Moving to hive
Fuck you Justin, we're moving to Hive.
5 years ago in #fridayrant by berniesanders (77)
$96.71
- Past Payouts $96.71
- - Author $73.12
- - Curators $23.59
Moving to hive
Fuck you Justin, we're moving to Hive.
Then delegate to sfr u mofo
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More like "youracryptroprick!" I see how you are!
From your pal @themarkymark-bot! Gone!
i forget to vote on my own comments
hahaha
Exactly! I could not think of a better demand driver for steem. The only reason it isn't working better than it is is because most people outside of this little box don't know about it.
The changes they are making is going to decrease demand for SP, not increase it.
Every single person knows that they can self vote and I'll ve glad if the profiteers will leave, it will give others an opportunity to bank on the hypothesized price correction, and there couldn't be a better thing happening than for those who want to buy themselves a money tree to be dissuaded from trying it. The demand to publish on a transparent, decentralized, censorship proof platform is what kept people flooding in when the price crashed to 6c, or you think it was the dreams of money trees that did it?
It certainly wasn't the allure of investing money in order to reward others. By the way, Steemit is not censorship resistant, ask @theshadowbrokers.
Steemit is not Steem, and what was that? People poured in after a total crash of the price because they could self vote? No you whack ass idiot, they did so because the desire for publishing on here.
If there was a desire to publish on here, people would flock to here regardless of the price. That has proven not to be the case.
How do you figure? What proof are you referring to? Is this still not the most used blockchain around? Is this not the most active blockchain around? What do you think drove numerous people to join after the price crashed to 6 cents? First you tried to make it seem like steem is steemit, and now you're talking about proof without anything to show for it.
First of all I never said steemit was steem, you were talking about publishing on a platform, that platform being steemit.
And no, this is not the most used or active blockchain, it's not even in the top 5 depending on the day you look:
https://blocktivity.info/
What drove people to join? Um the prices shooting up from $.07 to $2.83 in the spring of 2017.
The proof is in the activity levels man, c'mon:
That chart is a weekly chart of posts and comments, and it almost perfectly mirrors the price of steem chart.
It clearly shows there is a correlation between the price of steem and activity levels.
SMH
Lol, yeah because tx/day means anything about how active or how large the userbase is. Next you'll come back with how many wallets eos has or ETH. Lol tell me, which came first, activity or price? And the price didn't shoot up at all in the spring, check you shit.
The platform is steem, not Steemit, steemit is a front end, a cosmetic facade for the underlying Platform.
BTW, curation rewards are why most people stake up, because most people recognize that there's no such thing as money trees and they want to get rewarded for rewarding others, it's a win win, that kind of influential power will always be in demand. On the other hand, if there wasn't a way to counter self voting this place would not exist. I wonder where whaleshares is heading considering that they literally removed the only mechanism to curb such idiotic value extracting and value destroying behaviors.
If what you say is true the users and activity on here would continue to go up and up regardless of what the price of steem does. Looking at those numbers overlayed on a price of steem chart doesn't support your thesis.
Why? People leaving offsets it obviously, but people keep joining, regardless of price, why? Because people kept joining long after the price was in the 6c range.
Curious what your take is on curation snipers.
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You mean those low sp accounts that automatically upvote posts with popular tags from fellow low sp accounts?
Almost but not sure what you mean by fellow low sp accounts. They often target popular accounts known to receive high payouts with a nominal vote and are more or less agnostic to the content itself.
It's going to be much more profitable post fork I imagine. I see it as undermining ideal functioning of content discovery via organic curation.
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I'm my third highest supporter of my work. I self vote. So what. Any vote under a 50/50 model is half self vote. Many who you call whiners often don't understand this economy we've created here.
I don't think people are complaining too much about self votes. I think many disagree with the effort that goes in to what some with a lot of SP will self vote, 10 times per day. I think if they were acting more responsibly, there would be less of a problem. Especially when many of them have the most to lose. I realize they will blame the code but that's much like saying they only shoot themselves in the foot because the gun has a trigger.
I don't normally self vote my own comments but I thought it would be funny today.
I do realize purchasing Steem to self vote is one way to make this place appealing to an investor, but the main problem with that is the fact there are far more people on this planet who are not investors, those people have more money, and it's better for business to appeal to them.
The true investor here should be able to see the potential, and the smart ones would see that potential being flushed down the toilet by those acting in ways that diminish the true potential, so they will not invest. The true investor should be able to invest and see a profit, while everyone else does the work; rather than shitposting 10 times per day to a nonexistent audience.
