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Author Topic: Steemit.com: Blogging is the new Mining  (Read 348409 times)
smooth
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July 14, 2016, 07:17:20 AM
 #421

Wow that buy wall at 565k...  Shocked
Someone know something  Cool

Brace yourself. Poloniex is (probably) coming

https://steemd.com/@poloniex

Credit to: https://steemit.com/steemit/@liondani/speculation-i-have-strong-indications-that-we-will-trade-our-steems-on-poloniex-the-next-days-maybe-the-next-hours
Ethertrader1
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July 14, 2016, 07:22:53 AM
 #422

Can someone in a nut shell describe why the price is so high? I see no real reason, but perhaps I am missing major news.
johnnywoo2015
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July 14, 2016, 07:23:23 AM
 #423

Great news...thx for the info

 
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July 14, 2016, 09:25:53 AM
 #424

What is about the  2 years locked stuff ?

If one earns the whatever token blogging on steemit can he cashout everyhting instantly and convert into btc ? Heard 1/10 of it.



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lordoliver
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July 14, 2016, 10:03:52 AM
 #425

What is about the  2 years locked stuff ?

If one earns the whatever token blogging on steemit can he cashout everyhting instantly and convert into btc ? Heard 1/10 of it.

If you earn, you earn a small amount of "Steem Dollars" and "Steem Power". Steem dollars you can trade to STEEM, which you can withdraw after that. Steem Power you can "power down" to Steem. That means, you get weekly 1/104th of the amount over 2 years.
smooth
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July 14, 2016, 10:28:00 AM
 #426

What is about the  2 years locked stuff ?

If one earns the whatever token blogging on steemit can he cashout everyhting instantly and convert into btc ? Heard 1/10 of it.

If you earn, you earn a small amount of "Steem Dollars" and "Steem Power". Steem dollars you can trade to STEEM, which you can withdraw after that. Steem Power you can "power down" to Steem. That means, you get weekly 1/104th of the amount over 2 years.

You can also trade Steem Dollars directly for Bitcoin on Bittrex, although that market has been kind of thin so far.

Flam, half the posting rewards are Steem Dollars and half are Steem Power. Only the Steem Power part has any locking requirement whatsoever. The Steem Dollars can be cashed out immediately.
Flam
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July 14, 2016, 10:49:04 AM
 #427

What is about the  2 years locked stuff ?

If one earns the whatever token blogging on steemit can he cashout everyhting instantly and convert into btc ? Heard 1/10 of it.

If you earn, you earn a small amount of "Steem Dollars" and "Steem Power". Steem dollars you can trade to STEEM, which you can withdraw after that. Steem Power you can "power down" to Steem. That means, you get weekly 1/104th of the amount over 2 years.

You can also trade Steem Dollars directly for Bitcoin on Bittrex, although that market has been kind of thin so far.

Flam, half the posting rewards are Steem Dollars and half are Steem Power. Only the Steem Power part has any locking requirement whatsoever. The Steem Dollars can be cashed out immediately.


Thtanks you guys,

I saw that Steem$ is pegged against the dollar at 1-1 rate.
Steem power is like a locked fund to earn interests (I don't fully know what they are atm).
and Steem is whatever the value against btc.



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Danielson187
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July 14, 2016, 10:54:08 AM
 #428

Hi Guys,

I've started mining, that works great.

Now i have some VESTS in my wallet_cli, but can someone explane how to convert them to STEEM and send them to an exchange? Smiley
Macno
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July 14, 2016, 11:33:38 AM
 #429

I`ve told some friends to test the site and told them this (copied from the ANN):

"Sign up on steemit.com today to have your account funded with 10 Steem, and let’s be part of the movement for a better online community."

Now it seems people don`t get Steem but Steem Power?
They signed up with Facebook and get this message in their wallets:

"Account registered by another account requires 10x account creation fee worth of Steem Power before it can power down"
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July 14, 2016, 12:23:16 PM
 #430

I`ve told some friends to test the site and told them this (copied from the ANN):

"Sign up on steemit.com today to have your account funded with 10 Steem, and let’s be part of the movement for a better online community."

Now it seems people don`t get Steem but Steem Power?
They signed up with Facebook and get this message in their wallets:

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

You can't just create new accounts and "run away" with the "free money"
Ethertrader1
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July 14, 2016, 12:41:50 PM
 #431

https://steemit.com/steem/@blakemiles84/two-users-are-gaming-the-liquidity-reward-system-and-earning-1200-steem-per-hour

lol...

unusualfacts30
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July 14, 2016, 12:57:19 PM
 #432

seems like only handful of people are earning anything  Huh everyone else is living pipe dream

Also, how do I upload my profile photo?

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July 14, 2016, 12:57:39 PM
 #433

Is there a ratio between Steem and Steem power ? Steem power seems to be 1.5 per $ according to the estimated value from random wallets on Steemit. Whereas Steem is above 4.2$. Or is the evaluation system out of date ?



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July 14, 2016, 01:18:02 PM
 #434

Is there a ratio between Steem and Steem power ? Steem power seems to be 1.5 per $ according to the estimated value from random wallets on Steemit. Whereas Steem is above 4.2$. Or is the evaluation system out of date ?

The estimated value in $ shown in your wallet is the weekly average and not the current price

If you use the GUI(steemit) the ratio is 1:1
Alao
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July 14, 2016, 01:39:48 PM
 #435

What is about the  2 years locked stuff ?

If one earns the whatever token blogging on steemit can he cashout everyhting instantly and convert into btc ? Heard 1/10 of it.

If you earn, you earn a small amount of "Steem Dollars" and "Steem Power". Steem dollars you can trade to STEEM, which you can withdraw after that. Steem Power you can "power down" to Steem. That means, you get weekly 1/104th of the amount over 2 years.

Wait you have to power down in order to get payouts? What does it do when your powered up?

Also how do you use the block Explorer to see transactions and search to see how much steem other users have.

§: 8Q7zvaH955cCbqu2nCvpPcTvczGfe9psxE
§1 = 1MWh
Macno
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July 14, 2016, 01:42:08 PM
 #436

I`ve told some friends to test the site and told them this (copied from the ANN):

"Sign up on steemit.com today to have your account funded with 10 Steem, and let’s be part of the movement for a better online community."

Now it seems people don`t get Steem but Steem Power?
They signed up with Facebook and get this message in their wallets:

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

You can't just create new accounts and "run away" with the "free money"

That’s ok, but the info in the ANN should still be correct and if it promises 10 Steem, people expect...10 Steem.
ivan1975
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July 14, 2016, 01:58:35 PM
 #437

Can I mine Steemit?
Are there any instructions?
bhokor
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July 14, 2016, 02:16:47 PM
 #438

steemit apeears to be offline, i am trying from two different browsers and ko, the error i get is the 502 bad gateway, would be nice to have some server status page with real time data for check if it is a ISp issue

lordoliver
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July 14, 2016, 02:21:03 PM
 #439

probably ddos'ed, hacked or anything, but it doesn't matter. Thats why we are in the decentralized word :-)
content is available on all other nodes. I wonder, why there is not already a second entry point yet. Or is there? Steemd is not offering posting.
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July 14, 2016, 02:24:13 PM
 #440

steemit apeears to be offline, i am trying from two different browsers and ko, the error i get is the 502 bad gateway, would be nice to have some server status page with real time data for check if it is a ISp issue


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