Will you read this post or watch the matching video because here we see 25 signs Steem is about to leap back into the top 10 cryptocurrencies with potential to reach the number one spot within the next three years?
1: What Makes a Cryptocurrency Valuable?
True value comes from how the people participating are able to collaborate which is the same principle defining value for companies on the stock market and fiat currencies like USD. For example, everyone that buys Apple products, uses an iPhone, is employed by Apple, invests in Apple stock, and talks about Apple adds value to the idea and company we call Apple.
All the time, energy, and money I invest into Steem adds value to it alongside what millions of us are contributing from reading posts on steemit.com to watching live streams on @dlive to buying Steem and SBD on exchanges to talking about Steem with our friends and family. The more Steem helps us help each other and deepen our relationships, the more good we are doing in the world. That is why we are here together today. Steem has incredible participation and collaboration relative to the value of the blockchain.
Only Bitcoin and Ethereum have more active communities than Steem according to the data we are about to see.
2: Steem is Already #1 in Transactions!
On Steem, every transfer has no fee and is completed in just 3 seconds which is why Steem is already the top cryptocurrency in transactions every day especially for micro transactions! Most fiat currencies work the same way with the majority of transactions being one person giving another a small amount of money with no fee instantly in person or making an instant transaction with a fee using a credit card.
Steem is the only cryptocurrency today which is truly prepared for mass adoption because users with no money and little money (99% of the world) at are able to fully participate. With transactions having no fees and being completed in 3 seconds, it is not surprising that Steem already has more transactions every day than Bitcoin and Ethereum combined while having a value that is less than 1% of Ethereum as we can see at http://www.blocktivity.info/.
Every transaction on Steem is proof that we collectively are adding more to the value of our blockchain.
3: Smart Media Tokens = Massive Growth!
In the next hard fork, Smart Media Tokens on the Steem blockchain will provide new way for publishers to monetize their online content and community based on the model proven successful with Steem’s community as seen at https://smt.steem.io/. This might not seem like a big deal until we remember that this business model rapidly launched Ethereum to the number 2 blockchain in market cap and actually number one when we consider all of the token markets on Ethereum.
Smart Media Tokens will bring the proven token launching business model from Ethereum to Steem allowing for ICOs to instantly launch and trade on Steem instead of Ethereum. Unlike on Ethereum, all the transactions will have no fees allowing for infinitely scalable tokens among established communities like bloggers, newspapers, etc. When we combine this with the number of users on Steem and ability to transact with no fees, we begin to be shocked at how low the Steem price is and see the chance to get in before a few other huge investors figure this out.
4: Investors Holding Steem are Earning 30%+ APR !
Holding Steem and delegating to a voting bot and/or upvoting ones own posts every day returns several times higher than masternodes making buying Steem and powering it up an ideal long term investment where the principle consistently increases and payouts are available every day! This is possible because of delegation where the value of the stake in Steem power is effectively loaned while the actual cryptocurrency remains in the wallet with the ability to pull the delegation at any time!
I currently earn a return of approximately 36% APR in Steem on about 120,000 Steem power. As of April 23, 2018 that equals about $150 a day in payouts in Steem and SBD that I can immediately sell or reinvest while the principle continues to grow and remains under my control at all times. Watch the video below to see how it works and make the delegation at http://jerry.tips/spdelegate.
5: ~1 Million Accounts in 2 Years!
Within just two years, we already have nearly one million accounts as seen in @penguinpablo's most recent weekly Steem stats report here. At this rate, we are on our way to having over 100 million accounts on Steem within the next 3 years. When we reach that many accounts, Steem will be in position to take the #1 spot because we will have more wallets and users than any other blockchain.
6: Best Place to ICO and Promote Cryptocurrencies?
Facebook and Google both have banned advertising for cryptocurrencies which is making Steem the number one option for both launching and promoting an ICO once smart media tokens are released. As we can see on this post, I used bid bots to promote this to the top of the trending page at https://steemit.com/trending/ which is almost always leads to thousands of views a day from readers already active in the cryptocurrency world! With over 3,000 upvotes and over 1,000 comments on this post, we see how well this strategy works. To get this much attention on Google requires paying for that many clicks to a post on Google would cost anywhere from $1,000 to $2,500 with targeting matching our audience here with no possibility to get any of that money back.
When smart media tokens release, we are likely to see a lot ICOs start launching on Steem instead of Ethereum because of the ability to promote the ICO directly on Steem and obtain immediate access to the millions of users here. Readers here will be able to immediately buy into an ICO without even leaving the Steem blockchain after seeing the initial post making Steem the path of least resistance.
7: Environmentally Friendly and Transparent Mining!
Instead of miners needlessly wasting huge amounts of power and computing resources competing to make new blocks as on Bitcoin, witnesses on Steem are a leap forward in the evolution of producing new blocks providing a solution based on voting which saves a fantastic amount of computing resources and power making Steem one of the most environmentally friendly blockchains. View our full list of witnesses at https://steemit.com/~witnesses.
8: The Best Free Blogging Platform?
Bloggers love posting on Steem for the instant higher ranking in Google and long term search engine optimization or SEO benefits from posting to a top 1000 or so website with steemit.com along with instant mirroring on alternative interfaces! View steemit.com's Alexa rank at https://www.alexa.com/siteinfo/steemit.com.
