Steem pyramid scheme revealed

[Traxo]

Given that Facebook is looking to potentially acquire an existing token technology, one might presume that there will be pump in the value of STEEM
given it is the most established social network and token on a blockchain at this time.

Could a buyout be coming? That speculation may possibly be enough of an excuse for a pump?

https://cointelegraph.com/news/facebook-exploring-making-its-own-cryptocurrency-media-report

https://www.theverge.com/2018/5/11/17344318/facebook-cryptocurrency-token-blockchain-report-david-marcus

I find the Steem Dollar with the 9% interest rate pretty interesting though, it definitely has a risk as everything else but it's hard to find a similar option that pays you that well

Actually SBD only pay interest when the value of SBD is near to or slightly less than $1, so currently they're not paying any interest.

[marktee]

The Larimers and their associates are pimps 2.0 pure and simple.  They are making money by promoting (aka upvoting) this trash to entice the weak-minded morons to come see their prostitutes.  All the while they are dumping their Steem Dollars into the market which is propped up by these same weak-minded suckers who are buying in.  Once the Larimers use these "girls" to work over the saps, they'll leave with their real money BTC/USD and the "girls" and suckers will be left with worthless "Steem Dollars" which can't even be cashed out for two years.

[MisterPipka]

Hello everybody. Who has a Steemit account? I try to write interesting articles, but it's very difficult to get through between the popular articles. If it's not difficult for you, could you rate my last article? https://steemit.com/qurrex/@misterpipka/new-promising-company-qurrex

[kewlc3s]

I have heard and read so much disturbing stuff about the whaling in Steemit, that no new facts can surprise me.
The question is, whether this is just a small game on a low level, compared to the really useful platform for users they are creating.
If they create something better than facebook, who cares if they split some millions. 

In my opinion you can´t compare facebook and steemit, is is 2 different platforms.
For me steemit is more blogging platform, and after Medium blocked all crypto reviews, project (some kind of crypto commercials) Steemit became a powerfull crypto tool.
I agree there are a lot or crypto garbage and other shitposts. But, if you compare it to facebook it will be thousands times less.

Resume: I still prefer Steemit!

[Indra123]

In my opinion it will have a bright future even could also be the second crypto currency market capitalized.

[vinapuppy]

I am not interested in this story and I believe there are worse things that we can't see yet in crypto. May LBRY Credits also do the same pyramid scheme?

[francojon]

There are many people that are angry with steem because they feel that steem is not being fair, but that may end up with the whole project failing like many others before if they don´t act.

[ancosuzin]

I think in my own opinion there is nothing hidden under the sun. If the information you have giving us is true we will all know about it in the nearest future. But one thing I know about Steemit is that it's helping me do my blogging

[bibitao23]

I have heard and read so much disturbing stuff about the whaling in Steemit, that no new facts can surprise me.
The question is, whether this is just a small game on a low level, compared to the really useful platform for users they are creating.
If they create something better than facebook, who cares if they split some millions. 

[phuongthaopt212]

What bounties are coming up? Where do you find them?

[skyline247]

Steem has been getting a lot of hear lately regarding such a pyramid scheme and with so much going on in the market I would not be surprised if it turned out to be true and with the way that scams are so prevalent now and using cryptocurrencies as a means to aid these criminal acts, it is getting more and more dangerous to invest your money in new projects.

[thamvii111]

Steem pyramid is the best pyramid i ever seen. Almost perfect scheme to get money from other people.
I have steemit account but i never try to get profit from steem.

[nguyentrangg333]

I think in my own opinion there is nothing hidden under the sun. If the information you have giving us is true we will all know about it in the nearest future. But one thing I know about Steemit is that it's helping me do my blogging. I don't fucking care about steem and its power.

[ngoclanhoang1999qb]

steem is really a piramid. But as for me i took a good money from it. of course for profit a common user must only take money, no power up. Lets look on chart today - everything is awful. Devs have done a hardfork but it did not help a lot. a have gone from steemit two mounth ago. good luck steemers.

[Arcoin1]

The removal of the Steam pyramid scheme is reassuring for those who want to invest. In the future it will have a better value. The most important thing in the crypto money world is safe.

[Suslived]

-snip-

RIP steem power holders.

This is what i've been trying to tell people for forever, STEEM is a SCAM.

And more importantly, the CEO and founder of STEEM, Dan Larimer, is about to pull the same SCAM again with EOS. He has over promised the delivery of an EOS blockchain which supposedly is an "ETH killer" but in reality it is nothing but a fake promise. I would avoid EOS and STEEM like the plague.

[Untill you]

If you want to measure the "buzz" effect of a post, that will be a game-theory clusterfuck.

[Russia32]

Steem is getting rogered here, and on bittrex at least I am only seeing sell orders at the moment. Think the market will keep sliding from here. What surprises me is that synereo (as the alternative) hasn't really risen

[Ayencyet79]

So... If Steem is to bad, crooked and secretly a piramid scheme then how it is possible it is still in top 3 the biggest coins - market cap wise?
People are so desperately to pump, afraid to lose or think it is not that bad of a situation? I don't get it.

[thisau152]

Has anyone notified Mark Lyford about this new revolution in smut 2.0 technology?  He's gonna be mighty upset if the Larimers didn't invite him to Steem like they did to Bitsnares.