lost allot of $$$ on steem, screw this ponzi! 
I managed to hedge on the way down. Ended up in ~4btc profit. Bought in at the peak in summer. 
Topic: Steemit.com: Blogging is the new Mining - page 86. (Read 348532 times)
lost allot of $$$ on steem, screw this ponzi!
The steemit bubble has bursted, steemit brought in free money into the space without real understanding of how the inflation rate would affect the the market, it is a well conceived idea but the structure design is faulty
lost allot of $$$ on steem, screw this ponzi!
yeah, must be a ponzi if you did some bad investment decisions, right?
lost allot of $$$ on steem, screw this ponzi!
short answer: read Dan Larimer's blog and think about what you read.
https://steemit.com/@dantheman
Yeah, it takes time but investing without wide and deep research is just casino :-)
https://steemit.com/@dantheman
Yeah, it takes time but investing without wide and deep research is just casino :-)
steem keeps going down. Too much selling pressure.
Busy.org is a shame too
originally, I thought Busy.org is better than Steemit. However, after trying Busy.org, I prefer the steemit's interface. Honestly, I don't see much difference between Busy.org and steemit
Can someone tell me why I should buy steem again now?
thank you
Busy.org is a shame too
originally, I thought Busy.org is better than Steemit. However, after trying Busy.org, I prefer the steemit's interface. Honestly, I don't see much difference between Busy.org and steemit
Can someone tell me why I should buy steem again now?
thank you
steem keeps going down. Too much selling pressure.
Busy.org is a shame too
originally, I thought Busy.org is better than Steemit. However, after trying Busy.org, I prefer the steemit's interface. Honestly, I don't see much difference between Busy.org and steemit
Can someone tell me why I should buy steem again now?
thank you
Busy.org is a shame too
originally, I thought Busy.org is better than Steemit. However, after trying Busy.org, I prefer the steemit's interface. Honestly, I don't see much difference between Busy.org and steemit
Can someone tell me why I should buy steem again now?
thank you
Is Steem slack room still active? This does not work for me ..
Slack auto-inviter: http://steem.herokuapp.com
Edit : Nevermind, found this - https://steemit.chat/home
Slack auto-inviter: http://steem.herokuapp.com
Edit : Nevermind, found this - https://steemit.chat/home
Correct. Slack become unweidly because the community was too large and Slack's 10k message limit meant messages were being deleted almost immediately. So it was moved to the open source (but a bit less user-friendly IMO) rocket chat platform.
Is Steem slack room still active? This does not work for me ..
Slack auto-inviter: http://steem.herokuapp.com
Edit : Nevermind, found this - https://steemit.chat/home
Slack auto-inviter: http://steem.herokuapp.com
Edit : Nevermind, found this - https://steemit.chat/home
...but because every new SteemIt user becomes a natural seller, since they get steem for free.
afaik new users can't power down the steem they got for free when they created their account, they have to inrease their steem x10 in order to be able to "sell" the "free" steem.
every new user that increases their steem x10 becomes a
^^^ I think this is more accurate
...but because every new SteemIt user becomes a natural seller, since they get steem for free.
afaik new users can't power down the steem they got for free when they created their account, they have to inrease their steem x10 in order to be able to "sell" the "free" steem.
every new user that increases their steem x10 becomes a natural seller.
...but because every new SteemIt user becomes a natural seller, since they get steem for free.
afaik new users can't power down the steem they got for free when they created their account, they have to inrease their steem x10 in order to be able to "sell" the "free" steem.
every new user that increases their steem x10 becomes a natural seller.
...but because every new SteemIt user becomes a natural seller, since they get steem for free.
afaik new users can't power down the steem they got for free when they created their account, they have to inrease their steem x10 in order to be able to "sell" the "free" steem.
Can someone please explain:
Who are the natural buyers of Steem? Why would anyone buy steem as a speculative investment? I understand that Seem-power may have a utility of up-voting content..
What is the utility of Steem? Is it just a currency? Seems like Steem is constantly being sold, not because of dilution from interest.. but because every new SteemIt user becomes a natural seller, since they get steem for free.
So, what is the incentive or use-case to buy steem or to hold steem? (assuming you need liquidity and dont want to power up? )
Is the only utility of steem its use as an intermediate currency used when powering down which you can then convert to BTC?
Who are the natural buyers of Steem? Why would anyone buy steem as a speculative investment? I understand that Seem-power may have a utility of up-voting content..
What is the utility of Steem? Is it just a currency? Seems like Steem is constantly being sold, not because of dilution from interest.. but because every new SteemIt user becomes a natural seller, since they get steem for free.
So, what is the incentive or use-case to buy steem or to hold steem? (assuming you need liquidity and dont want to power up? )
Is the only utility of steem its use as an intermediate currency used when powering down which you can then convert to BTC?
Dear Forum Members!