9: Ideal for Media Attention!
Wired.com recently featured Steem in “The Social Network Doling Out Millions in Ephemeral Money” highlighting Steem being the first blockchain to also act as a social media platform at https://www.wired.com/story/the-social-network-doling-out-millions-in-ephemeral-money/.
Thank you to @andrewmcmillen for getting this article published on Wired which probably reached tens of thousands of readers on wired.com and more than likely continues to bring in hundreds every day from Google and Facebook.
What we see here is proof that as Steem grows, established writers already on Steem have a strong motivation to talk about Steem to build their own following here and have the chance to connect directly with readers in comments as well as earn upvotes from readers.
10: Competitors are Too Late!
Steem has first mover advantage for a blockchain with an integrated social network the same as Bitcoin was the first mover as a cryptocurrency. Bitcoin is number one today despite being technologically inferior to almost every other digital currency listed on https://coinmarketcap.com because it was the first. Nearly all of the competitors to Bitcoin are only a one to three fold improvement while generally to replace the #1 spot takes being 10x better. Steem is absolutely 10 times better than Bitcoin when we consider every reason listed here.
11: Live Streaming on Steem!
https://dlive.io/ by @dlive gives us the first application allowing live streaming to our blockchain along with smooth video uploads without any percentage taken in author rewards!
12: GitHub Contributions Rewarded on Steem!
https://utopian.io/ by @utopian-io and @elear enables rewards for open source contributions especially on GitHub which finally allows developers building valuable projects without a built in monetization method to fund projects. In fact, Utopian is the only platform rewarding contributions to Open Source projects by utilizing a decentralized, vote-based reward system built on top of the STEEM blockchain.
13: Best Blockchain for Musicians!
@dsound by @prc empowers musicians, podcasters, comedians, and any artist working in audio files to upload to the Steem blockchain and earn rewards without needing advertisers, publishers, or a record label at https://dsound.audio/.
14: Alternative User Interfaces!
@busy.org by provides an alternative interface to steemit.com which shows us the true power of the Steem blockchain to appear on different domains all with one Steem account as seen at https://busy.org/.
15: No Fee Crowdfunding!
https://fundition.io by @futureshock is the world’s first decentralized crowdfunding platform using the Steem blockchain to eliminate the middleman dividing founders from backers empowering a totally free way to support projects.
16: Many Mobile Apps!
Mobile apps for Steem like @esteem by @good-karma and @bsteem by @jm90mm allow us to fully experience the Steem blockchain on any iPhone or Android device!
17: Influencers Joining Steem to Earn Without Limitations!
YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals as explained in this post from bloomberg.com published on April 10, 2018 at https://www.bloomberg.com/news/articles/2018-04-10/youtube-and-facebook-are-losing-creators-to-blockchain-powered-rivals
18: Prepared for a Marathon!
After surviving a 98% price drop from release through the following year, we on Steem have absolute faith in our blockchain’s ability to endure through challenging times! I personally refuse to invest in any blockchain that has not suffered a massive drop like this in price because many blockchains have completely collapsed and many more will with the price drops massively for the first time. Board the Steem roller coaster ride at https://coinmarketcap.com/currencies/steem/.
19: Ideal for Self-Promotion and Charity!
Any author on Steem has the ability to self-promote and earn a return back from that voting bots at https://steembottracker.com/ by @yabapmatt. When we compare this to advertising on Google or Facebook, where else can we get a return at all from promoting ourselves plus more views? Steem is the best blockchain to use for purely selfish motivations because the returns are higher than anywhere else I am aware of after 4 years working with cryptocurrencies.
Meanwhile, giving back is easier than ever on Steem because we can upvote others without it costing us anything! I have helped readers, authors, and developers earn hundreds of thousands of dollars in my year on Steem leaving me feeling generous and charitable. None of what I have seen on other blockchains makes it this easy to help someone anywhere in the world to participate in the earnings.
20: Active Communities Supporting Steem!
Communities like the Minnow Support Project at https://minnowsupportproject.org/ help thousands of authors on Steem connect and earn upvotes on posts making Steem the only blockchain where every account has the ability to earn something without needing to buy, invest, or speculate!
21: Coming Soon to Many More Exchanges!
Exchanges will continue to have a strong motivation to add Steem/USD and Steem/BTC as the number of users continues to grow on Steem! Out of the top 10 exchanges today, Steem currently is only on 3 of them with a high probability of doubling or tripling this number within the next year.
Every time Steem has been added to a top exchange this year we have seen the price pump double or triple. We are expecting many new exchanges to add Steem this year which will likely result in price pumps each time Steem is added to an exchange with high volume as liquid Steem flows off of other exchanges onto the new exchange added. Many of the top cryptocurrencies by market cap have been completely driven by availability on exchanges. With Steem being its own blockchain instead of a token on Ethereum, adding it takes a lot more work and soon we will see the results of all of the exchange additions currently in progress.
22: Transparency!
Anyone can see the transactions for any account on Steem providing complete transparency and accountability to anyone in the world with an internet connection while reports on applications like http://www.steemreports.com/ allow us to aggregate and interpret the data! This ability to look at everything is ideal for sparking conversation and connection. Most cryptocurrencies have very little transparency which makes genuine connection and collaboration difficult as evidenced by both Bitcoin and Ethereum's struggles with forks and scaling.
