BlockTrades now offering Steem Power Delegations

in blocktrades •  last month

BlockTrades (http://blocktrades.us) has begun testing a new feature: the ability to purchase temporary delegations of Steem Power from our site using bitcoin, litecoin, and other currencies. Initially we’re offering 30 and 90 day delegation periods. The cost for a 30 day should be relatively similar to that offered by MinnowBooster, with some additional discount available for 90 day delegations. Also we plan to shortly enable the ability to renew existing delegations from BlockTrades at a discounted rate.

While it is not strictly necessary to create a BlockTrades account in order to purchase a Steem Power delegation, we strongly recommend it as this allows a user to have a record of the current expiration date of the delegation and will also allow for renewal of an existing delegation.

Terms and Conditions for Steem Power Delegations

While BlockTrades does not plan to directly oversee usage of the delegated Steem, we will investigate complaints of abuse by the community. BlockTrades reserves the right to terminate a user’s delegated Steem Power without refund if the user uses the delegation in a manner it considers harmful to the Steem community. The most common forms of abuse in this context would be: frequent upvoting of nearly contentless posts and/or plagiarism posts, targeted downvoting attacks on non-abusive community members, or phishing attacks aimed at defrauding other Steem users.

On the other hand, BlockTrades does not consider it abuse to upvote your own posts as long as they consist of original material that can be argued to have some meaningful content (even if it’s just an original joke).

btc_to_delegated_steem_power.png

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@blocktrades before I say thank you
that is what we hope for and that we are waiting for from you,
but there is little that I doubt,
what if the community delegates two places, that means delegating from the first party and secondly from the second party, whether it can get the SP from both parties.
as an example, I've got delegates from others, can I still get from you?
thank you for posting this

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@robert-call there is no definite answer
can or can not?

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You can receive delegated STEEM Power from multiple sources.

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yes, robert-call is correct. You can get delegation from multiple sources. Note that it is NOT possible to re-delegate the steem you get from a delegation, however.

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Thanks so much..this is a very good landing for steemit users in the future to develop the economy. i like you. i always follow you.

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@blocktrades
Congratulations for this new feature, I love your services, always consistent and fast! Also this new lending feature seems to be pretty fair I will certainly give it a try!

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I just checked this and we get only 18.827 steem power for 1 steem for a 90 days period, where as the same investment in minnowbooster gets 150 SP for a period more than 4 weeks. So not sure, how even they are comparable. Isn't it too small ?

I would love to have a vote from you instead 😁

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I looked up minnowbooster's pricing page that you're referencing, but something is hard to understand about that price, because it's not what you actually get from a delegation from them when you do it. I think we are both misinterpreting the meaning of that page.

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Do you have a community leasing in a more discounted price ? We are building a charitable bot , for which we will need some support.

https://steemit.com/@thehumanbot

And by the way I already have bought some from you for a monthly price, lets see how it goes.

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The difference here is that you can lease delegations in crypto other than Steem.

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A 90 day delegation is worth more than a 4 week delegation, so you have to adjust by the time period to compare them.

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You can visit my post I made HERE some days back giving you a look at the steem price to delegation quantity. Hope that helps out.

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Does that also mean that one can buy delegated SP from @blocktrades single time, second delegation is not possible until expiration. Or, @blocktrades can delegate from multiple accounts? Can you kindly clear it?

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You can buy multiple delegations for a single account, our system automatically tracks prior delegations and delegates the appropriate additional amount.

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why would you say thank you for adding to the instability of the whole block chain???????
Please think this through.
What kind of behaviour does it encourage ?
THINK

Hi @blocktrades, I was thinking why would you compete with MB on something that they are very good at. So, I was searching for the uniqueness of your program and I'm happy that I found this:

While BlockTrades does not plan to directly oversee usage of the delegated Steem, we will investigate complaints of abuse by the community.

Can there be a reward for those who buy the highest SP through delegation feature and don't abuse it? :)

Keep inspiring the world with you awesomeness.

Steem On!

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The ability to purchase with bitcoin, litecoin, and other currencies is also a plus.

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I think this move is an extremely poor one which can only add to the instability of the platform making it easier for people to bleed the system dry completely fucking the price of steem in the process. Can nobody here think beyond their own immediate self gratification !
this makes investing in steem long term pointless

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@joe.public

Or, it's a way for people to build up steem capital, which is good for steemit.

