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https://steemit.com/@steemit/transfershttps://steemit.com/@ned/transfershttps://steemit.com/@dantheman/transfersThose are steem founders's wallets, they own a shit loads of steem yes i know. They own about 80% of steem . You know what's funny is that they tell you to power up but they are powering down all 3 accounts and cashing out $2 Millions every week. And fools on poloniex are buying up all the steems hahah and best of all the founders's money is growing extremely fast so they have essentially set up a system where they could cash out $2M every week for life until the ponzi come crashing down of course but these devs are fucking geniuses. It doesn't end there though, they have designed a system where they have so much voting power compared to everyone else that they decide where the pool's money is being allocated, so if they want to pay themselves and their buddies they can do it just by a mouse click. They can also create sockpuppets account and vote for themselves.It's like a fucking cartel, they are the first crypto mafia. They also get to decide what goes on the front page so obviously they chose to upvote boobs and steem praise, there is nothing better than vagina to prop up a massive bubble. In 3 years all the new steem power that was created out of thin air to enrich the devs will be detroyed at a ratio of 10 to 1. So if you have 10 SP they will burn 9 from you and everyone else including themselves, But they don't care becasue in 3 years the devs will be in their private yacht sipping mojito with lots of bitches while you will be powering down but it's gonna be too late my friend. And you know what they say when you ask but why are you destroying 90% of my wealth in 3 year? They say don't worry hopefully the price will increase to make up for it rofl It will not because they would have crashed it to pay for the yatch lol RIP steem power holders. http://thestringpuller.com/2016/07/a-steeming-bubble/ How can you tell they are powering down? Is there something in the interface that alerts that or are you tracking the growth of their SP? click the links above, you will see it says "The next power down is scheduled to happen 2 days from now." If they didn't power down nothing would be shown there
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In 3 years all the new steem power that was created out of thin air to enrich the devs will be detroyed at a ratio of 10 to 1. So if you have 10 SP they will burn 9 from you and everyone else including themselves,
And you know what they say when you ask but why are you destroying 90% of my wealth in 3 year?
This is incorrect. Please stop repeating this lie. I explained to you already in the other thread why this is wrong. The rest of the OP was factual. Whitepaper says : In order to compensate for the ever increasing precision, the STEEM network performs a 10:1 “reverse split” every 32,000,000 blocks (about 3 years). what part of that did you not understand?
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Looks like you have a valid point we'll now wait what the admins and the devs has to say on this\
Admins and devs are not going to come because there is nothing to say. What is in the OP is fact
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Do me a favor and go look at wallet transaction history, it's a sockpuppet festival, steemit, steem1, steem,etc...
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Where are the devs telling us what to do? The only directions I received from the devs is to change my passwords so they are harder to brute force. If there is something else that we should do, then please post a link, and I will upvotes you so that you are fairly compensated for posting the link for me (that's how the future works). You can't "power down" before you've "powered up" silly. Don't forget that long time bitcointalk Hero Smooth owns millions of dollars worth of STEEM earned simply for a few weeks of Bitcoin mining in 2016. He has many accounts like this one cashing out hundreds of thousands of dollars weekly thanks to the Larimers. https://steemit.com/@smooth/transfersSmooth is a friendly mega STEEM whale millionaire who has more money than Marc the Lambo ho In a ponzi scheme only early adopters benefit from the scam, no different here. No different here from early investors in Apple/Microsoft/Google shares. These companies's buisness models were sound which is why some investors originally invested. Steem has not a sustainable business model as demonstrated in OP.
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So many keyboard warriors on here that will never write a line of code or contribute to society. You should be happy to see actual developers, such as the ones that created the steemit EXPERIMENT, make a few bucks. They are trying to get crypto blockchain technology out of the basements and garages.
