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61  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Steemit.com - How does one actually monetize their content on the site? on: July 28, 2016, 08:07:15 PM
--snip

For someone who already made something for posting there, how are you guys paid? Or how does the system actually work? I'm genuinely interested on starting right now to hone my writing skills and possibly getting something out of my articles.

When your post earns, you are paid-out 12-24 hours after post. The people that have up-voted it get a cut(20-30%(i do not remember exact percent) off the top) and the remaining amount is split up and "sent" to your wallet. 50% you are able to cash-out immediately in the form of SBD(STEEM Backed Dollars), SBD can be transferred to Poloniex, or Bittrex and traded for bitcoin immediately. The other 50% goes into your "Steem Power". Steem Power can be cashed out over 2 years of weekly payments. Having a high amount of Steem Power is what causes peoples "up-votes" to be worth more than others. New accounts that barely have any Steem Power, cannot even up-vote $0.01 value on a new post.


edit: here is a link to the main thread. https://bitcointalk.org/index.php?topic=1466593.0


This would be pretty more interesting if there wasnt for that insane 2 year long weekly payout period, makes you question the very structure of payment they have.
It's definitely an interesting project, but i wouldn't keep my breath on expecting it to be one of the new most popular platforms, i don't see it as a likely turnout.

Yeah the 2-year thing throws some people off, but like I said, 50% is paid in SBD which is instantly transferable to exchanges. It has been said the logic behind Steem Power, and the 2-years of weekly payments(a little less than 1% each week), is to keep liquidity down. Also does not allow people to dump (as)huge amounts on the exchange.
62  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Steemit.com: Blogging is the new Mining on: July 28, 2016, 06:21:16 PM
Hi,

This probably might have been addressed before on the thread. It seems it's not possible to delete an article (with up votes and comments). In this case I intend to edit the article and empty it ... Do you think that's a good idea? Do you have any other suggestions?

Thank you.

You can edit out the content up to a certain amount of time after it is posted, but the original version will always and forever live in the original block it was posted to blockchain on. The editing is just front-end stuff on steemit website. Posts cannot under any circumstances that I know of be erased.
63  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Steemit.com - How does one actually monetize their content on the site? on: July 28, 2016, 06:10:51 PM
--snip

For someone who already made something for posting there, how are you guys paid? Or how does the system actually work? I'm genuinely interested on starting right now to hone my writing skills and possibly getting something out of my articles.

When your post earns, you are paid-out 12-24 hours after post. The people that have up-voted it get a cut(20-30%(i do not remember exact percent) off the top) and the remaining amount is split up and "sent" to your wallet. 50% you are able to cash-out immediately in the form of SBD(STEEM Backed Dollars), SBD can be transferred to Poloniex, or Bittrex and traded for bitcoin immediately. The other 50% goes into your "Steem Power". Steem Power can be cashed out over 2 years of weekly payments. Having a high amount of Steem Power is what causes peoples "up-votes" to be worth more than others. New accounts that barely have any Steem Power, cannot even up-vote $0.01 value on a new post.


edit: here is a link to the main thread. https://bitcointalk.org/index.php?topic=1466593.0
64  Economy / Auctions / Re: Signature space - Staff - Legendary member - 6200+ posts - around 50 posts/month on: July 28, 2016, 05:34:38 PM
Does the winner get a chance to reup their advertisement or do they have to win another auction each month?
They have to win the auction each month.

Would you be willing to use a steemit sig with a ref-link attached? Possibly like the one I am wearing now?


If so I bid 0.1 BTC. If not, good luck with your auction.
65  Other / Archival / Re: [ANN] [PEEP COIN] GUARANTEED VALUE - FREE ICO!!! on: July 27, 2016, 12:15:48 AM
each coin is worth $1, however all coins will be rolled out for free...

That's not how any of this works.

Could not say it better myself.
66  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Steemit.com: Blogging is the new Mining on: July 21, 2016, 07:50:24 PM
can someone give me an ELI5 on how to earn steem with posting?
  • Create good, original content.
  • Hope that someone with a decent amount of Steem Power finds your post and appreciates it.
67  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Steemit.com: Blogging is the new Mining on: July 21, 2016, 05:31:10 PM
thank you for this kind reply mate cool video tutorials on how to withdraw eearnings
good job hope I can also have that amount is that your video?

im glad to help.
no its not my video.
im @nippel66 'Wink
just curios sir if you can help me to understand the concept seeing the price rise up of this coin annoyed me and make me curious how it works I seen from the previous reply that registration is disabled or not working as now so the only way to get the coin is buying it right? so when do we expect the registration to be open again? thank you


