~Econ Monthly Check-in: April \ stacker news ~econ

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415 sats \ 26 comments \ @Undisciplined 30 Apr econ

I was a bit more distracted than normal this month, but ~econ kept humming along.

Posts: 228 (7th)
Comments: 1459 (5th)
Stacking: 128k (4th)
Revenue: 74k (4th)

We're holding pretty steady, but haven't gotten back to our highs from last year.

With revenue down slightly, I'll move the post fee back towards the previous local max and conclude the posting fee optimization process for now. Going forward the posting fee will be set at 84 sats (until I decide to start messing with it again).

Next month, I'll start the comment fee optimization process.

We're still on pace for a profitable year and having a nice sized fund to pay out the end-of-year awards.

Thanks everyone for supporting this community!

Let me know if you have any suggestions for how to improve the territory.

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22 sats \ 9 replies \ @jakoyoh629 30 Apr

Good job! I'm not really clued up on all the economics stuff, but I like to know what's happening right now and what they're saying for the future. We could probably do with more posts about how it hits us personally, like personal finance.

32 sats \ 6 replies \ @Bell_curve 17h

go to the Stacker Stocks territory for personal finance

10 sats \ 5 replies \ @Undisciplined OP 17h

For one element of personal finance, yes.

For things like household budgeting or maximizing airline miles (or whatever), I don't think that's the right place.

42 sats \ 4 replies \ @Bell_curve 17h

I have achieved Gold status with Marriott

10 sats \ 3 replies \ @Undisciplined OP 16h

Is that their highest status?

23 sats \ 2 replies \ @Bell_curve 16h

Platinum, Titanium and Ambassador are higher

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33 sats \ 1 reply \ @Undisciplined OP 30 Apr

I like that. There used to be a ~PersonalFinance territory where we did that sort of thing.

If you have anything in mind, go ahead and post it, I'm sure it will get some engagement, and I'll try to think up some topics too.

42 sats \ 0 replies \ @jakoyoh629 30 Apr

I'm more of an audience member than a performer on this topic, but if the show gets interesting, I'll jump on stage. Ahah

37 sats \ 6 replies \ @grayruby 30 Apr

More Canada posts incoming now that CBDC Carney is our fearless leader.

40 sats \ 5 replies \ @Undisciplined OP 30 Apr

Beautiful!

More completely serious and overly generous statehood offers on the way, then, too.

41 sats \ 4 replies \ @grayruby 30 Apr

BTW I had the wrong weekend for the pod recording I wanted to reschedule and also my wife has corrected me. We will be returning on the Friday not the Saturday so the normal time will be fine anyways.

I am just the driver. I have no clue what is going on with this family trip. Haha

40 sats \ 3 replies \ @Undisciplined OP 30 Apr

I love it when problems just go away on their own

43 sats \ 2 replies \ @grayruby 30 Apr

Yes worked out well. We are travelling to the US though so my wife may get arrested for trying to smuggle in an illegal. Haha. That would throw a wrench into the trip.

50 sats \ 1 reply \ @Undisciplined OP 23h

Silver lining: you'd get to move to El Salvador.

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21 sats \ 5 replies \ @LibertasBR 23h

The increase in that period must have been largely due to the rise in prices and the election, right? The numbers are good, everything is very stable, congratulations on the territory.

19 sats \ 4 replies \ @Undisciplined OP 23h

March and April '24 were sort of outliers, because SN was running an incentives experiment.

The dramatic change came from a small number of previously heavy commenters dropping off.

38 sats \ 3 replies \ @LibertasBR 22h

Interesting to know that. Did this exit happen because of this experiment? Is there a post about it?

10 sats \ 2 replies \ @Undisciplined OP 21h

The experiment was initially called Million Sat Madness. I'm sure plenty of posts were made about it.

Many stackers left during, and immediately, after the experiment. I don't think it's the explanation for the decline of ~econ commenting though, because that peaked several months later.

36 sats \ 1 reply \ @LibertasBR 3h

I took a look at the original post and many of the accounts that said they were leaving actually haven't posted since that period.

0 sats \ 0 replies \ @Undisciplined OP 3h

Yeah, it was more alienating than the introduction of Cowboy Credits.

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37 sats \ 2 replies \ @NovaRift 30 Apr

How about you keep the territory fee to a maximum of 99 Sats or maybe lower it to 69? But also increase the comment fee to 5 to 7 Sats? You're doing a great job, and since you're an economist, I guess whatever you do will have some reason behind it. Thanks for doing so much!

31 sats \ 1 reply \ @Undisciplined OP 30 Apr

Since you're curious, I have been running a crude binary search process to find the optimal post fee.

The fee was 215 (I think), when I took over and I cut it in half. Since revenue went up, I cut it in half again, but revenue went down, so I brought it halfway back, and so on. Technically, I could have let the process play out for a couple of more months, but I knew what the next two moves would be and by then the changes would be trivially small.

I'll do something similar for comments. So, the first will be to keep doubling comment fees until revenue goes down and then start zeroing in on the optimum.

37 sats \ 0 replies \ @NovaRift 23h

Whoa! As I thought, you're an economist and would be doing something about it. Since I'm a user, there would be some psychology involved; like the number 99 makes me pay more comfortably, and 69 as well, that's a good one. I would have absolutely no problem paying whatever comment fee you set. Revenue might be slightly low compared to before, maybe because activity has slowed down a bit after the introduction of CCs and the price increase of Bitcoin. I think every territory would be seeing slightly lower revenue. But soon, I think it will be back on track. The ~econ territory is like an immortal hen that will definitely lay eggs daily, but sometimes it might be short of one or two it will lay for sure! Let's see, and I'm excited to find out what the pay to post fee of your territory will be when you figure it out! Good luck!