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RE: Haejin Update - Just Under 4%, $4.68Mill a Year

in #steem6 years ago

Who's fault is it tho, is it Haejin's?. I'm just saying.
You know, my portfolio has significantly increased thanks to @haejin's analysis, but I promise I will also do my best to understand where you're coming from. UpVoted!

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Thanks man, I am not asking to make it so he doesn't make anything. But just something more rationally proportional to the rest of the community.

The reward pool has a finite amount of Steem in it, with more being added at a predetermined and set rate. This means that someone taking 4% is taking any possible gains away from someone else.

Meaning we could be destroying Steems chance to grow by keeping large amounts of awards in one individual. Currently, under development and still growing, money is what keeps brand new people before they get a chance to grow and become part of the community. It is also one of the big reasons most people are here and not using some other source of social media.

One of the greatest parts about Steem is the ability to grow all sorts of communities, with people driving conversation through money. Money makes them want to post, which makes them communicate ideas and thoughts. Other people want rewards so they comment and try to communicate and make friends further sharing ideas, and wealth.

If the incentive is gone, so is that new idea. So is the potential of STEEM and another crypto will come along to take its rightful place like Facebook did to Myspace.

This has NOTHING to do with Haejin. This is a decision based on the long term health of the platform. Which inevitably will help anybody who invested in Steem. Perhaps someone who bought 1.3 million?

I feel @Haejin of all people could understand and analyze the situation and know that it is not healthy for the platform or the investment he has in STEEM for individuals to make that much. At that rate, 30 individuals at 2 percent is already 60% of the reward pool. That is horrible to try to sell to any investor who could find other alternatives.

Thanks for the friendly comment. :]

Exactly! Getting high payouts is awesome. But doing 10-20 posts a day on analysing crypto market of which if you machine gun the top 20 coins last year in January you would've made in December x88.

Makes everyone a professional analyst doesn't it?

Then why don't you do it too?
This is the idiocy of these arguments.
Your are bitching about a design of the system.

The one thing we can all take out of it is he has a successful formula for making money. Do you think that this is not EXACTLY what steemit Inc. have designed and are content with? I can guarantee you that @haejin would be use as an exemplar account for all the backroom talks and deals that are currently going on in relation to SMTs.

MONEY IN + SYSTEM = HUGE REWARDS.

berniesanders is a lost cause pushing shit uphill.
HAEJIN WON THIS LONG AGO.

I think everyone's portfolio has gone up in value in the last year - unless you did something really silly...

Yeah, I still managed to lose some BTC otherwise I would have more 😁

I knew already before I like you but now you just got what you deserve.

Lol i made my own predictions being a noob and made huge gains without relying on any TA.

I did mention SiGNIFICANTLY, like from $6,000 to $1.2 mil?

Haejin joined mid 2017 though..

Precisely my point, I also did good without TA 😊

Since December 2016 😊

Kudos to you in making that much. It's a shame i didn't invest in 2016. Anything back then would have given massive gains..

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