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RE: Steemit, Inc. Financial Update
Either share all or share nothing. This doesn't really show much at all. How much is paid out in salaries. How much salary does Ned take? Too many unknowns which is why I'm pulling all my money out of steem, which I should have done many months ago.
Stopping the programatic selling now is too little too late. Too many crypto investors has lost trust in steemit inc and the cryptocurrency. On top of that no tokens are burned. Stopping the programic selling still doesn't address the issue of it starting up again at the drop of a hat. Steemit Inc still holds enough to keep buring 800k Steem for 5 or 8 years? No thanks, I'm cashing out with my loss and moving on.
Dont be afraid to express your true feelings brother! I commend your honesty! let her have it and show her that her too little too late attitude is no longer working and no longer welcomed here any longer us us the Users and CO OWNERS of the blockchain!
first of all programic isnt a word eli lol second of all, WHOSE selling is she talking about? the market? or steemit incs? Like wtf is she talking about PROGRAMIC selling? PROGRAMATIC? PROBELEMATIC? dude she cant stop the market from selling she can only fucking create confidence and make people want to BUY..... its like she thinks she can hold onto investors like what is she gonna send court orders to investors DEMAND they Stop powering down? pisses me off how she acts like some Venezuelan dictator, like a communist trying to CONTROL the market from a central command point. vertical control, she has no idea how markets work these days
and You have EARNED the right to cash out whenever you want, so fuck ANYONE who wants to insult you for being brave enough to tell everyone else you are cashing out, unlike teh many people who power down and still have a smile on their face wanting to entrap others into the scam so they can get a good price for their last power down
So many steemians have ALREADY powered down and yet STILL enjoy massive upvotes, they just didnt bother to announce it, probably a smart move BUt we cant let NEW people come into steem and get SCAMMED the way eli and ned have SCAMMED all of us for the last 3 years knowingly or unknowingly
I find it hard to believe that ned just accidentally this incompetent and hired this person with 0 crypto experience to run a hundred million dollar blockchain.... and yeah steemit inc runs the steem blockchain...
until ned owns less steem then maybe we can talk but ned owns so much steem, why even seperate steemit inc from steem anymore? :P Unless has ned been cutting his stake? Itd be nice to actually know how much eh has, would be cool to see a financial report .....
you cant stop people from selling.... you have to do marketing to TARGET investors but you dont waste time BEGGINg old investors to NOT sell.... you can only work hard to launch new updates and get NEW investors NEW money, we need to TARGET BITCOIN holders and get THEM to buy Steem DIRECTLy with their bitcoiN! we just have to make teh case for steem with VIDEOS on YOUTUBE and PAY to get them promoted with ads and if youtube bans crypto ads we get around that with EDUCATIONAL videos about how Steem works! ,
Steem might seem like some useless investment you have to sell BACK to some one at a higher price but not if you are a company that can USE steempower...... imagine ALL the charity companies that have social media accounts, who spend LARGE amounts of money on ad campaigns and paying peopel to manage their twitter and facebook accounts, doctors without borders, Unicef, etc, this is a masive multi billion dollar industry and we can penetrate it with steem and get UNICEF to get a STEEM account and instead of spending money on ADS one month spend that budget on STEEMPOWER and use it to upvote peopel who promote Unicef..... thats one example of how you can PLUG STEEM into EXISTING industries and then those Unicef people can manage the unicef steem and probably make ALL their money back from upvotes from the community, that novelty will wear off after teh first few large charities join steem.... but THATS what steem can go aftyer
World Wildlife fund or the NAACP are two other groups thata re PERFECT for steem, imagine if PBS or the Smithsonian joined steem and used steempoweer to upvote people instead of spending money on existing social media ad campaigns ....im sure theers plenty of examples where you can get MORE impressions from buying steempower and using @booster or @boomerang bidbots than by spending money on an ad for Instagram or Twitter or youtube with all teh fake viewers and accounts......
so plenty of charities and NGOs are perfect for steem but @ned has to setup a steem foundation to actually have people fulltime lobbying for steem, we dont even have a VC venture capital fund like EOS has with EOS VC .... we need that..... its like we have all the legos but ned has the important pieces locked in his room and he wont come out to play with any of us, he comes out to play on teh weekends when no oen is here and only plays with teh richest kids, but when we are all out with the lego mindplay he has all the motors and the special computerized legos we need to make this toy actually work.... one simple REDDIT TIP bot and we could have all of reddit using steem... i dont get why ned isnt trying to just work directly with reddit and their owners conde nast to help create reddit SMt for rewarding karma holders, bring back the reddit notes project and use steem for it... SMts need BIg partners to diferentiate themselves from steem engine and reddit could be a big partner for SMTs... but meh i dont see ned having the leadership or eli to go and get reddit users to learn about steem.... we need dedicated steem tip bot that lets reddit users tip each other with steem and we HAVE a few already just have to market it correctly....
also Steem could erally use a twitter bot that let you repost your tweet to save it on blockchain and gets you paid for it, @share2steem.io could make this tool for twitter users , and then use steeminvite.com or https://invite.steem.ninja to send aan instant invite link once you have a tip that reaches over 3 steem so you can pay for a new account :D
I am also looking into using steem engien for twitch streamers so they can accept donatiosn cheaper than paypal for TTS and media, my goal is to get iceposeidon.live to use steem in some way, since all thsoe CX peopel are using dlive thanks to pewdiepie .... theres anotehr simple example of what ned coudl do, pay pewdiepie to post on steem BUt as part of hsi deal he has to come BACK at least 3 times in 1 month and LIVE STREAM himself UPVOTING his REPLIES on steem, so pewdiepie can give out a few dollars per comment after @nmed has delegated some SP to pewdiepie this woudl ebanoitehr SIMPEL way to promote steem without spending a dime, just use delegation and pewdiepie WOULD LOVE the idea of steem as its a decentralzied blockchain "version" of reddit where no oen can get banned or have post deleted, pewdiepie will LOVE this considering threats oif censorship of HIS content.......
Didn't steve jobs take a huge salary cut when the company was hurting. I think steemit inc almost does the opposite. Do you think it's a coincidence they don't disclose the salaries? I think not. I only blame myself, not them, for not doing enough due diligence before buying in.