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Topic: Steem pyramid scheme revealed - page 18. (Read 107064 times)

legendary
Activity: 2968
Merit: 1198
November 23, 2016, 03:15:56 PM
Guys, I had and have literally nothing to do with the design or implementation of busy.org. I donated some money to them to finish development because they had what looked like a solid team and good progress but not really enough funding to keep going. I've also give them some advice but primarily on organization and funding. Most if not all of the concepts and vision for busy were in place and even partially implemented before I got involved with it at all.

So i don't know what this comment about stealing ideas is about (I didn't read all the past messages) but certainly nothing like that happened with busy. Though I will say if these 'ideas' involved posts on bitcointalk that is certainly going to be fair game in practice; anyone can find those with a web search.
sr. member
Activity: 336
Merit: 265
November 23, 2016, 02:15:11 PM
Smooth seems like a solid, good guy to me. He's my favorite among the whales. It would be disappointing if he were in fact stealing your ideas. I really hope that's not the case.

I agree. I have very high respect for @smooth and he has helped me. I don't think he needs to launch an exact copy of what Jambox was supposed to be (an idea I've had since 2015) as the first market they want to go after. But if that is the case, then we can compete, no problem.

I would just be very disappointed if the inferior DPoS wins and my superior blockchain design loses, and if my specific ideas about which markets to address for onboarding (which I shared with smooth in 2015 well before Steem) ended up being used. It could be that is just the natural choice for them and it may not be based on any ideas I shared (some aspects of which were shared publicly any way, but some private). In general, I think I focused @smooth on looking for a "steem" back in 2015. He became more attuned to the need to find a mass-market onboarding centered around social networking after our discussions in 2015 and it worked out well for him since he was on the lookout and mined Steem in the stealth mine phase.

I think it is all good and hopefully we all end up being on an open source ecosystem where we all gain and not just some whales.

Somehow I think it will all work out for the best. I am a fierce competitor (especially if I am not ill).

Of course I will also be disappointed if I don't get wealthy off the 3+ years of effort I have put into this nonstop, every day. With all my prior usernames, I have 1/1000th of all posts on Bitcointalk.org!

I want to get wealthy in an ecosystem that is making all of us wealthy and which all developers can make profitable ecosystem projects, not just donation model communism.

I don't want to own it all, nor be some overlord over the ecosystem. I want to create an ecosystem that outruns me and becomes greater than I can keep up with.


Afaik, you are one of the handful (or less) females who has ever posted on Bitcointalk.org. So that makes you special. And for to you post in Altcoin Discussion, I think that probably makes you the first. And being a filipina, that makes you for sure the first on Altcoin Discussion.

Yeah cut out the sugar and cooking oil entirely and you'll be so much more healthy. My gf was having a lot of problems already with her health at the young age of 26.7 (excruciatingly painful ulcers). But since she changed to this rule on my urging, she now has too much body power, lol. Fortunately (for me) she is studying now in college, so that keeps her busy and an outlet for her renewed vigor.

(it has been very difficult for her to resist the urge for foods fried in cooking oil, but we've been buying a lot of fatty pork which we can fry without oil and takes great. We marinate it in some Teriyaki sauce and black pepper)

Note I don't go overboard on the pork, although I love the taste. The best for me is a balance of boiled eggs, lightly pan grilled beef (no oil), and lightly boiled tuna belly (everything cooked as minimally as possible). And lots of raw lettuce, tomatoes, onions, and cooked pechay (dark greens). I eat some squash also sometimes. Also I am fasting 12 - 16 hours daily. So this means I eat all I want for 8 hours, then I don't eat for the other hours. So I don't eat while sleeping and then only eat a carrot during my morning and lunch time, delaying my meals until evening. This is named the Warrior Diet and is more attuned to the way men were eating in the wild before when we used to hunt all day and eat a feast at night. I am most alert and productive during the time I am fasting. After I eat a meal, I get brain fog and neurological pain and itchiness because of the liver+digestive dysfunction. But the Warrior Diet is also good for healthy people.