Accounts can still be created directly on the blockchain. I think it costs 5-10 steem or something like that. Accounts can also be mined. A normal cpu should find 1 POW in a day which will also create the account for the person.
68  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Steemit.com: Blogging is the new Mining on: July 19, 2016, 04:52:14 AM
Steem is now added to poloniex.

https://poloniex.com/exchange#btc_steem
69  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Steemit.com: Blogging is the new Mining on: July 18, 2016, 07:44:34 PM
I mined some and have some steempower now. If I sign up on steemit.com how do I associate that balance with the account? And is there a section on steemit.io or any posts on steemit itself that cover these sorts of things? Thanks in advance.


You can just use you account name and key to login but this is not safe. If you change your posting private-key to something different than your main key, then you can just login with your posting key, but will not be able to access the wallet on steemit, only post and up/downvote.
70  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Steemit.com: Blogging is the new Mining on: July 18, 2016, 04:00:46 PM
@smooth: Thanks! Yes, I meant the restricted license with "not open source".

Now, if the content is saved on the blockchain, then I think everything published "on Steem" will also be displayed on steemit.com, am I right?

Other thing that isn't totally clear to me is how accounts are created. On Steemit you must give a Facebook or Reddit account to prevent bulk account creation. How is this restriction be implemented? If you are running a regular Steem client, couldn't you simply create new addresses/accounts with the Steem client and then vote all your content up? Or does the Steem client itself check that the reddit/facebook profiles exist?


It costs 10 STEEM(might be 5 now), to create an account with steemd. When you "sign-up" with FB or reddit, the site uses some of its STEEM to create an account for you. You can also "mine" an account, the first POW you find creates your account.
71  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Steemit.com: Blogging is the new Mining on: July 16, 2016, 08:43:53 PM
I thought steemit.com is disabled while its upgrading server.

How was it that a bunch of other people were able to login and to post?

I've attached screenshots to show you.

https://drive.google.com/open?id=0B00b0fnj6k21d2wzS2FKaEp1WFk
https://drive.google.com/open?id=0B00b0fnj6k21M0EyckpzN1B3YWs
https://drive.google.com/open?id=0B00b0fnj6k21UmtYVUJOQkpKb0E

They are posting and voting direct to the blockchain using the cli_wallet.
72  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Steemit.com: Blogging is the new Mining on: July 16, 2016, 07:55:30 PM
73  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Steemit.com: Blogging is the new Mining on: July 15, 2016, 12:21:37 AM
Someone keeps on deleting my post on Steemit.com
Who's doing it?

This is my 5th post already.
Is it steemit.com team that's deleting my posts?
or
some silly coward hackers

https://steemit.com/@cryptocurrency1/

That is impossible. You cannot delete posts from the blockchain.
74  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Steemit.com: Blogging is the new Mining on: July 14, 2016, 07:30:40 PM
Finaly after 4 hours of messing around and playing around on windows got the bleeder working.

452157ms th_a       witness.cpp:430               on_applied_block     ] hash rate: 24674 hps  target: 30 queue: 104 estimated time to produce: 625 minutes

Not sure if this is good hash rate or not 24,674 hps using 6 threads on CPU. Someone be as kind to tell me what block rewards are per block ?

how many coins per day with that hash, looking to see if this is somehow convenient to mine even with cpu only

If the estimate time to produce is correct that means he would find about 2 POW each day with that cpu, if difficulty stays same. The 2 POW would be steem power, not liquid steem though.
75  Other / Archival / Re: . on: July 04, 2016, 08:04:59 AM
Random picked entry please.
76  Other / Off-topic / Re: Scientific proof that God exists? on: June 26, 2016, 11:36:32 PM
~DERP



 Huh
77  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Steemit.com: Blogging is the new Mining on: June 20, 2016, 03:33:34 PM
Hey steem team. Anything new going on? It seems pretty quiet in here.
78  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: June 19, 2016, 01:58:00 PM
Second independant successfull attack within the last hour

https://www.reddit.com/r/ethtrader/comments/4ot3vi/warning_another_successful_attack_recursive_split/

this is coming in by the minute

Do you mean the second overall attack has just happened, or that there was 2 attacks which both happened in the last hour?
79  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Steemit.com: Blogging is the new Mining on: June 08, 2016, 01:21:34 PM
such sad ending, will some1 TO this or just let it die..

I don't understand your post. What are you talking about?
80  Other / Off-topic / Re: what's your doing most with your btc on: June 07, 2016, 05:35:29 AM
derp
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