If they can attach a rocket to it, that would be great thank you.
Topic: Steemit.com: Blogging is the new Mining - page 80. (Read 348621 times)
Is there meant to be a fork coming for STEEM?
If they can attach a rocket to it, that would be great thank you.
If they can attach a rocket to it, that would be great thank you.
Hello.
What is last mandatory update of node that needed for exchanges?
What is last mandatory update of node that needed for exchanges?
The steem trade going -neg. A bad sign for user.
I see pump potential here. Founders Ned and Dan are choosing not to power down presently, so perhaps the time is ripening for some blockchain, social media hype-arooney.
Any reason why its going lower and lower everyday ?
about what you're talking about a low, can you describe in more detail?
There are big whales that made a fortune and can happily power down and sell all day at any price.
So until thy have sold all steem price will get smashed tp floor.
Its getting to the point where i want someone to unload to 1 satoshi, then we an only go up from there.
So until thy have sold all steem price will get smashed tp floor.
Its getting to the point where i want someone to unload to 1 satoshi, then we an only go up from there.
Any reason why its going lower and lower everyday ?
Is this the death of STEEMIT? keeps dropping everyday 
Funny. So those billboards were funded by community, while no-one from that community spent a single cent..? Revolutionary .
.What is "funny" is that's exactly how bitcoin mining works!
What is indeed Revolutionary is that STEEM is not electricity/power hungry and can allocate the "miners rewards" to blogers, they can use the rewards as they see fit.
Nope. This analogy is irrelevant. Bitcoin miners spend a lot of money to get those Bitcoins - either via renting, or buying that expensive equipment, finding a place to run it, so it can be both secure and noise-tolerant, with capability of dissipating all that heat... Setting up the farms, monitoring all those devices for heat and power consumption... That is a lot of work and money. Been there done that.
While with such kinds of Steem "funding" nobody spends anything - nethier miney, nor an effort. Even the amount of time spent is negligible. Spend 10 minutes to post such crowdfunding request, then each voter spends 5 seconds top vote. Cheap and effective (while it works)...
Even the occational advertizing crowfunding request may be considered "work" and it's beneficial imo if it helps to spread the adoption of the specific blockchain, what use or what "value" can pure POW have in a blockchain if this specific blockchain is dead in 2 years?
Sure, such crowdfunds are beneficial to spread the adoption of a blockchain, its nothing to argue with... The idea of that crowdfund was good too (very good, actually). But the fact money can be generated without spending comparable effort (being it work or funds) raises concerns. If Steem rewards authors to the same extend to what they get if they publish the same work on regular media, the platform would be viable. Even if Steem rewards authors 2x what they get elsewhere, it could be viable and flourishing. But while it rewards 10x of the real value, or rewards for something of zero value (like copying or re-broadcasting content), the price would fall.
I hope this will stabilize at some point, but developers need to create incentives for buying and holding Steem, be it a share in the company generating revenue from ads, or something else.
There is not much if anything that I disagree with. Only two points to add, first about rewards, at this point rewards indeed can go way up or way down but my belief is that this is temporarily because it's too early, with time and more users/adoption I hope that this will be resolved.
But the fact money can be generated without spending comparable effort (being it work or funds) raises concerns.
While a legitimate blogger spents time and effort in order to create a quality post and thus creates some "work", I believe that the same aplies also to someone that creates a legitimate advertising campaing post and later does some more "work" in order to see the objective of his campaign fullfiled, the "advertizing sign" won't just simply apear by itself afterall, some more work needs to be done for this. Of course there will be "scammers" that will not fullfil their promises and they will run away with the money, or others that will try to take advantage of any "exploit" and "steal" funds, I can't really say much here except that I hope that there will not be a lot of cases that funds are given to "risky campaigns" or lost to "bad actors". Also I don't really know if there is a huge difference bettween money getting stolen at the "minting" process or after the minting process while sitting at an excange, ofcourse if there are lots of money "stolen" at the minting process this can be really harmfull.