We even have a McDonald's now. Lol. Chow King and Mandarin moved in as well. A new shopping mall. You should come back sometime and check it out. Smiley

I hope I get healthy and restore my finances, because I love roaming.

For now, head in the sand in the programming cave...

We have a proverb in the West, "Don't carry all your eggs in one basket."


Edit: I think the filipino diet was healthy when the filipinos were very physically active in the farm all day. But now they've become sedentary in the modern age, I think that diet has to change. God bless also and thank you for the kind words and thoughts.
newbie
Activity: 40
Merit: 0
November 23, 2016, 09:16:00 AM
I only now took a look at Busy.org. Seems like they are planning a better version of Steemit with commerce.

Smooth seems like a solid, good guy to me. He's my favorite among the whales. It would be disappointing if he were in fact stealing your ideas. I really hope that's not the case.

Yes, traffic is much worse here since 2011. Probably not as bad as Davao, but bad enough. There are still some days, though, going to town when there isn't much traffic.

We even have a McDonald's now. Lol. Chow King and Mandarin moved in as well. A new shopping mall. You should come back sometime and check it out. Smiley

But Davao has all of that and a lot more, of course.

Yes, that's right about cooking oils. Used for everything. It's good you were able to find out what helps you feel better and what doesn't.

Love Gardenia bread! My mother says it tastes like cardboard, but that's because, as I'm sure you know, Filipinos eat bread (among other things) that is very sweet.

I had to back off of the sweet foods some. My mother is diabetic and so was my grandmother, so I'm high risk.

I'll be praying for you daily, that God touches you in a special way and that you have a full recovery.
sr. member
Activity: 336
Merit: 265
November 23, 2016, 08:10:21 AM
You're thinking of Siargao, which does indeed have beautiful beaches and no traffic to worry about. It's off the mainland of Surigao Del Norte, where I'm located. Surigao City has some crazy traffic. I've had a couple of near collisions with multi-cab drivers and tricycles.

I've never been to Siargao and various islands off the mainland of Mindanao (other than Samal island and Talikud island near Davao). I have been to Surigao City and other towns in Surigao Del Norte and Sur (Barobo, etc) and Agusuan and pretty much all over Mindanao and the Philippines.

First time I was in Surigao in 2001, there was absolutely no traffic. Last time I was there in 2011, there was light traffic. Is it as bad as Davao City now? Davao City traffic has also gotten much worse in the past 5 years.

I've read some of your posts. So are you in the Philippines now or back home and planning to go to Singapore? It appears you have a terrible condition causing you a lot of pain and grief. I hope you can get some help. Quality of life really sucks when you're ill, but you seem strong and resolved to endure and press on. That's inspiring really. Smiley

Still in Davao. Headed to Singapore Jan. 12. Yeah I really fight for it. Actually I am doing quite well the past few days but I don't want to count it as a cure, because it seems to always relapse every time I start thinking I am improving. One thing that seemed to help me a lot has been eating tuna belly with pechay in soup. It has the highest Omega 3 of any fish, double that of Salmon. The rest of the tuna is fairly low in Omega 3. That combined with Gardenia whole wheat bread sandwiches with lots of raw lettuce, tomato, white onion and beef or boiled eggs. I thought white rice was better for me, but perhaps the white rice has been one of the causes of my health problems! I am doing much better with this certain brand of bread than I was with the oatmeal and rice (and I think it is the lettuce and tomato and onion combined with it). I think I can't eat like a filipino, it makes me ill.

And no mayo. And absolutely no cooking oils! The cooking oils may have been what caused me to get so ill. Filipinos use cooking oil for every thing. They practically drink it in all their dishes. So I use a stainless steel pot now with low heat for cooking. I cover with a glass top and simmer and turn off the heat and let it cook in the residual heat and somewhat medium rare.

Headed to a Research hospital in Singapore. Remember in the news a few months ago they had to send a little girl with some rare form of Leukemia to be diagnosed and treated in Singapore, because the medical knowledge and facilities were insufficient in the Philippines.

I noted how your assessment of Steem mining was correct, because the mining became dominated by only a few, apparently, and now the hard fork is supposed to address that issue with Equihash, if I have that right. What are your thoughts about that?