It's easy to purchase Steem and self vote low effort garbage nobody cares about. What that behavior fails to do is provide an incentive for consumers to purchase Steem so they too can benefit by the simple act of consuming content. Nobody is interested in a one liner post about how that smart investor likes toilet paper. Millions of people would be interested in never throwing their money away again in order to be entertained.
It's not impossible for established content producers to ask 10000 people for donations. They do it all the time. If they were wise to the business model this platform can provide, that content producer could easily encourage 10000 people to pull 2.5 million Steem from the market and lock it in as SP. The consumer already spends the money. Steem can offer them a better deal. That content producer would be able to carry on doing well on this platform, without the need or desire to earn existing votes from SP holders already here. That content producer will not want to show up though if the platform isn't acting professionally.
If the groundwork was set and people actually wanted to make money here, it's not impossible to have something like potentially 1 million coming into the platform with potentially quarter million flowing out because of that million. If anyone wants to make money, you need that surplus.
The business model here is quite simple. A teenager working in a fast food restaurant should be able to pick up enough of the business basics to know the establishment cannot make money if the owner purchases a franchise, makes all the burgers, buys all the burgers, and ensures the tables remain empty.
Why that basic business sense floats over so many investor heads around here has always baffled me.
It's because most investors think short term and not long term, especially most professional ones.
It's about quarterly, maximum yearly profit margins.
And that only works for this economy if it's only a small part of what's happening. The place needs thousands of workers, and millions upon millions of consumers who already spend the money in the same fashion, we just need that money here instead of where they throw it away.
Let's be honest, it's all a question of manipulation (marketing) and hype (FOMO).
If some random celebs sign up here to be rewarded by their followers you'd see some decent money flow coming in and then other people joining in causing a chain reaction -> causing a very nice situation for us.
The #1 Steem needs right now is decent marketing and that not only from the content provider side but also from the DApp platform side.
Marketing to the consumer.
In the OP he's talking about what the crypto crowd would do. That's such a small market that they don't really matter and appealing to them would be shooting far too low.
I don't know if you read this post but I suggest you do, mainly so I don't have to repeat myself so much.
The question is always ''why would someone purchase steem to reward people" and I've answered countless times, many different ways.
I had said many times at different places already as well. Why do we need whales to enter, for the health of the platform, ten thousand people purchasing 1000 steem would be much better.
The problem I still see is that the entry barrier to crypto for normal people is relatively high still.
Millions of people are always willing to spend less.
You're right about the entry but at one point in Canada I could go to a retailer and purchase STEEM. I'm not sure if that still exists and I can't remember the name of the company providing the service.
So before marketing I'd want to make purchasing easier. Then go nuts. The entertainment industry business model is where it's at for the simple fact the people already spend the money... and I'll just keep yelling at the clouds and sounding like a fool until I get my way.. LOL!
So... don’t pursue writing? Haha
Any topics you suggest posting about? What do you think contributes the most value?
Also, you can self vote? I mean I saw the arrows, just didn’t think it would do anything. Is self voting ok? Or should I not do it?
Still new here. Lol
STFU! I'll be looking for you, thank you please! #idiotsaskingidiots! you're done!
Whoa... what’s that for? What’s with the aggression? I was asking a simple question man.
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IDK - Whatever you were being a cheerleader!
Anybody talking to that trash gets one! Wake up or step off!
Anyone asking me why also will get more!
If you have to ask @berniesanders for advice you deserve way u get!
Also asking him is self voting is ok is frowned upon!
I been here for a long time, I should know!
I'm going to go take a good hard @lookplz on your blog now! K Thanks!
I can’t talk to certain people or I get flagged? What? Is that how you see things. I’m simply asking questions. I’m new here. I ask everyone questions. Is that a bad thing? Should I be punished for being curious? What the hell man?
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Not in my world!
Step off it!
You got a complaint, go tell steemit to change the system.
This is totally legal, free, and up to me!
This is STEEM!
Get used to it!
Go take a look at my blog before you ask questions
you have not the slightest idea about
It is like sticking your head
in a bears den!
OMG! Get real! DD!
I'm 100% serious!
I don't fuck around!
Your the one
that is supposed to look around!
Look before you leap!
What's your problem?
Again?...
Please Come back 4 More!
LOL
K!
!
So this is your world now? Is anyone seeing this? Am I going to be getting flags for asking questions now? Can anyone help? I don’t have the power to match this guy and his other accounts.
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It always has been!