Lets not forget how the early miners (instaminers - short pow, relaunch to help the devs and their friends) DECIDE what earns money (what reaches frontpage) and what doesn't. Either those whales dump the STEEM price to 100 sats and make it more decentralized by giving away their shares or they just keep staking and keep their power, this isn't anymore decentralized than reddit with its 10 admins / subreddit. Considering this, some people literally need 0 amount of work and can get to the frontpage and others with quality work will never get there. Flawed by design.
The only way this could have worked is with a fair airdrop distribution resulting in no whales and giving birth to a community which decides what to vote up to the top, but that wouldn't have made enough money for the Larimers.
With Bitcoin no one gets to decide who gets block rewards, it's simply a matter of investment into the mining infrastructure, but the system is fair technically.
When will STEEM go to 40000 again? I miss old time
Please go up STEEM, I love u
Please go up STEEM, I love u
what the latest system of steemit this blog, I see now began to decline and prices in the market also declined? how to improve his future back
Funny. So those billboards were funded by community, while no-one from that community spent a single cent..? Revolutionary .
.What is "funny" is that's exactly how bitcoin mining works!
What is indeed Revolutionary is that STEEM is not electricity/power hungry and can allocate the "miners rewards" to blogers, they can use the rewards as they see fit.
Nope. This analogy is irrelevant. Bitcoin miners spend a lot of money to get those Bitcoins - either via renting, or buying that expensive equipment, finding a place to run it, so it can be both secure and noise-tolerant, with capability of dissipating all that heat... Setting up the farms, monitoring all those devices for heat and power consumption... That is a lot of work and money. Been there done that.
While with such kinds of Steem "funding" nobody spends anything - nethier miney, nor an effort. Even the amount of time spent is negligible. Spend 10 minutes to post such crowdfunding request, then each voter spends 5 seconds top vote. Cheap and effective (while it works)...
Even the occational advertizing crowfunding request may be considered "work" and it's beneficial imo if it helps to spread the adoption of the specific blockchain, what use or what "value" can pure POW have in a blockchain if this specific blockchain is dead in 2 years?
Sure, such crowdfunds are beneficial to spread the adoption of a blockchain, its nothing to argue with... The idea of that crowdfund was good too (very good, actually). But the fact money can be generated without spending comparable effort (being it work or funds) raises concerns. If Steem rewards authors to the same extend to what they get if they publish the same work on regular media, the platform would be viable. Even if Steem rewards authors 2x what they get elsewhere, it could be viable and flourishing. But while it rewards 10x of the real value, or rewards for something of zero value (like copying or re-broadcasting content), the price would fall.
I hope this will stabilize at some point, but developers need to create incentives for buying and holding Steem, be it a share in the company generating revenue from ads, or something else.
There is not much if anything that I disagree with. Only two points to add, first about rewards, at this point rewards indeed can go way up or way down but my belief is that this is temporarily because it's too early, with time and more users/adoption I hope that this will be resolved.
But the fact money can be generated without spending comparable effort (being it work or funds) raises concerns.
While a legitimate blogger spents time and effort in order to create a quality post and thus creates some "work", I believe that the same aplies also to someone that creates a legitimate advertising campaing post and later does some more "work" in order to see the objective of his campaign fullfiled, the "advertizing sign" won't just simply apear by itself afterall, some more work needs to be done for this. Of course there will be "scammers" that will not fullfil their promises and they will run away with the money, or others that will try to take advantage of any "exploit" and "steal" funds, I can't really say much here except that I hope that there will not be a lot of cases that funds are given to "risky campaigns" or lost to "bad actors". Also I don't really know if there is a huge difference bettween money getting stolen at the "minting" process or after the minting process while sitting at an excange, ofcourse if there are lots of money "stolen" at the minting process this can be really harmfull.
Funny. So those billboards were funded by community, while no-one from that community spent a single cent..? Revolutionary .
.What is "funny" is that's exactly how bitcoin mining works!
