I think you need to find some way to reduce stress levels, even while not avoiding stress-inducing situations (avoiding them would be ideal). I don't know what it will be, or what it will suit you, but it's definitely a time-investment that will pay off in your overall healing.

Interestingly, when one is seriously ill, the mind usually goes into a "I-don't-give-a-fuck-about-anything" attitude. You can hear it in a patients voice, whether they are in a hospital bed, or at home with a flu. The automated mentality-adjustment is done in order to decrease stress, which normally acts as an immune suppressor (and body-repair suppressor).

Where's the upvote button when you need it

Huobi 666.53

I wasn't implying that. All psychosomatic disease is very real. The psycho-part is just related to the cause. It's not meant to say that it is an imaginary problem.

"There is now sufficient data to conclude that immune modulation by psychosocial stressors and/or interventions can lead to actual health changes. Although changes related to infectious disease and wound healing have provided the strongest evidence to date, the clinical importance of immunological dysregulation is highlighted by increased risks across diverse conditions and diseases. For example, stressors can produce profound health consequences."

https://en.wikipedia.org/wiki/Psychoneuroimmunology

In your case, the problem, after the ulcer, was healing the affected parts. If the underlying psychological issue that triggered the ulcer was/is still there, then the process of proper healing of the affected parts is also affected.

While I think changes will be coming at some point, to tune the economy, I also think that the rule which says "Simplicity is key" will again be overlooked. What they are trying to do is admittedly complex and trying to make it work while also making it simple (-if it's even a goal-) is not an easy task. However it's what will be required of them and whether they are up to it or not, may decide -in large part- the degree of success the platform has. As you say, small things can make a difference.


I was wondering what BTC does and googled it... If the link's data is accurate, I think RL wealth concentration affects even bitcoin to a very large degree.

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

~20% of BTC marketcap is in addresses with >10k+>100k coins.
~22% of the marketcap is in addresses with >1k coins.
~23% of the marketcap is in addresses with >100 coins
~26% of the marketcap is in addresses with >10 coins

So 100+ coin addresses get 64% of the total distribution and 10+ coins addresses get 91% of the total distribution. I was kind of expecting it, but I wasn't really expecting that the addresses would be so consolidated. I thought there would be a larger degree of obfuscation with people using more addresses.

I cannot take any credit for what you earned with your writing. I simply told you to register to bitch about Steem + get paid (unlike bitching in bitcointalk where you don't get paid ).

Speak your mind freely, I have no issue.

When I say the concept is valid, I mean the broader concept of people getting paid for their contribution.


Ok we'll have to disagree on that one.


My only investment so far has been time. Although I'm tempted to throw a few Bitcoins at it when the price is becoming attractive in order to multiply my SP, that would interfere with my experiment to see what I can do with that account without paying for it. Perhaps I might invest in another account so as to have it separate. Anyway I'll see what I'll do if the price goes towards the range I want.

What I'm often thinking is that one weekly power down revenue (in BTC) from a whale, in mid-July, would now buy them back all the SP they have powered down ever since. If, say, you sell 10.000 STEEM x 0.007 = 70 BTC. With 70 BTC you now buy back 233.333 SP. I mean the same applies to me as well - but obviously on a much lower scale in terms of numbers, but the analogies are similar.


I believe most disease is psycho-somatic. I have cured myself of things that I do not want to really expand, but anyway let's say they were extremely life threatening and 100% of the medical establishment would say that I required multi-thousand $$$ treatments.

I consider the human potential to be extremely high, but whether that potential is realized is contingent on what my conscious mind thinks and what myself does. If I accept medical help, my subconscious observes that act and registers that I am unable to self-cure myself. Thus I needed to prevent my subconscious from registering a subconscious admission of defeat. Let's say that I played multiple life & death gambles and I won. I trusted myself and I triumphed over my "problems".

What I can give you, is one tool that is extremely effective, even if it is deceptively simple: Focus on the word LIFE. Feel it. Repeat it. Feel it all the time. LIFE. LIFE. LIFE. Keep the concept of vitality in mind. "LIFE, LIFE, LIFE". Feel the words. Keep doing it. Close your eyes and do it for as long as you feel comfortable.

