Topic: Steemit.com: Blogging is the new Mining - page 150. (Read 348659 times)
When steem was enabled to mine, I tried to mine this coin on my cpu. But failed to compile the wallet. However, this is a nice way to generate some coins by the way of blogging. When will the payout be issued or withdrawn?
Can I ask if someone has VESTS are there any good reasons not to withdraw them at this point in time? I don't fully understand the system and haven't had time to read the whitepaper.
If you are actively using the system, you want
If you are holding longer-term as speculation on the value of the platform, you want to hold SP not regular Steem because the former earns interest (literally anti-dilution payments) and the latter does not.
The disadvantage of SP is that it can't be transferred between accounts or traded on exchanges, and it takes two years to convert SP to Steem (1/104 per week).
Thanks, that's a very clear explanation.
Can I ask if someone has VESTS are there any good reasons not to withdraw them at this point in time? I don't fully understand the system and haven't had time to read the whitepaper.
If you are actively using the system, you want
If you are holding longer-term as speculation on the value of the platform, you want to hold SP not regular Steem because the former earns interest (literally anti-dilution payments) and the latter does not.
The disadvantage of SP is that it can't be transferred between accounts or traded on exchanges, and it takes two years to convert SP to Steem (1/104 per week).
Can I ask if someone has VESTS are there any good reasons not to withdraw them at this point in time? I don't fully understand the system and haven't had time to read the whitepaper.
Will we expect Steemit.com to have google ads later? I assume you'd monetize these contents to support the community. I just register by the way.
one great new inovation this coin brought to the crypto community is "Front Mining"
make the ANN so poor that you can mine everything to your own
proof
https://steemit.com/@steemit/transfers
and this is just the main account.
I think the project at self looks nice, but all this is so a no go!
make the ANN so poor that you can mine everything to your own
proof
https://steemit.com/@steemit/transfers
and this is just the main account.
I think the project at self looks nice, but all this is so a no go!
still no email sign up... will it happen in the near future?
Thanks for your interest. There is open account sign up through mining and some members are offering registration services for BCT contributors. @smooth is one of the members offering this service. Email will become a sign up option on Steemit, but we can only say that will come 'soon'. If you register for the waiting list on steemit.com, we will let you know when it's possible.
okay thank you. I like the idea but I and would like to give it a try but really don´t like the Facebook aut. at all.
still no email sign up... will it happen in the near future?
I don't know what Steemit Inc. plans to do for signup options. They are giving away money (minimum 10 Steem to open an account) so they have to be careful to protect against abuse.
I'll offer another signup option here for bitcointalk forum members:
If I know you and have interacted with you: free
Hero/Legendary: free
Sr.: 1 USD
Full: 2 USD
Any: 5 USD
Payment in advance and can be made in any top 10 crypto.
You will receive a new account with up to 10 powered up Steem. Powered up Steem gives you access to the network (bandwidth), voting power, and earns interest. It can't be powered down (converted to liquid Steem that can be traded on an exchange) until you reach 10x the minimum account balance (currently 10 Steem). Powering down, when possible, is 1/104 of the balance per week.
PM me to get your account.
pm
still no email sign up... will it happen in the near future?
Thanks for your interest. There is open account sign up through mining and some members are offering registration services for BCT contributors. @smooth is one of the members offering this service. Email will become a sign up option on Steemit, but we can only say that will come 'soon'. If you register for the waiting list on steemit.com, we will let you know when it's possible.
still no email sign up... will it happen in the near future?
I don't know what Steemit Inc. plans to do for signup options. They are giving away money (minimum 10 Steem to open an account) so they have to be careful to protect against abuse.
I'll offer another signup option here for bitcointalk forum members:
If I know you and have interacted with you: free
Hero/Legendary: free
Sr.: 1 USD
Full: 2 USD
Any: 5 USD
Payment in advance and can be made in any top 10 crypto.
You will receive a new account with up to 10 powered up Steem. Powered up Steem gives you access to the network (bandwidth), voting power, and earns interest. It can't be powered down (converted to liquid Steem that can be traded on an exchange) until you reach 10x the minimum account balance (currently 10 Steem). Powering down, when possible, is 1/104 of the balance per week.
PM me to get your account.
Steemit link
still no email sign up... will it happen in the near future?
This is a very interesting coin. I see massive potential. I have been around crypto for a long time and I have never seen a project pulled off like this.
The website www.steemit.com looks solid. Very clean UI and works smoothly. This reminds me of early facebook days...something in my gut is pulling me and telling me this is going to be huge.