23: Best Option Anywhere Online for Earning Passive Income!
In addition to what I mentioned earlier about delegating to voting bots, https://smartsteem.com/ by @smartsteem via @therealwolf provides a comprehensive set of tools for authors, curators, and investors to promote posts and earn passive income without delegating all Steem power to a voting bot! In seven years of working online, earning a return through voting on Steem is by far the best passive income system I have ever seen because we can all see it working any time! Take a look at how many transactions come into and are paid out of @smartsteem every day to see for yourself!
24: Contests on Steem are Amazing!
A list of the top 25 posts on Steem helps us see how easy it is to collaborate and help each other on Steem making Steem the blockchain where helping another person to succeed happens with the least resistance! Contests work better than ever on Steem because everyone participating can easily look the wallet of the provider and verify the funds are there for a contest along with seeing results from any previous contests.
For freelancing, Steem makes finding help and paying contractors way eaiser than using Upwork. I was able to hired six graphic designers with less work on Steem using a contest than it would have taken to hire one on Fiverr! Freelancers worldwide are already hoping on Steem for the chance to earn and authors all over Steem offer services to each other making Steem an ideal place to build the world's top cryptocurrency freelancing platform.
25: Not Everyone Agrees!
What I love about Steem is that I can share this post and in one place hundreds of people come to disagree and explain why I am wrong! Where else can we see the good, the bad, and the ugly about a blockchain all in one place directly on that blockchain without visiting an off blockchain forum or external community?
My hope with this post is that you can see the whole picture of Steem to make the most informed decision to participate. I have effectively presented the view of why Steem is awesome and in the comments you can also see every reason while Steem is awful and will fail.
Love or hate Steem, it is worth talking as much as any cryptocurrency I have seen. Friends I have with millions in other crypto holdings talk more about Steem than those they are most excited about even if it is to say how awful Steem is the entire time! Steem has some of the best haters who would be shocked to learn how much they do to promote Steem and encourage new users that disagree with them to join.
My purpose in writing this and promoting it is to help you discover Steem before everyone else does. When the price for Steem is $100 and there are a hundred million users, most of the best opportunity will have passed. Going in a little bit today with Steem has the potential for a huge return. Going all in has the potential to turn a few hours or dollars into a fortune.
That said, I have been wrong before lots of times in life. I have made plenty of mistakes in crypto as seen in the video below!
Questions and Answers
Below we see a list of questions that may be helpful for those of us new to Steem and wanting to learn more after reading the 25 reasons above!
1: What are the Biggest Downsides of Steem?
One of the big downsides of Steem is the difficulty in listing and maintaining it on an exchange which has led to Steem only being on 3 of the top 10 exchanges. This makes buying and selling it with fiat in most places challenging compared to many other cryptocurrencies including most which are inferior in almost every way to Steem other than being easy to add to an exchange.
Another is limitation of Steem is centralization. While many features are decentralized and no one user can ban another, the majority of the power on Steem is concentrated and therefore makes an easy target. This is common to many cryptocurrencies even ones that promote how decentralized they are and it is unlikely any competitor will overcome this issue without opening equally challenging alternatives.
The biggest downside on Steem as in the rest of our lives is that most of our troubles are of our own making. Many of us earn much more on Steem than anywhere else for the same work and yet we make reasons why posting on Steem is not worth it. We find imperfections or make blanket statements about how certain people are misbehaving and we miss out on our own chance at a better life here.
I have seen several authors earning good rewards quit posting and sell their Steem because of a few downvotes or negative comments only to then feel bad about missing huge earnings when the price spiked. My account is one of the top in receiving large downvotes and negative comments because it also is one of the top in upvotes, love, and support. I know how much it can hurt to lose hundreds of dollars of rewards because one person disagrees or is having a bad day and my post happens to show up or I used a word or phrase that triggered fear in the title or description. That is the cost of doing business on Steem.
Our own mindsets and behaviors tend to limit us more than anyone else. Our freedom on Steem to share whatever we want and earn opens us up to the world in a way we are often protected from elsewhere and makes rationalizing our way out of here all too easy. For those that stick around, the rewards become tremendous as the posts from those that started and left add to the total value of the blockchain. Starting, working really hard, and quitting often provides little in return to the user while providing a lot to the blockchain.
2: What Happens When a Competitor Makes a Better Version of Steem?
Reason number #10 talks about competitors and how Steem has the first mover advantage and this answer provides more detail on that. While it is possible a competitor might take off, going from zero to a million users is very difficult. Very few blockchains have made it this far and even if a competitor reaches as many users as Steem has today in a year or two, how many will Steem have then? 10 million? 25 million? 100 million?
Being first is such a huge advantage that another platform will have to be way better than Steem AND grow exponentially faster than Steem to just break even regardless of what the dollar value is of the cryptocurrency today. This will be very hard to do because a lot of the people that would join a competitor if Steem did not exist are already on Steem as we are today.
