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Author Topic: Steemit.com: Blogging is the new Mining  (Read 348420 times)
truerue
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July 13, 2016, 03:13:03 PM
 #381

You understand the concept like a guy that went to the bank in order to payout his tight money earlier...

300M $ Market cap isn't early stage for altcoin. Even such great altcoin like this.

You still should play the game as it is supposed to be played. You are just greedy and want to bypass them.
I guess there are more offers like this to come and I always have to cry if I read them...

Since owner key can be changed at steem, change of account owner is allowed by the game.
Alao
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July 13, 2016, 03:14:12 PM
 #382

Powering down is "all or nothing"? I.e. you can`t turn a part of Steem Power back to Steem, only all of it?

10 percent is just a correction, but 50 - people losing trust forever

...Sorry that reply to a higher message

I don't think so..Look at ETH was as $20 and now at  $10. At one point it was under a dollar like steem.

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§1 = 1MWh
johnnywoo2015
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July 13, 2016, 03:14:17 PM
 #383

Can someone tell me some info about SBD (Steem Dollars)? is there any ANN topic? buy/sell orders are thin... very interesting.

 
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lordoliver
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July 13, 2016, 03:14:23 PM
 #384

You understand the concept like a guy that went to the bank in order to payout his tight money earlier...

300M $ Market cap isn't early stage for altcoin. Even such great altcoin like this.

You still should play the game as it is supposed to be played. You are just greedy and want to bypass them.
I guess there are more offers like this to come and I always have to cry if I read them...

edit: please read about fixed deposits in banks...

From what I read on the site through steem power can't be converted for over two years?

yes, thats similar to fixed deposits with higher interest on banks...
And noone would say, "hey, I sell you my bank account", but they say "hey, I sell you my steem account"
You can get steem over the next 2 years or use it to power up your votes.
I have the private key of it, but anyway... you can change it...
Alao
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July 13, 2016, 03:17:29 PM
 #385

You understand the concept like a guy that went to the bank in order to payout his tight money earlier...

300M $ Market cap isn't early stage for altcoin. Even such great altcoin like this.

You still should play the game as it is supposed to be played. You are just greedy and want to bypass them.
I guess there are more offers like this to come and I always have to cry if I read them...

edit: please read about fixed deposits in banks...

From what I read on the site through steem power can't be converted for over two years?

yes, thats similar to fixed deposits with higher interest on banks...
And noone would say, "hey, I sell you my bank account", but they say "hey, I sell you my steem account"
You can get steem over the next 2 years or use it to power up your votes.
I have the private key of it, but anyway... you can change it...

Oh so it is a true investment with interest got you.

§: 8Q7zvaH955cCbqu2nCvpPcTvczGfe9psxE
§1 = 1MWh
lordoliver
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July 13, 2016, 03:18:58 PM
 #386

You understand the concept like a guy that went to the bank in order to payout his tight money earlier...

300M $ Market cap isn't early stage for altcoin. Even such great altcoin like this.

You still should play the game as it is supposed to be played. You are just greedy and want to bypass them.
I guess there are more offers like this to come and I always have to cry if I read them...

Since owner key can be changed at steem, change of account owner is allowed by the game.

You just don't sell accounts. That's not a normal use case. You don't sell facebook accounts or bitcointalk accounts, or battlenet accounts or anything else. You can do that but you just don't! Understand? Its an account not an asset!
truerue
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July 13, 2016, 03:21:08 PM
 #387

Can someone tell me some info about SBD (Steem Dollars)? is there any ANN topic? buy/sell orders are thin... very interesting.
https://steemit.com/steem/@dantheman/introduction-to-steem-dollars-sbd
lordoliver
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July 13, 2016, 03:21:32 PM
 #388

You understand the concept like a guy that went to the bank in order to payout his tight money earlier...

300M $ Market cap isn't early stage for altcoin. Even such great altcoin like this.

You still should play the game as it is supposed to be played. You are just greedy and want to bypass them.
I guess there are more offers like this to come and I always have to cry if I read them...

edit: please read about fixed deposits in banks...

From what I read on the site through steem power can't be converted for over two years?

yes, thats similar to fixed deposits with higher interest on banks...
And noone would say, "hey, I sell you my bank account", but they say "hey, I sell you my steem account"
You can get steem over the next 2 years or use it to power up your votes.
I have the private key of it, but anyway... you can change it...

Oh so it is a true investment with interest got you.

its an long term investment. There is no interest, but ROI. And this ROI is long term. That's how it was designed.
johnnywoo2015
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July 13, 2016, 03:24:20 PM
 #389

Can someone tell me some info about SBD (Steem Dollars)? is there any ANN topic? buy/sell orders are thin... very interesting.
https://steemit.com/steem/@dantheman/introduction-to-steem-dollars-sbd
Thanks  Wink

 
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truerue
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July 13, 2016, 03:24:30 PM
 #390

You understand the concept like a guy that went to the bank in order to payout his tight money earlier...

300M $ Market cap isn't early stage for altcoin. Even such great altcoin like this.

You still should play the game as it is supposed to be played. You are just greedy and want to bypass them.
I guess there are more offers like this to come and I always have to cry if I read them...

Since owner key can be changed at steem, change of account owner is allowed by the game.

You just don't sell accounts. That's not a normal use case. You don't sell facebook accounts or bitcointalk accounts, or battlenet accounts or anything else. You can do that but you just don't! Understand? Its an account not an asset!

It's ok to sell account with some asset linked to it or some valuable items on it. Like selling Steam account with games. Some bitcointalk users selling their accounts here.
lordoliver
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July 13, 2016, 03:27:54 PM
 #391

You understand the concept like a guy that went to the bank in order to payout his tight money earlier...

