A Million Reaons to Ponder Iced Steem
iced steem tastes like nothing
While most everyone here is clamoring on about the stinc not selling this month I’d like to direct some attention to a million steem in froZen liquid form.
First I’d like to offer some perspective that cheering for a company not funding its very own operating costs by selling at near all time lows is akin to cheering for a company when they fire their CEO for mismanagement of funds. At least it demonstrates there is perhaps something resembling thought happening at stinc. But, I’m missing how this is fantastic news !?!
Let’s dig into the beauty of blockchain whereby a poor village idiot such as myself can stumble upon some, shall we say interesting numbers. Ah transparency, that sharp double edged blade that seems to always slice things up into grey areas.
By happenstance I sifted through a lukestokes post outlining steem transfers and not surprisingly I saw plenty of big names removing their stake. Now of course we don’t know where it is or why and that’s not at all the point here.
The point is I saw an incoming 1 million steem and for a moment thought this might be good news. After a deeper look what I discovered was a stinc BC dev proskynneo that holds 1 million steem in liquid and has a whopping 5 SP and also delegates 100k to his alt account vandeberg.
What people do with their stake is their business and I wouldn’t give it another thought if this weren’t a dev of the BC and employee of stinc. What I realise is that this guy doesn’t really have a good option presently, dump at 16 cents, powerup and and be a model new steemian,(good for us,no lambo) hold the frozen liquid, sell on a spike and wash his hands of steem never to return ? Powerup and be a sneaky bad actor and be hated ?
I’m not seeing a clear out for this fella. What I do see is what seems to be a dev definitely not looking to be involved with steem for the long haul big picture, change the world vision.
Maybe I’ve got it all wrong and I’m digging around where I shouldn’t and I’m not making any real judgements here, I’m only offering a sobering view for everyone praising 800,000 reasons to cheer. Also ask yourself why stinc basically hid this “great news” in a mundane post ?
I for one am not reassured or confident when a company and its employees, (that haven’t been laid off) aren’t behaving like proud confident investors and participants in our ecosystem. If you need something to cheer about and this makes you happy and rush off to buy steem that’s awesome. Tell me I’m wrong and this isn’t a new steem mentality and I can save my trepidation and shut up. Seriously, I welcome that, I’d love to be convinced to invest heavily in this beautiful vision we call steem. Today, just like 11 months ago I’m still on the fence, and this icy steem isn’t warming up my buying power..
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To be honest, i dont know what to say. 😁
That's appreciated as well my friend.. I also don't know what to say really, except for even at 16 cents I'm not FOMO on steem..
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Does make it hard to be very confident in stinc.
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Just a bit, yes..
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Personally have no clue what to make of it, just because you’re a dev doesn’t mean you need to care about the project! I’ve worked for plenty of companies that I did the job but I’m not particularly interested in what they’re doing.
Some of us just cash for our labour, can’t really fault the man there!
Ads can’t be the only thing that’s cash flow positive for stinc they’ll need to add more revenue streams some of which actually also flow into the BC!
But hey, what do I know right?
Totally agree what do you know 😂
Just kidding I always value your input. I get that it might just be a job, but does that mean he elected to choose an offer that at least partially paid in steem?
If it was all about the money I'd imagine saying nah I want real money Ned!?!
And again, if a bc dev isn't interested in steem is that a confidence booster for us plebeians? I mean I'd hope that someone in the industry would think wow, this is great I want in on the ground-floor. Not pay me so I can get onto bigger and better things..
Oh Danny boy
Lol who knows right? I guess if you were hired in the boom cycle 1-8$ mark it probably seemed like a sweet deal
Perhaps they thought it would also tie them to improving the product like you do well this goes up you can retire
I was reading an analysts of BTC the other day and he was saying 2038 it could be sitting at 100k using some sort of model I guess even if this thing trucks along till then good old BTC will drag the rest up with it lol
Yes, but by 2038 how much will It cost to buy a warm bowl of soy lent green?
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Fuck knows mate! Like Fiddy said, Get rich or die tryin' either option to me is a win :)
I'm with it! 😜
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