Let's say I'm a new user (I am) and I don't want to create content for free. So I start and pay for 30 days of delegated SP, say, a $30 upvote.

With my full value 10 upvotes, every day I would:

  • write two good articles a day and upvote myself (I haven't smashed the math but I think 2 self upvotes a day has the investment break even, maybe upvote a comment to make a little profit...which would increase my SP...which increases the value of my upvote, which makes me more interested in helping people out with my upvote).

  • upvote https://steemit.com/steemit/@daniel.dalo/centaurus-steemit-lottery-142-2017115t211421608z every day to help get the game going/grow the popularity of his project. Because fun.

  • upvote 6-7 other steemians articles/posts that I like.

These $30 upvotes put all the receivers (including myself) into higher standing with greater chance to attract followers and votes and income. This has me want to continue to create more content. This has daniel.dalo want to continue/increase his participation. This makes new authors smile like crazy when they see a $30 upvote.

This is only good for steemit. Yes I can see it would be bad to self invest to upvote 10+ times on spam comments.

If someone with more SP downvotes me because they think self voting is bad, then A. my investment would be lost and B. I'd quit steemit because a platform where a bully can kill your account/rep/earnings will never mass adopt. I shouldn't even be here because that happened to my friend who had built her account up to $100+/post and some whale smashed her account down to a -1 rep. Fuck that....but here I am because with some fixes I hope will be implemented, steemit might be awesome in the future.

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Hi @haveyouvisited
I totally understand why it is attractive no question.
And I hear the Blocktrades deal is more attractive than others who offer that service.

The problem I have with Blocktrades offering is, it lends social validation to usury on the platform as a whole.

It diminishes mutual support in the community.

When people Vest Steem into Your account they already receive interest on that. The system is designed to encourage vesting in that way, into accounts that offer value to the community. Its not just about financial rewards its also about creating a better world.

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One more point @haveyouvisited.
I am aware of account that invest into buying upvotes and short term Vests, which have questionable value. These accounts also tend to cash out regularly but not giving much in return.
I am also aware of an account that invest heavily into both buying votes and vests which appears to be nothing more than a scam.

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Ouch. I did the math. The investment to get a $30 upvote is like $6,000+, and even if did all 10 full power upvotes on oneself, one would take a serious loss.

The loss might be worth it if putting out good content and building rep and followers and upvotes, etc.

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wow that is steep.
it does provide an brilliant short term Return On Investment for the people selling the leases though

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It's really great

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It's a new business for us, so we'll take some time to explore and see what works best. It's hard to say so early.

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I really apreciate the calm responses to concerns : )

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Competition doesn't have to be bad.

I think it's good that blocktrades are trying this

That's really exciting news! Good job! @blocktrades are you planning (in a near future future) to offer shorter periods ( like 7 days ) ?

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Short periods don't work as well because there's a 1 week delay before delegated steem "returns". So short delegations would end up being much more expensive. But it's a possibility if there is enough interest. It might be a good way for an author to quickly gain attention for a series of posts in order to establish themselves.

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I totally agree with you @blocktrades. It is a good and bad side but I see with this delegate a lot of steemians who can help themselves and the theme so this is a good idea. Thanks for share information @blocktrades

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just a thought. But wouldn't a voting bot where the vote could be purchased for x days at a time at x voting strength accomplish this better than trying to buy delegation for less than say 2 weeks? Once the voting period is purchased it is up to the purchaser to make the posts to get themselves established.

is the delegation amount based on a calculation, do you know how many post I need to post and like in these 30 days to make a profit?

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There's no way to compute this I think. For example, perhaps most importantly, the ultimate value of purchasing a steem delegation can be much more than the immediate return one gets from upvoting one's posts. This is because it makes it easier to gain attention initially and this can lead to long term profit long after the delegation has expired.

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Ah, true, gaining more followers is another benefit, but I wish there was a way to predict all of those, after all we're spending the money for a profit.

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You could try the MoonBot which is a subscription based upvote service. You can then spread out the curation over a month or so.

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sounds more fair than other bots I saw, but I can only write four or five posts each month.

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whatt is price??

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you can get around 377,493.556 Delegated STEEM POWER (30 days) for each bitcoin

What a way to empower those who would normally not be. this is so great, as long as there isn't any abuse, we'll all win from this. Great job Blocktrades!!!

