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RE: Never Hold on to SBD! They Are Being Devalued At 583.8% Annually (48.65% Per Month).
Damn @positivesynergy!
Are you powering down now or continuing with that account?
Damn @positivesynergy!
Are you powering down now or continuing with that account?
Hi @dpl! Still not sure if I'll keep the account or not. I've got 4-6 months to decide through the loooong power down process. In the mean time it's always nice nice to spread the 4 or 5 cents of my SP rewards to my friends 10 times or so a day and keep in touch.
It is still hard for me to think that this happened to you and it was not corrected and the power down sounds painstakingly long!
Have you tried powering down and using the steem to buy votes via www.smartsteem.com?
It is a platform started by @therealwolf and it works really good. If you can buy some high votes I think you will be able to get your reputation back very quickly. I'm not 100% sure that it will work because I have not been downvoted so badly but it is worth a try.
Let me know if you need some pointers on using smartsteem but it is really user friendly and if you get yourself white listed your ROI is even higher and I am sure you will get at least two stars. If not you can always talk to @therealwolf on discord and state your case for your low reputation and he can intervene and may assist.
Thanks for the suggestion, @dpl! I will definitely give that one some consideration to try. I've been using mostly minnowbooster for a while, as well as several others, but decided a week or so ago when I saw my payouts are also cut dramatically to 55% to just cash out what I had liquid. So right now I'm pretty dry of liquidity in my wallet.
That's sort of my catch 22 here in steemit. The only real solution, other than just create another account, given quite frankly they don't care to fix or even make it up to me, is to buy upvotes, which many whales don't like but pretty much accept. Most importantly buying upvotes looses money at least at these levels, because they do not pay out rewards to this account that they claim in the FAQs to pay out of 75% minimum. Maybe it's temporary - maybe not. It's fairly unsettling, gets me pissed when I think about it too much and causes self censorship.
Yes I forgot what you wrote about the payout at that reputation!
I think you have no option but to get a new account. That is very disheartening! You had a good reputation and you have close to 300 followers on that account!
Actually, there only really seems to be one option, if I am to stay on steemit, as I see it, and that is to find some seriously good whales to give me enough good upvotes to get my rep. and pay back; so I don't have to loose money. According the the FAQs: I can't get another account on steemit, but can get one indirectly on one of the others on the same blockchain, but they cost too...
On top of that, with the CEO missing in action from steemit for several months now, after downvoting his co-founder and creator of steem, I have been told by several who have been waiting for 6 or 7 weeks to get into steemit and they are not approving them now. I think that is a little funny how they allow so many bots and fake accounts to join, as steem cleaners said, but don't allow in at least one of them in particular I know who would have really been at least of serious whale potential.
I did have one good whale with a few hundred grand in the wallet, but that was only for a few nice upvotes of $12 or $13 and then they stopped. I guess I have 4-6 months to see anyway. Hopefully, the creator of steem will create a better version on EOS, w/o the whale economy, as he has said is one of his projects there in the coming months.
Damn man. It sounds like you went and turned every stone there is to turn.
What's your take on this platform? Should we take our stuff and leave or do you think we must still try and make it work?
What I shared barely scratches the surface of what I've seen on the non private platform. Given what I've seen in witness whale comments and real people who have told me they've been trying to get in with no luck, they'd stopped new accounts in an attempt to stop the bot and fake accounts, which has really wreaked havoc here and thus they are shooting the feet off of steemit in the process.
One thing's for sure; they don't leave us the liquidity option of being able to just pull all SP funds out in minutes like most anything else. To me it's like being trapped in a sinking ship and being forced to stay in and keep it afloat until those who wake up in time are able to get what funds they have in out.
I spent a few minutes this morning looking at the activity logged on the missing one's account. No authored blog posts in 6 months; no comments since and the whole story of attacking the main partner/creator is just horrible. Looking at the activity I see the ghost gave an upvote to one of the developers 4 days ago in the midst of some serious whale war (downvoting) raging. Judging by the downvote attacks on the missing one, all the fake hidden accounts created and delegated SP to it doesn't look good at all. It's such a shame to see this. It reminds me a little of the BTC-Bitcoin Cash war too the last 9 months or so now.
Here are the words of the creator, which I'm so sad to say kind of sum it all up:
Holy shit!! I knew there were problems but this is next level shit!
I think I'm out.
I will wait and see what happens on other platforms before I get back in again.
Thank you for sharing this @positivesynergy. There is a lot of people out there oblivious to what is busy happening!