Some of the next epic failures I think we will see in cryptocurrency are the blockchains with the most speculated market value that fail to reach a critical mass of ordinary users. One of these in the next year or two will probably drop 99% within a short period of time as its top investors realize everything was just hype and there are no real users. Those investors will likely want something with proven value instead like Steem.
3: How do I Respond to the Disagreement in the Comments?
I am grateful we do not all agree because this is what makes our world interesting! When we read the replies on this post, we can see the complete picture which is very helpful. In the thousand comments below we will find every reason to doubt what I have said. As we consider all of the hundreds of unique points of view posted in reply, we gain the full picture of Steem including the good, the bad, and the ugly which is the ideal point to form an opinion and take action from.
This post is clear proof of why I think Steem is amazing because each of us has a chance to share our truth here and every time we do it, we are adding value to our blockchain alongside everyone that feels differently.
4: Easiest Way to Buy Steem with BTC, ETH, LTC, and BCH?
https://blocktrades.us is the fastest and easiest way I know of to exchange Steem and Steem Dollars with Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. How do I use BlockTrades.us to make these nearly instant exchanges of different online cryptocurrencies, especially for withdrawing SBD fast? Read the full tutorial or watch the video below!
5: How to Buy the Most Steem at the Best Price?
https://bittrex.com is where I buy and sell Steem and SBD because the price generally is the best, the transactions are fast, and my account is already verified for up to 100 BTC withdrawals daily. While Bittrex takes more time signing up and getting verified, it allows for trading hundreds of cryptocurrencies including Steem as explained in this tutorial with the matching video below!
6: Where to Read More About Steem?
At https://steem.guide I publish a comprehensive post of tutorials for Steem every month or two which I hope is useful for those of us new to Steem!
7: Best Way to Contact Me?
If you want to contact me, will you please visit https://jerrybanfield.com/contact/ because there I have the best ways to contact me privately?
8: Where to Ask Additional Questions?
To ask follow up questions, will you please join me on my live stream each week Wednesday from 10 am to 11 am eastern time on Steem with @dlive at https://dlive.io/@jerrybanfield or on YouTube at https://www.youtube.com/jerrybanfield because I am available to react live to comments and answer questions every week? Here is the replay from the stream the day after this post!
Thank you for reading this post which I hope is helpful today for seeing the big picture of what we are creating together here and how all of our contributions are making something amazing! All SBD rewards from this post will be sent to @budgets which funds growth projects for Steem.
Love,
Jerry Banfield
Shared on:
- Facebook page with 2,260,298 likes.
- YouTube channel with 234,900 subscribers.
- Twitter to 101,630 followers.
Let's stay together?
- If you want to stay updated via email, will you sign up either to get new emails daily at http://jerry.tips/steemposts or join at http://jerry.tips/emaillist1017 to get an email once a week with highlights?
- If you would like to build a relationship with me online, would you please visit https://jerrybanfield.com/contact/ because I would like a chance to get to know you?
Our Most Important Votes on Steem are for Witness!
- If you do not know what a witness is on Steem, will you please read https://steemit.com/steemit/@gmichelbkk/what-is-a-steem-witness-how-to-vote-and-why because our votes for witnesses determine our future together here on Steem?
- If you want to fully participate in witness voting and have never made a vote before, will you please set me as a proxy at https://steemconnect.com/sign/account-witness-proxy?proxy=jerrybanfield&approve=1 because this help me to make all witness votes on your behalf and keep them updated?
- If you already have voted for witnesses and prefer to update your own witness votes, will you please place your vote using https://steemconnect.com/sign/account-witness-vote?witness=jerrybanfield&approve=1 because you will feel good knowing your witness vote is helping fund projects that grow Steem as explained here?
The fact that you spent so much to promote this to the top of trending and it has over $2k in rewards is absolutely disgusting. You and all of those bot owners who contributed to this should be ashamed.
You're making Steemit look like a scam while trying to promote yourself and make yourself feel important.
It's fucking pathetic, Jerry. Some day the community here is going to wake up, I hope that happens before you do more damage.
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it's the rules of the game. Steem doesn't have a proper promotion system so ppl buy upvotes to promote themselves. The only problem I see is that ppl feel they can't make money on Steem w/o having to buy votes. Jerry is just using the system as created.
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we get to choose the rules of the system lmao. So "Jerry is just using the system as created.", just means "As long as we allow Jerry to operate in this way its completely fine"
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Agree 100%
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Jerry invests % of what he earn back in steemit. He promote the network with advertising. I visit this post from twitter. Also this article proves how well he knows steemit and what is better for the network than someone knowing it well having the money and ideas to promote it? The Richer Jerry got, the better steemit will become! He's a true steemhead. Keep it up man!
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Maybe
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How does a post stating steemit is better than bitcoin prove anything?
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They're all going to zero anyway.
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I like boobs
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Jerry invests less than crap into @steemit . He pays to the bots to promote his low quality posts. How is paying to bots an investment in Steemit ?? Are the bots
actively looking for good quality content? Are the bots creating content? How are the bots participating in a positive manner in here, other than upvoting all the rubbish ?? Not to mention jerry jerry uses his own bot to promote himself. How is that good character ??
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I promote myself writing stupid comments like "I like boobs"
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I like boobs
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See?
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Agree 100%!!!!!!!!!!
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I don't know about that...I only know that I like boobs
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But do you really??? I don't think you're into boobs.