But I'm just at a beginner learning stage...

Do you think introducing a commerce element to the Steemit site would help, or do you believe Steem is pretty much a lost cause? When I brought this up (but only in comment), replies were that "there is already Peerhub", but I was talking about having a commerce store inside Steemit, or at least tag/categories that would allow members to post "for sale" items or services.

I think the basic concepts of Steem are correct:

1. Content on blockchain, competing UIs and apps use same blockchain.
2. Not PoW, some form of DPoS or something better.
3. Onboarding users by minting coins to reward them.
4. Building all kinds of apps and social networking content activities for users.

However, I think Steem has many of the details of that incorrect. And I also think DPoS is inherently centralizing control:

https://bitcointalksearch.org/topic/m.16964225

I can't say much more than that right now, without giving up my ideas which I want to reserve for my own project which I am trying to accelerate.

Others are also racing to produce something either for the Steem blockchain or for a new blockchain. I am not sure for example what @smooth and @complexring are doing with busy.org

So I can't tell you everything I think , because I suspect those others are already copying me and perhaps (but I have no hard proof yet) "stealing" some of my ideas that I had told them in confidence in private. Or maybe those are just their own original ideas. Any way, I don't care about any of that. It is a competition and I accept it. Let's compete! Damn it!

So from now on, my ideas stay close to my chest until ready for release. Sorry. I want open sourced asap.

In summary, I can't know what all the developments that might be coming for Steem(it) and what the outcome will be. And it appears some whales might even break off and create their own blockchains? busy.org? So I can't say if Steem will end up recovering and break a great result or not.

But I am leaning very much to Steem does not have the network effects to prevent others from splintering off from it and creating many competing forks. I think this may be what @smooth and busy.org are planning to do.

During chaos, it requires a strong dominating project to kill off all the weaker ones in order to get everyone to unify around network effects for one blockchain and ecosystem.

I think there is a war of the Steem clones ahead... almost sure of that ...


In that case, I'll have a few secret advantages. One being a better blockchain design than DPoS. But that is in theory, not in implementation. DPoS is already implemented and live.

So it is complicated to analyze what might transpire. Going to be interesting...
sr. member
Activity: 523
Merit: 250
November 23, 2016, 07:47:28 AM
The money is going out from steemit.

and this money is from investors of steemit.

It's massive disaster..

Not sustainable in short term..


From wan
newbie
Activity: 40
Merit: 0
November 23, 2016, 07:37:35 AM
You're thinking of Siargao, which does indeed have beautiful beaches and no traffic to worry about. It's off the mainland of Surigao Del Norte, where I'm located. Surigao City has some crazy traffic. I've had a couple of near collisions with multi-cab drivers and tricycles.

I've read some of your posts. So are you in the Philippines now or back home and planning to go to Singapore? It appears you have a terrible condition causing you a lot of pain and grief. I hope you can get some help. Quality of life really sucks when you're ill, but you seem strong and resolved to endure and press on. That's inspiring really. Smiley

I noted how your assessment of Steem mining was correct, because the mining became dominated by only a few, apparently, and now the hard fork is supposed to address that issue with Equihash, if I have that right. What are your thoughts about that?

But I'm just at a beginner learning stage...

Do you think introducing a commerce element to the Steemit site would help, or do you believe Steem is pretty much a lost cause? When I brought this up (but only in comment), replies were that "there is already Peerhub", but I was talking about having a commerce store inside Steemit, or at least tag/categories that would allow members to post "for sale" items or services.


sr. member
Activity: 336
Merit: 265
November 23, 2016, 06:35:12 AM
My sensitive Christian eyes just got tired of seeing the expletives and hate-filled replies on posts I was viewing.

We do too. It seems to be par for the course here and anyone who subjects themselves to a lot of stressful and acrimonious discussion gets sucked into it to some extent. Some are better than others in holding their cool head, e.g. @smooth.

Also it is in large part a male thing. (Western at least) Males tend to be more combative, especially online where they don't actually have to fight. Easy to be a prick from the armchair over the virtual Internet. Let them (us) try that in the Philippines, Lol. Might lose their head to a machete attack.