YUP, nobody cares!
Nobody can help
This is STEEM
Get used to it
Single file please!
Move along!
NEXT!
I didn't self vote for a long time but now I think a self vote on each of my posts is a worthwhile investment considering the time that goes into most of them . I hear what you are saying but excessive selfvotesis is probably not the answer either. "Everything in moderation' as my mother would say.
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Bigger rewards while the price crashes because everyone sees it as a pay yourself scheme not much different than all other ponzi schemes? Buying steem just to vote on yourself is hinged on the end goal, which is to eventually cash out and return a profit, correct? If steem did not have curation rewards then this platform would have imploded long ago as surely no one would have invested, as you observed, simply to give others rewards. The same for downvoting, without it, this place would have become a prisoner dilemma in no time, where despite the curation rewards no one would risk voting for anyone else. The only way for this platform to succeed is by utilizing the mechanisms to encourage others to power up what they are rewarded and to invest by buying steem. If everyone were simply paying themselves, surely you can see that it wouldn't be sustainable, much like if everyone only voted for themselves, because none of that encourages anyone to power up or to invest. That's why the proposal is in place, that's why downvoting exists, that's why curation rewards are so important.
you are just wrong, no matter what you do with your click the coins will eventually get cashed out by somebody, cause thats the game btw it's called make money and imagine bitcoin changing there white paper shit to say well next week were gonna have 42 million coins , what do you think be the investors reaction would be. The whales are not only to lazy to be good authors most are not and even more lazy to curate they really want money for doing nothing this is really not good cause reduced authors rewards will mean less content , less content means less user engagement But you seem to THINK you know it all but just dont know how to count LOL :)))
50% is less than 75%
Sure retard, there will be less content because people weren't here when the price went to six cents. You think the whales are evil/lazy, why the fuck are you here then?
imagine what my two bitcoins would have gotten me then hmm every time they play with the voting nothing gets achieved and the coin gets dumped you wanna know why i tell you why because in the boardroom meetings all over this planet of the really big firms they hear dissension bad stuff reviews anger down voting with so much choice you wanna put your money there. please stop looking back you can't see where your going.
"every time they play with voting nothing gets achieved".
In other words, you're completely OK with the incredible disfunction. Also, the curation rewards have been the same almost from inception. You act as if they're idiots "playing" with it, instead of having a clue at all, but you couldn't say shit about the fact that 75% is coming from 20% and ever shrinking organic curation.
You clearly can see where you're going, you're not an imbecile who cannot count like me. Take it from the most degenerate scumbag in this place, you're top notch, you don't belong here, go make it better, before someone else does, the invitation was there to all those NOT Retarded boardroom meeting attendees since day one: OPEN SOURCE.
How is rewarding yourself any different than staking which is offered on many (much more successful) cryptocurrencies? Do you not believe staking encourages holding (powering up)?
I put thousands of my hard earned dollars into steem power as a gamble that the price will go up and I get some nice residual income coming in... how can that be so frowned upon... Dash masternodes require locking up dash to earn money so why not lock up steem for self voting?
Because we are not just straight proof-of-stake.
The reward pool has a network and, if there is no sort of value being added to the network, it makes the rationale to participate much less compelling.
When I say value, I mean knowledge, art, music, humor etc etc.
The "stake and take" mentality is a slap in the face of every one of the users that strive to do the above.
It cheapens their labor will the lazy stack coins... Coins that will degrade in value as inflation continues while the pool of those willing to buy those coins diminishes.
I used this same analogy on another comment.
Would a moth be attracted to the lamp lest there be a light? Be the light.
I put thousands of dollars into steem just to get #bitchslapped every day here! Don't complain, you got it good here!
