Streamate seems to be dying a slow but sure death. Model diversity seems to be way down, and none of the new models seem to last more than a few weeks. The increasing amount of pre-recorded streams also suggest they can't keep up with paying real models.
Not sure why your comment has so many disagree marks on it aside from the fact that SM is actually very good about paying their models on time. It's also fairly normal for new models to not last very long either.
That said...SM has a lot of issues right now.
The fact that there has not been a cheap or quick payment option for models in the USA to receive payouts ever since First Choice closed down is a big issue. Every other major site does ACH, but SM does not. This can be a huge expense for the model if she wants to get paid quickly since it's $40 for the transfer and banks can charge yet another fee. I know mine charges an extra $15 for all incoming wire transfers, that winds up being $55 per check just to get paid! Also not every model can reliably receive checks, whether it's for privacy reasons or if they live in an area with a high risk of checks getting stolen in the mail. Payment methods (or lack of their preferred method) can definitely be a factor for a model not using a site.
I bring this up because of the six payout options, two (Cosmo and Juicy) are not available in the USA at all. A third, Paxum, is not available for new accounts, so a lot of older USA models might have this, but new ones cannot get this service. For USA models, two options involve a mailed checks, a free option and a $30 Fed-Ex option, which again, if a model needs to keep her camming a secret or if she lives in an area where stuff tends to get stolen, these are not a viable options. The last one, wire transfer, will be a minimum of $40 just to get paid. Plenty of other sites offer direct deposit which usually doesn't cost anything, might just have a minimum payout amount. I imagine this would be hurting SM's ability to retain models, a group that already has a high turnover rate. Considering how many models do camming part time or for extra money, why would someone want to work on a site that has such a high cost for getting paid?
The fake model accounts are definitely a huge problem, they're everywhere and in spite of reporting some of them, SM does not appear to take them down. Many users have mentioned being very sick of these fake accounts.
There are also a ton of glitches that members are sick of having to deal with. If the site isn't booting them from privates/exclusive over and over, then cam2cam isn't working. It really sucks when they're actively trying to have a show by entering an exclusive show over and over, spending $30-40 between all of their attempts only to not even get a show because of the glitches. Why would a member want to stay on a site that does that? To my understanding, SM will give a refund if a glitch can be proven, but who wants to deal with that kind of a hassle? Especially when there are a plethora of other sites they could go to.
SM will also say something like "1900 models online now!" but if you count all the rows and pages of models who are actually online, it's often less than half of that. Why artificially inflate the numbers? When you factor in anyone who isn't a solo female model (because that's what most paying clients are looking for) which is usually at least 100 accounts, and then all of the fake accounts (who knows how many are on at a given time), then there are even fewer models available for what most guys are looking for when they visit the site.
Even if there are say, 700 models online, they are not all going to meet what a particular member likes enough to spend money, whether it's her look, what kind of shows she does, the quality of her feed, the language she speaks, and so on. Everyone has different specific things that they are into enough to spend money and when all of that is factored in, it can be a lot harder to find exactly what you're looking for when there are fewer models available. When other sites have thousands, again, a member could easily go elsewhere if they are having trouble finding their type.
This seems to be an awful cycle and SM really needs to do something to fix it. I do not think they are in the dying phase just yet, but they ultimately need to fix the glitches that drive so many good customers away from the site. They need to get rid of the fake accounts that are also driving away so many members. They need to do stuff that encourages models to stay or join, like better payment methods and not having a glitchy site to work on.
Aaaaaaand, I'd written this up hours ago but hadn't posted it yet. Have since then had a shift. Tons of regulars had returned, but none did shows because the site was glitchy, if that says anything. :/ Yet another typical day of this kind of crap.