Guys seem to get offended when they think another guy is acting domineering or like a "wise ass".



I swear I don't talk this way in person ("wise ass", etc). It doesn't seem to be required in my actual personal relations in the Philippines (except when I am driving in traffic, lol ... maybe you can't relate given you live in Surigao where there is no traffic, just because beautiful nature and beaches).

I have an excuse which is overworking 16+ hours per day and being very ill with a liver+digestive chronic health debacle. So my mental state is quite often one of never ending struggle and exasperation.
newbie
Activity: 40
Merit: 0
November 23, 2016, 06:06:09 AM
A filipina has responded and speaks her opinion about (most of?) us:

Quote from: @joanaltres
Bitcointalk is full of foul-mouthed goobers and disgruntled attackers. A few days spent reading posts there was enough for me.

I assume you would not throw out your baby with the bath water? If you don't understand those technical points, then maybe that will indicate to you that perhaps you don't understand the importance of Bitcointalk. I've been banned from Bitcointalk once or twice already, so it is not as if I am in love with the concept of a centralized, top-down controlled forum.

I see you live in Surigao. I've been there many times.

I read you have invested more than $700 in Steem recently. I hope that is a not a large amount of your savings. I hope you understand the risk of speculating on altcoins. Given you resteemed this blog, I presume you are speculating based on advice similar to that. Well I also commented recently that an early collapse is normal for a technology adoption investment curve, but that doesn't mean that every such collapse is indicative of a technology adoption curve. Many others simply die.
[/quote]

No, I don't have that opinion about all of you. My sensitive Christian eyes just got tired of seeing the expletives and hate-filled replies on posts I was viewing. I know a lot of you are very knowledgeable here. I read one of the post links you provided on Steemit and see that some of you guys even predicted the rise of Bitcoin to $700+ shortly before it occurred. That's amazing. Smiley
hero member
Activity: 728
Merit: 500
November 23, 2016, 03:46:56 AM
sr. member
Activity: 336
Merit: 265
November 23, 2016, 01:23:23 AM
Condensed our recent discussion into one short comment post for @dan and @ned to read:

The change to 13 week power down will make Steem even more concentrated amongst whales, making it entirely non-viable going forward.

The drop in the inflation rate by charging it to everyone, is great, but the consumerate drop to 13 weeks is simply a power grab.


A filipina has responded and speaks her opinion about (most of?) us:

Quote from: @joanaltres
Bitcointalk is full of foul-mouthed goobers and disgruntled attackers. A few days spent reading posts there was enough for me.

I assume you would not throw out your baby with the bath water? If you don't understand those technical points, then maybe that will indicate to you that perhaps you don't understand the importance of Bitcointalk. I've been banned from Bitcointalk once or twice already, so it is not as if I am in love with the concept of a centralized, top-down controlled forum.

I see you live in Surigao. I've been there many times.

I read you have invested more than $700 in Steem recently. I hope that is a not a large amount of your savings. I hope you understand the risk of speculating on altcoins. Given you resteemed this blog, I presume you are speculating based on advice similar to that. Well I also commented recently that an early collapse is normal for a technology adoption investment curve, but that doesn't mean that every such collapse is indicative of a technology adoption curve. Many others simply die.
sr. member
Activity: 336
Merit: 265
November 22, 2016, 03:41:31 PM
Condensed our recent discussion into one short comment post for @dan and @ned to read:

The change to 13 week power down will make Steem even more concentrated amongst whales, making it entirely non-viable going forward.

The drop in the inflation rate by charging it to everyone, is great, but the consumerate drop to 13 weeks is simply a power grab.
full member
Activity: 388
Merit: 100
November 22, 2016, 03:10:19 PM
I do not think it would be great where I know there is a pool for great whales, and I think they never appreciate the work of the real author except from their special teams  Shocked
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
November 22, 2016, 02:58:54 PM
The3 new changes will be live on December 6th. See

https://steemit.com/steem/@steemitblog/steem-0-16-0-status-update
sr. member
Activity: 616
Merit: 252
November 22, 2016, 06:01:18 AM
steem is really a piramid. But as for me i took a good money from it. of course for profit a common user must only take money, no power up. Lets look on chart today - everything is awful. Devs have done a hardfork but it did not help a lot. a have gone from steemit two mounth ago. good luck steemers.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
November 22, 2016, 05:09:56 AM


Does anyone realize how absurd this discussion about "whales"/"dolphins"/"dumps"/"curation" is in real world terms...
Steemit has zero revenue, zero professional content and nothing resembling freedom of speech... end of story.