This is an extremely potent technique that can even deliver instant results.

Eh, not from July 9th - you are talking somewhat later (say 10 days?) when price per STEEM and marketcap went 10x.


Your (investment) experience is such relative to the price spike. The experience of an investor that came prior to the spike (say early July) is different. Inflation has not been a problem for him, and he has a profit - despite the halving of the price.


Perhaps if I see a real life example I might be convinced.


Yeah, and the trolling that goes like "ohhh the whales are powering down, O M G, they are dumping millionz", would now be about the powerdown of the ex-minnows that now cash out the same SP

The "wealth distribution" most are complaining about is how to get free SP and cash them out. They don't care about shares. And even if you give them 1/104th to power it down per week, they'll take it.

All coin distribution will eventually gravitate towards a centralized distribution because that's the reality of the economic substrate (real life wealth distribution that affects holdings in the stock market, real estate, precious metals, even cryptocurrencies).

If Steemit Inc magically converted all Steem Power to Steem and gave it away to the users, most users would say "oh free money, let me cash them out" and that distribution wouldn't hold for more than a few days as investor-whales pick up the amounts dumped from the minnows.

There is some level of hypocrisy from the lower players when they are so concerned with the distribution but at the same time they are also concerned about price. They aren't *really* interested in having a bigger slice, but they complain nonetheless. What they are more concerned is dumping (which is ok) hence the price complaints. If you are looking to buy, or even cost average, you don't complain. Or you do (to create sentiment and buy even cheaper ).

The small guy is usually the guy with financial needs that are waiting to be covered by crypto-gains. This means he cannot risk exposure to anything that can lose its value. The safe strategy for him is to sell. So most of the distribution arguments are invalid. Most altcoins have developed a centralized pattern in terms of holdings over time, whether it is litecoin, dogecoin, etc. Small guys sell, big guys buy. It doesn't matter how these coins were launched, but the top wallets typically end up owning >50% of the currency.

I am positive because the idea is based on a solid concept. I do have asterisks though that bother me, and I've repeated them over time

- simplicity should be a goal (it's still too complicated, or where complexity is obfuscated, misunderstood)

- the closed loop economy should be fixed in some way. When I first said that, I hadn't really contemplated the possibility that advertisers might want to buy SP to create ad accounts with ad posts, so when I did, I realized the loop wasn't as closed as I originally thought. Advertisers buy SP and then upvote their content to visibility. Then I re-assessed that this model would be DOA due to flagging, so we are back to square 1.

- reward scaling (bloggers increase necessitates marketcap increase to keep rewards stable). This is a major issue that I can't see getting fixed without external revenues.

- ease-of-use in essential features. For example, you can't have a blogging platform and need to go to external editors to have a nice result in your posts. That's not acceptable. In general the small essential features that are needed in the platform are added at a very slow pace. I understand that price is something that is in the influence of the "markets" but there are things that can be fixed by working on them. Perhaps the team needs more devs.

I think the real revelation of what Dan created is that most people are clueless in maths. There is no insane inflation if you hold SP and Steem inflation doesn't affect you. Except perhaps indirectly, by the perception of those clueless enough to think that price direction matters, when all that matters is My_Holdings X Price.

If My_Holdings go up 3-4 times and price goes down 2-3 times, I'm in the green.

According to coinmarketcap.com, in July 9th, price was 0.0006 and marketcap was 30mn. Right now price is ~half, at 0.0003, and marketcap 38mn.


But it is not necessary to increase. That's the thing. As I said in an earlier post, assuming price is stable, in a couple of years 1k USD worth of SP that I have right now, will be 2mn USD.



I don't "think" that's the way it is. It is pure maths.

If someone said to you, do you want 10 steem worth 1000$ each, or do you want 100,000 STEEM worth 1$ each, would you take the total of 10k or the total of 100k? Does the price matter if the price is 100 times lower? No.

The reward pool is based not only on the individual price of the token but also in the numbers issued of it. Essentially the reward pool is based on the marketcap, not the price of Steem. The reward pool for authors could be 1000 STEEM x 10$ for a 10k USD per day total.... oooor, or it could be 100,000 STEEM per day at a price of 0.1$. It'd be the exact same thing.

