chryspano
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Activity: 910
Merit: 1000
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July 13, 2016, 10:00:29 PM |
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steem token holder are not relevant here because they aren't really the one causing the hyperinflation
Who said anything about "who is causing the inflation"? you asked a question and you got the answer! Next question please! |
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albert11 (OP)
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July 13, 2016, 10:07:47 PM |
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steem token holder are not relevant here because they aren't really the one causing the hyperinflation
Who said anything about "who is causing the inflation"? you asked a question and you got the answer! Next question please! Yes inflation is the topic not sure about your question tho No one including you has been able to answer my initial question which is why im still here Explain how holding powered steem would protect you from hyperinflation ? |
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chryspano
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Activity: 910
Merit: 1000
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July 13, 2016, 10:09:04 PM |
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The example you gave was in response to what i said : "I don't see how creating an extra 9 steem out of thin air to compensate for a dropping steem price does anything to solve hyperinflation, it actually makes it a lot worse."
how are steem holders that have not powered up any relevant in this discussion?
Your were so confused that that you needed to understand this simple fact... If you have STEEM you are not protected from "hyperinflation" if you have powered up to STEEM POWER you are protected from hyperinflation, as simple as that. You din't even knew the simple differences between STEEM and STEEM POWER. I think we are making some slow, but good progress.  |
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smooth
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Activity: 2968
Merit: 1198
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July 13, 2016, 10:09:20 PM |
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steem token holder are not relevant here because they aren't really the one causing the hyperinflation
Who said anything about "who is causing the inflation"? you asked a question and you got the answer! Next question please! Yes inflation is the topic not sure about your question tho No one including you has been able to answer my initial question which is why im still here Explain how holding powered steem would protect you from hyperinflation ? It was answered. In the example there is a 30% increase in the money supply yet you received an 80% increase in your holdings. You more than made up for lost purchasing power. Yes there is hyperinflation but you are not harmed by it, unless the mere fact of nominal hyperinflation bothers you as a religious conviction. Shrug. |
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Zer0Sum
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Activity: 1588
Merit: 1000
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July 13, 2016, 10:14:25 PM |
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steem token holder are not relevant here because they aren't really the one causing the hyperinflation
Who said anything about "who is causing the inflation"? you asked a question and you got the answer! Next question please! Yes inflation is the topic not sure about your question tho No one including you has been able to answer my initial question which is why im still here Explain how holding powered steem would protect you from hyperinflation ? Read the 2nd comment from Dan. Then maybe look at the White Paper. https://steemit.com/steem/@arkanaprotego/why-would-anyone-invest-into-steem-if-it-is-so-inflationary |
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chryspano
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Activity: 910
Merit: 1000
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July 13, 2016, 10:15:00 PM |
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Yes inflation is the topic not sure about your question tho
I'm not surprised No one including you has been able to answer my initial question which is why im still here
This is a lie but you are free to believe whatever you want. Explain how holding powered steem would protect you from hyperinflation ?
I have already done that, as well as many others have done before me, if you still don't get it then please read this messy thread you created again.  |
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chryspano
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Activity: 910
Merit: 1000
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July 13, 2016, 10:16:13 PM |
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Three against a troll, I think this is not fair!  Anyway... |
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albert11 (OP)
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July 13, 2016, 10:19:36 PM |
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steem token holder are not relevant here because they aren't really the one causing the hyperinflation
Who said anything about "who is causing the inflation"? you asked a question and you got the answer! Next question please! Yes inflation is the topic not sure about your question tho No one including you has been able to answer my initial question which is why im still here Explain how holding powered steem would protect you from hyperinflation ? It was answered. In the example there is a 30% increase in the money supply yet you received an 80% increase in your holdings. You more than made up for lost purchasing power. Yes there is hyperinflation but you are not harmed by it, unless the mere fact of nominal hyperinflation bothers you as a religious conviction. Shrug. The example does not reflect how the steem system works. Steem money supply increase by 100% per year . How do you come up with 30%? You cannot include steem holder in your calculation because 90% of supply goes to steem power holders. The problem is that those extra coins will create even more sell pressure which in turns will lower the price even more. Basically they try to solve a problem ( how to compensate steem power holders) with what created the problem in the first place.( inflation) Man i am just trying to figure out how this thing can be sustainable long term as i want to invest in it, you can check my post i am an investor |
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albert11 (OP)
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July 13, 2016, 10:21:50 PM |
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Three against a troll, I think this is not fair! Anyway... resort to name calling |
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albert11 (OP)
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July 13, 2016, 10:22:35 PM |
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Explain how holding powered steem would protect you from hyperinflation ?