You could equally say that bitcoin has no "revenue", it was all generated from scratch on the blockchain. Has it any value? Sure - you can exchange it, ergo it has value. I've cashed out some nice money from it.

It is developing it's own jargon and slang, but that is normal as a community grows.

Lots of the content on steem is more interesting than you find in other places, especially the art and photography. Because of this, it has more women in it's community than other cryptocurrencies. If you remember, the internet only took off when women got involved.

If you think you can do better, nothing stopping you from creating your own version. Lots of people have been talking about it, but none have launched, apart from golos, which is licenced by steemit.
sr. member
Activity: 336
Merit: 265
November 22, 2016, 01:40:19 AM
Maybe he is not as "genius" as you or a few others in here.  Cheesy

I predict none of these guys will create a mass market product:

https://scalingbitcoin.org/presentations
legendary
Activity: 910
Merit: 1000
November 21, 2016, 09:52:59 PM
Does anyone realize how absurd this discussion about "whales"/"dolphins"/"dumps"/"curation" is in real world terms...
You could say something similar in the early days of bitcoin about "mining", "hash rate", "pools", etc No?

Steemit has zero revenue, zero professional content and nothing resembling freedom of speech...
I didn't know that something like steemit or any other social network could have revenue and "professional content" from day one!
Do you care to give us a few examples about freedom of speech "censorship" on steemit? I'm curious about what kind of content got "censored"
Even if steemit "censors" something now or in the future, the content always remains on the STEEM blockchain, No?

Larimer is a genius at developing economic systems that are 1000% more complicated but 10% as efficient than something from 1980...
He is a master of "artificial stupidity" where you cross the road via the North Pole... and sell tokens for a ride no one understands.
Maybe he is not as "genius" as you or a few others in here.  Cheesy

Please keep this thread going forever... I never get tired of laughing.

Yes, I fully agree with that.
legendary
Activity: 1588
Merit: 1000
November 21, 2016, 09:15:55 PM
It will be interesting to see who dumps their coins when the new rules come into effect. It should reduce the curating power of some of the whales, and boost the curating power of dolphins who don't sell.

Dolphins have less speculation money to buy up the Steem dumped at rock bottom prices. Whale concentration will increase. Any whales who sell out are selling to whales who don't, thus further increasing concentration. Whales who sell raise cash to buy at cheaper prices while also helping each other to drive prices lower.

Clusterfucks don't spontaneously heal. They rot and decay. Get your popcorn and prepare to have an economics lesson.

All the fucktards who originally hated Steem and now decide to jump on the bullshitwagon are going to experience a pruning on their future capacity for wide-eyed ignorance.

Does anyone realize how absurd this discussion about "whales"/"dolphins"/"dumps"/"curation" is in real world terms...
Steemit has zero revenue, zero professional content and nothing resembling freedom of speech... end of story.

Larimer is a genius at developing economic systems that are 1000% more complicated but 10% as efficient than something from 1980...
He is a master of "artificial stupidity" where you cross the road via the North Pole... and sell tokens for a ride no one understands.

Please keep this thread going forever... I never get tired of laughing at pinheads changing tires on "bullshitwagons".
legendary
Activity: 910
Merit: 1000
November 21, 2016, 08:19:26 PM
Wait until Steem forks strat showing up. Only with equal distribution. Steem will disappear.

Are there any forks yet?

via Imgflip Meme Generator

But you can take a look at Golos

https://steemit.com/@golos
newbie
Activity: 22
Merit: 0
November 21, 2016, 06:48:26 PM
Wait until Steem forks strat showing up. Only with equal distribution. Steem will disappear.

Are there any forks yet?
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