This is going to be a great tool for us crypto heads to use! Especially moving into the future platforms similar to Reddit are only going to get more popular.
I for one am full time involved in crypto trading and find myself posting on Reddit and Bitcointalk.org daily first thing in the morning when I start my day of trading...and carrying on convos throughout the day on various platforms. Now I can post/read interesting stuff and get paid for it. So this is only natural IMO. People will migrate to Steem.
People are gonna be looking to make that STEEMING HOT post to make them bank.
Brilliant idea.
Bravo.
The website www.steemit.com looks solid. Very clean UI and works smoothly. This reminds me of early facebook days...something in my gut is pulling me and telling me this is going to be huge.
This is going to be a great tool for us crypto heads to use! Especially moving into the future platforms similar to Reddit are only going to get more popular.
I for one am full time involved in crypto trading and find myself posting on Reddit and Bitcointalk.org daily first thing in the morning when I start my day of trading...and carrying on convos throughout the day on various platforms. Now I can post/read interesting stuff and get paid for it. So this is only natural IMO. People will migrate to Steem.
People are gonna be looking to make that STEEMING HOT post to make them bank.
Brilliant idea.
Bravo.
so the same guy behind BTS abandoned it, and now trying to make money on a new coin? seem suspecious to me
so far it is my understanding!
Holy shit. This looks awesome. I am now monitoring this thread and will begin researching this Steem thing.
Also, I now am somewhat upset at the $$$$$ of content I and others have helped generate for Reddit, though we see none of the profits and have zero say in the administration of the site. Thanks for pointing that out.
Also, I now am somewhat upset at the $$$$$ of content I and others have helped generate for Reddit, though we see none of the profits and have zero say in the administration of the site. Thanks for pointing that out.
so the same guy behind BTS abandoned it, and now trying to make money on a new coin? seem suspecious to me
@jeffthebaker, I added an edit above explaining a bit more about SD, you might want to take a look.
Also, as disclosure, I'm not part of Stemit Inc. or a developer of Steem. I'm just a community member who was an early miner and is now running a witness node. I'm glad I was able to help answer your questions though.
Also, as disclosure, I'm not part of Stemit Inc. or a developer of Steem. I'm just a community member who was an early miner and is now running a witness node. I'm glad I was able to help answer your questions though.
I'm trying to create an account on steemit and seem to be unable to do so. Initially, I tried signing up through reddit, and it returned error: verified facebook account required. I then went back and signed up through my facebook account, and got the same error message. I assume this is something on your guys' end, but please let me know if there is a workaround so I can make an account, because I love the concept behind this project.
Yes, this was a bug on our end. It's fixed already, please try to create an account again, this is the link https://steemit.com/create_accountDon't hesitate to send me PM if something doesn't work.
Cool. Just got an account set up and made. How exactly do I navigate the site? Having trouble finding some more niche or regular bloggers to follow or whatnot. The frontpage is nice but would like some genuine blogging/conversation.
Good question. Maybe a page showing various leaderboards such as most upvoted posters, categories, etc. or something would be interesting. For now you just have to find them by finding an interesting post and then clicking on the poster's name.
I think that would be a really cool addition.
Last question: How do withdrawals work? Is that what the 'power down' option is for? I tried messing around with it and it returned an error. I don't plan on withdrawing but it's hard to trust the legitimacy of the operation without a viable way to withdraw my steem.
"Power down" converts your Steem Power to liquid Steem. It takes place over 104 weekly payments. However, if you got free Steem Power, you can't withdraw that until you reach 10x.
Withdraws work like any other web wallet, but you can only withdraw liquid Steam or Steem Sollars (the latter doesn't exist yet but will be paid out starting July 4), not Steem Power. You could send it to your own wallet, an exchange, etc.
You can theoretically use use your password/private keys from the web site to do all this stuff via the CLI wallet and bypass the web site (you can even make blog posts from the CLI wallet, though it is somewhat painful; voting isn't too bad). I guess at some point there may be a GUI wallet, other web wallets, etc.
When you say '104 weekly payments' does that mean your Steem Power will take two years to fully withdraw? I have a hard time believing there is any practical reason to lock up earnings for such an insane amount of time...
There are actually many reasons for it, which you can read in the white paper. The system has a lot of complex interlocking pieces.