You should probably stop downvoting people then
Self voted to offset retards downvoting me
Powering up already earns you 12% ROI/year, without doing anything else. There is something very wrong with "pay yourself" exclusively, which is why I put the emphasis on "just" to vote yourself. First, when you lock your power in you're expecting the price to go up so that by the time you power down you can take profits, but if the price isn't doing so, you're obviously not earning anything. Staking by itself is predicated on that, so while it encourages holding, it's a gambit of long term profit taking. You might have more coins by the end, but if they are worth less than what you initially went in on, you lose. Steem inflation does not necessarily mean that it dilutes the value, just like the white paper points out, so when conventional wisdom says that increasing the supply devalues the currency, real world debunks that, be it USD or Steem. The market price is influenced by sentiment. If people have a lot of confidence in a place/project, then it will translate directly into gains. This is exactly what happened when the price crashed in the summer of '16, and exactly why the price exploded in the beginning of the summer '17. In the former case, it was the poor distribution to a few people that cashed out completely, in the later, it was the Whale Experiment and the build up of the engagement that blew up. Think about the first thing I said about if people see this place as unsustainable/ponzi scheme.. because the types of people who are attracted will be those high-risk-takers and/or scammer/marketing types, both looking for short term gains/pure speculation, zero logic or common sense, no scruples, pure hype. So what can we expect when they enter the scene? To exacerbate the already shitty situation. They won't stay long, and when they leave, it will be worse than before, because they have not added anything at all. The market is purely feelings and confidence. Powering up is supposed to increase confidence, the crux is that right now, people don't even have to power up, they can pay themselves with Bidbots. Why power up? This is the problem. The same thing with self voting, yes it's bad, and yes as you know, exclusively or almost exclusively self voting is terrible. The attraction for steem is that contributions get rewarded. If you don't believe in that, go to dash, go to those much more successful "currencies", but this place is much more than a wallet, in fact, the wallet is an accessory, noting more. The main attraction is the community, its certainly not "ROI" or anything like that, as this was evident by the fact that people kept flooding in after the crash in '16, but, if the use case for steem, or social media, dies or is bastardized then so will the price, and then the only reason to power up, to invest, is short term speculation. We can't have people taking and taking without adding anything in the long term. Yeah it's great that they power up, but if that power is abused like the haejin/rancheretardo what good is that? There's a good reason why self voting should be Much Much More risky than right now, the same for buying votes, and there's a good reason why Curation rewards exist. They all ammount to increase confidence and that will undoubtedly translate into increased demand for steem.
I see this retard under me:
Only a retard Gambles with their hard earned money, so taken for his word, classic retarded-af behavior. Does anyone need to explain that steem is not just a crypto? The idiot thinks that omg why can't it work like a dash? Because if everyone was simply paying themselves THIS PLACE WILL BECOME A RACE TO THE BOTTOM. It's very simple, it's antithetical to steem, and it evades all common sense to think that money trees exist. What the fuck does your stake add? Why expect that by adding no value you can take value, unimpeded. Only a retard could fathom "why can't self voting earn money". It can't, because it's a net negative. It adds no value, it only extracts value, and as all finite systems have a limit, it will literally be a race to the bottom if everyone did that. The only way to make Steem worth something is to add meaningful things to it, to give it value, to make it appealing to NOT IDIOTS AND Retards, and especially to the scummy high-risk takers that are no different from the assholery of the world who ruins entire neighborhoods by putting liquor store, bars and strip clubs in already shitty places, extracting all wealth from the community and exacerbating the poverty that they banked on, until they undoubtedly close up shop and move on, an option that the rest of the neighborhood does not have. You can self vote, but why power up when you can simply avoid that gamble and bidbot, though, I have a sneaking suspicion, that it will not be long before the strip clubs and bars will close up.
Only if people aren't selling that inflation at lower prices, right? Just wasn't sure on your meaning. Thanks!
It depends on how much is going to the market, if it exceeds the buying pressure then yeah it'll dilute the value, but otherwise it won't.
See what your problem is.
15% of 8.396% Inflation = 1.259% NOT 12% ...
I was wondering who was going to point that out to him.
It's not a problem at all, it's an error that ultimately changes nothing about what I said.
baah would not have a clue. hes a moron with faulty reasoning.
This is unsustainable! Get off you're high horse!
Me and poor Joe can't even be seen!
If even less than .01% of these votes went to me I could be visible! It is a sham!
curation rewards should be 75% and author 25%. So its not the best to power down and sell. More profit is for an author to stack and reward own follwers and community to get vots back ( because he gets 75% back and reward others.
The system needs to build the most profitable way = the way supports the system.
Now it isnt.
I tell this since years, i would buy way more steem if this fixed.
If you want people to not self vote, it should probably be more like 90%/10%... but 75%/25% is a good start. 50% is not enough.
I had a dream about @ned the other night. He was actually pretty cool but then CoinMarketCap from March 2020 popped up and STEEM was #378 and I screamed and started laying down hay makers into my pillow and woke up in a cold sweat. 😬
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Feelsbadman
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Where is @ned?! Has he abandoned steem?! He hasn't steemed for 3 month!!!!
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He is in hiding and collecting more money from the programmatic selling of STEEM. We probably won't see him again.
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I'm not much of a self voter.. but I'm quick to delegate for a decent upvote..