A few bucks? lol dude what are you smoking? They are cashing out a few million bucks every week. They have been powering down continually for months, while everyone else is powering up so that they can sell at the top every week These blockchain experiments are worth a little more compared to working entry level jobs. Paradigm shift anyone? When someone puts in work, which users are clearly appreciating, how does one quantify a reward? Do you dislike all "rich" people who have changed society as we know it? Not talking about politicians either! What's stopping you or any other keyboard warrior critic from making their own blockchain to push crypto forward? Claiming someone makes too much money is extremely socialist or from this new entitlement age. Think bigger and realize technology evolves, hence the reason they typically use version numbers. You don't understand the point. I have nothing against rich people. My issue is that the devs are telling everyone to power up while they are powering down, isn't it paradoxical? This system is flawed and totally unsustainable, that's why the devs are cashing out. I don't support scams sorry Bold statements should be backed up by some proof. Care to explain? Steem, while it may not be perfect etc... is attempting to attract people with no crypto knowledge. This goes beyond simply sending a token from a to b that the general public could care less about. Don't be part of the problem on this forum and yell scam, think bigger and try to theorize ways to improve honest projects. Was Microsoft Windows perfect with it's initial release? Obviously it's still not perfect, so should MS just close up shop? Getting back to the comment about pulling in "millions," these developers have bills to pay and should be rewarded for their work. Simple economics shows if xy company is pulling in "millions," why not fork a crypto project and make it perfect within your vision creating competition? The devs owns 80% of all steems in a system designed to enrich the rich. There is nothing to improve I'm afraid.
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Where are the devs telling us what to do?
The only directions I received from the devs is to change my passwords so they are harder to brute force.
It's hard to say with the amount of sockpuppets they own.
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iamnotback got bribed by the steem mafia, he used to speak against the scam but now he is promoting the pyramid scheme.
Lol, for a one week old account you know too much! lol 28/28 of your posts are about STEEM, thats what I call dedication! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I prefer not to engage with SP holders, you will have to troll somebody else sorry! ignore list check
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So many keyboard warriors on here that will never write a line of code or contribute to society. You should be happy to see actual developers, such as the ones that created the steemit EXPERIMENT, make a few bucks. They are trying to get crypto blockchain technology out of the basements and garages.
A few bucks? lol dude what are you smoking? They are cashing out a few million bucks every week. They have been powering down continually for months, while everyone else is powering up so that they can sell at the top every week These blockchain experiments are worth a little more compared to working entry level jobs. Paradigm shift anyone? When someone puts in work, which users are clearly appreciating, how does one quantify a reward? Do you dislike all "rich" people who have changed society as we know it? Not talking about politicians either! What's stopping you or any other keyboard warrior critic from making their own blockchain to push crypto forward? Claiming someone makes too much money is extremely socialist or from this new entitlement age. Think bigger and realize technology evolves, hence the reason they typically use version numbers. You don't understand the point. I have nothing against rich people. My issue is that the devs are telling everyone to power up while they are powering down, isn't it paradoxical? This system is flawed and totally unsustainable, that's why the devs are cashing out. I don't support scams sorry
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iamnotback got bribed by the steem mafia, he used to speak against the scam but now he is promoting the pyramid scheme.
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You can't "power down" before you've "powered up" silly. Don't forget that long time bitcointalk Hero Smooth owns millions of dollars worth of STEEM earned simply for a few weeks of Bitcoin mining in 2016. He has many accounts like this one cashing out hundreds of thousands of dollars weekly thanks to the Larimers. https://steemit.com/@smooth/transfersSmooth is a friendly mega STEEM whale millionaire who has more money than Marc the Lambo ho In a ponzi scheme only early adopters benefit from the scam, no different here.
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So many keyboard warriors on here that will never write a line of code or contribute to society. You should be happy to see actual developers, such as the ones that created the steemit EXPERIMENT, make a few bucks. They are trying to get crypto blockchain technology out of the basements and garages.
