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RE: Experimental Crowdsourced Steem Metrics Report for 18th November 2016
I can't offer anything in the way of analysing metrics but I am trying to generate interest in the idea making Steem available to buy via Paypal. This will allow us to channel far more capital into Steem and minimise any price fall resulting from the 'hard fork'. At the risk of breaking etiquette (I've only been Steeming properly for the past week) here's a link to my blog post about it. (Sadly not much interest yet...) https://steemit.com/bitcoin/@nikflossus/3-bringing-paypal-into-the-mix-and-making-our-own-market
AFAIK Paypal prohibits exchange of electronic currencies using their payment system. I'll still power you up though :)
Yep I was aware of that. That's why my plan has a solution. Paypal transfers are donated to Steem rather than exchanged. A donation is then very very very likely to be made in the opposite direction, perhaps from a separate account. Remember Paypal's preferences for making their platform profitable are not our sacrosanct rules. If we thought in those terms we'd still all be stuck on Facebook. All new markets begin like this. The key issue is refining the process to minimise risk. Also, thanks for the power up!
Paypal is notorious for suspending even non-profit accounts out of the blue, I am not sure risks can be controlled here.
Fair enough. I'll take that into account with my next post on the issue. Commerce however (for this is what this matter really comes down to) is notoriously difficult to control. If people want to exchange goods and services it's almost impossible to stop them.
As I said to @cryptofiend, where there's a will there's a way...