bipin444444 (OP)
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February 16, 2020, 06:00:23 AM |
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I saw the news that is saying Steemit has sold to TRON. I saw Steemit post on the medium they described nothing and just said. "We are very excited to welcome Steemit into the TRON ecosystem… Together we will usher in a new era of decentralized social networking.” Why they do that even it was the best blogging media? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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CoinCode_sh
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February 16, 2020, 10:34:00 AM |
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Hi, Actually there are a lot of speculations about it, I prefer to wait for an official post by steemit.
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Ucy
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February 16, 2020, 10:57:04 AM Last edit: February 16, 2020, 11:07:05 AM by Ucy |
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I guess you are not happy with the deal...
Well this is why public voting/concensus is important in cryptospace to allow/refuse/limit such takeover. I wonder if they did that? The public has to understand exactly what is going on before a decision is made. This should be the case if steem/Steemit is decentralized. I am not sure if data exchange or interoperability between decentralized and non-decentralized things is a good idea(probably allow moderate interoperability) , unless there is real guarantee that doing so is safe or that the non-decentralized things are fool-proof or "perfect"... This is one of the reasons decentralization matters alot... It's important to be among the most decentralized ecosystems, else you may find decentralized things refusing to share data with you in the future to stay very safe. Hopefully we will one day have safe, good, easy-to-use and truely decentralized social media in Crypto space.
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ned.ryerson
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February 16, 2020, 11:05:43 AM |
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I think this is very positive news. as far as I know, TRON did not buy STEEMIT, but they simply entered into partnerships and right after this news we saw an increase in the price of STEEMIT. I am sure that now many projects will enter into partnerships with each other and this will be a strong basis to buy such coins.
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DabsPoorVersion
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February 16, 2020, 11:25:55 AM |
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I think this is very positive news. as far as I know, TRON did not buy STEEMIT, but they simply entered into partnerships and right after this news we saw an increase in the price of STEEMIT. I am sure that now many projects will enter into partnerships with each other and this will be a strong basis to buy such coins.
As stated on the steemit posted by OP, The Chairman of Steemit have sold the steemit to the Founder of TRON and that is Justin Sun, They did not form any sort of partnership or anything related to business, Ned Scott actually sold it. You can see below for reference, BTW, it is also can be seen on the link provided by OP and you can see it if you really read the whole update. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FF53BcnQ.png&t=665&c=tC1twDkidRyv9g)
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Goodvalony
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February 16, 2020, 02:29:29 PM |
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Nowadays business seems like they don't have long term plan. whenever the market looks bad. they plan to sell off. i don;t see any good thing Tron will offer Steemit. they may cripple the steemit platform. we can all hope to see if there can be any improvement in the steemit platform. they have been performing badly and it might be a stepping point for them.
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Cryptoheavy
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February 16, 2020, 02:45:04 PM |
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Anyway, they have enough money to that
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hirngespenst
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February 16, 2020, 02:45:25 PM |
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No, TRON did not buy the whole Steemit platform, rather I see Steemit has partnered with the TRON to work smoothly as Steemit was suffering lack of enough investors and the platform almost stopped growing. I am not sure but Steemit may migrate into the TRON chain! Because through the Steemit own chain, they are not getting attention anymore, people started forgetting the Steemit, so, to boost up into the community, Steemit may change their chain.
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r32godzilla
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February 16, 2020, 02:54:11 PM |
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I don´t think that they excatly bought steemit because if they are really decentralized what they bought? Like you want to buy Tron, you will pay Justin Sun? Is that a good sign of decentralization?? But many people don´t think about it in this way and that is what really matters. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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hirngespenst
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February 16, 2020, 03:05:20 PM |
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Anyway, they have enough money to that
It's not about the money mate, it will be frustrating if Steemit sells their platform to TRON. Because Steemit itself a large platform and they had a great contribution into the crypto network. The bad time comes to anyone, but you have to be strong enough to rejoice them. Still, I haven't seen any better content platform than Steemit, which is committed to the crypto industry!
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watergold
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February 16, 2020, 03:15:51 PM |
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Anyway, they have enough money to that
It's not about the money mate, it will be frustrating if Steemit sells their platform to TRON. Because Steemit itself a large platform and they had a great contribution into the crypto network. The bad time comes to anyone, but you have to be strong enough to rejoice them. Still, I haven't seen any better content platform than Steemit, which is committed to the crypto industry! I'm not really sure that the Steemit platform will be sold to Tron. What I think is that they will collaborate big and make a new breakthrough this year so that there are lots of amazing surprises in the crypto world. And I heard that Steemit will hardfork in the near future is that possible?
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luckyflop
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February 16, 2020, 03:19:20 PM |
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There has been no official announcement on this news. But I also think there's a lot of possibility that TRON has bought Steemit, and certainly if this is the correct news, the price of TRON will probably increase a little thanks to Fomo.
