I personally keep powering down because every week I get less and less. I also get a similar amount but next week it will be $3 and so on. And if Steem ever go back to $1-2 then I would still have some to keep selling. So it's the same argument, not powering down can generate a little more, but it's not worth it. I can invest those $6 into LBRY for example and wait for a bounce once they come out of beta (even if I agree with most of your points against it).

Not one crypto project can actually scale though, not even Ethereum which aims to be the world computer!

Inflation doesn't mean much if you know the actual supply, it can effectively drive the price low for a while but not for long. For example nobody actually knows the total supply of Ethereum, it can be infinite but the inflation is not really that crazy, so people have confidence on it. "Only" 100% inflation per year without a cap is crazy if you ask me and I'm the average person who should be trading or investing on Steem.

Take Factom, it only has 8 million supply, but once M3 kicks in and federated servers are designated 73k FCT will be created per month. This isn't "crazy" inflation although it's quite considerable and that's almost one of the only factors that is keeping the price so low. Investors don't think there would be enough entry credits to burn that much FCT.

I didn't say it was perfect, I said it could definitely bounce from this bottom. It can still go to 1k or lower though. The point is, crypto is all hype and once LBRY opens up to the public I think it will rally just on news and exclusive releases alone, it has that cool kid factor in my opinion.

I do have the same doubts as you but the team is well connected in the industry and is backed by a huge VC firm (funded and built TripAdvisor, DraftKings among others...). They have been very open about the premine and how it will be used. Now will all that being said, I think they are a little incompetent and naive on how they've been doing things so far. I really not see any corruption or morally dubious approach in their doings, quite the contrary they've managed to "lose" a lot of money with this strategy and mining distribution.

New Jersey Devils 3 - 2 Anaheim Ducks

You can say that just about any other crypto project (social media oriented or not). Steem only managed to attract attention because of those gimmicky payouts, now it's a wasteland and it will continue to be so. I see more potential for a bounce in a project like LBRY than Steem if that's the case because you would actually need lbry credits to purchase content.

Many of you are just wishful thinking, if Steemit do this or that or implement such feature. The bottomline is that it's still a circle jerk, everyone will be powering down forever. There's no bottom, inflation keeps piling up and it will hit 10k, then 5k, then 1k, and if it keeps going to more than 1 billion Steem supply then it will be below that, 700-500 sats, like Bitshares. Clear as water.

I'm sorry, I don't understand many technical aspects and from your comments here you are way more adept than most trolls in this board. With that being said, while I don't hold (and actually dislike) both Dash and Monero, those are just as valid if not more battle tested than Steem.

I'm not sure how many actual active users are on Steem, but I doubt there are more than 5k right now, that's nothing in my opinion. I'm on Steemit and I just go to power down weekly (never bought a single Steem, I got paid for some posts early on). So I'm not an active user but I'm sure they count me as one. The hype is already gone, there could be a spike in prices but never like when it started, the whole gimmicky 10-30k payouts was the only reason of its success and interest from people. You take that away you have nothing in terms of fundamentals.

Fund managers like the guy from coinfund.io got burned, very smart people with degrees made an ass of themselves. There may be a spike I'm not denying that but unless the whole thing changes and develop some killer features this is doomed.

What's the value in Steem as a currency compared to the other hundreds of other options that already scale better than Bitcoin? I don't see anything of value in owning Steem or Steem Power unless I'm missing some recent news. Will they implement a cap like with Bitshares?

That's the most stupid (or genius) idea I've ever read in my life. Let's all earn some Steem while idiots buy and pay for our ramblings, haha. These guys created the perfect ponzi scheme and you can't really accuse them of anything because they will keep it going as long as people keep buying Steem. They won't run away and they will even implement new features and changes to tweak it and give the users the false sense that they are improving the system. I'm sure that this was the plan all along.

The bottomline is that, as long as there's people buying Steem the platform will stay alive. "Speculators" are catching up slowly though (they seem to have discovered the zoom all feature at Poloniex!).

Again, I can see my balance at antcha.in just fine but even with a synced wallet I can't see anything there. No balance, send/receive option, etc. I've already imported the private key for the address. I'm using a mac with chrome and safari (tried both without any success).

Don't quote me on this but this recent pump must be Bittrex or Poloniex getting ready to list it. Honestly I'm not sure why Bittrex (which list almost any shitcoin the minute it is available) hasn't list Iconomi yet (which is quite the opposite). Actually Kraken is one of the most prestigious and hardest to get in.

The reason they signed a NDA is because they have nothing to lose and that was the requirement from that particular exchange, I don't see it as a big deal. Really if Kraken listed then all doubts are nonsense in my opinion and it's just a matter of time. I'm not sure what they are waiting for though, especially Bittrex. Poloniex hardly adds anything lately.

LOL, that's not how it works man. The guys fully agreed to sign a NDA before exchanges consider to add Iconomi or discuss any details. They can't say anything until a deal is made or not. This is just standard for companies so people, companies, clients don't spread sensitive information about proceeds, requirements, etc. You can't even disclose there was deal signed, how, when, etc, depending on the NDA.

I don't see any rebuild database option, my wallet is synced but I don't see any balance, send/receive option, nothing, just like it was when it was not synced. There's nothing under assets either (there shouldn't be anything there though).

Yes, if all goes according to plan, $1 should be a nobrainer really. It will take time to consolidate around that but even with some small dividends that should be priced in around that.

If Iconomi really becomes successful, like half of eToro/Poloniex then most of us I think could get a nice passive income, even with "just" 1k ICN which is nothing considering current prices. But like ETH, if you wait until it's worth $10 you are not really "investing", you can get some profits of course, ETH could be valued above $100 in 2017-18 for all we know but the ones holding from ICO and accesible prices are the ones that will really make some profits unless you have very deep pockets.

Anyway, the hype and price will be closely tied to dividends (or potential dividends), P/E is something foreign to crypto projects.

Perfect, issue went away after some minutes of posting that message, I know some Bittrex wallets were under maintenance too so I thought that was a factor too. Are you guys planning to add the total positions/combined percentage soon? I would love to have that feature and it would be really useful. Can't think of anything else in terms of functionality.

I would love some updated UI with material design for Android and iOS 10 but it still looks great if that's not a priority.

Same thing here except that the wallet already synched but nothing really happens after that.

I got the webwallet to sync con Chrome/Mac but what can I do now? I already imported the private key and I see both addresses but no send/receive or balance menu...

Bittrex prices are not updating for the last couple of days, not sure if this is a problem from my end or it's being resolved. Please let me know what I can do if that's the case.

Yes a new hard fork is in the works, I don't know much about the details but it will be a major update not just some hotfixes against recent attacks. I think they will add functionality for Swarm which is Ethereum decentralized storage solution, so this could be another milestone depending how it goes.

Yes but the same can be said just about of any other crypto related project, even Bitcoin. Not one of them is used by the mainstream, either individuals or big companies. It's all based on potential and hype and if SingularDTV and UJO start "disrupting" the music and entertainment industry in the next upcoming years, the potential alone will make it very enticing.

As of now there are no better options in this niche and technology available so I think it's wise to invest a little long term. Ethereum projects are well established and if decentralized and blockchain based economy is bound for success then we are at the right place.

Regarding short term, I think after some average news and development the price will reach ICO price again. Again, the whole Ethereum ecosystem is in a bear market with plenty of doubt and uncertainty regarding attacks and forks. I personally try to invest during these times and consider taking some profits later on...

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