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RE: Article States That Justin Sun and Tron will Acquire Steemit
Pretty sure that wont happen although i wouldnt be surprised if he tried. Whats Steemit.inc stake worth nowadays? 10-15 million USD?
Buying the company and liquidating it would not only kill a legit competitor if he got the company cheap but it would allow him to shill TRON more via Steemit thats by far the biggest and most successful crypto dapp.
I think it's worth really less than 15M.
Max 5 in my opinion but I may be wrong.
I can totally see him wanting Steemit for the community and the platform.
I don't care if people hate him, crypto will see mergers and it would be interesting as could be
Im not denying that it would be interesting but so was pulling a fishing hook out of my finger this summer. It was an interesting sight.
Doesnt mean i want to do it again.
If Steemit.inc didnt have as much stake as they do id probably not have a big problem with this but since they hold as much as they do they are a huge liability. I trust Steemit.inc not to abuse the power that came from the early mine which they are not doing but i dont trust Justin a single bit.
I trust steemit inc and all the rest of our stakeholders too, to sit and watch the project languish.
We need an influx of excitement, energy, money.
If Steemit inc. wanted to sell, it could mean that their backs were against the wall and they didn’t believe in the sustainability of our future.
If communities and smt’s are really supposed to bring life back into this place (I think it will), why sell you’re stake when it could easily be worth double or triple in the next year?
Edit* and the pump begins
If this is true and Steem inc is considering this, maybe put future isn’t as bright as we might think. In that case I’m all for Justin Sun gaining a stake. Worst case we sell our stake once the price pumps if we don’t like what he’s done with the place lol
The future is as bright as you make it.
Development and marketing is what we need.
Also, at times companies just don't have the knowledge or resources to take a company to it's potential alone. A smart business owner knows this and also sometimes competing companies join.
The last company I worked with was acquired 5 times in 10 years, never once was it because we were failing, it was because we could be stronger.
Also, we all know that steemit inc is cash poor and their constant sell pressure has hurt the price. I call that backs to the wall.
great points whatsup! Well rumor or not, the price is up at least, so I'm hoping for the best!
Wanted to buy a huge chunk of Steem next month if the price stayed low, but I guess the universe is telling me to buy BTC and see what happens lol
Cmon. SMTs, Communities, lite accounts from Steempeak, Splinterlands...
Just because we might be used to the news and need a constant stream of excitement as internet users, doesnt mean we need the "Announcement of the announcement guy".
Look around steem, find an exciting creator, theres enough of that to enjoy while we wait for the test net to end.
Thinking about the price of Steem all day every day kills what this platform is about. People, content, engagement, dapps etc...
You don't get to define what this platform is about.
You only get to define what it is about for you
Well no. Its pretty well established what this platform is about. Pretty sure it was from day 1, even before the whitepaper when it was just an idea in Dan and Neds head.
The platform is about diversity of people, content, ideas, monetization of content, and whatever else. Its not only about "how much does steem cost today".
You can explore only that side of it (which indeed is not what you do) but its not the only side of STEEM.
Who said I am talking about money, I am talking about painfully slow development.
Painfully slow adoption, zero marketing and most of our efforts going into changing our own chain and attacking our own userbase. Which is NO WAY to build a product.
Oh i agree. I just dont want Justin to do a under the table deal for 60 million SP nor do i think he is good for Steem just because he has money.
Would you lets say want Faketoshi in his place? He does marketing well too.
My point is that lets not jump at everyone that might have deep pockets and proclaim them as saviors.
Maybe we dont need saving. Maybe wer doing much better then 90% of the rest of the market.
👀
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