Are you ready to rock?
With the price dropping it is more important than ever to put out content likely to be upvoted.
Time to sell your souls, Steemizens.
As the price drops more steem is given out so that when the price goes back up we have more benefit from our labors.
Can I get a shoutout from a minnow on how hard it is to build steem power?
The price dropping also helps those here just for the money to find the exits.
I didn't realize how important my continued posting was when Steem was at .07usd, but when it went to 2usd I sure as heck did.
It made me wish my content was 'popular', for about two minutes.
Then I remembered that medicine rarely tastes good.
We wouldn't be playing this game if my content was popular, we would all be outside doing something constructive.
Probably with the neighbors.
(source)
We can hope that the price goes to a dime and stays there long enough to shake off the fleas we've picked up on the back of nearly every user being made to matter in the math.
Who knew that would bring folks in?
That is one compliment I can give to stinc, they did grant my request to make the minnows matter in the math.
Now if they could just clean up the self voting, that would be great.
Have a perfectly peaceful day!
No war, but the class war!
Keep working, stop paying.
Viva Coin? Tradqwik, the exchange that pays you!
This is how you win in court for less!
Pastor says that rock is the devil's music :(
Please be careful baah
-Gloria
Didn't somebody tell you that voting your own comment first was a Steemit faux pas?
Nice to meet you, do you care for baah?
Wassup with the 'ladiesonly' tag? 0_o
LOL
Anyway, I am posting madly of late in an effort to convince Steemit's PTB to patch the bug that enables concentrations of wealth to control the witnesses, making a Sybil attack trivially easy by completely eliminating the distributed nature of the blockchain - the only real defense against Sybil attacks.
I am confounded and taken aback at the common response that it's not a bug, it's a feature (there seems to be zero cognizance that witnesses are very vulnerable), and denial that capital gains are a far more profitable mechanism (the sole reason other capital investments are held, such as stock, or BTC), so mining the rewards pool is not only unnecessary to attract investors, it is counterproductive.
The rewards pool is intended to reward content creators, and thus cause Steemit to grow and retain accounts, and not to provide lunch money for whales through sucking it dry.
Are you discussing the steem that gets rewarded for producing blocks by the witnesses?
No. The votes for witnesses are weighted by the SP holdings of the voter. @freedom, for example, votes for @pumpkin for witness, and @freedom has enough SP that his/her vote is reported by @aggroed to be almost 30% of the votes for @pumpkin for witness.
What this means is that an outside party wishing to control the witnesses only needs to buy enough Steem to outvote the rest of the community, in order to completely control the witnesses.
This is a Sybil attack.
The society is fairly particular about what males are allowed into the proximity, so we put up a sign and see who stays out.
Tell it to the boys club trying to become billionaires, if they had any sense at all they would know that making the platform work for the masses will make them trillionaires, but some of them would rather plunder 100's of 1000's right now, 'because they can', while the others watch.
But, but,.....I can't live without my starbucks,....
Welp, I guess I don't get into the society, cuz I'm no lady.
As to billionaires becoming gazillionaires, this is indeed the case. Capital gains from Steem price appreciation is far more potential of rewarding whales than mining the rewards pool.
Well, if you don't splatter everywhere when you pee, by going outside, we might make an exception, but you know how rare that is in boys,....we will be checking for other common boy faults.
I'd suggest not staring at the boobs, some of 'em really hate that.
Right, the 'ruling elites' are suppressing the speed of steem's adoption over chump change, if you ask me.
But they can, that is how the rules are written.
Well, it's also an easy fix, if only some consensus could be achieved. It is unlikely that, absent some catastrophic event, like a new Pearl Harbor, we could maintain Steemit's hegemony in the face of competition.
BTW, I got an email today from Gab.ai that mentioned investing in it. That may be some kind of competition for Steemit, I dunno. Thought it was interesting tho, because that may be exactly what it takes to make Steemit stronger - a harder world.
No promises as to where my eyes focus. However, if there's something small and shiny nearby, my attention will almost certainly be torn.
Hopefully when the backend is ready for the masses we won't have been beat to the punch by some other platform.
I've never tried Gab, but if it is a tipping platform I wouldn't invest.
I will eventually put $100 into Minds.com, just to cover my server costs and to get the badge.
I did a little reading up on Gab, and it isn't yet a tipping platform, just a Twatter clone, but intending to be more resistant to censorship. They do say, however, that they are looking at ways of enabling tipping.
I think this shows that Steemit is at the forefront of the tide of history, and there soon will be several platforms that seek to reward creators of content financially.
Now I have to read about minds.com. =)
You can monetize minds's points, if you can find customers and give up banking info.
The crowd is pretty anti-authoritarian.