While she seems not quite your typical mom (IT professional, some exposure to Bitcoin), making her warm lead from the start, this seems key:


She's finding out about steemit not directly from a personal connection to a blocknerd but from general buzz in the popular media (and then converting to a user). This may be an isolated incident, we don't know, but it is very interesting.

Who cares about transparent, clumsy, and ineffective amateur trolls? Worry about the expert professional ones that are harder to identify.

Proven false.

http://themerkle.com/ethereum-developer-vitalik-buterin-sold-25-of-his-coins/

Only 75% left to go!


Indeed.

Your posts are really quite good. I especially like this one as a 100% positive approach to reducing copyright risks rather than people going and attacking other people who aren't making the same judgements on the issue.

Your FUD mind tricks don't work on us.

Organization features like that are in development, starting I think with a feed of users that you follow (you can add users to your folllow list now, but it doesn't actually do anything).

Right now it is really just a firehose.

Downvotes effectively cost you money. Every vote (up or down) reduces your voting power which means when you downvote and then subsequently upvote something else, the positive effect of the upvote is weakened.

This mechanism is quite hidden so it may not have much effect on behavior.

Relevant comment from the ANN thread:

That users are not particularly interested in cashing out relatively small, retail if you will, amounts of SP. They may not be for many years or even decades (of course assuming the platform becomes very successful, otherwise it goes to zero and none of this matters).

Once you get into the long term, the 2 year window can be largely ignored. There is pressure to enter and pressure to exit, with price determined by the balance between them. There is no possible clarity about how that balance looks in distant future.

Witness nodes don't serve data to users. They just sign blocks. They're run locked down without any user-facing services.

User data is provided by API servers, similar to Electrum nodes. Anyone can run one. Whether that becomes a paid service (or similarly one provided by app sellers to their users) remains to be seen.

Most of the content is pretty small anyway. As discussed a few comments back, it is just text and links. Embedded media is external. The bandwidth requirements for a full node will be high due to the size of the blockchain, but one such node will be able to serve many, many users with relatively little bandwidth per user.

I support it over VitalikTualcoin yes. I own essentially none of either though. I was looking at buying some ETC as mid-term speculation when it establishes some sort of bottom. Maybe that has happened already and I missed it, but I'm not sure.

That question doesn't even make sense to me.

Some users will want to exit later. If it is successful others will want to enter. I don't know which will be the stronger force over which timescale. If it isn't successful it will go to zero.

The issue here is that both chains live. That is the outcome of a controversial hard fork (and anything that involves redistribution will be controversial nearly 100% the time). It doesn't really matter if 49% or 20% or 5% of the miners and the rest of the community support the minority chain; as long as some meaningful number of people continue to support it, the community and the coin are effectively split.

In the typical case of an uncontroversial hard fork, such as the ones you mentioned Monero having done, the original chain is abandoned and dies quickly because everyone or very nearly everyone agrees that the new chain is preferable. Nothing prevents someone, even now, months or years later, from going back and mining a version of Monero pre-HF. But no one has any interest in doing so, and if they did mine it, no one would have any interest in trading the coins they mined. That is very different from what is happening here.

Maybe when the amounts get big (successful bloggers, stars, other pros, etc.). The successful bloggers do want to promote their posts though, so they seem to often value moderate amounts of SP for its utility at least at market value, so even then I'm not sure until the amounts get quite large.

But if someone builds up a $100-200 from modest rewards on comments and posts, then they're going to take the liquid Steem Dollars as their reward and not be interesting cashing out $1-2/week from their Steem Power for the next two years. That's just not how people think. The SP is not what they see as the cash reward, the SD is.

Yes


No, they don't really pay attention to the dollar value of Steem Power or think about cashing it out. Only crypto nerds think that way.


Welcome to social media. Every single social media platform in existence consists in large part of people making their lives look better than they actually are, or occasionally posting drama for the voyeuristic enjoyment of others.

They like the idea of people voting giving rewards rather than just voting to vote. They don't really know or care about the algorithms. If they get $1 or even less on a comment they're pretty happy with it. They don't expect to make as much as the big winners on the front page are are not disappointed that they don't (but perhaps they do secretly hope to get there someday, and maybe that is indeed part of the draw).

I don't vote on their stuff in case you are wondering because my goal is not to give away free money to people I know. I'd rather see how their perceptions evolve without interference.

Some sort of summer vacation I think. I remember seeing something about it on the Crypto Kingdom IRC, but I don't know any more than that.

Way more than 1. I don't have time to search for links but maybe someone else wants to find some.


As far as I can tell the moms on the site know next to nothing about any of the blockchain and incentive stuff you call groupthink. That is certainly true of the ones I know personally. They just think it is a cool idea and fun. Whether it holds attention longer term I don't know.

I personally know >1 "moms" who have joined and are actively participating. I didn't push them to it, but I mentioned it and they decided on their own to sign up (my interest is more in seeing whether they are interested than trying to sell it). Many more are apparent on the site.

The voting circle jerk as you put it may put them off and cause them to lose interesting, but my bet would be on bad hosting and the limited feature set being bigger issues.

I appreciate your effort and I upvoted you. It doesn't mean I agree with you. I support meaningful debate and giving different points of view due consideration.

I would have done so earlier but my time on the forum is limited and by the time I come back these threads have moved far enough that I don't see the older posts.