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RE: Some thoughts about projects on Steem
I like watching some of the more shady vulture types cash out their stake. They don't realise it ain't so easy coming back most of the time!
I like watching some of the more shady vulture types cash out their stake. They don't realise it ain't so easy coming back most of the time!
I think a lot of these "vultures" are already having a problem now with their profits... since not much steemians are ready to venture their hard earned money and buy votes from them when the ROI is shit which is below than what they invested. One thing that could help a user is to invest more on their SP and that is what every Steemian should do to help boost Steemit´s ecosystem.
I have always been associated m astonished that they can offer a negative ROI and people still flocked to pay for their services. Good riddance to them
I mean it's paying for advertisement which should be okay if you think it's worth the trending time, but even better would be if the owners of the service take no cut thus giving all of the profits to the delegators, i.e. SP holders and making SP an even stronger investment for those looking to sell votes.
It's not like they work that hard daily to earn the cuts they take.
Yeah it's the cut. The eye should firmly be on keeping the value in locked up steem. I guess a lot of them will learn though. It's certainly a different looking market these days!