300M $ Market cap isn't early stage for altcoin. Even such great altcoin like this.

You still should play the game as it is supposed to be played. You are just greedy and want to bypass them.
I guess there are more offers like this to come and I always have to cry if I read them...

Since owner key can be changed at steem, change of account owner is allowed by the game.

You just don't sell accounts. That's not a normal use case. You don't sell facebook accounts or bitcointalk accounts, or battlenet accounts or anything else. You can do that but you just don't! Understand? Its an account not an asset!

It's ok to sell account with some asset linked to it or some valuable items on it. Like selling Steam account with games. Some bitcointalk users selling their accounts here.

Its NOT ok. It may be barely TOLERATED, but not like normal. Only shameless people do it...
I really want to emphasize that!
gravitate
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July 13, 2016, 03:28:45 PM
 #392

You understand the concept like a guy that went to the bank in order to payout his tight money earlier...

300M $ Market cap isn't early stage for altcoin. Even such great altcoin like this.

You still should play the game as it is supposed to be played. You are just greedy and want to bypass them.
I guess there are more offers like this to come and I always have to cry if I read them...

Since owner key can be changed at steem, change of account owner is allowed by the game.

You just don't sell accounts. That's not a normal use case. You don't sell facebook accounts or bitcointalk accounts, or battlenet accounts or anything else. You can do that but you just don't! Understand? Its an account not an asset!

It's ok to sell account with some asset linked to it or some valuable items on it. Like selling Steam account with games. Some bitcointalk users selling their accounts here.

Its NOT ok. It may be barely TOLERATED, but not like normal. Only shameless people do it...
I really want to emphasize that!

I might buy it lol.

To peel or not to peel.
truerue
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July 13, 2016, 03:29:54 PM
 #393

yes, thats similar to fixed deposits with higher interest on banks...
And noone would say, "hey, I sell you my bank account", but they say "hey, I sell you my steem account"
You can get steem over the next 2 years or use it to power up your votes.
I have the private key of it, but anyway... you can change it...

Cryptocurrency isn't working like bank, selling bank account is under the law i guess or at least against contract, but in crypto world allowed everything that allowed by code.
lordoliver
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July 13, 2016, 03:32:05 PM
 #394

yes, thats similar to fixed deposits with higher interest on banks...
And noone would say, "hey, I sell you my bank account", but they say "hey, I sell you my steem account"
You can get steem over the next 2 years or use it to power up your votes.
I have the private key of it, but anyway... you can change it...

Cryptocurrency isn't working like bank, selling bank account is under the law i guess or at least against contract, but in crypto world allowed everything that allowed by code.

Yes, I am really afraid, that crypto will destroy any kind of decency...
ashleybr
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July 13, 2016, 04:03:27 PM
 #395

Hey everyone.. I just had the worst day of my life, I'm currently on an airport in Bangkok, Thailand and I'm basically stranded here.. my visa is about to epire and I missed my flight home , now I don't know what to do  Huh
anyways I just found out about steemit through their instagram and thought why not try my luck. I have nothing else to do anyway.

If you want to read my story, check it out

https://steemit.com/travel/@ashleybr/test
Macno
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July 13, 2016, 04:09:44 PM
 #396

Powering down is "all or nothing"? I.e. you can`t turn a part of Steem Power back to Steem, only all of it?

It the cli you can. In the web GUI you can't.

In the GUI, even though it starts powering down all your SP, only 1/104 is powered down per week in practice. So you can stop it after a few weeks.

While the process is ongoing, the portion that isn't powered down yet is unaffected (still counts toward voting power, still earns more Steem, etc.)

Thanks again! I really like the system so far, though I don`t understand everything yet. I keep upvoting stuff but my Steem Power keeps increasing. Am I not supposed to pay the guys something when I upvote them? I would like to upvote you as well  Cheesy
Anyway, reading the whitepaper now...

Found the answer to my question on page 40:

"Steem bypasses micropayments completely because when a user upvotes a post it is the
community that pays the bill. The same amount of money will be spent whether the user
upvotes a post or not and the funds will not come from the voter."
Dan Yur
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July 13, 2016, 05:25:02 PM
 #397

Hey everyone.. I just had the worst day of my life, I'm currently on an airport in Bangkok, Thailand and I'm basically stranded here.. my visa is about to epire and I missed my flight home , now I don't know what to do  Huh
anyways I just found out about steemit through their instagram and thought why not try my luck. I have nothing else to do anyway.

If you want to read my story, check it out

https://steemit.com/travel/@ashleybr/test

Go into the street, "red light district" there and earn
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July 13, 2016, 05:52:11 PM
 #398

You understand the concept like a guy that went to the bank in order to payout his tight money earlier...

300M $ Market cap isn't early stage for altcoin. Even such great altcoin like this.

You still should play the game as it is supposed to be played. You are just greedy and want to bypass them.
I guess there are more offers like this to come and I always have to cry if I read them...

edit: please read about fixed deposits in banks...

From what I read on the site through steem power can't be converted for over two years?

you probably read on the whitepaper that you power down over 104 weeks, with weekly payout.

vlom
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July 13, 2016, 06:34:04 PM
 #399

Quote
Account registered by another account requires 10x account creation fee worth of Steem Power before it can power down.

what does this mean?

rtfm. no, i wont.
bytemaster (OP)
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July 13, 2016, 06:42:46 PM
 #400

Quote
Account registered by another account requires 10x account creation fee worth of Steem Power before it can power down.

what does this mean?

rtfm. no, i wont.

It means you cannot create an account and then cashout.  You must create an account and then use it to earn 10x the account creation fee.  Account creation fee is 5 STEEM now and is constantly falling. 

So you can either wait or earn. 

https://fractally.com - the next generation of decentralized autonomous organizations (DAOs).
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