I have already done that, as well as many others have done before me, if you still don't get it then please read this messy thread you created again. Where is your post answering the above question? |
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chryspano
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Activity: 910
Merit: 1000
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July 13, 2016, 10:24:07 PM |
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Explain how holding powered steem would protect you from hyperinflation ?
I have already done that, as well as many others have done before me, if you still don't get it then please read this messy thread you created again. Where is your post answering the above question? It would be really rude of me to answer this question, believe me. |
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albert11 (OP)
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July 13, 2016, 10:26:11 PM |
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Explain how holding powered steem would protect you from hyperinflation ?
I have already done that, as well as many others have done before me, if you still don't get it then please read this messy thread you created again. Where is your post answering the above question? It would be really rude of me to answer this question, believe me. do i need to say more...lol |
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chryspano
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Activity: 910
Merit: 1000
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July 13, 2016, 10:27:38 PM |
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do i need to say more...lol
Better, not!  |
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albert11 (OP)
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July 13, 2016, 10:29:24 PM |
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steem token holder are not relevant here because they aren't really the one causing the hyperinflation
Who said anything about "who is causing the inflation"? you asked a question and you got the answer! Next question please! Yes inflation is the topic not sure about your question tho No one including you has been able to answer my initial question which is why im still here Explain how holding powered steem would protect you from hyperinflation ? Read the 2nd comment from Dan. Then maybe look at the White Paper. https://steemit.com/steem/@arkanaprotego/why-would-anyone-invest-into-steem-if-it-is-so-inflationaryI have read the white paper which basically says that they will solve inflation by more inflation., |
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chryspano
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Activity: 910
Merit: 1000
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July 13, 2016, 10:31:25 PM |
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Yes, runaway! |
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albert11 (OP)
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July 13, 2016, 10:35:07 PM |
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Yes, runaway! no wonder why you want me to runaway chryspano's wallet BALANCES STEEM Steem, tradeable tokens that may be transferred at anytime. 0.000 STEEM STEEM POWER Steem Power, influence tokens that earn more power for holding long term and voting on posts. The more one holds the more one can influence other’s rewards and earn rewards for accurate voting. 18,037.836 STEEM STEEM DOLLARS Tokens worth about $1.00 of Steem. $145.465 Estimated Value $11,220.70 good luck when the house of cards come crashing down lol |
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chryspano
Legendary
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Activity: 910
Merit: 1000
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July 13, 2016, 10:36:31 PM |
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You are not that dump after all! There is hope for you! |
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albert11 (OP)
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July 13, 2016, 10:42:31 PM |
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You are not that dump after all! There is hope for you! you on the other hand really are dumb, you think that promoting steem will make you richer when in fact it will do the exact opposite long term |
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chryspano
Legendary
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Activity: 910
Merit: 1000
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July 13, 2016, 10:47:47 PM |
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You are not that dump after all! There is hope for you! you on the other hand really are dumb, you think that promoting steem will make you richer when in fact it will do the exact opposite long term I don't promote STEEM, I'm having fun fighting a fellow Troll, I'm disapointed that you don't feel the same.  |
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albert11 (OP)
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July 13, 2016, 10:52:24 PM |
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You are not that dump after all! There is hope for you! you on the other hand really are dumb, you think that promoting steem will make you richer when in fact it will do the exact opposite long term I don't promote STEEM, I'm having fun fighting a fellow Troll, I'm disapointed that you don't feel the same. says the one with a bigass steem signature ... wonder who the troll really is.. |
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