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RE: @ned - are we on the verge of a Steemtrain wreck? Answer NO - BUT THERE ARE STILL VALID CONCERNS
You're a fucking moron. What's the point of holding SP if you can't upvote your own content. Halfwit.
To upvote the content of others that you deem worthy of upvoting. We could all just post 20 spam posts/comments vote them up and be done with Steemit for a day.
Again I don't want to suggest that you are only using Steemit for selfish reasons, but I think a vote is something that is earned and given, and not something that should be used to boost your content to more visibility.
We all want to earn money here, don't get me wrong. But I think the rule to not upvote yourself should be implemented in a hard coded form :). There are still ways around it obviously but it sets a good signal, especially for new users, imo.
Capital gains? I mean, that's the traditional and time honored reason to invest in securities.
I realize that it's fiscally irresponsible to not self vote when significant income is at stake. However, self voting is antithetical to the purpose of Steemit, as stated in the white paper, which is to reward content creators for creating value in the platform.
I don't recall seeing anything in the white paper advocating milking the rewards pool for quick cash, at least not in a positive way. I do recall seeing manipulation of the rewards mechanism would cause user trust to suffer, and constituted a threat to Steemit.
So, is there a point to Steemit beyond self voting after you have a grip of SP, or does it just become a cash cow?
It looks like people avoid you, but I agree with you on this one.
What's the point of spending money on SP when people like you, @ned, @officialfuzzy, @steemit, @steem, @blocktrades, and Idk who tf else got it by mining.
I mine other cryptos all day long. It cost me about $3000 for the gear, and it makes about $17/day. If I could mine SP at this rate, and I had other ways to cover my bills, I wouldn't even bother trying to earn SP by writing and curating.
However, you got that at a rate more like 100 steem power per day, even more, over that first two months.
You, and the rest of you preminers, you risked nothing to get that SP. I have only got SP that I bought, or earned, and I can proudly say that what remains of my SP, was not earned by being upvoted by preminers.
And every time I look at the chart and see all that selling. I know it's you guys 'powering down' what you never risked anything to power up.
If it was really your SP, you wouldn't use it this way, because it's extremely narcissistic behaviour to upvote yourself. Normal human beings find this kind of behaviour offensive.
@nextgencrypto I think it should be obvious to everyone by now that you are aka berniesanders.