RE: Bitcoin (BTC) Morning Update: A Minor Correction Approaches

You are viewing a single comment's thread from:

Bitcoin (BTC) Morning Update: A Minor Correction Approaches

in bitcoin •  7 years ago 

at the moment there is no reason that btc will go up to 13k especially 17k. its just not confirmed with volume i think we will circle around those prices 10k-12k for quiet some time until new money comes in

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Yeah, until 'institutional money' comes in to play there's no real growth driver.

  ·  7 years ago Reveal Comment

  ·  7 years ago (edited)

Self-criticism is a good thing. 👍 Bernie is proud of you, Beep boop! 😂

Hi @scorer, nice of you to reach out to me. I would like to dispel a myth. There is a vast community disagreeing with the rewards given to @haejin's posts by @ranchorelaxo. Many many whales, dolphins and minnows.

Haejin likes to say it is all Bernie and his bots, this is just not true. We are all individuals acting because we care about the STEEM blockchain.

I guess it is partly true, but that is not an issue.

Steemit is build to work like that. Probably it is more useful to change the system than to abuse users who use the system.

Built into the STEEM blockchain there is a way to prevent abuse. It is by flagging/downvoting posts which have potential rewards deemed unsustainable by the STEEM community. We are all a part of this community. We all own a share of our future. It's not up to anyone to fix something that is not broken.

Rewards are always potential rewards until the day they are paid out. Then they come out of the reward pool. Before that 7 days it is up to the community to decide if there is abuse or scamming happening, and take the proper measures to counteract it.

Did that make sense @scorer?