Steemit.com: Blogging is the new Mining

[bcsuisse]

Steem price keeps falling hard

great time to buy. if a rebrand is really coming than the price might pump up 10x . who said it is re-branding? didnt see any annoucment

[siddartha1492]

The prices falling is very unfortunate. I know many people are saying good time to buy, but we are not getting solid news regarding the developments.

[favdesu]

Steem price keeps falling hard

great time to buy. if a rebrand is really coming than the price might pump up 10x . who said it is re-branding? didnt see any annoucment

I'm not aware of any rebranding

[Maymun_lavigne]

What's new from steemit ? Why prices have increased by 30% more. I missed yesterday's chance because I'm not online. Is there a renewal of the steemit wallet ?
Or is there an update from the other side ?

[forzendiablo]

What's new from steemit ? Why prices have increased by 30% more. I missed yesterday's chance because I'm not online. Is there a renewal of the steemit wallet ?
Or is there an update from the other side ?

u cant deposit anywhere, its a pump on closed suppy - nothing unusual and nothing to do with steemit itself

[smooth]

What's new from steemit ? Why prices have increased by 30% more. I missed yesterday's chance because I'm not online. Is there a renewal of the steemit wallet ?
Or is there an update from the other side ?

u cant deposit anywhere, its a pump on closed suppy - nothing unusual and nothing to do with steemit itself

To be fair the pump started before the Bittrex wallet was down. But no doubt the wallet blockage has contributed to it.

[BayAreaCoins]

1Hj9NK745iSVm9WpdLCJfxuCi2sAEu7LUs

I just wanted to offer something  that can help the community and finding a third party escrow person online can be fucking gay.

Please feel free to check my Bitcointalk profile and have confidence that you are trading with the "real" BayAreaCoins.

IEwKEfTKKtl2jlvUmqtv/WXs70EQcQouG/oThw93bi+AccFV9W63ESYa0uz5c/r+19dIpie+A9MbitYnYTLqLRY=

[smooth]

Some interesting announcements here, though mostly teasers:

https://steemit.com/steemit/@steemitblog/the-state-of-steem-august-expansion

[siddartha1492]

Hmm, that's an interesting news @smooth. But more than the design, I would love to see the social side of the steemit to grow. Right now it's mainly whales game. That has to change if steemit is to really become a true social media platform.

[Asyifiah]

Where wallet for android , please give me link URL , I want to download it for save my steemit because I will save in a long time and do not want to be traded.

[siddartha1492]

Where wallet for android , please give me link URL , I want to download it for save my steemit because I will save in a long time and do not want to be traded.

You don't need a wallet to store steem. You can make an account on steemit and use and store steem there.

[babykika2027]

I tried to register steemit, but until now have not get confirmation email that my account has been active, I've tried with email and phone number is different but still can not, is there something wrong with my registration do?

[alevlaslo]

core wallet made?

[ekin4]

I tried to register steemit, but until now have not get confirmation email that my account has been active, I've tried with email and phone number is different but still can not, is there something wrong with my registration do?

They delay registrations because of bot and fake entries. You might wait up to 10 days or you can get activation in only 1 day. It's random and you can't do anything else than wait.

[smooth]

Where wallet for android , please give me link URL , I want to download it for save my steemit because I will save in a long time and do not want to be traded.

The Steemit team is working on a mobile wallet (see above update) but it isn't released yet.

In the meantime as someone else said you can use the web wallet (steemit.com) or a desktop wallet.

[Shadolance]

Hi, I'm looking to diversify my portfolio right now.

Can someone explain where the value of Steem comes from?

As I understand this system the value solely comes from people buying this coin - therefore buying upvoting power as there is no value generated besides money coming in from exchanges.

With the built in 100% per year inflation this would mean that people would have to buy so many coins that the market cap doubles every year in order to keep the coin price stable.

That seems hilarious to me.

[HR]

With the built in 100% per year inflation this would mean that people would have to buy so many coins that the market cap doubles every year in order to keep the coin price stable.

That seems hilarious to me.

That was changed last year. Don't have the link right now, but you can search this thread for it. Cheers

[smooth]

With the built in 100% per year inflation this would mean that people would have to buy so many coins that the market cap doubles every year in order to keep the coin price stable.

1. It was changed last year as stated above. The inflation rate is now about 9.25% and declines by 1/2% per year to 1%. The scarcity is similar to other cryptos, though not quite as extreme in the very long term as fixed-supply cryptos like Bitcoin

2. Keeping the price of the coin stable was never required (nor intended) because the number of coins in your wallet would passively double each year anyway due to anti-dilution payments (aka SP interest). The market cap and the value of your holding would be the same after a year assuming the price dropped in half. This was always misunderstood as "zOMG inflation!" when it really wasn't a real problem anyway (beyond poor perception which does matter from a marketing point of view, even if based on misunderstanding), but in any case no longer exists.

3. There are some small mechanisms for coins to be destroyed so scarcity is tighter than the inflation rate would suggest. For example, placement on the Promoted page is determined by burning Steem Dollars. Currently top placement there costs about $130 and I've seen much higher ($300-$1000) recently, along with many smaller payments by the lower ranked posts on that page. In the next update it is planned that creating accounts will also require burning, and other forms of payment to the network may be added later.

[tyz]

It's really stupid. I have registered twice now and the email and the mobile number verified and every time the registration did not work. The email and my telephone number was never used. I did not get an email or confirmation from Steemit that my account is now activated after one week. Does anyone know what else to do?

I signed up on Steemit yesterday. I provided a username, a email address and a mobile cell number. I confirmed my email address and input the received sms code. Then I got a message on the website that the team is checking my signup and coming back to me. I have not received anything yet. Then I tried to sign up again and realized that my username I used yesterday is still available 

Does anyone know what happened? Was my signup cancelled?

As far as I know they are taking like a week to approve the account. So if u have received the email with ur username, then better wait for a week. Otherwise contact someone on https://steemit.chat/channel/general

[stradivariusus]

hello, where can i download a steem wallet?