|
The steem price started to fall when synero started to be hyped (some of the hyping was done on steemit and some people actually cashed out to buy synero).
Long term I think it needs a new wow aspect to it's economy otherwise it really is just a pepetual machine of write and cash out.
|
|
|
|
|
Coinpayments.net is a payment processor that mainly uses alts. They wouldn't be in business if no-one was paying in alts...
|
|
|
|
If you guys are looking for a competitor to STEEM you should take a look at NEWBIUM. It's crypto content focused, but similar ideas of paying content providers with tokens based on attention, votes, etc
I checked Newbium - it is not very liquid - only 6$ was traded yesterday. See https://coinmarketcap.com/assets/newbium/#markets |
|
|
|
Steemit is just a new scam by promising to pay you for your content while they use your content for more traffic to attract more suckers.
Just want you to be online and waste your time in hopes of money, no there will be no money for you just for themselves.
I've made money out of it, and I think the platform has potential in a world where advertising is being blocked. |
|
|
|
I just feel like bitcoin loans are not safe right now, not even here, using escrow and a collateral seems like a safe idea but it's not 100% safe, the escrow could get hacked or just scam himself, things like this have happened before so Im not just making this up, we really need a better system for normal people
They'll never be safe. And the way Bitcoin itself works and the way it's valuation works means there's no way it's ever going to be viable. Even if all parties are honest, if there's a violent price move in either direction then someone's going to get ravaged. People should stop attempting to apply concepts that do work with fiat but just don't compute with Bitcoin. The thing is, you never know for sure until you have tried something. OP was a guinea pig for the rest of us, and we are all very grateful! |
|
|
|
I have to hold some funds on an exchange/hot wallet, because I need to have quick access to funds from anywhere in order to top up my websites.
Well use blockchain.info or bittrex to hold funds. It is always a good idea to spread your coins around as the exchanges keep failing like ninepins. |
|
|
|
It broke the critical level of 50k today.
Time to revive this thread.
I would say its justified to call it all that, a Ponzi, a scam, a pyramid scheme.
The suckers in charge doing nothing but milk it some more, taking the piss.
The price chart is following the pattern of lots of alts, in that people get very excited at the start, but when "instant" profits don't materialise, they sell to invest in the next shiny alt. We won't be able to judge whether steemit is a success till it has been going for at least a year. |
|
|
|
I read that article - are they distributing golospower to accounts with 7 steem, or 7 steempower? |
|
|
|
|
I read your steemit article: You said there would be a distribution of golospower to all eligible steemit accounts. But do the steemit accounts need to have 7 steempower, or & steem?
|
|
|
|
the lowest peg on the rung trades +3 btc/day
polo just axed MINT, HYP, PIGGY, and even the DAO (for other reasons)
but these projects are fairly ... good ... so there is no clear policy on how to remain on polo other than average +100 btc/day volume
Are you saying coin developers are simply pumping from time to time, just to ensure their coin isn't delisted? |
|
|
|
|
So has anyone actually tried the synero social network?
|
|
|
|
There is no continued rise, the dump will happen. At this moment we are all playing roulette on when it will all come down. The thing that is keeping the price up is the hype around DNM adoption.
Come Sept 1, when DNM Oasis and AlphaBay both starting using XMR... if for some reason we low volume or lower than expected usage I can see the price come tumbling down. But from now to Sept 1st everyone is riding the hype train and it is much harder to manipulate the price down.
So... Any news on this? Are volumes holding up, are people actually using this thing? |
|
|
|
To bitcoin, Bitfinex is not important- it is just one of the many many exchanges, just that it is slightly bigger. Bitcoin can continue without Bitfinex.
To Ethereum, DAO is almost everything. It is almost the only useful "application" of Ethereum. DAO hack is equivalent to an Ethereum hack. This is why Vitalik needed to hard fork ethereum to reverse the theft- to secure the Ethereum network. Ethereum is almost dead without DAO.
True, and Bitfinex itself isn't that large an exchange. The MtGox hack tanked the bitcoin price from $1000 to $100 and it has taken two years but the price hasn't quite recovered. If there was a serious competitor to bitcoin in 2014, bitcoin would have been in danger... |
|
|
|
is there a law that could confirm the report i mean if the owner bitfinex report the matter to the police the hacker can snare by law.
not to HK police where their company is registered. in short, Bitfines will no report anything because it's running an illegal forex/broker without license and first of all, the police will ask them about that... There is nothing stopping members from reporting this to the Hong Kong police. If you have lost money, you have experienced a theft - so report it, and let the police investigate. |
|
|
|
|
I think it is normal to power down when you have so much. I'd do the exact same thing as them in their shoes...
|
|
|
|
I got a canned reply to my email from Ned (2 business days to respond, pretty good actually). -----------------------------------------------------  ------------------------------------------------------ So you can see it's not a priority, "ample time" probably means weeks. If you are a hammer, the whole world is a nail... If you are Dan Larimer, every problem in the world can be resolved by witness voting... If you are Steemit with a $300 million cap, this can wait. I'd bet they will roll out some super-complicated "delegated voting" solution... Though my account was funded by a specific BTC account... and I can PROVE that I own it in 60 seconds. Sigh. Is that "ample time" to respond to the content of your email? In other words is that a form letter that has been sent by bot? Or do they really believe it will take months to release accounts that should never have been frozen? |
|
|
|
|
Day 5 and Steemit still haven't found a solution about how we are to retrieve our compromised accounts.
They were supposed to have a solution within 48 hours - it's now nearly a week. Doesn't say much for their competence - really really sucks.
If it was a tiny amount in the account, I guess I'd let it go - but it's not. What do people suggest I do? Time to report them? Does anyone know which jurisdiction they are in?
|
|
|
|
My account was in the first round of hacking - but looking at it, it looks fine. I just can't log in with my master key.
From what I understand, someone posted a page with an XSS exploit - and anyone who browsed that page became compromised. My account got frozen on Friday (the first round). So I think I'm OK if only I could figure a way to get back in.
I think they are doing a hard fork at 15:00 UTC today and hopefully that resolves things.
Try after the fork, and there will probably be more announcements, but as I understand it at this point, you need to contact steemit support and they will help you recover the account. They're not responding to emails, but I think that might be because they are inundated. Hopefully they'll allow access via Reddit after the fork. Well the hard fork came and went, but I still can't log in. This is Day 4 of these shenanigans. Not good. Excuse me, what happened after the hack? Did you change your passphrases? -east They froze some accounts (including mine) because they think they might have been compromised - as a result the master password doesn't work. But they haven't figured a way of allowing us to retrieve our accounts and change our passwords. So am locked out! |
|
|
|
|
Show Posts
