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RE: Feedback Wanted: 4 Week Power Down
Yeah, that's what I don't get. If you're going to speculate, and you don't want to keep funds on an exchange, it's perfectly natural to want to transfer the liquid funds to a wallet. But it's not very likely for them to power up. I don't think the power-down schedule crosses a speculator's mind in any way.
If there's any barrier to speculation, it's the lack of wallet addresses, not the power-down schedule. Adding these wallet-only accounts would probably be less trivial to shoehorn into the next hardfork, though.
100% True!
Yeah really the only reason the 4-week proposal was even seriously considered is for the upcoming fork it being a simple parameter change. That doesn't make a good idea necessarily, but it does make it feasible.
There are other ways to earn on Steem than speculating, dlease.io for example. As someone who isn't any good at trading, makes more sense for me to power up and take advantage of this investment option at circa 14% pa returns (higher previously), as an investor doesn't make sense to power up more and lock up for long periods, especially if one can lose out on STEEM hitting an ATH again and you miss that because your funds are all locked up.
Does the possibility 14% ROI directly rely on the fact that people who lease need to curate in order for them to ROI?
Or they need to do something else that relies on some kind of inflation mechanism?
Not that there's anything wrong with that, but if there was no inflation mechanism in play, there wouldn't be a possibility of 14%, right?