You are viewing a single comment's thread from:

RE: Exchange Transfer Report: 10/2/2016 to 10/8/2016

in #stats4 years ago

As a bootstrapped business owner of 9+ years, I also wonder, why are you regularly pulling ~$10k each on your personal accounts out of such an early startup?

I myself fear the bitcoiners may be right, that Steem may just be a glorified scam coin disguised as a startup. Not sure @dan and @ned give a damn about the hardworking folks who invested their hard EARNED money into STEEM Power, only to see it endlessly lose value in a downward spiral of death. Really sad IF this is the case (I hope it is not). Time will tell the truth, and reputations will proceed one's self.

Sort:  

I've had an occasional doubt here and there, but when I read Dan's posts and review is blog, the books he's read, the philosophical stance he has on how to improve the world, etc, etc... I want to believe he's like an Elon Musk making decisions people think are crazy at the time, only to be proven right in the long term. I really hope that is the case. I also know that I'm biased because I too have invested, and I want to believe I made a good investment.

I really do hope you are right. Is that $10k total, or $10k weekly? $10k weekly sounds like jumping ship, but who knows.

Yep, around $10k each weekly. Check the previous reports I link to above.

Wow, that's some big bucks. Not helping allieviate sell pressure on the token value for sure. That's a shame.

I think they want to get Steem power in the hands of non whales. If I was them I would just power up random people who post. I used to think these guys were amazing marketeers among many other strong suites but now I don't think so. That initial payout was brilliant marketing. I think giving ten steem dollars to most active users (vote plus comment plus post) each week would do a lot more for the system than swelling on the open market.

Hopefully it all works out eventually, so the platform isn't here today and gone tomorrow.