All for one and one for all! Namaste :)

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When money is involve, abuse is always lurking around.

@yehey

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pretty much

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This is Steemit's slogan: Money talks !

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In other words, The Bees are always on Honey.

Wow, these prices are really good! Thank you for the service, I think it can even be profitable to buy delegated steem power from you and then sell your vote to minnowbooster. I will test that out over the next days.

Do you plan on bumping up the SP limit? Or is it gone once it it sold out?

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We have a limited supply, of course, but I'm not sure exactly how much we will be able to offer. We've been planning to do something like this almost since delegations were initially announced, but we just have been too busy with other projects.

We have no plans for offering a service that directly competes with minnowbooster's business model of matching up delegator/delegatees, as it's a much more complicated thing to do well and doesn't really fit with how the rest of our system operates.

This may or may not be a bug, but extremely small amounts don't seem to work:

https://steemit.com/blocktrades/@preparedwombat/re-whatsup-rent-steempower-easy-from-blocktrades-20171107t040109872z

Is there a posted minimum somewhere?

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Yes, there is a apparently a 2 Steem Power minimum enforced by the blockchain. We're adding a warning about it now, because I guess some people try such minimum amounts as a test.

That's an interesting development, and I looks forward to seeing how this works out. Not going to buy power now as I don't really need it, but for curators who aren't authors, this is an amazing tool.

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Actually, I think it's probably most beneficial to authors who are just trying to get established on steem.

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Authors can promote their content in a bunch of ways, but curators who are not content creators at all are a group that is largely neglected when it comes to tools for growth.

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I tend to agree. But the worst thing they face currently, IMO, is the 30 minute rule that tends to take away a lot of their potential rewards.

@blocktrades:
are there any plans to make it possible to buy Steem, Steem Power or SBD via BlockTrades directly with Euros (€)?

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It's definitely something we want to offer, but it's a matter of getting regulatory approval to do it. We've been very busy and haven't had time to explore the requirements fully yet.

Hi @blocktrades,
I have featured your new delegation service in this post. I hope you like it!

I would appreciate any comments, corrections/clarifications or additions that you would like me to add for a more accurate representation of your service.

Thank you for your visit in advance.
Dr. TLK :)

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Yes, it was good to get a comparison and info.
Thx

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You are welcome. Thank you too :)

To be honest, I still feel weird to see blocktrades doing this. I think mainly because you have such a strong brand image of quick and no-fuss exchange but buying SP delegation is totally another thing. Wouldn't this undermine your brand somehow? especially to those outside the Steem community... I am not sure, maybe you have evaluated this already.

One particular good thing from this service though, in addition to MB's similar service that is, is that this will facilitate those who want to give power to some Steemians but do not want to reveal their Steem identity or even do no have one at all!! So this is somewhere you might consider focusing for your future marketing direction. Say if Vitalik Buterin sees a Steemit post about him and likes it so he decides to give the author a gift in this way but he doesn't want to register at all (yeah, I can imagine that...). This is what he can use. XD

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The purchase process for Steem Delegations is actually pretty much the same as normal purchases of coins (except that we will offer the option of delegation renewals in the near future). So I don't anticipate it will cause any confusion to our existing user base (and so far, we haven't seen any).

Naturally, there will be some people who will think it's a bad thing: this is true of just about any new thing in crypto from what I've seen. As one of the largest steem holders, I did give it a lot of thought before deciding to offer the service, and I'm sure it will be a net positive for the long-term value of the coin.

That’s a cool new feature and it even offers a discount for a longer period or renewal of the delegation. A great news for the minnows who want to increase their influence on Steemit and start their own projects.

Delegation is a powerful feature. I've delegated to a few people I trust so they can use it to vote up the good content. I do have concerns about people buying such things to just benefit themselves, but I think Ned said it's just another business opportunity.

I saw you around at Steemfest, but missed the chance to chat and thank you for your generous votes on my posts. They are much appreciated. This platform is amazing and the people I met there just reinforced my belief in it.

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@blocktrades I just went to https://www.steemnow.com/upvotecalc.html and put in 100,000 SP. It calculated that full power upvote to be worth $8.44.

Is that correct? (For instance) paying $2,000 for approx 100,000SP only gets one less than $10/upvote? (yes I know steem price varies, etc.)

