tech complication of it ought to be a prime candidate
Strange, just because of CCs, people are leaving Stacker News.
If they want sats, they can easily attach a wallet and still receive rewards in sats as well. What's complex here? I don't understand why they couldn't use it to post and comment as they did with sats.
Lower rewards/Zaps?
They should ask what FB, TikTok, Twitter, etc. give them. When I joined here, I no longer felt like I was the product; I ditched every single social media platform out there recently.
We're not bribed enough to hang about.
It's their loss and the loss of people who are still into those platforms and have gone back. It's just like the majority of people who haven't discovered the value of Bitcoin and Stacker News. There is a wealth of information flowing around here just waiting to be discovered, whether by us or through random searches. People will find it (like I found Stacker News when I was searching for wallets).
@k00b and his team have created the best program ever, and I'm definitely hopeful that Stacker News will find its success. If I had a list of people who left Stacker News for the reasons you listed above, I would mute them straight away, I swear.
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"easily attach."
Man, I wouldn't call it easy. And the growing pains/changing over was a mess. (I still understand nada of what's going on, and it breaks down once every few weeks).
"rewards"
oh, for sure, compared to Twitter/centralized social media of course this is better. But I could also just go sit in the park? Watch a movie?
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PRECISELY!
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💯
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I personally think it was the recent bull market. I've been talking to other Bitcoin related founders, they all seem to echo that, in the bull phase, bitcoiners tend to become less social and vice versa in the bear phase. Also, bitcoiners tend to spend less in the bull phase and more in bear markets.
I could be wrong, but just a different view point to consider.
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This makes a lot of sense. So, a bear phase is what defines the future of Stacker News? If what you're saying is true (and I think it may be the case as well), it's scary because Bitcoin is expected to go up and up in the future. Again, what I think is that on Stacker News, everyone is a Bitcoin maximalist or a type of it, so I don't think the bull or bear phase matters here. Thanks for your insights
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Thanks, I think its also conditioning of what is bull/bear phase.
Lets say if we stay in 80k-110k range for an extended period of time with an occasional jump to 180-200k. The 80k-110k range will become the new bear phase.