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lol
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If youre a big fat man im a tittie fan and i'd like to see yours to!
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Steem in 2021
https://steemit.com/meme/@yanlipavsky/bl6oyev4
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Agree 77.35%
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Very true, i just joined Steemit this year and it feels really bad if you put hard work into a post and nobody can even see the post if you dont use bots. I really feel i have to use bots just so my post have more exposure and more ppl will see it.... It does feel the system is kinda flawed no? I hope this will be different in the future... And yes, insane money made with his post lol, i wish i would only get 10% of that :)
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bcs of people like jerry all the good content is drowned into the pile of rubbish promoted into the trending page .
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Hey @baloo! Congratulations on using your voting power. I just checked up on you on steemnow.com. Even at a reputation of 49, you are still making a difference.
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This is not using the system as created; but it's abusing the system, which it wasn't created for people to pay tons of money to advertise. It was created to incentivise and encourage it's users to create good quality content . Which is not the case with this post .
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Bots have been around for ages and remove the ability of good quality content to get to the top. It hasn’t been like that since before I joined last year.
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sadly the people who are all for the abuse of the system, do not realize how they are killing the future of the currency. Several people on this thread notice the flaws; and those flaws should not be 'defended', but are, by others who 'also' are exploiting and abusing the system.
People who rob banks don't snitch on other bank robbers....
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the system is rigged....but even if people buy votes, steem is actually superior to all the other cryptos
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These cocksuckers are supposed to be using the FUCKING PROMOTED TAB at the top for shit like this. NOT USING BID BOTS to abuse steemit!!!!
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Hmm would you say my haiku contest isn't good quality content? What about the haikus it produces?
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If it yields creativity and brings something new to the table, then yes, it brings some value to the community . Now it's up to you whether you maintain or increase the quality of it or not .
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Cool. Just checkin' y'all!
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Since all the data is available on the blockchain, someone could make alternative site which filters all the promoted posts automatically.
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Totally agree. The Steem developers have grossly neglected probably the single most important aspect of the Steem economy which is the promotions and advertising feature. This feature needs developing much further.
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I wish I could buy a few votes, in my different posts, I can only achieve 1 or 2 votes hehehehe
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I can't promise I'll upvote any of your posts, but I upvote commenters on my posts, and I'm more generous than some.
You're always welcome on my page.
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Thank you so much. I am follow you now.
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I know how you feel, actually most of the people here are in your situation unfortunately...
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And it will continue that way because with Steem, the money goes to those who already hold the most money!
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Sad but truth
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well the thing is, the more steem someone holds, the more steempower they have, so they basically see self-voting or delegating/selling their votes to a vote bot service as getting a return on their investment. Then they plough their sbd/steem rewards into bots to gain further profits. Steem is just like any other crypto at the end of the day where the big boys are looking for big returns.
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Yes, that is the sad truth. Greetings.
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Hey @juancarlos! I just checked up on you on steemnow.com. Even at a reputation of 44, you are still making a difference by voting on quality content. Once you start gaining more steem, you can learn how to regulate your voting in a measurable way.
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You're right, I have no idea how to use my vote,
I need to learn it.
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I 'think' that is a bot; saw it comment on a few other people with literally the same text ....
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for sure it's like that, a bot that recognizes what your level of reputation or voting power is
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It's not just a feeling. It's a fact.
I don't buy votes (not here for the big profit) and I make about 3 Steem a month. That is not what I would call “making money”. You probably make more with each self upvoted posting. But my self upvotes are worth Ȿ 0.01 which get's rounded down to zero after seven days.
You have joined in 2016 when opportunity was ample and competition low. These times are over. “Isn't that a pyramid scheme?“ I was asked yesterday. That's a hard hitting question.
I for one have a Minds account as well because Minds is only adding crypto right now. At Minds I am the first generation early adaptor.
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I didn't know Minds is adding a cryptocurrency, that's very interesting. Frankly Reddit and Slashdot and even Facebook and Google have been in that position for years where they could do that but I suppose it can be legally difficult to navigate that as a corporation. Besides of course raking in all that money for themselves, why would they give you some? I mean you are only the one generating all the worth of their platform after all.
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"It's the rules of the game"...but the game itself ain't that clean, huh?
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SADLY A HUGE CHUNK OF THE COMMUNITY IS IN HERE ONLY FOR LUCRATIVE PURPOSES AND NOT JUST FOR FUN OR SPREADING SOCIAL MESSAGES TO HUMANITY... I AM STONED TO SHIT (HAPPY 4/20 GUYS!) and sadly this is just the way the system is created, for the first time I agree with you @berniesanders!
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I am agree too!!!!!
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In this case, one is to promote yourself and another thing is to buy 2k rewards in votes. This is a little extreme promotion, don't you think? :))
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100 % True
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Exactly! You know he buys upvotes...buyer beware. Skepticism should be as second nature as cynicism in this age, just exercise it and move on!
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i like the post and i want to steem to be #1 cryptocurrency
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true @ashe-oro It is the way to facilitate the visualization of your publication, but you must invest, even if what @berniesanders says is true, but more truth is that without the healing bots, you can not have more votes.
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okay so they created it then!