In your experience so far, what do people do with the delegated SP they buy from you? If they buy, say $2,000 for an approx $9 upvote....even if they do all 10 full power votes for themselves they're running a loss on that investment. I guess they're hoping for followers and 'trend' upvotes...)?

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I haven't done the math, but I think delegations are only cost effective if you are able to get others to vote for your posts as a result of the higher profile your own vote brings. But you are missing one factor in your calculations that improves the value of getting a delegation: a delagatee doesn't just get extra money when he self-votes, he also gets higher curation rewards on all his votes (not just his own posts).

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Hmm, right. Thanks.

If, for instance, one bought 2,000 of delegated SP (about a $.15 upvote), and JUST curated, could one break even or profit in 30 days?

I haven't seen the values there yet (will go google something like 'how much can one make curating on steemit').

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I doubt it, but in theory I think you SHOULD be able to, because more people would see the post you've upvoted and upvote it as well. In practice, I doubt you would unless you were very good at finding posts that other people just don't see at all, because the 30 minute rule tends to crush a curator's potential for profit (this is something I would like to see change).

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Why would anybody spend money to buy delegated SP to spend it all on others? Then it' s just a straight monetary loss.

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@haveyouvisited
It is called a philanthropic spirit.
There are actually many on steemit that do it. Same as YouTube, people give money through Patreon to their favorite content creators.

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Yep, many of the people who've contacted me about the new service are interested in promoting some kind of common-interest group of writers.

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@em3
@blocktrades

I must be missing the math somewhere (and I'm curious to learn how this all works). A $30 upvote for a month would cost like $6k-$7k.

Daily that's 10 $30 upvotes.
20 $15 upvotes
40 $7.50 upvotes
80 $3.25 upvotes
160 $1.75 upvotes

(Is that generally accurate?

So let's say that writers group gives 10 full power upvotes a day. It costs them $6k to buy delegated steem power.

And after 30 days they gave out $9k in upvotes: $6,750 to authors and $2,250 to curators.

That's cool, turning $6k into $9k and spreading it around (minus inflation [which is how much over 7 days?]).

But that's $6k that has to come from somewhere that isn't returned as profit to wherever it came from, much less much of it recovered.

I'm just trying to learn the steemit system here (and see how buying delegated SP is a doable/profitable thing).

It's my understanding that there has to be a profit motive somewhere. Surely it can't be 80%+ donation driven (because that can't possibly be sustainable nor aiding a move towards mass adoption).

I can see how if Sue wants to start/grow an account it can be beneficial, an investment even if there's some loss.

But if Bob buys $6k's worth of delegated SP for the writer's group, how's he get any of it/some of it/all of it back?

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When companies buy an advertisement on google, how much do they get as an immediate monetary return? Generally, nothing. The money comes later as a side-effect. Perhaps a more direct comparison: how much do they make when they make a public service announcement or donate to a charity? Purchasing a delegation is a way to purchase "attention" on Steemit. The ultimate value of that depends on your objectives for promoting the content.

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Good advertisers make immediate returns and then scale up for huge returns. Bad advertisers just loose money and never get 'later' returns, because nobody sees the ads.

What you say about side-effects is more apt for tv/radio advertising. Throw a bunch of money at it and people will see/hear it, but tough to measure return, short term or long.

No advertiser wants to just throw money away. So I'm looking at the math, immediate (self vote) returns and potential (followers and curation etc).

And philanthropy is great (Bob buying Sp and literally giving it to a curation group). Investing in advertising at a loss is what I'd like to avoid.

Thus I'm still inquiring into the math.

Re: other parts of this post: I love this SP delegation thing. It's likely to make me a serious steemit contributor/participant. Just have to have the right math available.

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Well, I guess I'm not a good advertiser then :-) In my other business, we advertise to bring in customers, and the average sales from those ads are closed 1-3 months later. I can't really imagine what advertising method would allow us to close immediate sales though.

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Depending on the product, 'good' advertisers make immediate sales (because they have converting landing/sales pages and/or sales processes, and have tested and tweaked those).

Short of immediate sales, 'good' advertisors gain immediate benefit by adding to email lists, contact lists, putting those leads into sales funnels (email or otherwise).