But in reality earnings will not be locked up, because Steem Dollars are fully liquid, so that is the immediate earnings. The portion of rewards that goes toward increasing your Steem Power could also be viewed as karma or activity points or premium account status or whatever you want to call it, with the added option to liquidate that slowly if you plan to exit the system or just don't value your status that much.
Okay, that makes more sense.
Will Steem Dollar earnings be withdrawn as Steem? And if so, does that mean there is no difference between Steem Power and Steem Dollars once they are liquidated and removed from the site?
Steem Dollars will be able to be converted to Steem (there is a built in market on the blockchain, there are plans for the web site to support that as well), but they will also be able to be withdrawn directly as Steem Dollars, sending them to another crypto exchange, a merchant to pay for goods/services, to your own wallet, etc.
I'm not sure I understood your last question, but I think the answer is there is no difference.
Thanks for the speedy customer support! I think it's understandable why I am wary about legitimacy, but overall I love the concept behind Steemit and regardless of profits I think this is a good idea for a social media site in general. I've written up a couple of posts on the site and plan to continue on in the future. A blogging alternative to Tumblr is badly needed, and one in the crypto niche is a huge + in my book.
I'm trying to create an account on steemit and seem to be unable to do so. Initially, I tried signing up through reddit, and it returned error: verified facebook account required. I then went back and signed up through my facebook account, and got the same error message. I assume this is something on your guys' end, but please let me know if there is a workaround so I can make an account, because I love the concept behind this project.
Yes, this was a bug on our end. It's fixed already, please try to create an account again, this is the link https://steemit.com/create_accountDon't hesitate to send me PM if something doesn't work.
Cool. Just got an account set up and made. How exactly do I navigate the site? Having trouble finding some more niche or regular bloggers to follow or whatnot. The frontpage is nice but would like some genuine blogging/conversation.
Good question. Maybe a page showing various leaderboards such as most upvoted posters, categories, etc. or something would be interesting. For now you just have to find them by finding an interesting post and then clicking on the poster's name.
I think that would be a really cool addition.
Last question: How do withdrawals work? Is that what the 'power down' option is for? I tried messing around with it and it returned an error. I don't plan on withdrawing but it's hard to trust the legitimacy of the operation without a viable way to withdraw my steem.
"Power down" converts your Steem Power to liquid Steem. It takes place over 104 weekly payments. However, if you got free Steem Power, you can't withdraw that until you reach 10x.
Withdraws work like any other web wallet, but you can only withdraw liquid Steam or Steem Sollars (the latter doesn't exist yet but will be paid out starting July 4), not Steem Power. You could send it to your own wallet, an exchange, etc.
You can theoretically use use your password/private keys from the web site to do all this stuff via the CLI wallet and bypass the web site (you can even make blog posts from the CLI wallet, though it is somewhat painful; voting isn't too bad). I guess at some point there may be a GUI wallet, other web wallets, etc.
When you say '104 weekly payments' does that mean your Steem Power will take two years to fully withdraw? I have a hard time believing there is any practical reason to lock up earnings for such an insane amount of time...
There are actually many reasons for it, which you can read in the white paper. The system has a lot of complex interlocking pieces.
But in reality earnings will not be locked up, because Steem Dollars are fully liquid, so that is the immediate earnings. The portion of rewards that goes toward increasing your Steem Power could also be viewed as karma or activity points or premium account status or whatever you want to call it, with the added option to liquidate that slowly if you plan to exit the system or just don't value your status that much.
Okay, that makes more sense.
Will Steem Dollar earnings be withdrawn as Steem? And if so, does that mean there is no difference between Steem Power and Steem Dollars once they are liquidated and removed from the site?
Steem Dollars will be able to be converted to Steem (there is a built in market on the blockchain, there are plans for the web site to support that as well), but they will also be able to be withdrawn directly as Steem Dollars, sending them to another crypto exchange, a merchant to pay for goods/services, to your own wallet, etc.
If you are familiar with BitUSD, Nubits, Tether, etc. then you can consider Steem Dollars to be in the same family (though each has somewhat different underlying properties). That is, a cryptocurrency that is designed to maintain a value close to $1 per token.
I'm not sure I understood your last question, but I think the answer is there is no difference.
I'm trying to create an account on steemit and seem to be unable to do so. Initially, I tried signing up through reddit, and it returned error: verified facebook account required. I then went back and signed up through my facebook account, and got the same error message. I assume this is something on your guys' end, but please let me know if there is a workaround so I can make an account, because I love the concept behind this project.
