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RE: TTR - Duplicitous Duplicator Dithers Deceitfully
To me a cryptocurrency get it's value mainly from how it diversify itself from Bitcoin. Steem isn't competing in the slightest as it relate to having a stable market.
BTC 24h volume : 2 559 000 000$
Steem : 928 000$
That's 2500x, or 3000x if you also account for BCH forks of BTC.
The number of SP votes on posts and is allocated reward is not a GUI feature!
Please learn a bit about Steem and commit to buying some before explaining people how it works.
PS: Another reason Steem is valuable is that it's users can post without having to divulge their real life identity.
@zer0hedge, you do realize that no one this thread views you as an expert on anything, right? Your "explanations" about how Steemit works is inconsistent with the fundamentals of how markets work. You've said things here that are terribly naive.
When you sign up for Steemit, the process pretty much drills into you the general policy that the creators don't want people creating anonymous accounts. Your denials don't make you right. They show that you are out of step.
Honestly, you really do have to share your identity, because without it, you have nothing. All that you so is copy and paste the words of others. The irony of all your hard "work" is this: the more you copy and paste, the more you show the rest of the world that you don't have independent thoughts that other people would value. That is the fate of a plagiarist. That is the fate of someone who steals intellectual property.
You must be really stupid if you think someone need to disclose it's real life identity to "have independent thoughts".
How long did it take you to come up with that?
Go tell Satoshi Nakamoto that he has nothing.