As far as 'side effects', planned and tested processes I personally wouldn't call side effects, as that term hits my brain more like a 'maybe we'll gets some sales' (which is a terrible sales process.

Steemit's only direct benefit, I'd argue, is self upvoting, from which an account gets faster increases in visibility and thus followers, upvotes, etc.

Which is why I find what blocktrades is doing to be a very valuable thing to the steemit platform and I don't see why so many people have their panties in a bunch over it.

My only complaint re: blocktrades is that the buy limit has dropped and the amount of delegated SP one gets has dropped a lot from when I first saw it.

With the connected complaint that I don't want to buy delegated SP to speed up my visibility and account growth just to have somebody with their panties in a bunch downvote me and destroy my account and my delegated SP investment.

u need to give at least three warnings to alleged abusers before cancelling delegation. Plus u need to return unused part of bitcoins on retrograde basis. That will be a fair contract. Else it does not generate enogh confidence.

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Our policy is strict because we have a strong stance against abuse. If there's any doubt in the mind of a potential purchaser about whether or not people will consider their usage of the SP delegation to be abusive, they should not use our service for delegations.

Can we buy sp with steem?

I don't understand, why 30 days are cheaper than 60 days?

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It is cheaper because of the "Period of rent(delegation)", hiring a service for a longer time means you have to pay more. So, that longer time rent result in lower SP. and yeah, you can buy delegation with steem and many other cryptocurrencies as well. Hope that helps

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Thanks for help, but this is cheaper than minnowbooster, right?

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Minnowbooster say that gives you 150sp every 1 steem but in reality it gives like 37 sp for 1 steem..

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Yes, it is cheaper than minnowbooster, MB gives 150 for 4 steem(28 days) while BlockTrades is 197 for same 4 steem(30 days). So that is 47 extra SP when you use BlockTrades

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Yep, im going to use blocktrades then, thank you!

@blocktrades Please add support for Golos and Golos Gold (GBG)

I'll wait for the next reward payout then I'm rent it...:)

Anyway dear @blocktrades, please take a look just a moment to this post. I'd like to recommend this nice spot to be the next SteemFest Location/Destination, named Sabang, Weh Island, Aceh, Indonesia.

This spot near India and Australia. Would you like to support my effort too? If you agree please upvote and resteem it > https://steemit.com/steemfest/@adly.jailani/proposal-sabang-weh-island-aceh-the-next-steemfest-destination

Well, using Blocktrades is a whole lot easier to buy delegation than most of the other services.

Awesome

How about us to delegate sp ti blocktrade for a portion of profit like minnowbooster do. However, with minnowbooster the divided turn low overtime.

I didn't know this was a thing. So do you just send them steem and after the term you get a percentage of the return?

That will be helpful for the investors who are trying to get higher SP. Now no need conversion from SBD to steem to SP. Can directly do that from blocktrades. Great job indeed. Way to go.

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Except you are not beung sold SP but being lent SP. This may have only been profitable if influence is not tied to reward.

an exciting news .. hope the future of steemit can create features that can chat directly between users of steemit. thank you@blocktrades

I like your posting .post is good. i want to be like you are a lot of fans. and i need your support in achieving the ideals in order to become a good artist. i need support from you.

@blocktrades

Question: Did the price for delegated SP just change?

Two days ago I put $2000 (randomly selected amount) worth of btc into the blocktrades purchase section to see how many 30 day delegated SP that would buy.

Two days ago it was 112k SP.
Today it's 74k SP.

Big difference.

The price for delegated SP went up ($1,000 more for the same 112K amount compared to two days ago)?

If anyone would like step by step instructions, we wrote our version of them here.

https://steemit.com/delegation/@steemiteducation/blocktrades-delegation-tutorial-now-small-donations-can-have-a-large-impact-on-your-favorite-steemit-project

If @blocktrades or anyone notices an error in these, please let us know.

I wanted to get some more delegations.. but I can't access blocktrades.us for a while now.. is there any limit to how many times I can use blocktrades in one day or a week and that's why I can't have access now or there is an issue with the overall site? Am I the only one who can't open blocktrades website or others are also facing this.. is there anyone here who will reply me.