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TopT3ns
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February 16, 2020, 03:29:52 PM |
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There has been no official announcement on this news. But I also think there's a lot of possibility that TRON has bought Steemit, and certainly if this is the correct news, the price of TRON will probably increase a little thanks to Fomo.
well maybe this information could be confidential so that not everyone knows until finally there is an OP that gives this information but usually when justin or the CEO of Tron buys something important he will provide information that cooperates or buys shares from steemit, well it's better indeed wait for good news from tron and hopefully it really happens because it can give effect to the price of tron.
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gaston castano
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February 16, 2020, 06:01:06 PM |
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No, TRON did not buy the whole Steemit platform, rather I see Steemit has partnered with the TRON to work smoothly as Steemit was suffering lack of enough investors and the platform almost stopped growing. I am not sure but Steemit may migrate into the TRON chain! Because through the Steemit own chain, they are not getting attention anymore, people started forgetting the Steemit, so, to boost up into the community, Steemit may change their chain.
If you really intend to cooperate, you do not have to change / migrate to the TRON network, I think steemit is still quite popular so far, yes, even though its popularity has dropped. but with a little collaboration with other platforms, it may grow again.
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ansi
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February 16, 2020, 06:08:15 PM |
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SteemIt is kind of saturated when it comes to crypto (or whatever) blogging. I never liked their stupid bots that strikes your content as copyrighted or copy/paste content, but since Tron guy had it now, it will sink even more with that pump & dump kid.
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serjent05
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February 16, 2020, 07:18:12 PM |
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No, TRON did not buy the whole Steemit platform, rather I see Steemit has partnered with the TRON to work smoothly as Steemit was suffering lack of enough investors and the platform almost stopped growing. I am not sure but Steemit may migrate into the TRON chain! Because through the Steemit own chain, they are not getting attention anymore, people started forgetting the Steemit, so, to boost up into the community, Steemit may change their chain.
You can read the post above you, that way you should have known that Tron already acquired steemit. If you are still unconvinced, you can also read this article : Steemit is the latest company to be acquired by TRON, but investors aren’t enthusedI believe this is beneficial for Tron to acquire steemit since it has a lot of users and publishers that can help TRON company and community to grow faster. The statement here: Details surrounding the terms of the acquisition still remain fuzzy, but it does appear that TRON is looking to further advance retail adoption of blockchain and cryptocurrency through the partnership, with Steemit’s ongoing growth now acting as another catalyst for TRON. does not mean that Tron is partnering with steemit but rather, method they will use to reach their target.
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casperBGD
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February 16, 2020, 07:23:37 PM |
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No, TRON did not buy the whole Steemit platform, rather I see Steemit has partnered with the TRON to work smoothly as Steemit was suffering lack of enough investors and the platform almost stopped growing. I am not sure but Steemit may migrate into the TRON chain! Because through the Steemit own chain, they are not getting attention anymore, people started forgetting the Steemit, so, to boost up into the community, Steemit may change their chain.
You can read the post above you, that way you should have known that Tron already acquired steemit. If you are still unconvinced, you can also read this article : Steemit is the latest company to be acquired by TRON, but investors aren’t enthusedI believe this is beneficial for Tron to acquire steemit since it has a lot of users and publishers that can help TRON company and community to grow faster. The statement here: Details surrounding the terms of the acquisition still remain fuzzy, but it does appear that TRON is looking to further advance retail adoption of blockchain and cryptocurrency through the partnership, with Steemit’s ongoing growth now acting as another catalyst for TRON. does not mean that Tron is partnering with steemit but rather, method they will use to reach their target. yes, Steemit is now part of Tron Foundation, and will migrate from STEEM blockchain to TRX 10 token, i presume that most interesting thing will be what will happen to STEEM blockchain, now without main application Steemit, will be very interesting to see that
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Mpamaegbu
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February 16, 2020, 08:39:20 PM |
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I saw the news that is saying Steemit has sold to TRON. I saw Steemit post on the medium they described nothing and just said. "We are very excited to welcome Steemit into the TRON ecosystem… Together we will usher in a new era of decentralized social networking.” Why they do that even it was the best blogging media?![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
Why? Well, it's because in life everything has got its price and I guess the Steemit team sold to the highest bidder to save itself from losing cash. It's a good thing for Justin and his Tron team. Let's see how this transform to patronage for Tron in weeks to come.
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royalfestus
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February 16, 2020, 09:00:52 PM |
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For the past years have struggled to believe how steemit had been profitable, Its not different from ETC. Just making a royalty coin for pump and dump,also early coin in the space. Justin is a good personality in the space at the moment and I dont know his achievements . He acquired poloniex also at a critical time and we have not seen any development ATM. Gave us with bittorent and wink. I believe it get more difficult for him to focus in this space with so many product with short time of development and market cycle space.
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dentolas
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February 16, 2020, 09:21:18 PM |
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I will definitely hold my judgements until I see an official explanation from any of them... right now this seems like a partnership and joining forces is always a good thing, especially when you are dealing with something new like crypto... this is the way, forks like the theatre of BCH/BSV only "make fiat laugh"
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