What is indeed Revolutionary is that STEEM is not electricity/power hungry and can allocate the "miners rewards" to blogers, they can use the rewards as they see fit.
Nope. This analogy is irrelevant. Bitcoin miners spend a lot of money to get those Bitcoins - either via renting, or buying that expensive equipment, finding a place to run it, so it can be both secure and noise-tolerant, with capability of dissipating all that heat... Setting up the farms, monitoring all those devices for heat and power consumption... That is a lot of work and money. Been there done that.
While with such kinds of Steem "funding" nobody spends anything - nethier miney, nor an effort. Even the amount of time spent is negligible. Spend 10 minutes to post such crowdfunding request, then each voter spends 5 seconds top vote. Cheap and effective (while it works)...
Even the occational advertizing crowfunding request may be considered "work" and it's beneficial imo if it helps to spread the adoption of the specific blockchain, what use or what "value" can pure POW have in a blockchain if this specific blockchain is dead in 2 years?
Sure, such crowdfunds are beneficial to spread the adoption of a blockchain, its nothing to argue with... The idea of that crowdfund was good too (very good, actually). But the fact money can be generated without spending comparable effort (being it work or funds) raises concerns. If Steem rewards authors to the same extend to what they get if they publish the same work on regular media, the platform would be viable. Even if Steem rewards authors 2x what they get elsewhere, it could be viable and flourishing. But while it rewards 10x of the real value, or rewards for something of zero value (like copying or re-broadcasting content), the price would fall.
I hope this will stabilize at some point, but for that to happen developers need to create incentives for buying and holding Steem, be it a share in the company generating revenue from ads, or something else.
Funny. So those billboards were funded by community, while no-one from that community spent a single cent..? Revolutionary .
.What is "funny" is that's exactly how bitcoin mining works!
What is indeed Revolutionary is that STEEM is not electricity/power hungry and can allocate the "miners rewards" to blogers, they can use the rewards as they see fit.
Nope. This analogy is irrelevant. Bitcoin miners spend a lot of money to get those Bitcoins - either via renting, or buying that expensive equipment, finding a place to run it, so it can be both secure and noise-tolerant, with capability of dissipating all that heat... Setting up the farms, monitoring all those devices for heat and power consumption... That is a lot of work and money. Been there done that.
While with such kinds of Steem "funding" nobody spends anything - nethier miney, nor an effort. Even the amount of time spent is negligible. Spend 10 minutes to post such crowdfunding request, then each voter spends 5 seconds top vote. Cheap and effective (while it works)...
Even the occational advertizing crowfunding request may be considered "work" and it's beneficial imo if it helps to spread the adoption of the specific blockchain, what use or what "value" can pure POW have in a blockchain if this specific blockchain is dead in 2 years?
Funny. So those billboards were funded by community, while no-one from that community spent a single cent..? Revolutionary .
.What is "funny" is that's exactly how bitcoin mining works!
What is indeed Revolutionary is that STEEM is not electricity/power hungry and can allocate the "miners rewards" to blogers, they can use the rewards as they see fit.
Nope. This analogy is irrelevant. Bitcoin miners spend a lot of money to get those Bitcoins - either via renting, or buying that expensive equipment, finding a place to run it, so it can be both secure and noise-tolerant, with capability of dissipating all that heat... Setting up the farms, monitoring all those devices for heat and power consumption... That is a lot of work and money. Been there done that.
While with such kinds of Steem "funding" nobody spends anything - nethier miney, nor an effort. Even the amount of time spent is negligible. Spend 10 minutes to post such crowdfunding request, then each voter spends 5 seconds top vote. Cheap and effective (while it works)...
I made a Steemit post, but I also wanted to poll the Bitcointalk Steem folks:
Do you think people are scared to upvote now days on Steemit? http://www.strawpoll.me/12479915/r
Do you think people are scared to upvote now days on Steemit? http://www.strawpoll.me/12479915/r
i do know they are not scared to downvote.
https://steemd.com/@vintagebazaar
on steemd.com we can see who upvoted us (all the awesome people) but its a shame we can not see who downvoted us, id really like to see the accounts that downvote. I've made 2 blog posts, both have down votes and certainly do not deserve it, due to the time and effort put into making them (hours) and its all original content.
