Commentsjondoe (85)in cryptocurrency • 18 days agoRE: Steem's two halvings: What does Bitcoin tell us about Steem's future?On a side note comparing to bitcoin - Bitcoin has seen a massive surge in demand over those time periods while simultaneously seeing the rate of inflation reduced. So we have to be careful not to…jondoe (85)in cryptocurrency • 18 days agoRE: Steem's two halvings: What does Bitcoin tell us about Steem's future?Very interesting thoughts here. One thing I would like to point out is that a decreasing rate of new supply doesn't by itself make the the price go up. We still have to have a static or increase in…jondoe (85)in bitcoin • 2 months agoRE: Do we have to wait until the election for the breakout?Things may be starting to heat up here.jondoe (85)in hive-185836 • 3 months agoRE: 🚀 Enhancing Community Engagement and Growth on the Steem Blockchain with AI-Powered Bots! 🤖✨ CommentI feel like there is a bit of a catch 22 here. On the one hand AI comments that look and sound real do absolutely increase activity as real users respond and interact. However, and this is a big…jondoe (85)in bitcoin • 4 months agoRE: Do you remember the Bitcoin Faucets?Yes, that would be nice! Did you ever do any of these? I did a couple of them, only collected a few sats, though those are worth much more now than they were then, plus of course they were free. :)jondoe (85)in bitcoin • 5 months agoRE: U.S. Government moves $2 billion worth of Bitcoin...It makes so much sense for them to do that... which means they probably won't. loljondoe (85)in steem • 5 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOI am not following exactly what you are saying here... If a proposal was created for SBDs that were then sold for USDT (instead of sold for STEEM on the internal market), the end result would be the…jondoe (85)in steem • 5 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOWow that is really interesting. I have been here since 2016 and I never remember SBDs paying an interest rate... Perhaps it was coded but never actually run? I feel like I would have remembered SBDs…jondoe (85)in steem • 5 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOYes good point, though assuming this thing runs for years and years may be a bit presumptive. :) It will be interesting to see how market forces react.jondoe (85)in steem • 5 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOI like the burning idea simple because it benefits everyone in the ecosystem equally. Allocating to projects in almost all cases as been a waste of resources in the past. It takes a special project…jondoe (85)in steem • 5 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOThis is interesting, thank you. I did see that they pay a very high interest rate on HBDs held in savings as well.jondoe (85)in steem • 5 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOThe USD value may go down, but investors are free to do what they want, either buy or sell. However, I don't think us keeping SBDs high simply because some people bought them high is a good reason…jondoe (85)in steem • 5 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOYes, roughly 2,400 new SBDs flow into the DAO daily. We won't start eating into that 4.6 million SBDs until we start burning more than are created each day. As you alluded to we need to do…jondoe (85)in steem • 5 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOThere is already a group providing liquidity on the internal market and they have assured that 2,400 SBD sold per day would be no problem at all.jondoe (85)in steem • 5 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOHow would we pay interest without a hard fork? Wouldn't this adjust the inflation rate, or at least redirect it?jondoe (85)in steem • 5 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOThe sales will be done using 100 SBDs initially for testing which have little to no effect on the markets. Once that number is ramped up to 2,400 per day it will be done on an hourly basis ( roughly…jondoe (85)in steem • 5 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOYes I mentioned this as well as an idea in the past, but I think this option has many more risks in terms sentiment and trust lost in the market place. I understand that it would be done for very…jondoe (85)in steem • 5 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOYes, there is that, though there is nothing stopping outside groups from pumping SBDs should they so choose. Selling 100 SBDs per day is literally nothing, and even if we ramped up to the full…jondoe (85)in steem • 5 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOYes there are already several groups that have been providing liquidity to the internal market and one of them has assured that liquidity would not be a problem at all.jondoe (85)in steem • 5 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOI would assume increasing the interest rate on savings we would have to do a hardfork, no?
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RE: Steem's two halvings: What does Bitcoin tell us about Steem's future?
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