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RE: Comparing Steem PALs

in #steem5 years ago

My blocktrades transaction finally went through today, I bought some more Steem and traded them to PAL. Now I have over 37000 PAL staked. I hope they will reach the sell wall of 1 STEEM pretty soon. Excited to see where it all goes.

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You really did get it!

Thank you!

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Oh, that is a lot :D I didn't know you were buying up so much but it is going to be an interesting ride I believe.

I think I'm currently 5th biggest holder of PAL on palnet.

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That is great and with the 50/50 split you should be able to grow significantly while still helping others grow significantly. That is the way it should be.

Yes, by the way, if my vote is worth 2 PAL and this is 50/50 split, it doesn't mean I will get 1 PAL back, does it? It means this 1 PAL will be divided among curators. Am I right?

At the moment, I think they are trying to sort out the algos and UI for decimals so I am not sure if it is calculating properly but, teething problems happen - even if STINC aren't involved ;D

Do you have a feeling that aggroed is the new ned we've all been waiting for?

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In some ways, but at the same time the distinction should be made that it isn't Stinc yet still is part of a private business model. It is good for Steem if people stop looking for a Ned and start supporting and creating many Neds :) Everyone likes leaders, they also like to hate leaders - but it is the support they get that makes or breaks them.

Maybe HF21 would be unnecessary because now we can have multiple platforms on top of Steem? Of course those platforms don't solve problems with Steems rewards so I'm not sure yet. Something still has to be done to help fix the trending page of Steemit.

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I think you are right we need many Neds or even better, many aggroeds, haha!

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lets say that you are the only voter on a post (to remove the curation algorithms) then yes, you would get 1 PAL back (as long as voting after the 15 minutes).

Should be true when upvoting most of the comments.

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yep. So this means that some people will upvote comments over posts if late.

As much as I enjoy the last few days powering up more PAL, I really can't understand with all the hype going on why people are selling at all? There is a huge sell wall at 1 STEEM (over 12M PAL). It's clear this thing is designed to get this valuation right from the beginning.

Posted using Partiko Android

Yep, and I think that it will slowly get chipped away at over time but it also means that the early distribution will be cheaper as very few are going to try and breach that wall.

This means that when Steem rises, PAL will rise together with it...

Posted using Partiko Android

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