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Fully agree. If people are upset/jealous that others are using a bot feel free to create your own and attempt to make it successful. Successful bots deserve their earnings.
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THEY DO HAVE A PROMOTION SYSTEM. Those mother fuckers CHOOSE NOT to use it. They RATHER ABUSE the system & not play the game right!!!! SEE THAT PROMOTED TAB at the top right. That is WHERE THOSE COCKSUCKERS are supposed to be putting this shit at.
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Agree
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the vote bots get more income over time they will become powerful.
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Yes, True
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How is this different than every single other platform out there?
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I fully Agreed!
oww again it still seems One (Me now) commented to be upvoted!
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That is very judgmental (imo). I don't think Jerry's intent is to make #Steemit look like a scam or that his success and continual commitment is disgusting.
With all systems the rules of the game are that, the rules. Yes there are ways to upgrade, evolve and improve and I advocate, as many of us know, that Steemit is an emerging technology.
Let's celebrate what we like instead of bashing what we judge?
Cheers!
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@steemcleaners please get rid of this spam
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capital accumulation. As the vote bots get more income over time they will become more powerful. If you are going to do anything to stop this it has to be sooner rather than later.
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I predicted/proved in 2016 that there was no solution which could make “proof-of-brain” equitable.
The whitepaper of Steem even admits that the “proof-of-brain” reward system depends on being able fool most of the users into doing more effort than they will be equitably rewarded.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Vote bots are run & controlled and owned by the owners of those bots, right? In that case, those people get the capital from those bots. Whether you like it or not, isn't that how capitalism work? Those people have the freedom to do whatever they want with the money they make from bots. Google, Facebook, & so many are making money off us. Facebook uses bots but they calls Facebook Ads. Facebook is making billions of dollars each year off us. I believe in freedoms in the markets to let people do what they want, good or bad. But real people on Steemit can outnumber and outpower bots eventually because people like people more than bots and are more likely to upvote people more than they upvote bots to some extent or that is at least the potential.
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you may believe in the freedoms of the market, but I believe in the complete opposite. I believe in freedom for the people.
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So are you completely atheist? don't you believe in supernatural?
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why?
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just curiosity..... because of you nickname
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I believe they are the same thing. The market is dictated by the people, even the little people. I just checked on your voting power, which is at 87% at the time of this comment. This is a good thing. If more minnows were using their voting power on quality posts, we'd be significantly minimizing the damage the larger scammers and abusers are causing.
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the market is dictated by trends that force people into groups based on how they act, so each person has the freedom to choose what position they join, but the outcome is the same.
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But anarchy, muh job creations and free market!
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They are definitely not the same. Jerry and other groups make out as if if you follow certain rules (quality posts, engagement etc) you will prosper here. It is not the way this works at all. They are quickly writing their own rules, hiding a lot under the table but doing their best to promote the system as though it is squeaky clean. They will do everything in their power o keep the status quo even abusing features like the flag button, circle voting (assisting or turning a blind eye to those who are doing it for instance). It's all looks clean, they are either assisting to protect you and I from spam, scams, or generating quality content by curating.. it's all hogwosh. It's straight up thuglife. The sooner people act collectively, the better.
Capital centers itself around a single goal - profit. People center themselves around other goals, but it becomes hard to organise around such things. Hard, but not impossible.
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This is exactly right. It would really need to be up to the minnows to band together. I think that was the whole point of the curation trail in the first place. It has become abused as well, but at least there is some good with it. I actually talk about how the minnow vote matters in my video here: https://steemit.com/voting/@littlescribe/ysuyl18g
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You have a great collection of useful videos - I've bookmarked that post and will share when I have new friends joining! I like the idea of curation trails, and those votes can really stack up in value if the curation trail master is any good. I use curation trail only for one trail and fanbase for about 4 trusted people here: I constantly go after my votes, reading material, and engaging.. I consider my actual reputation could be spoiled unless I do this - people follow me, not the curator that I follow.
On the issue of whether our votes truly matter, I initially thought you were referring to witness votes ;-) in which case, this 2 year-old post by @transparency may or may not still be relevant - on steemit, all upvotes (even for witnesses) aren't equal. I still screen the witness-category diligantly, believing my tiny vote is still counted.
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@anarchyhasnogods you are on a roll, keep it up
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People tend to believe in freedom of the market right up until the point where the market begins shitting all over them, at which point they about face and start crying about it.
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I have always been against the market, even when it benefits me.
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Me, a "unwoke" person: "Yeah seems reasonable if one follows their principles and we can't always control the things that are out of our control."
Me, a "woke" person: "Well.... uhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh... muh markets are inherently good and can never be challenged ever if it's truly free! Freedums!"
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You’re ostensibly conflating monopolies (due to power vacuums) with free market capitalism.
For example, central banks loaning money to the government (thus forcing regressive taxation) came about because the power vacuum of democracy is totalitarianism.
You’re incorrect to blame the free market for the power vacuum of democracy. The problem with Steem is they haven’t designed the rewards system correctly. I will fix that problem.
There’s nothing wrong with the free market, it’s the design of the system that is fucked.
The alternative to the free market is democracy which is totalitarianism. How many examples (c.f. also) do I need to provide to convince you?