A few bucks? lol dude what are you smoking? They are cashing out a few million bucks every week. They have been powering down continually for months, while everyone else is powering up so that they can sell at the top every week
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https://steemit.com/@steemit/transfershttps://steemit.com/@ned/transfershttps://steemit.com/@dantheman/transfersThose are steem founders's wallets, they own a shit loads of steem yes i know. They own about 80% of steem . You know what's funny is that they tell you to power up but they are powering down all 3 accounts and cashing out $2 Millions every week. And fools on poloniex are buying up all the steems hahah and best of all the founders's money is growing extremely fast so they have essentially set up a system where they could cash out $2M every week for life until the ponzi come crashing down of course but these devs are fucking geniuses. It doesn't end there though, they have designed a system where they have so much voting power compared to everyone else that they decide where the pool's money is being allocated, so if they want to pay themselves and their buddies they can do it just by a mouse click. They can also create sockpuppets account and vote for themselves.It's like a fucking cartel, they are the first crypto mafia. They also get to decide what goes on the front page so obviously they chose to upvote boobs and steem praise, there is nothing better than vagina to prop up a massive bubble. In 3 years all the new steem power that was created out of thin air to enrich the devs will be detroyed at a ratio of 10 to 1. So if you have 10 SP they will burn 9 from you and everyone else including themselves, But they don't care becasue in 3 years the devs will be in their private yacht sipping mojito with lots of bitches while you will be powering down but it's gonna be too late my friend. And you know what they say when you ask but why are you destroying 90% of my wealth in 3 year? They say don't worry hopefully the price will increase to make up for it rofl It will not because they would have crashed it to pay for the yatch lol RIP steem power holders. http://thestringpuller.com/2016/07/a-steeming-bubble/edit : Dan has deleted transaction history on one of his account. https://steemit.com/@steem/transfersMoney senta few days ago from https://steemit.com/@steemit/transfers is not showing as received on the steem account like it usually does. I don't know exactly why he doesn't want us to see the transactions but it looks like he is trying to hide something. Fishy edit 2 : As predicted Steemit founders cashing out big time, they have been crashing the price from 5$ to 0.8$ and they are gonna crash it to pennies until there are no more investors to milk from. https://steemit.com/steemit/@magnebit/steem-price-is-being-pushed-down-by-1-person-speculation-on-why-and-where-it-may-end-upRIP steem power holders
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- Basically what I mean by this is that posts of higher quality generally gets more votes than those of lesser quality.
The problem is that dan, ned and smooth decide what a quality post is. And so far they have decided that boobs and steem praise is a quality post. So if you want to make money on steem you need to post a video of your gf in bikini on the streets handing out steem flyers.
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Some people boasted about 10,000 people using Steemit but, judging by the pending payouts, almost all the activity is $0 / "freemium users". Getting a force of 10,000 out is sizeable in the crypto but it makes it nowhere as popular as Bitcointalk dotorg and isn't indicative of viral adoption.
As I've said before - Reddit clones have been tried a dozen times before and none end up viral.
You must be high or retarded if you think the hard data recorded on an immutable block chain is not indicative of viral growth: https://steemle.com/charts.php https://en.wikipedia.org/wiki/Ad_hominemThis guys resorts to logical fallacies when he gets owned. Steemit is 10,000. Even that GetGems stuff, which was a clone of Telegram, had over 300,000+. I've been looking at Alexa Rank and Google Trends, Steemit is nowhere as popular as other Reddit clones like Voat. People will realize shortly there's no people coming onto Steemit (other than crypto regulars and a few friends) and that's when the capitalization will tank. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Of course. What would one expect from paying people to join. That isn't a virally driven activity done out of one's own desire to join and contribute. It is analogous to bribing your sister to do your homework for you. As soon as she is done with your paid job, she gets back to doing what she loves doing normally. That's a good point. You can see it already in the comments, there is no discussions going. Most thread are literally ghost towns. Only the mafia approved thread gets a bit of conversation.
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