As for the price decline, I think all the "sentiment" is because the price spiked and then it got down. However, over the long-run, Steem is going well.

What's of actual importance to investors is the closed-loop economy, in other words the viability of the system to generate revenue instead of being a perpetual drain in their pocket.

The 10% system that you propose is good, not in actual terms, but in things affecting people perception. But then there's the lack of incentive to hold SP. The system may need a redesign in that aspect.

It's impossible that this wasn't already considered during the design. We are not given multiple hundreds per cent per year in SP for the lolz. If that happened (increasing SP), and if the price didn't drop, it would be a sure-bet where everyone simply multiplies their money, 300-400-500-600% per year.

The fact that in a year I'll have, say 20-25k SP instead of 5k, is an admission that the price will be diluted and the investor will be compensated with more SP.

They could have made it deflationary, in the sense that there is a fixed pool of shares and all users pay over a year 10% of their holdings in order to pay witnesses, content, etc. But then you'd have accounting issues with exchanges and people saying they lost coins. But it would be the same thing more-or-less, except for people's perception that "we are going doooooooownnnnnnn".

The current design isn't without problems either: I don't think the reverse split option in a couple of years will be without a hitch. Doesn't this create problems for investors, exchanges etc? You'd have to completely rename the token for all people to be (forced to get) in sync and don't do something stupid like thinking "oh price is unbelievable right now (after the reverse split), let's sell". But that's ahead of our time.

Price speculation is one part, but there are also the fundamentals. What's the ETC use in the real world? What is its network effect? What about ETH-dominating-the-market uncertainties ? What about uncertainties that other smart-contract platforms will do what ETH/ETC can't effectively do without creating multiple clusterfucks?

Of course we can "speculate" that one day ETC might be useful for something, but STEEM is already proving its usefulness *right now*. People are writing, people are getting paid *right now*. The speculation regarding STEEM is not whether it'll ever be useful for something, but how much it will scale.

ETC has a marketcap 2.5x compared to STEEM and nobody knows if it will ever be used.

Yes, we can say ETC (and ETH) are much more speculative. But the fundamentals will eventually catch up. Not necessarily through the price of STEEM going through the roof, but through a combination of a large number of coins x a small value, producing a high marketcap. That's also the bottom line for SP holders. If price per STEEM goes down 2 times and their SP goes up 4 times, they are in the green.

The price will drop, otherwise I'll become a zillionaire with my ...5k SP



The above is a calculator that I made in order to estimate the rate of inflation in my SP (which presumably is 9/10ths of the total inflation). I watch how much SP I have in a certain time period, then in another, then check the seconds elapsed and I have both the rate and the extrapolation into the future (based on compounding by the second). I then added a curation calc (SP+curation income) / a blogging calc (SP+cur+bloging income), and a curation-standalone.

I put my blogging performance or my curation performance and it extrapolates how my SP will be affected based on the current rate of what I'm making. Blogging is unreliable but curation is less so. SP growth is also unreliable in the long term (it should drop). But anyway, running rates are pretty high.

I have ~5k SP, and based on current SP growth and curation efficiency, these should be ~13k in 6 months and 35k in 12 months (with the current rate). Now if 5k SP goes to 35k, that's 7x. (+594%). So, if, say, I have 1k USD usd, that will make it 7k usd - if the price just sits at 20 cents.

People are not getting paid all these SPs for fun. It's because there is plenty of dilution going on (if I'm getting ~14.5% in SP growth then the monthly rate of dilution should be ~16%)

The bottom line here is that I can't focus on the price. I can only focus on what I'll have (holdings x price), because the holdings are going upwards due to inflation, curation and blogging - and all the while these are all compounded by their continuous increase and this means that their numbers, over the long run, become astronomical. My 3 year ROI is +73000% based on current rate of SP growth alone, and +232000% if I co-factor curation. In the 232k %, my 5k SP would be ...11.73 mn SP in 3 years which at a price of 0.2$ would fetch me .... 2.35mn USD

These astronomical numbers obviously necessitate a devaluation of each steem as a unit.