Unless I’ve misunderstood your stance, this is a very grave misunderstanding on your part. I hope you will lose that tendency of chasing your own tail and not realizing it. I hope my elucidation has helped you see the truth.
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The freedom of the market is the freedom of the people because we the people are the markets.
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incorrect, the monopoly of violence enforces arbitrary property laws (private ownership of the means of production for example), and attacks any area without this same system, in an effort to survive. Private ownership of the means of production and capital accumulation forces people into positions based on their actions, and forces them to continue acting in a specific way or lose the position. This means regardless of who is where, society will take the same path. Freedom is when society uses democracy to decide its future, not when it struggles for decades to fight the markets for literal survival (in the case of climate change, and imperialism, for example).
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and using that logic, I can say every system is the people, so thus every system is "free". You can say whatever you want about the correctness of that definition, but that doesn't make it useful.
The definition of freedom I use is the ability of the individuals within society to determine its path, which is not what happens today.
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Would've made Hegel real proud with self-consciousness and self-determinations.
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I believe in making the most useful product. A site filled with self promotion isn't useful.
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Looks like they added a feature to slow down the process of upvoting. Simple answer to the mass upvoting bots for now.
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https://steemit.com/meme/@yanlipavsky/bl6oyev4
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stop advertising
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Pot calling the kettle black
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In your thoughts ?what will be jerry want to prove to be for this post? You is one of the big name here @berniesanders. so i will appreciate what is your nice great replied it's knowledgeable to me. Thank you.
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I don’t know the problem in the wrong rules that allow abuse sometimes, or in the people who take advantages of such rules? I am really wondering and caught in between ethics and legal business opportunities !
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3 likes on Twitter as of now, man that's some trending
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Have you looked at his followers on twitter? I hope he didn't pay to much for them! Likewise, I would have expected someone with over 200,000 subscribers on youtube to have more than 438 views since he put the video up.
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ftfy.
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I smell a great conspiracy theory here...
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Yeah, it is not like YouTube ever censors and hides views and shadow bans and it is not YouTube terminated my OJAWALL channel because that would be crazy right?
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That YT killed your channel is one thing but has nothing to do with jerrys 200k subs which are obviously bought. And even if yt hides his uploads with the glorious algorithm he should have more viewers than 0,25% of the subs. If I compare it with the yt channel of my girlfriend who has 200k subs I would say he has 5k-20k real subs and bought the rest.
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YouTube censors anything they want. YouTube messes with my newsfeed, AKA subscription feed. YT shows me channels I didn't subscribe to sometimes. Normally, no problem, but once a week, I get something in my subscription feed. Twitter shadow bans. Facebook does it. Millions of people can tell you what the HELL I am talking about. For more info about this, go check out the videos of http://MarkDice.com
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These cocksuckers are supposed to be using the FUCKING PROMOTED TAB at the top for shit like this. NOT USING BID BOTS to abuse steemit!!!!
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Bitcoin is almost crossing the finish line, Steem just started its journey and has a long way to go.
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You forget that BTC is the virtual gold. It will always have the greatest value.
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Hy vọng vậy
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BTC crossing finish line? That would pretty much mean the end of cryptos if that would be true. BTC will be worth hundreds of thousands of $$$ in a few years. if not million + .
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This is what happens when you buy followers.
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This is what happens when you buy followers.
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Maybe the answer is a steem-blockchain-based platform that doesn't use post payout value as the basis for post ranking? I dunno. There is, of course, one's feed to help you curate what you like to see best, but how to find those in the first place? It's a conundrum. Anything that can be bought will be sold. In this case, what's valuable is $ on a post, so people buy valuable votes. As I go through a list of the possibilities of how to organically rank content in my head, everything is purchase-able. (And, even worse, those who already have the power have the ability to gain even more power, since wealth is power.)
Perhaps a platform with 'trending rankings' based on how many real-human comments it has? pro: things are ranked by actual interactions. Con: It seems hard to program an AI smart enough to tell the difference between bot comments and human comments...Though, captchas to answer before you leave a comment? hm.
But... we can all agree that, relative to many posts on this platform, this one isn't worth 200,000 times as much as the average noobie's introduce yourself. So, shouldn't we all "disagree on rewards"? Except the power is concentrated in the hands of so few, and there is such an incredibly strong anti-flagging social pressure, and my trickle is better spent upvoting the content I like than downvoting the content I disagree on rewards for, especially if I don't hate the content, just think it's not worth $2k, and since it'd be such a small drop in the bucket...
OH!
oOo. There could be a ranking platform that would pay curators a little more proportionately that had them compare two posts and vote on which they liked better. If you wanted to be considered for the trending page, you'd opt-in. Hmm.
I'm no developer, but that would seem a little less abuse-able. Ideas Ideas.
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Putting forth actual ideas is worth an upvote.
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I appreciate it. I do hope there's some method by which the average user's interests can be taken into account as the platform develops, even though so much of the stake is currently held by a very small percentage of accounts.
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MY foot!
This one (Jerry) is behaving like a man who visits a sick friend with a KFC piece of chicken. All will be well, he tells the sick man, while secretly emptying sick man's pockets money more than his KFC chicken cost.
I Joined only recently, and among the top names i heard of around here as iconic, was Jerry banfield. But with this kind of nonsence, heck it is nonsense. $2,000 plus!!! Seriously this work that is merely full of polemics and semantics is not worth more than 100 buck!