Thanks

@blocktrades this is another disrupted initiative from you. All the steemit community should be thankful. The first great thing you did was creating a magical tool to convert steem into Litecoin, Ethereum or Bitcoin, and other, and deposit it on any wallet of the persons choice, this is increible, a great bridge for people to exchange some of their earnings for fiat money and make a living from steemit. Simply great. upvoted. @gold84

Dude Blocktrades thank you so much!!! What a great deal and nothing better than more competition!!!

@blocktrades, your deal is awesome, I will save up some spare steem to get me some, really nice! do you get it instant?

I like this idea ;)

Site is go down :D

Did somebody try it ?

Your Delegated is more expensive than MinnowBooster!

This is a ood news @blocktrades I always like and welcome healthy competition. Will you also offer the ability for someone to delegate steem power to your service say 90 days with ability to extend it?

Amazing news....Excellent feature is added by http://blocktrades.us to support this great community...

Well, that's a great idea. I hope it works out well.

Spanish version of this BlockTrades publication / Versión en español de esta publicación

https://steemit.com/blocktrades/@simnrodrguez/blocktrades-ofrecera-delegaciones-de-steem-power

Awesome update thank you!

Great service, this will provide low cost entry of VP to minnows who are the backbone of the steemit.

I loved this new information @blocktrades!
Would you allow me to translate your article into Spanish to share it with the community that reads in Spanish?

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@simnrodrguez I love your avatar!
providing a translation service is good! maybe I'll check it out to practice my spanish!

especialmente para servicios como Blocktrades. oportunidad igual. progresso igual.

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Thank you very much for your comment @public-eye
I love that you like my avatar :)

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Sure, we are generally fine with anyone translating our articles into their native language when we don't provide our own translation. Assuming it is a reasonably accurate translation, of course :-)

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perfect! It will be ready soon!

Thank You @blocktrades Resteemed and Share on Steemit Viral Facebook Page by @irfansardar Good Luck!

It is revolutionary idea will impact the whole rewarding process, waiting for more information.

Hey @blocktrades Great idea! I was on the site and maybe its just my browser, but 90days is showing up as less delegation than 30days @ the same price point. Looking forward to trying this out.

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Yes, I think you figured it out....
for 10Steem you can get 1000 SP for 30 days or 333 SP spread out over 90days. (not realistic...just an ex)

Actually the 90day delegation is about 10-15% stronger or better... so if you can afford it... go for the longer delegation. but balance with your time input... if you want to go Hard and Heavy for 30 days, better to invest 10 or 20 or 50 for much more SP but only 30 days. But if you are slow and steady, less SP, but longer time is a better deal.

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Yep i have the same doubt.. 30 days cheaper..

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I'm realizing its because the duration is longer.

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yes, see my explanation below @spotlight comment.

90 day is a better deal. more bang for your buck.

EX. 10Steem for 30 days gets you ????? 500 SP
10 Steem/30 days for 90 days gets you ??? 560 SP... but that 10 steem is per 30 days... so will cost 10X3= 30 Steem for 90 days.

10-15% better rate.

If I want to send 10 Steem, how much I will get sp from your program @blocktrades

Thats great news

This is quite interesting and love the instant delegation. Amazing! Can't wait for the renewing option. =)

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at some point I need to get on chat or discord to sign up for Qurator.... you are one of the mods correct?

Thx

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Indeed I am. Come have a chat on Discord. =)

the information is very important, I think it is indeed need to do such a thing in order to be more in the future. Thanks a lot @blocktrades

Great post keep up the good work also if you want you can follow me and comment on my post so that you can receive more up votes from me.

I love the idea. I have used blocktrades for many of my transactions favouring it over exchanges because it is fast and fees are affordable.
The UI is more userfriendly than minnowbooster so I guess I will be purchasing my subscription from here. Great job.

hello blocktrades, is a short content but knowledgeable . i give you upvote, https://steemit.com/@chiny

what is this mean? I just didn't get it, it means we can rent steempower? for 90 days and then there is no way to take your money back? I mean it's like for example I pay 200 steem to delegate some, then what will happen?

I have try it, it's work
easier, faster and cheaper, thanks for this amazing innovation @blocktrades :)

Sounds good to me. What happens if the availability of delegation funds runs dry? Will the one-percenters compete for the biggest advantage?

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This service isn't likely to be attractive to large existing holders of steem.

You know, this evening I planned to come and speak to you about SP leases - no need now but may say hello anyway! 😁

Very good information @blocktrades, I love it, I am going to share this information with the Hispanic community. Thank you so much. Good job.

