RE: Open letter to @Ranchorelaxo and @Haejin.
Thanks for sharing this @transisto - it's good to see that you are doing your part for the community!
As a full time ICO consultant, I spend a lot of time looking at price projections, hyped up coins, and the general volatile market. I specialise in white paper analysis and strategic marketing (basically How To market an ICO effectively as opposed to simply getting influences to pump it!). It is worrying to me to see people giving such bullish projections for coins that aren't great, in fact it worries me more than it probably should - if we want to bring in serious investors and a lot of people to Steemit, we need to at least try to post somewhat honest, relevant, realistic content. I'm all for freedom of speech, but there comes a time where certain people need to be regulated to some extent, which seems to be what you are doing. I know that other people, such as @fulltimegeek, who are also doing this, and I think it really stands to the strength Of The community that people are doing this.
I have been considering flagging posts like the ones you mentioned, but my issue is that I have such little protection with my lack of Steem Power and a low reputation compared to those that I would be flagging - I'm currently looking to build some really big projects on Steemit, and am actively seeking support for them, therefore I want to make sure that I look at credible as possible to potential delegators/people who want to be involved in my project - maybe it's a case of having community leaders offering some form of protection to those who support, or maybe it should be left to the big players like yourself - I'd love to hear your thoughts anyway.
Finally, I'd like to take this chance to offer my services - like I said, I'm full time in the ICO industry. I would be more than happy to review any post that may seem unrealistic etc. and talk about its credibility, if you or anyone else is interested.
Thanks again for doing this @transisto, it really does show your dedication to the community and the fair distribution of rewards.
Flagging doesn’t affect anyone’s freedom of speech. Flag all you want.
That's what I said @sneak, I think that maybe I miscommunicated! I mean that flagging should be used in cases.
90% of whatever "predictions" @haejin is doing are just speculation. He is making a small fortune for what is essentially astrology or tarot reading, while many others struggle to make a few bucks with actually useful content.
and there is nothing wrong with it.
IF Haejin was daily predicting the price of chicken heads with astrology than that is also content. I really don't get what he is doing wrong. :D
He can also post and upvote himself 10 times a day. This place is great because there is no censorship. If big whales start to censor the shit im out.
The more he makes by voting himself, the less everybody else makes. The reward pool is specific every week and is shared based on the distribution of voting power. Meaning, everybody's rewards lower the more he upvotes himself.
And he has that right because he invested a shitload of money. I assume steemit is still based on a capitalistic society.
So tell me what he does wrong. Being annoying or useless doesn't count as something that needs to be censored.
He has not invested any money into Steem (as far as I know). IF he had invested any when he joined Steemit, it was less than $5000.
Almost all the money he has in his account now is from and because of the @ranchorelaxo upvotes, nothing else.
What does he do wrong? He focuses 95% on himself. While misleading and potentially misleading thousands.
He censors anyone that shows these numbers and disagrees with him.
Recently I posted two Posts that speak facts and opinion about how his actions are damaging to the Steem / Steemit platform. And he 100% downvoted/flagged both. My posts were not mean or vulgar, but he saw it good to CENSOR me.
He is not leading by example in:
Because if that is allowed, then everyone will give up on trying to create good content and will just be self voting worthless posts, ruinning Steemit in the longrun.
-Most people don't create content for the money.
-It's allowed to upvote yourself 10 times a day, change the rules. (maybe an idea steemit)
-It really sounds like an error in the structure of steemit. In the end this is business and he isn't breaking the rules.
He is maybe an asshole but it's all legal. (It's also legal to downvote him to death)
Everything you say is true, but not many are willing to pump 100K in STEEM just to trash this guy.
So that makes him a legal asshole or law abiding asshole? :P
The more u make when u got upvoted the less everyone else gets too.
It seems u are greedy and not him.
I am struggling to make 2 SBD per week with my helpful topics, and guys like haejin with their useless topics make it even harder. Like it or not, I am losing my incentive when stuff like that keep happening.
Haejin used to make cents per post. I was one of the first user that upvoted him and pushed him. I still vote for him but now i am just one of many.
So i suggest u keep working as hard as he does, publish 10 or more valuable posts per day over a view months, see how easy that is before u compare urself with him.
What happens if you invest in a vote bot to advertise your post?
you increase your reputation faster and earn less income
Alright so lets say he sells his steem power.
Is that a net gain or net loss the reward pool.?
um... you think technical analysis is like tarot reading?
Sorry but that is nonsense and impossible to defend. Identifying trends and patterns is not impossible we do it all the time, what on earth would make anyone think in this case it's now impossible
if it was possible, everyone would be aware of every change in prices
I am always torn on such an issue as your describe. Certainly there are efforts to protect people but, at the same time, people need to be responsible. Using the analysis of someone else, as an adjunct to one's own research, is fine. However, relying on someone else to make decisions for one, especially off the Internet is down right dangerous, if not borderline stupid.
There are many on here using different models of TA (and fundamental for what that is worth)...and all arrive at different conclusions. Are any of them worth following? I guess if one believes in the particular technique used, then sure...but one still needs to not blindly adhere to what one is posting.
If that is the case, the buyer beware banner needs to go up.
There seems to be two rules that apply no matter what the market:
Rule 1: never risk more than you can afford to lose
Rule 2: do your own research to make your own decisions.
that's all right
besides all the BS about TA value, and other bla-bla-bla, here are the MAIN TWO FACTS:
Does anyone still believes, that these 2 accounts are not closely related? Or owned by the same person? Or at least sharing all the profits from steemit?
Sounds like a group of people pooled resouces together to make some decent money. Or a private indivdual has outsource some low paid freelancers to create posts for him and make money. Could be a clever person that knows how to play the system for all its worth.