However, as a marketcap, the situation is different. In my view, as far as cryptocurrencies go, there is nothing that can convince me that Ethereum is more useful than Steem. I can't see any reason whatsoever on why Ethereum should have a marketcap multiple times higher than Steem. Of course there are big institutional whales behind it, which is THE reason, but the fundamentals regarding its actual use cannot compare with Steem - which has actual, real life use. Either Ethereum should crash, or Steem should go higher. The price is not reflecting the fundamentals which should be reversed. Steem should have a higher marketcap than ETH - no matter how that is achieved.

I don't have an ethereum wallet, but I'm wondering whether this thing is prunable or something...

The only way TPTB can be defeated is by the rise of consciousness. And I don't mean that in terms of people having a better political awareness - but something more radical: The transformation of the human species into its successor species.

Ape + (merging of) higher intellectual capacities ===> new species of humans
Human + (merging of) higher spiritual capacities ===> new species of humans v2.0 or "God-humans".

The reason why TPTB cannot be defeated is because their role is programmed into this reality domain to act as catalysts for the emergence of the God-human. Without the environmental triggers, the transformation cannot occur.

In more practical terms, digital money was a long-term goal for the Elite because they could control people like never before. They could track all buying habits as well as be able to switch off any individual they wanted. You don't play by our rules? We shut down your ability to transact. This was probably going to be implemented around the 2020 timeframe.

Enter bitcoin. Bitcoin pre-empted, to some degree, this nightmarish future by giving people an alternative (non-centralized) form of money. Bitcoin, by its very existence as an alternative to a 100% controlled money system, has been a success because it shows that it is possible to use alternative, non-centralized currencies. This means that the kill-switch option of the Elite, regarding individuals, would trigger mass reaction and adoption towards alternative decentralized currencies - because that option now exists.

I think the Elite can easily kill Bitcoin but they won't (unless the timing is right for them), because by doing so they would be catalyzing the next iteration that shuts down the attack vectors used.

In the meantime, and while we haven't yet reached the nightmare scenario of being controlled by a global electronic money system of the Elite, we can take advantage of Bitcoin and altcoins to bypass the high level of banking fees, which is another way of impoverishing the people: If you take 1-2$ for every 100$ moved, then by the time these 100$ have moved 50-100 times between people, you've also pocketed (as a bank) the starting amount equivalent in fees.

Indeed. By the way, three months ago price was much higher, but the global rank of Steemit, as a site/platform, was far lower. In other words the fundamentals have improved:



Now it's broken the top-10.000 sites and, in fact, a couple of weeks ago it was 9900something when I made an article on it. Now it's nearer 9000.

If member = slutty, then rep = rep + 10

Now I saw something and I'm genuinely surprised.

https://steemit.com/@techslut

Reputation: 70

Is this normal? I mean even https://steemit.com/@charlieshrem is 69 despite the massive upvoting.

If you had it high, it would confirm.

https://bitcoinfees.21.co/

I'm seeing something like a small bug in curation in a whale unvote case, but I may be wrong. If anyone can explain it, I'm all ears.

https://steemit.com/@canadian-coconut/curation-rewards

9 hours ago   Curation reward of 20.492 STEEM POWER for jasonhommel/80-bad-assumptions-of-mandatory-vaccine-advocates

That's quite a bit, and she got near the top of the curation list: https://steem.li/curators

Now, the post of jasonhommel, had only 45$. How could canadian-coconut score so big with her tiny vote?

Researching a bit on it:

https://steemd.com/@jasonhommel

...it seems like

jamesc upvote @jasonhommel/80-bad-assumptions-of-mandatory-vacci… 1 day ago
jamesc un-vote @jasonhommel/80-bad-assumptions-of-mandatory-vacci… 1 day ago
jamesc upvote @jasonhommel/80-bad-assumptions-of-mandatory-vacci… (21%) 1 day ago

But looking at jamesc profile: https://steemd.com/@jamesc

...he got no curation reward.

I've seen the message during unvoting that it resets the curation reward, but I thought if you click upvote again, you just re-enter the curation reward pool (later in the queue) - not that you are eliminated from it (?).

Am I missing something or is it a bug?