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RE: Why Steemit, Inc. NEEDS to Increase the Community Creation Fee

in #steemleo9 months ago (edited)

If they purchase the accounts and sell them cheaper, they're losing money.

If I purchase 1000 accounts today at three steem each, that'll cost about $400. If the value of Steem rises, it still costs 3 STEEM to create a community account, but I could sell accounts for 2 Steem, and make a profit, because 2 STEEM then is worth more than the 3 STEEM were worth when the account was purchased. If steem was worth $5 each, $15 would be needed in order to create a community account, but I could sell accounts for $10. I could sell 40 of my 1000 accounts for $400, and still have 960 accounts to sell.

Do you see now how you're missing the point and just yelling at the clouds?

"But a set cost would fix that." Yes! And that's all I'm saying! LOL! Damn.

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Do you see now how you're missing the point and just yelling at the clouds?

"But a set cost would fix that." Yes! And that's all I'm saying! LOL! Damn.

No I wasnt.

Make it far more expensive than 40 cents, indeed, but a reasonable and consistent cost as well.

Thats what you originally said. Make it far more expensive than 40 cents. Raising the cost on the basis of nothing. If it only costs the network 40 cents to create a community, then keep it at 40 cents and I highly doubt it's much more than that. Probably less than 40 cents tbh.

3 Steem is 40 cents today. It doesn't cost 40 cents to create a community account. It costs 3 STEEM. 40 cents is NOT what it costs.

Raising the cost on the basis of nothing.

That cost could increase at any time. It could be 40 cents today, $4 next week. We all want the value of the token to rise, do we not? The cost of creating a community account will rise, unless it set to a fixed rate.

You're not seeing the entire picture. It seems like you're arguing for the sake of argument. I feel it should cost more than 40 cents, but certainly not 1000 STEEM like yabapmatt suggested, due to the fact that could lead to the problem you don't want to see, which is the cost being out of reach for most people. I said, there must be a happy middle ground somewhere, and the cost should be set and not tied to the value of STEEM.

You saw that I said increase the cost, blew it way out of proportion. I'm suggesting a fair cost, since there is a cost. 3 STEEM. Three STEEM could be too much and too little, all at the same time, because the value goes up and down.

Lol, I'm not blowing anything out of proportion. What you said mentioned nothing of Steem.

Make it far more expensive than 40 cents, indeed, but a reasonable and consistent cost as well.

Which is what I was replying to. That doesn't even refer to the price in Steem at all. It's just bad wording is all. Because you can't say make it far more expensive than 40 cents and then say it should be reasonable because those two statements can be contradictory if the reasonable cost was 40 cents.

You're not seeing the entire picture. It seems like you're arguing for the sake of argument. I feel it should cost more than 40 cents, but certainly not 1000 STEEM like yabapmatt suggested, due to the fact that could lead to the problem you don't want to see, which is the cost being out of reach for most people. I said, there must be a happy middle ground somewhere, and the cost should be set and not tied to the value of STEEM.

I'm not arguing at all. I was just making my point about what your original comment was. And I think we've pretty much come to the agreement on the fixed price.

But, I'm not here to argue the semantics. I think we've made our points and this discussion has gotten as far as it can go.

Good talk.

What you said mentioned nothing of Steem.

When you include the rest of the context here, including the words written in the post, and the comment I was responding to — of course I mentioned STEEM. It costs three STEEM. Three STEEM is worth about 40 cents today. That's where this number comes from. STEEM.

Bad wording, okay, fine. Your reading comprehension might need some work as well. That's life. These communication breakdowns happen online all the time. It's nothing personal.

Have a good day.

Bad wording, okay, fine. Your reading comprehension might need some work as well. That's life. These communication breakdowns happen online all the time. It's nothing personal.

That's why I said not going to argue the semantics. :P

But, take care, have a good one too dude.