Is it a currency ?
No ?
scam..
Topic: [POLL] !!!!STEEM is it a SCAM !!!!- or only honestly unfair??? you decide. - page 2. (Read 9414 times)
July 21, 2016, 09:35:05 PM
July 21, 2016, 08:38:00 PM
@decentralized, as far as I can tell Stan has nothing to do with Steem.
I just picked myself up off the floor after I fell off my chair from laughing so hard.
Seriously now... Do you honestly expect anyone to believe that?
What's the incentive to lie. Few people in this world even seem to care outside of you.
July 21, 2016, 07:26:08 PM
I think it's unfair! The dev should pay me personally.
FUCK YOU, PAY ME as the cool kids say nowadays
FUCK YOU, PAY ME as the cool kids say nowadays
July 21, 2016, 07:23:39 PM
@decentralized, as far as I can tell Stan has nothing to do with Steem.
I just picked myself up off the floor after I fell off my chair from laughing so hard.
Seriously now... Do you honestly expect anyone to believe that?
July 21, 2016, 07:19:43 PM
iam not interest steem coin but several day later iam trade and profit
why iam not interest because i can't regiseter in steem dot com iam very late register
why iam not interest because i can't regiseter in steem dot com iam very late register
July 21, 2016, 07:09:27 PM
@decentralized, as far as I can tell Stan has nothing to do with Steem.
July 21, 2016, 07:07:27 PM
July 21, 2016, 03:43:21 PM
Scam is one hell of an incorrect word. Unfair maybe...but then again I could apply the same logic of not having windows binaries to the argument for mining in general.
I mean how "unfair" is it that I can't mine bitcoin like those with ASICs (and the money to buy them) do? Doubt i'll hear much from the community on this, but I can assure you those who hold steem have a team of devs who are among the best blockchain devs in the world who are intent on building value.
I mean how "unfair" is it that I can't mine bitcoin like those with ASICs (and the money to buy them) do? Doubt i'll hear much from the community on this, but I can assure you those who hold steem have a team of devs who are among the best blockchain devs in the world who are intent on building value.
Get out of here with your solid logic and reasoning. This thread is meant to ignore the general unfairness of all other cryptocurrencies and single out Steemit for something that exists in all cryptocurrencies... unfairness! We all know how the sock puppets that have been attacking Steemit up and down the forums are going to vote. Bitcointalk polls are worthless.
July 21, 2016, 01:25:28 PM
OP's post has an uncanny parallel with Blowing the lid off the CryptoNote/Bytecoin scam (with the exception of Monero). The question remains if theres anything worth forking and if its allowed by the license, fortunately that was case with CryptoNote/Bytecoin.
July 21, 2016, 01:16:07 PM
i think it is only unfair. after i read this it was clear for me:
two years? who will remember that there was something called steemit in two years?
it is a ponzi too.
Quote
Powering down turns steem power into steem over the course of 2 years with one payout per week.
two years? who will remember that there was something called steemit in two years?
it is a ponzi too.
July 21, 2016, 12:04:33 PM
It is not only unfair in the way it was launched, but the way it was launched may also mean the funding model may not work (<--- click my link).
So they may have shot themselves in the foot.
The word scam is ambiguous. Is Ethereum a scam because they don't tell us they have a bot doing price manipulation on the exchanges? Isn't it obvious enough.
So they may have shot themselves in the foot.
The word scam is ambiguous. Is Ethereum a scam because they don't tell us they have a bot doing price manipulation on the exchanges? Isn't it obvious enough.
July 21, 2016, 11:48:34 AM
Scam is one hell of an incorrect word. Unfair maybe...but then again I could apply the same logic of not having windows binaries to the argument for mining in general.
I mean how "unfair" is it that I can't mine bitcoin like those with ASICs (and the money to buy them) do? Doubt i'll hear much from the community on this, but I can assure you those who hold steem have a team of devs who are among the best blockchain devs in the world who are intent on building value.
I mean how "unfair" is it that I can't mine bitcoin like those with ASICs (and the money to buy them) do? Doubt i'll hear much from the community on this, but I can assure you those who hold steem have a team of devs who are among the best blockchain devs in the world who are intent on building value.
it's an old thread but still, i agree with you. the only thing i would change is: It's DEFINITELY unfair, not maybe.
Whales hold the power.. i've seen great posts about how unsustainable steemit is, or how scamishy it looks like, none of them were well paid, NONE, and most of it were good post like this one. But a makeup tutorial worth 30k...
July 21, 2016, 09:56:16 AM
Scam is one hell of an incorrect word. Unfair maybe...but then again I could apply the same logic of not having windows binaries to the argument for mining in general.
I mean how "unfair" is it that I can't mine bitcoin like those with ASICs (and the money to buy them) do? Doubt i'll hear much from the community on this, but I can assure you those who hold steem have a team of devs who are among the best blockchain devs in the world who are intent on building value.
I mean how "unfair" is it that I can't mine bitcoin like those with ASICs (and the money to buy them) do? Doubt i'll hear much from the community on this, but I can assure you those who hold steem have a team of devs who are among the best blockchain devs in the world who are intent on building value.
building value for who though?
has anyone done any kind of audit on the dev wallets. Does it all look legit ? are the steem tokens going to real posters for creating new content? I wonder. If so then no problem. What are the odds of it being like that though??
Either way there are a few others that made a FORTUNE being in on the instamine that are not related to the dev team. I wonder how much eclipse dev stashed away whilst claiming it was a scam from the start.