Question is, how do the people benefit from down voting?
Because if they do not benefit anything from it.... then its what? Simply out of "badness" they down vote?
Maybe they removed the downvotes afterwards, steemd.com would show the downvotes(flags) as -100% or something like that, also clicking in the votes summury of your post shows the top upvoters or downvoters.
I made a Steemit post, but I also wanted to poll the Bitcointalk Steem folks:
Do you think people are scared to upvote now days on Steemit? http://www.strawpoll.me/12479915/r
Do you think people are scared to upvote now days on Steemit? http://www.strawpoll.me/12479915/r
i do know they are not scared to downvote.
https://steemd.com/@vintagebazaar
on steemd.com we can see who upvoted us (all the awesome people) but its a shame we can not see who downvoted us, id really like to see the accounts that downvote. I've made 2 blog posts, both have down votes and certainly do not deserve it, due to the time and effort put into making them (hours) and its all original content.
Question is, how do the people benefit from down voting?
Because if they do not benefit anything from it.... then its what? Simply out of "badness" they down vote?
Funny. So those billboards were funded by community, while no-one from that community spent a single cent..? Revolutionary .
.What is "funny" is that's exactly how bitcoin mining works!
What is indeed Revolutionary is that STEEM is not electricity/power hungry and can allocate the "miners rewards" to blogers, they can use the rewards as they see fit.
I made a Steemit post, but I also wanted to poll the Bitcointalk Steem folks:
Do you think people are scared to upvote now days on Steemit? http://www.strawpoll.me/12479915/r
Do you think people are scared to upvote now days on Steemit? http://www.strawpoll.me/12479915/r
I remember last summer in my hometown Zagreb,Croatia the billboards on the streets about steemit.com, I didnt expect that 
Are you guys planing another real world marketing round? people outside cryptosphere could except this platform as one of their social medias cause it seems clean and organized. Will you have a facebook paid campaign or they (the facebook) wont let you advertise cause you are possible competitor ?
Are you guys planing another real world marketing round? people outside cryptosphere could except this platform as one of their social medias cause it seems clean and organized. Will you have a facebook paid campaign or they (the facebook) wont let you advertise cause you are possible competitor ? Those were done by a community member (@thecryptodrive) using the site as a source of crowdfunding. Unfortunately, as the price of STEEM has fallen the ability to do this for projects on that scale isn't there any more.
I don't know what plans the HQ may have for marketing, but I wouldn't expect to see those kinds of big-ticket efforts from the community at this point.
Too bad that price of steem is so important factor, maybe if its possible you should concentrate just on "steemit the social network" no matter bout the token price, just the user experience and people will come to hang out on "steemit" everyday.
It matters because that's where the post rewards come from (tokens). The billboards were done using post rewards as a form of crowdfunding. The community member made a proposal in a post, people voted for it, and the rewards were used to pay for the billboards. Several of these were done around the world.
Given the lower token price, post rewards are much lower and not sufficient to pay for that kind of marketing. There would need to be another funding source, like maybe from the Steemit Inc. developers but that is up to them (I don't work for them nor speak for them).
Funny. So those billboards were funded by community, while no-one from that community spent a single cent..? Revolutionary
. That sounds like a money-making machine, or money generated out of thin air (in fact - from the pockets of investors on exchanges)... I guess this is what traumschiff talks about and he has his point (while as before I state there was no reason to blame you for economic model of steem being somewhat... questionable). 
It deeply sucks that the price is falling, but that is because there are no economic apps/3rd parties giving use to Steem as a currency.
Here is my solution:
https://steemit.com/steem/@profitgenerator/steem-s-price-needs-a-fix-asap
Here is my solution:
https://steemit.com/steem/@profitgenerator/steem-s-price-needs-a-fix-asap
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