Contest | 25-Word-Comment - Monkey Business | BURNSTEEM25 - 6 Steem
Do you:
Want a Better Life
Need a friend
Do you invest?
Are you:
Creative
Original
Willing to Engage?
Do you read, have something to share?
Are you willing to comment?
If yes, what are your thoughts about burnsteem25?
Monkey Business
Task
Write a creative comment of at least 25 words in the comment section about
burnsteem25
Tulis komentar kreatif minimal 25 kata di bagian komentar tentang
burnsteem25
burnsteem25
• Post in the comment section
• Original text written by you
No AI-generated text
• Minimum of words: 25
• No plagiarism
• Mention your sources if needed
• All Steemians are welcome!
• Upvote + resteem this post
• Invite someone new instead of curators, moderators, and mentors
• Read at least 3 comments and talk + upvote
Not supportive? You can't win.
SCB will use the topic of this contest and link to it
• Hashtags - #betterlife #comment #steem
• Deadline: payout of this post
Prizes
6 Steem
paid by @hive-169911
#1 | 2 Steem + 1 uvf
#2 | 1 Steem + 1 uvf
#3 | 1 Steem
Winners of the last 25-Word Comment Contest
Will be announced in the Comment Section
Pemenang Kontes Komentar 25 Kata terakhir
Akan diumumkan di Bagian Komentar
Header/Photogrid: Canva
Picture source
27-8-2024
I am a mobile phone user only
I upvote comments and (good) entertaining stories. @hive-169911 is my hive (community). I will grow its SP to upvote stories only. Please, do NOT post in it!
Happy Writing @wakeupkitty
CC @disconnect
@solperez @saintkelvin17 @aaliarubab @sbamsoneu
#betterlife #contest #steem #steemexclusive #kittywu #club100
Burnsteem When we hear this word what does this word meaning seem to be burning of Steem?
We all know that whenever we join the business get and give process go hand we cannot always gain without giving. Just like the Steemit platform is.
I have no idea about Burnsteem but after reading the articles I came to know that Burnsteem means the burning of steem coins and it is beneficial for the growth of the steem just take an example if disaster comes and there remains only one shop of chapati then what happens?
There is a rush and demands increase. One time comes when there is no chapati left. But when that flour comes to the shop again. There will be scarcity and prices increase.
Just like Steemit if we burn the Steem coins the demand for Steem decreases and its rate automatically increases. That's why we set 25% burnsteem to make the platform stronger.
Inviting @mairarizwan @jannat12 @yanti48 to participate.
0.00 SBD,
1.50 STEEM,
1.50 SP,
0.00 TRX
I believe you mean Steem not Steam (an online organization selling games).
Are those Steem burned? I read they would be taken out of circulation and stay in a wallet forever but wallet null never received a single Steem.
If taken out of the market is useful isn't it enough we all leave Steem in our wallet? It sounds the same to me.
Dear I read and listen to this that if we Burnsteem 25% it will increase the value of steem. Besides i didn't know that what you tell.
0.00 SBD,
0.03 STEEM,
0.03 SP,
0.00 TRX
stef1 said in a comment I asked her to write about the topic. She wrote about upvote bots (that was what we were talking about) check if she mentions in this article as well.
BurnSteem hasn't caused the price of steem to rise yet. Name sounds terrible to investors. Is Facebook, TikTok, X(burning dog), burning their stock shares?
My entry to BurnSteem25 25 word contest.
Sorry perhaps it was autocorrect
good question... I must have been sleeping
Sorry I read it again perhaps it was autocorrect mistakenly.
ah, okay that doesn't matter but now we mention it how come the word 'Steem' is still not famous? Are we burning too much Steem so it's not noticed?
@jiva34 @sbamsoneu do you burn Steem or do you say: I rather invest and take the Steem this way out of circulation?
Thanks🍀
Thanks for the explanations of the meaning of burnsteem25 its very good to know some just it but doesn't know the exact meaning of it thanks for sharing.
Welcome 🤗
Burnsteem25 program was brough for a possible reversal from a downtrend to an uptrend, indicating a change in market sentiment. A lower supply induces a higher price in a community and attracts buyers, and the price of the coin rises,
The law of demand and supply explains the connection between the price of a product and the quantity supplied by buyers and sellers. When the supply of a product decreases, its price increases, and so does the supply of that product.
On this platform, users are encouraged to burn 25% of their Steem which results in a decrease in supply and this affects the availability of steam in the market.
But what is happening is that ordinary users like me who are burning 25% steam in every post, some users are taking advantage of it by selling their steam and nullifying the impact of BurnSteam.
I think now, instead of #burnsteem25 the management of this platform should think of some other way to stabilize the price.
It is very sad to see that users like me who have not withdrawn any Steem during my 27 months on this platform have not seen any appreciation in the price of Steem.
But if you monitor the wallets of opportunists, you will see that the amount of outgoing Steem is more than the incoming Steem, making Burnsteem a frustrating program for users like me.
Are we burning our Steem for opportunists?
I invite @helengutier2 @chant and @lhorgic
0.00 SBD,
0.03 STEEM,
0.03 SP,
0.00 TRX
I withdraw a few times to try it out and l the Steem remained in another wallet. In the end I transferred it back and even bought Steem / invested because there's no longer a way to do so (of I haven't figured it out yet). So after all those years I have used 0. No house or car bought with Steem.
Since clubstatus means holding it sounds to me this is the only way but the question is why people who see Steemit astheir job would hold. They come to cash out not to start a piggybank.
Next to that a new question arose with @el-nailul his remark:
What is the point small fish do it if whales don't care?
Greetings everyone I'm happy to participate.
Designed from canva
My fellow steemians please do not panic when you hear burn and steem together, I'm here to explain to you in a way you all will understand so about what goes on called proof of burn.
Within the enormous world of consensus algorithms in Blockchain, I can name the proof of burn as being rather distinct and in other words, the participants are required to incinerate their crypto coins in order to be rewarded.
Here comes burnsteem25, whereby burning 25% of your Steem payout would help to increase your chances of being rewarded. Yet that value is nowhere to be found in the form of votes; so it is to be found in adopting the thinking beyond it and learning about the complexities of the Blockchain universe.
I hope you understand that thanks for reading and have a wonderful day.
I'm inviting @emmy01, @m-fdo and @ability20 to participate.
0.00 SBD,
0.03 STEEM,
0.03 SP,
0.00 TRX
I calculated it but I can tell you the upvote is not worth set 25% to null.
There's no win for the author what you receive only adds to the 25% of null.
If you only earn 0.03 there's no way to grow.
I like to hear from you why there are no transfers to thebaccount null
Thank you.
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https://x.com/wakeup_kitty/status/1828552618714472713
I really don't have any idea what burning steem or burnsteem25 means. I just power up 100% everyday. I don't have all that much to work with.
As far as I know, #burnsteem25 is an invitation for users to voluntarily burn 25% of the rewards obtained from posts. This is not absolute or mandatory, just voluntary from its users. This "burning" of Steem tokens is intended for a special account that can no longer be used, in this case @null in the hope of reducing the number of tokens in circulation.
In addition to reducing the supply of Steem in circulation, this Steem burning initiative also aims to help maintain or increase the value of Steem tokens by reducing inflation by reducing the number of tokens available. It can be said that this is a form of user support for the long-term Steem economy and building awareness of the importance of token supply management.
Thanks for joining. If you like to know more read the comment section since the idea doesn't work. Why you can read too. The solution?