I am still working for other People to feel that I am worth of their SP delegation. :D

It's just a week or less than a week @blocktrades updated thier website and they Out with another update about purchasing deligated steem power. Wow !!! I'm really amazed how fast they are working on the site ..can't wait to see whats coming next...and thanks for this update too.. I have been wondering how many months do have to earn before getting some good amount of Steem power. Thank once again 😘

what a good news ;)

This is a really good news, I resteem your post to help those who need it! Thanks for sharing!

Thank you for sharing

its a great news...

That will be helpful for the investors who are trying to get higher SP. Now no need conversion from SBD to steem to SP. Can directly do that from blocktrades... Thank you for sharing it

excellent new

It such a good innovation...

interesting development

happy if i could join.
can you give an example of how?

Great :)
This was possible all day.

Incredible needed by me! :) GO-ing now to see that... my curation project needs it a lot! Great idea blocktrades team

@blocktrades thank you so much for giving us this opportuniy sir. I'm sure not only me waiting for this,many of us waiting this opportunity.

More power and God Bless @blocktrades

Spectacular @blocktrades what is the price?

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The prices are dynamic, but you can check the current price at https://blocktrades.us

I think that the delegation is not practical, but direct boost from @randowhale or @minnowbooster is much better and more useful

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There's pros and cons to both methods I think. To me it really depends on how you want to engage with the community. If you're mostly just interested in promoting your own content directly, vote buying is certainly one way to get attention for it. But a combination of voting up your own and like-minded posts can also be a powerful to build up a community.

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@blocktrades Just think, everyone no matter what crap content they make will be able to milk the system dry, completely destroying any value it once had.
are you really happy about that happening?
You just made Steem look like a looser investment real quick. i am so glad you let us know, this week and not next week, i would have been really pissed off then

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I also strongly agree with you in building a very useful delegation community with our delegates to help fellow community members. By giving upvote we imagine if our society big must upvote also big value from delegation

Great option from an amazing site we love blocktrades

pixresteemer_incognito_angel_mini.png

2 in a row - > Breaking News Again!

Check The Daily spotlights of 3 November 2017! You missed one? ----> #dailyspotlights

Your quality post caught my attention and I hope you benefit from my resteem. My followers have a refined appreciation for quality art. You might also enjoy my curated collection. To see the quality posts I have curated via resteem, see my blog @pixresteemer. If you want to know more about me and my mission, please check my introduction.

Thank you that's what we hope for and what we are waiting for from you, thank you

Awesome stuff Blocktrades!

Will you also support different coins?

Thank you!

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yes, we'll be adding more coins soon

Great! I may go for you if I get a better deal when my minnowbooster delegation expires.

That's something I was waiting for a long time. I hope you guys develop more in this direction. It gives more opportunities for us - users. Now we can choose from one or another option and that creates healthy competition. Very happy for you @blocktrades

Cool. I have transact SBD to BTC and ETH in the last few weeks and happy with you guys. :-)

This is very interesting. Delegation is when someone lends their Steem Power to another user, right?

From what I understand of things, being able to use Blocktrades for those who delegate their SP, it will make it much simpler.

Should we create an account with Blocktrades if we use it to exchange SBD?

Thx.

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It's probably a good idea to create an account, because it makes it easier to track your purchases, but it is not required.

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Cool, thanks :)

saludos apoya en mi crecimiento excelente post!! banana_jam_by_hat_kid-d6anoqh.gif

wow this is good news..for us..for low steem power like me..this will help a lot..good job @blocktrades

how much steem or sbd should we pay on the said service?

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You can find the prices on our web site, they change with time.

Great news: testing a new feature: the ability to purchase temporary delegations of Steem Power from our site using bitcoin

This is another way of rewarding contents and am happy about it. But with how many bitcoin would one get it.

This is a great thing to do @blocktrades.

Nice new addition to an otherwise already awesome service, @blocktrades.

Quick question: please hit me up on Steemit.chat (same user name), I have some questions around this and would love to further promote it (also outside of steem). Thanks in advance!

a very nice innovation, I really like the @blocktrades program..

Someone should create a site/bot to monitor delegation eg. from mb and blocktrades, and in the very near future from a thousand other exchanges, corporations holding crypto, blockchain funds, Chinese mining investors, facebroke, googling, media companies, and other soon to be mainstream steemit investors when steem >$100.

