RE: Crypto Lessons Everyone Can Learn From the Hostile Takeover of the Steem Blockchain
The whole thing has repulsed me. Criminals like Sun and the cronies at the exchanges are to be sued. I can not in good conscience invite anyone to join steemit. This is a mess. Steemit is a farce. A dead coin rolling. This platform was a nice try. Love the idea, pity about the code, I blame the failure on the authors Ned and Larimer. Idiots. Look at the EOS fiasco a year ago where 1 witness reversed the entire chain against the wishes of the others. DPoS fail. This is not a decentralized place and as a purist I give steemit a big fail and powerdown from this joke. The only problem is that the joke is on me, on us. Blocktrades has blocked any ability to sell steem from our wallets here. When will this hijack end so I can get out of this mess. Disgusts me. I feel robbed. All my hard work accumulating steem which is now "under maintenance" according to Blocktrades, the only place I can sell my steem, unless you have some other ideas or a better perspective. We are all currently held hostage by blocktrades, the name says it all, oh the irony.
Ya, it's a pretty terrible situation. I really wish they had just locked the Steemit, Inc. stake last year when the code was added, or earlier.
We certainly knew it wasn't de-centralized from the beginning, but the big thing for me was that it was decentralizing over time thanks to all the ways inflation is distributed and nobody really being able to maximize ROI without actually interacting with the chain in all the different ways.
Nope, just the most decentralized we have atm :-/
Blocktrades isn't the only means to exchange STEEM, and honestly I'm glad he and most of the dapps/services shut down rather than be on Tron's chain.
Thanks for your reply Kenny. Can you advise me how to move my steem from wallet here to Bitrex for example. I see no way how to do it except the blocktrades option in the wallet section.
I would hold off on selling if I was you. It looks likely this will lead to a pump (and likely dump) of some kind.
If we have a fork, you definitely want your STEEM to be in your wallet, as you never know with the exchanges.
Yes that makes sense, I can see a pump and dump coming, with Sun involved. He is the king of P&D. I will keep the steem in the wallet for now.
You create an account on Bittrex, and use the STEEM->deposit option. It will give you an steem account to send to & the memo to add.
Many thanks that's good to know as a backup if we have to abandon ship.