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RE: Steem Power Distribution - Top 100 Accounts Losing Control - 6 Weeks of Data...

in #steem-distribution8 years ago

I wish more of my hardline leftist friends would come experience how Steemit is working and evolving, to see how decentralized redistribution is something that can occur without theft.

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did you read not the post? 30 accounts control everything ... steemit is NOT decentralized !!

But,... They are losing this power, and they will continue to lose this power moving forward... We are in the distribution phase of Steemit right now, and we will be in this phase for at least the next 12 months. Distribution will slow after that, however it will still continue

0.50% per week while they're consuming 80% too much SP, which means it will take 160 weeks ... good luck with that!

Your numbers don't work their, seeing as I am talking about % change and not Gross change. I don't believe anyone is looking for a situation where a given users SP control falls to zero either. The point is, Control is being distributed, and Steemit will continue to become more democratic and meritocratic moving forward.

This does not mean we will ever hit complete parity. This will never happen...

it's not about the numbers; I'm making a point, and the point is very clear, you just don't want to accept it because you're scared of your own feelings ...

unless dan and ned start a war with the corrupt whales ... steemit will die!

you know this to be true, you just don't want to accept it, because it gives you a negative feeling, so instead you tell yourself some BS ... just so you can feel good about it all

grow up already!

This is how all of nature works. When a complex, adaptive system is left to sort itself out, it will. But it takes time. Of course you will have extremely powerful individuals in a new environment that they build. But over time, power and wealth will disperse, and you don't need a central hand to achieve that dispersion.

nice theory ... if any of there were true ... why's the price crashing? why are users leaving?

We are certainly going through a period of price discovery, and painful distribution. $70m market cap. It's not all doom and gloom. I expect further pressure on price over the coming months, however once we hit 90% Steem Power to Steem, Power Downs will begin to fall, and I expect a level of support to come into the Market, as less Liquid Steem is produced per week..

as long dan and ned refuse to use their power to stop the corrupt whales; Steemit will die!

Up 19% today, but off a very low base and with BTC weakening.

ow, 19% up in 1 day, ok let's ignore the 1900% down in 3 months then ... hahahaha

Yeah, Steem is not currently decentralized and that is a great thing. If a new platform is too decentralized when it's young, there will be huge difficulties to coordinate the development. Now that there is enough centralization, most of the hardforks have been relatively easy to roll out.

When the platform matures, it can be decentralized and start to live it's own life.

sure, keep believing your own lies ... that always works out just fine, doesn't it

/sarcasm