RE: An Absolute Price Crash is the Best Thing for Steemit as a Platform
jerrybanfield will no longer be buying witness votes, which makes the platform look ridiculous to intelligent outsiders. - This. I don't know if it's just me but he seems like the biggest pumper and dumper in the crypto market. I saw a video where he commented in the next video he's going to tell you about all these awesome trades, but he wants to get some cheap coins first. I was like wtf, you're basically telling people you know you're advice pumps coins, so you just want to get in cheap so you can dump once people start buying after your announcement. Then you invest in Steemit because you "believe", but I guarantee the first sign of hard times he's going to leave because it's no longer a good "investment". That's not creating value for the platform.
Maybe I'm just jealous, but he just rubs me the wrong way. Maybe I should try and do a deep dive in his material to see if it's justified or not and do a post.
I've looked at a bit of it. You are probably noticing his blunt honesty. The guy is remarkably open about showing a lot of stuff, including his mistakes. If he were a pumper/dumper, he is actively avoiding many opportunities to increase his +EV from scamming. He posts videos listing all his mistakes and faults, gives personal information that is arguably very embarrassing, etc. Stuff like admitting to addictions (of drugs or habit), past ethical transgressions, describes how he used to think of himself as a pretty awful guy. It's possible he's just bad at pumping/dumping, it's possible that he is genuine. My read (as a long-time poker player and researcher) is the latter.
I think his positivity comes from successful recovery from addictions he describes, as that is a typical and healthy attitude to have post therapy for various addictions. This is what you would want to see after psychotherapy or CBT, not that I am suggesting he ever had any.
I am not in a position to pass judgment, and if it wasn't for him, I may not know about Steemit, as I happened across one of his videos on YT when researching altcoins.
This is all assuming the information provided is generally true, which again, is my read, for what it's worth. A one in a million+ con-man could hypothetically create much of this persona, and doctor things like all his tax and bank statements he openly shows.
I don't know anything about the man, but based on what you say here, it could be both true and effective manipulation. Being confessed to makes people tend to trust someone more, ironically. https://www.seeker.com/embarrassed-youve-won-more-trust-1765451856.html
It makes sense. You assume if they were honest about that, they might be honest about other things.
My main observations remain that he is pursuing a rather ineffective strategy if his goal is to simply profit at any cost (pumping tons of rewards from posts into FB adds for Steemit, divulging certain info, etc.) and his personality is right in line with what you'd call a typical success story for drug rehabilitation therapy (ie. almost delusionally positive at times).
Beyond that, I couldn't say.
Yeah. Can I say an awful thing? Sometimes I'm envious of people who have struggled with and overcome addiction. They're demonstrably better off than they were during their addictions. Sometimes it's hard for me to see if my life is on a peak or in a valley.
Of course, I'm glad I don't suffer from addictions. And I respect how difficult that struggle can be. And I'm sure that from inside their lives, it doesn't actually look like that. But occasionally, I'll just imagine reassuring myself by noting that at least I'm not smoking anymore, and then I'll remember that I never did, really, so it's not like I've accomplished anything ever.
That's darker than I meant it to be.
Your thoughts are much appreciated.
You should check out Jerry's new post, I'd say it's directly relevant to the discussion we've been having.
Could you link to it? I don't know the man's info.
Sure, here it is:
https://steemit.com/steemit/@jerrybanfield/i-need-help-1500257345-464134
Thanks for sharing. Yeah. I think what's important is that people believe he's really having these problems, but upvoting is not probably the best way to help him resolve his problems. You'll see my advice in that comment thread.
This right here. Thats good. Followed :)
Free market capitalism does not bring out the best in people. :P