Why you ask?

Well, it can be very positive:

  1. Put your name it, site will mine data and show you how much you have earn with delegated&upvoted post enhancement during periods of delegation. (Will be some creative programming to sync all those delegation overlaps, 7 days payment delays, and finding total % of additional upvotes it attract when you get that delegated milkshake to bring all the boys to the yard....but that's why I'm only 'reply' in english and not implement in code)
  2. A site can be setup to show top 100, % return for accounts using delegation, so other can learn from them (aka stalk them and reverse engineer their style)
  3. Site will show % of self delegation upvote vs % of delegation to upvote other users, to celebrate those who share the wreath at least a little (meaning 100% self upvote vs 1% other upvote), or those who just don't share at all (so we can all agree never to upvote them unless the post a masterpiece...or upvote them with our special 0.001 steem upvote account to earn curation at the 20-40minute mark ;-P )
  4. Site will show % of delegated steem use to downvote (ok this is controversal, but delegation can be a powerful way to abuse someone) or powerup revenge flag wars....just saying.

Ok...maybe not 4, I probably don't know what I'm talking about, I just like to reply with shit that comes to my mind....then later think about it and go...ok that's fkup.

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Upvoted .....cause it makes it obvious to everyone that corporation will dearly benefit from steem, big time.

don't get me wrong, I'm sure I'm going to like @blocktrades when I start using them (just as soon as I figure out how to invest in this blockchain technology....I'm still struggling to finding a mythical btc atm when you can put cash in so I can get myself some juicy steem anonymously?)

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WOW just think everyone no matter what crap content they make will be able to milk the system dry, completely destroying any value the platform once had.
are you really happy about that happening?

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I agree with you in principle @joe.public:

  1. The more users sign up, the more votes are generated, and the less the income will be divided up per vote. It would be a small waste to see even 25% income generated by bots. (This means annual payout of Steem generation at 9.5% is really just 9.5% x75%)
  2. The more users realize it's easier to earn off the bots than putting in an effort to curate and reply, then more will buy bots by delegating to the likes of mb, however, to fix this there needs to be a better alternative or disincentive. example. pay higher interest than the 3-4% top bots currently pay for rental of voting rights and stop paying that interest when that steem power are delegated (or steem blockchain penalize - users lose 90% of that interest or some scale of it like a taxation that goes directly back to steem&sbd payout to poster and curators).

However, I would disagree that this will milk the system dry, there is also the cannibalization factor, if someone puts in $100 to buy $100 of income votes, really they are really just burning their token (which reduce Steem hence indirectly reduces possible maximum supply), and if their content is substandard (or worst plagiarized or plain shit) and does not improve with time it is unlikely people will keep following.

To make things worst for these poor-content votes buyers:

  1. They have to share upto 25% with the curators - so they functionally get $75 back for $100 invested
  2. They have to contest with bot that downvotes content that earn >$100 with income primarily from votes bots. There currently are > Million Steem dedicated to this, as long as there is balance it will work. (like longs and shorts in the market)

If content creators who buy big votes keep breaking even with 1 & 2 that means their content will have to give some value. Sometimes it takes time and a little marketing to help an account with some value to get establish and have a little traction.

The point is, currently there is a place for these votes promotion. If we want to welcome advertisement to Steem someday and that will surely sky rocket Steem >$10 to beyond $1000 in value, we need to find the balance (and fair acceptance) while we are still in beta for promotion, and not throw the baby out with the bath water.

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I have Up-Voted for looking for balance and fairness for the benefit of all in Steemit. Will follow you too.

I liked it, 90 days and your system is very fast.

It's beautiful initiative, @blocktrades. I love your services. Please it would be highly appreciated if you try to make the price very low compared to what others are offering, especially since other coins other than steem will be involved. Great job!

This is HUGE news. Blocktrades, already an awesome platform, has just pulled ahead of the pack. It never even occurred to me that this could be possible.

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yea just think everyone no matter what crap content they make will be able to milk the system dry, completely destroying any value it once had.
are you really happy about that happening?

is there another way to get steem in and out of here????
i really hate this move

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Bittrex ...

Another @blocktrades tool for the toolchest.

Good stuff man, have a nice weekend.

Mean I can get steem power forever or temporarily?