Steem is listed on Tidex Exchange: https://tidex.com/#/exchange/STEEM_BTC
Our topic on BitcoinTalk: https://bitcointalksearch.org/topic/tidexbitcoin-and-altcoin-exchange-1769969
Also we're glad to announce a bug bounty program which should help us to weed out the bugs. Security bugs: 1000 waves + depending on severity.
| Web: https://tidex.com/ | API page: https://tidex.com/Home/Api | Contact Us: [email protected] |
Steem is listed on Tidex Exchange: https://tidex.com/#/exchange/STEEM_BTC
Our topic on BitcoinTalk: https://bitcointalksearch.org/topic/tidexbitcoin-and-altcoin-exchange-1769969
Also we're glad to announce a bug bounty program which should help us to weed out the bugs. Security bugs: 1000 waves + depending on severity.
| Web: https://tidex.com/ | API page: https://tidex.com/Home/Api | Contact Us: [email protected] |
Is Tidus already an exchange running in full-business scale or are you still in the testing phase? Is there any trades going on there right now?
Yes, Tidex Exchange, at the moment in the stage of public testing. Also, tomorrow or the day after we are aiming to start the signature campaign.
Demo for Tidex Signature campaign 
What do you think, guys!?
What do you think, guys!?
Dear Forum Members!
Steem is listed on Tidex Exchange: https://tidex.com/#/exchange/STEEM_BTC
Our topic on BitcoinTalk: https://bitcointalksearch.org/topic/tidexbitcoin-and-altcoin-exchange-1769969
Also we're glad to announce a bug bounty program which should help us to weed out the bugs. Security bugs: 1000 waves + depending on severity.
| Web: https://tidex.com/ | API page: https://tidex.com/Home/Api | Contact Us: [email protected] |
Steem is listed on Tidex Exchange: https://tidex.com/#/exchange/STEEM_BTC
Our topic on BitcoinTalk: https://bitcointalksearch.org/topic/tidexbitcoin-and-altcoin-exchange-1769969
Also we're glad to announce a bug bounty program which should help us to weed out the bugs. Security bugs: 1000 waves + depending on severity.
| Web: https://tidex.com/ | API page: https://tidex.com/Home/Api | Contact Us: [email protected] |
Is Tidus already an exchange running in full-business scale or are you still in the testing phase? Is there any trades going on there right now?
Dear Forum Members!
Steem is listed on Tidex Exchange: https://tidex.com/#/exchange/STEEM_BTC
Our topic on BitcoinTalk: https://bitcointalksearch.org/topic/tidexbitcoin-and-altcoin-exchange-1769969
Also we're glad to announce a bug bounty program which should help us to weed out the bugs. Security bugs: 1000 waves + depending on severity.
| Web: https://tidex.com/ | API page: https://tidex.com/Home/Api | Contact Us: [email protected] |
Steem is listed on Tidex Exchange: https://tidex.com/#/exchange/STEEM_BTC
Our topic on BitcoinTalk: https://bitcointalksearch.org/topic/tidexbitcoin-and-altcoin-exchange-1769969
Also we're glad to announce a bug bounty program which should help us to weed out the bugs. Security bugs: 1000 waves + depending on severity.
| Web: https://tidex.com/ | API page: https://tidex.com/Home/Api | Contact Us: [email protected] |
What creates value/demand for the STEEM coin? Is it simply speculators and store/transfer of value like BTC?
Can anyone tell me where the money comes from that content providers are being paid?
It comes from new coins created every block, as is done with mining.
Steem runs on its own blockchain, right? Are there miners in the conventional crypto sense? If not, what is the incentive to run a node? If so, is the block reward split between the miners and the content publishers?
Yes it is all on a blockchain. It's mostly delegated proof of stake, though there is currently a small proof of work mining component (but there is a proposal out to remove PoW altogether). Yes, the block reward is split between the block producers (be they PoS or PoW) and the content reward pool. My recollection is that most of it goes to content rewards.
Can anyone tell me where the money comes from that content providers are being paid?
It comes from new coins created every block, as is done with mining.
Steem runs on its own blockchain, right? Are there miners in the conventional crypto sense? If not, what is the incentive to run a node? If so, is the block reward split between the miners and the content publishers?
Is there actually no way to recover my password since I haven't logged in in forever?
There is not, at this time, a way to recover your password (much the same as any coin if you lose your private key). There was some talk about setting up a way to recover accounts so you might want to check back in the future.
You can't compare this to the private key of a wallet.
It is actually both. The web site is a web wallet.
Anyway, your point is valid from the users' perspective and that is the motivation for adding a recovery feature.
Can anyone tell me where the money comes from that content providers are being paid?
It comes from new coins created every block, as is done with mining.
Quote
Is the project team anonymous?
The coin is developed by Steemit Inc. a US company. The CEO (Ned Scott) and CTO (Dan Larimer) are public with their pictures and videos all over the internet. I don't know about the rest of the dev team other than them being employees or contractors of Steemit Inc. I think some of them have introduced themselves on the site.
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