Yes, this was a bug on our end. It's fixed already, please try to create an account again, this is the link https://steemit.com/create_accountDon't hesitate to send me PM if something doesn't work.
Cool. Just got an account set up and made. How exactly do I navigate the site? Having trouble finding some more niche or regular bloggers to follow or whatnot. The frontpage is nice but would like some genuine blogging/conversation.
Good question. Maybe a page showing various leaderboards such as most upvoted posters, categories, etc. or something would be interesting. For now you just have to find them by finding an interesting post and then clicking on the poster's name.
I think that would be a really cool addition.
Last question: How do withdrawals work? Is that what the 'power down' option is for? I tried messing around with it and it returned an error. I don't plan on withdrawing but it's hard to trust the legitimacy of the operation without a viable way to withdraw my steem.
"Power down" converts your Steem Power to liquid Steem. It takes place over 104 weekly payments. However, if you got free Steem Power, you can't withdraw that until you reach 10x.
Withdraws work like any other web wallet, but you can only withdraw liquid Steam or Steem Sollars (the latter doesn't exist yet but will be paid out starting July 4), not Steem Power. You could send it to your own wallet, an exchange, etc.
You can theoretically use use your password/private keys from the web site to do all this stuff via the CLI wallet and bypass the web site (you can even make blog posts from the CLI wallet, though it is somewhat painful; voting isn't too bad). I guess at some point there may be a GUI wallet, other web wallets, etc.
When you say '104 weekly payments' does that mean your Steem Power will take two years to fully withdraw? I have a hard time believing there is any practical reason to lock up earnings for such an insane amount of time...
There are actually many reasons for it, which you can read in the white paper. The system has a lot of complex interlocking pieces.
But in reality earnings will not be locked up, because Steem Dollars are fully liquid, so that is the immediate earnings. The portion of rewards that goes toward increasing your Steem Power could also be viewed as karma or activity points or premium account status or whatever you want to call it, with the added option to liquidate that slowly if you plan to exit the system or just don't value your status that much.
Okay, that makes more sense.
Will Steem Dollar earnings be withdrawn as Steem? And if so, does that mean there is no difference between Steem Power and Steem Dollars once they are liquidated and removed from the site?
I'm trying to create an account on steemit and seem to be unable to do so. Initially, I tried signing up through reddit, and it returned error: verified facebook account required. I then went back and signed up through my facebook account, and got the same error message. I assume this is something on your guys' end, but please let me know if there is a workaround so I can make an account, because I love the concept behind this project.
Yes, this was a bug on our end. It's fixed already, please try to create an account again, this is the link https://steemit.com/create_accountDon't hesitate to send me PM if something doesn't work.
Cool. Just got an account set up and made. How exactly do I navigate the site? Having trouble finding some more niche or regular bloggers to follow or whatnot. The frontpage is nice but would like some genuine blogging/conversation.
Good question. Maybe a page showing various leaderboards such as most upvoted posters, categories, etc. or something would be interesting. For now you just have to find them by finding an interesting post and then clicking on the poster's name.
I think that would be a really cool addition.
Last question: How do withdrawals work? Is that what the 'power down' option is for? I tried messing around with it and it returned an error. I don't plan on withdrawing but it's hard to trust the legitimacy of the operation without a viable way to withdraw my steem.
"Power down" converts your Steem Power to liquid Steem. It takes place over 104 weekly payments. However, if you got free Steem Power, you can't withdraw that until you reach 10x.
Withdraws work like any other web wallet, but you can only withdraw liquid Steam or Steem Sollars (the latter doesn't exist yet but will be paid out starting July 4), not Steem Power. You could send it to your own wallet, an exchange, etc.
You can theoretically use use your password/private keys from the web site to do all this stuff via the CLI wallet and bypass the web site (you can even make blog posts from the CLI wallet, though it is somewhat painful; voting isn't too bad). I guess at some point there may be a GUI wallet, other web wallets, etc.
When you say '104 weekly payments' does that mean your Steem Power will take two years to fully withdraw? I have a hard time believing there is any practical reason to lock up earnings for such an insane amount of time...
There are actually many reasons for it, which you can read in the white paper. The system has a lot of complex interlocking pieces.
But in reality earnings will not be locked up, because Steem Dollars are fully liquid, so that is the immediate earnings. The portion of rewards that goes toward increasing your Steem Power could also be viewed as karma or activity points or premium account status or whatever you want to call it, with the added option to liquidate that slowly if you plan to exit the system or just don't value your status that much.
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