I wonder if deep analysis of the steem instamine would throw up some interesting insights.
May 12, 2016, 12:39:38 PM
Scam is one hell of an incorrect word. Unfair maybe...but then again I could apply the same logic of not having windows binaries to the argument for mining in general.
I mean how "unfair" is it that I can't mine bitcoin like those with ASICs (and the money to buy them) do? Doubt i'll hear much from the community on this, but I can assure you those who hold steem have a team of devs who are among the best blockchain devs in the world who are intent on building value.
I mean how "unfair" is it that I can't mine bitcoin like those with ASICs (and the money to buy them) do? Doubt i'll hear much from the community on this, but I can assure you those who hold steem have a team of devs who are among the best blockchain devs in the world who are intent on building value.
April 18, 2016, 09:15:49 AM
I posted this reply in another thread of yours but probably more appropriate in this one, I'm also not a fan of STEEM atm.
I'm not a fan of STEEM myself.
The pros are that their lead dev, 'reverseflash' is probably Bytemaster, who's definitely one of the most talented devs in crypto imo and was given an honourable mention as one of the most influential people in Bitcoin in 2014 http://www.coindesk.com/10-influential-people-bitcoin-year/ The actual DAC itself looks interesting.
The negatives are that while they don't mention it in their Bitcointalk announement https://bitcointalksearch.org/topic/annsteempow-no-ipo-no-premine-no-instamine-relaunch-1410943
They mined 80% of the initial STEEM themselves. https://bitsharestalk.org/index.php/topic,22125.0.html
They are also hoping all their total supply will count towards their valuation, even though 99.5% is locked-up/vesting (not 'available supply' imo )and a large portion of that will be from STEEM they mined themselves. https://bitsharestalk.org/index.php/topic,22125.msg288854.html#msg288854
(My personal view is that if a lot of coins mined >80% of the initial coins to themselves and had >99.5%+ non liquid & that all counted towards 'available supply' then you would have hundreds/thousands of coins seemingly worth >$10 million with minuscule, possibly manipulated volume which would seriously undermine crypto valuations.)
They also haven't provided a windows wallet yet so most regular buyers are being heavily diluted with the dilution going back to them being the biggest holders currently.
https://bitsharestalk.org/index.php/topic,22125.135.html
(As far as I can tell the BitShares community is not a fan of the project in general either and they relegate all STEEM related posts to the 'random discussion' section of their forum.)
The pros are that their lead dev, 'reverseflash' is probably Bytemaster, who's definitely one of the most talented devs in crypto imo and was given an honourable mention as one of the most influential people in Bitcoin in 2014 http://www.coindesk.com/10-influential-people-bitcoin-year/ The actual DAC itself looks interesting.
The negatives are that while they don't mention it in their Bitcointalk announement https://bitcointalksearch.org/topic/annsteempow-no-ipo-no-premine-no-instamine-relaunch-1410943
They mined 80% of the initial STEEM themselves. https://bitsharestalk.org/index.php/topic,22125.0.html
We have secured ~80% of the initial STEEM via mining.
They are also hoping all their total supply will count towards their valuation, even though 99.5% is locked-up/vesting (not 'available supply' imo )and a large portion of that will be from STEEM they mined themselves. https://bitsharestalk.org/index.php/topic,22125.msg288854.html#msg288854
Only 0.47% of STEEM is liquid in individual accounts, this is going to make the pump on CMC legend... wait-for-it... dary!
I'd....(My personal view is that if a lot of coins mined >80% of the initial coins to themselves and had >99.5%+ non liquid & that all counted towards 'available supply' then you would have hundreds/thousands of coins seemingly worth >$10 million with minuscule, possibly manipulated volume which would seriously undermine crypto valuations.)
They also haven't provided a windows wallet yet so most regular buyers are being heavily diluted with the dilution going back to them being the biggest holders currently.
If one were to buy steem.....is it currently possible to vest the steem if you are NOT technically proficient? Is there a windows wallet yet?
If you cannot vest, then is it true that you would be at a significant disadvantage so there would be very little point in holding for the long term?
Yea there's no windows wallet yet so you'd be unable to vest your Steem. That leaves you vulnerable to inflation in the long term so just holding is probably not a great idea.If you cannot vest, then is it true that you would be at a significant disadvantage so there would be very little point in holding for the long term?
https://bitsharestalk.org/index.php/topic,22125.135.html
(As far as I can tell the BitShares community is not a fan of the project in general either and they relegate all STEEM related posts to the 'random discussion' section of their forum.)
April 18, 2016, 08:04:47 AM
STEEM -85% @ bittrex
-100% would be the only fair price.this type of xcoin captive instamine scam (because we have to do it this way) is a joke. Many thought it was an april fools.
April 17, 2016, 03:40:56 PM
STEEM -85% @ bittrex
April 17, 2016, 02:40:02 PM
Not a scam, just need to perform some due diligence.
https://soundcloud.com/beyond-bitcoin-hangouts/e149
https://soundcloud.com/beyond-bitcoin-hangouts/e149
That was long after launch.
April 17, 2016, 01:59:37 PM
Not a scam, just need to perform some due diligence.
https://soundcloud.com/beyond-bitcoin-hangouts/e149
https://soundcloud.com/beyond-bitcoin-hangouts/e149
April 17, 2016, 01:14:27 PM
whats going on with bitrex ,now scm listing?? money talks richie?
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