So I am going to gloss over the basics of the reward pool before I go into haejin. The reward pool holds a limited amount of steem, whenever you upvote something, the reward pool decreases in value and gets added "virtually" to the value of the post, upon payout it is added to the persons wallet. This means that your upvote has value from the reward pool.
Secondly basic economics. If someone is holding 1-6% of a companies shares and sells out, the companies stock drops, when its a crypto currency that someone starts holding that much of, it crashed when they sell out.
So now haejin is making a ton of money from the reward pool, which btw almost 80% of his profits come from 1 person meaning it is literally gaming the system. Haejin doesn't care for the steemit community and is more likely to take his share and sell out thus crashing the market instead of going and building the community. Again he is earning most of his profits from 1 person. If he gets away with it then whats to stop all of the big whales to selflessly upvote themselves until the reward pool is empty (meaning the value of upvotes and flags each become 0) and the community dies.
Basically fighting against haejin is fighting to preserve the community as a whole so that people will still be able to come and join steemit, and earn steem/SBD say 10 years from now. Right now the reward pool is emptying at an unsustainable rate for long term usage,
As for this post, it is literally doing what haejin does so that I can comment on his posts saying I deserve $500 upvotes which is stupid because I don't. I literally drew a few random lines and copied and pasted everything, except I changed haejins links to pornhub links because the number 1 rule in crypto trading is to bust a nut before a big trade.
Basically I am posting the exact same things as haejin in the same way just to show how absurd it is to think that he expects $500 upvotes (actually 500 SBD upvotes which is closer to $2000 USD and he is posting that 10-11 times a day)
His posts take roughly 30 seconds to make, are completely unoriginal, and have actually been very very wrong in the past 3 months. Hence why we are fighting against haejin again
I would upvote you but I am saving voting power for haejin, though it doesn't matter, I have a 0.00 SBD upvote ATM. I am planning on cashing out some crypto later this afternoon for steem so we will see
So I am going to gloss over the basics of the reward pool before I go into haejin. The reward pool holds a limited amount of steem, whenever you upvote something, the reward pool decreases in value and gets added "virtually" to the value of the post, upon payout it is added to the persons wallet. This means that your upvote has value from the reward pool.
Secondly basic economics. If someone is holding 1-6% of a companies shares and sells out, the companies stock drops, when its a crypto currency that someone starts holding that much of, it crashed when they sell out.
So now haejin is making a ton of money from the reward pool, which btw almost 80% of his profits come from 1 person meaning it is literally gaming the system. Haejin doesn't care for the steemit community and is more likely to take his share and sell out thus crashing the market instead of going and building the community. Again he is earning most of his profits from 1 person. If he gets away with it then whats to stop all of the big whales to selflessly upvote themselves until the reward pool is empty (meaning the value of upvotes and flags each become 0) and the community dies.
Basically fighting against haejin is fighting to preserve the community as a whole so that people will still be able to come and join steemit, and earn steem/SBD say 10 years from now. Right now the reward pool is emptying at an unsustainable rate for long term usage,
As for this post, it is literally doing what haejin does so that I can comment on his posts saying I deserve $500 upvotes which is stupid because I don't. I literally drew a few random lines and copied and pasted everything, except I changed haejins links to pornhub links because the number 1 rule in crypto trading is to bust a nut before a big trade.
Basically I am posting the exact same things as haejin in the same way just to show how absurd it is to think that he expects $500 upvotes (actually 500 SBD upvotes which is closer to $2000 USD and he is posting that 10-11 times a day)
His posts take roughly 30 seconds to make, are completely unoriginal, and have actually been very very wrong in the past 3 months. Hence why we are fighting against haejin again
I would upvote you but I am saving voting power for haejin, though it doesn't matter, I have a 0.00 SBD upvote ATM. I am planning on cashing out some crypto later this afternoon for steem so we will see