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The title was enough for me, I won't even bother reading the article itself. Last time I read his opinion about cryptos(months ago) he clearly stated he is 100% in Steem, nothing else. That's a pretty big bias and an insane risk. And also the biggest mistake since any crypto project can become worthless in days or even hours...
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True.
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Personally, I lol'd at 'faith'.
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Làm cách nào để đăng bài
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Bạn chỉ cần đăng một bình luận. Tạo một bài đăng blog là khác nhau.
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Its funny, trust me, but not good for the platform at all.
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I have a weird sense of humour - as anyone who reads my #comedyopenmic posts can attest. No, I was laughing at the absurdity - I know markets are hard to predict, but faith, if that is a tendency to ignore evidence, is not a good trait in someone giving you investment advice.
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I agree. And such a comic way you put it! I should follow you pronto!!
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I got your LOL there Sam. I have seen you on the comedy stuff too.
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Thanks.
I'm wondering if part of what makes this all so jarring is that we are not its intended audience. What would a less-scrupulous potential investor make of that list? Are comments about 'faith' a way of telling outsiders that most of us would probably leave it too late to cash out if things turn irrevocably bad?
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I don't know? Would most of us leave it too late to cash out if things turned bad?
Actually, I take that question back. Where is your faith!
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@Mirrors, do you say the same thing to people who smokes, do drugs, drink, buy a bunch of video games, cheat on their wives, etc? Does it matter? What happened to free will? If I want to eat KFC chicken while dying & overpay for the stupid chicken, would you try to stop me or will you let me have the FREEWILL to throw my money away?
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KFC is the national Xmas food of Japan
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I love eating chicken. I love eating from gardens even more.
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Popeye is pretty good it seems. I prefer gardens even more.
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Bernie I wrote a point-by-point rebuttal.
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I think Jerry creates allot of good material. Is it worth 2k dollar? maybe not but than again i rather have the content creator earn money than a giant company who can also censor and dictate to us what we are allowed to write, think and earn.
If you think you can do a good job writing why not focus on that and create good content? Thats why STEEM was created for.
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LOL what a joke berniesanders you flagged my comment here because I don't agree with you, wow. This is what you want for steemit, a platform of censorship. Kindly send me the steemit use handbook approved by you so I will know moving forward how to "use" steemit per berniesanders.
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I flagged you because you're self-voting the fuck out of your posts and comments. There are FAR more flags to come, trust me.
Why haven't you upvoted this one yet?
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why is that an issue? Where can I find a rule book on voting?
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how is this productive? And why do you care what I do with my vote and investment?
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Why do I care? Because you obviously support people like Jerry, who I think are bad for Steem.
Bugs get squashed, don't be a gnat.
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I'm new and sorry for the dumb question, but how do you down vote?

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Just click on the flag icon to the right of each comment or post, and vote someone down the same way you'd vote them up. You have to keep in mind, though, that a downvote also uses up voting power. So use it wisely.
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Probably the most vote worthy comment I've read here.
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what is funny is that you are upvoting your posts too, omg finally some fun here :))
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Yeah, that is right, at least for some of them. Sorry, now I realized that. Anyway, congrats for flagging jerry, he got that post overrewarded
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I deserve what I get from the reward pool because the majority of my voting power goes to flagging trash like you, spammers, scammers, etc.
Keep going, this is about to get real fun for me...
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This is the @berniesanders I have missed. Steemit need more fun again. And you always bring the fun. Maybe you could join my #ShitPostChallenge & have even more fun.
https://steemit.com/shitpostchallenge/@thabiggdogg/7qok6h-shit-post-challenge-win-nothing
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Another one with a dead account. Too bad you're too fucking ignorant to understand the difference between $.75 and $2k. Bye bye!
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lol 2k per post? Damn, I'd be milking the system too. I'd take 20 cents for a post. I can't even get 5cents for a post. I'm broke bitch! @berniesanders
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I think we need to own up to the fact that the platform is broken. And unless we demand some serious change. It will stay that way.
Jerry is just another in a long line of people that's studied the playing field. Found the flaw. And is exploiting it to his benefit.
Right now there is 0 reason for anyone to join this platform unless:
It's a sad state of affairs.
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They should remove bots that vote together most of the time... it's a growing problem.
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Steemit wont last if this shit continues till 2021.
Jerry looks like a geeky mad man in his videos, noding head like an ostrich all the fuking time..
There are already people out there noting down flaws of steemit, and coming up with something better...
No wonder Dan left steemit for EOS.
Steemit Market Cap will cross Bitcoin Market Cap?
Does he even know what he is talking??
He talks:
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Jerry looks like a geeky mad man in his videos, noding head like an ostrich all the fuking time..
That was simply brilliant!
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lol.. most of the time he talks crap confidently, so most of the dumb fucks that follow him trust him.. he has 200k dumb fucks following him on youtube. He is a smart conman for dumbfucks..
His followers
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this comment right here tho!!!
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Real talk brah !! This what exactly I'm feeling right now.. i hate to see this fucking trending page with this bullshit posts over and over again..👍
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And we cant do a shit about it.. Im using steemit just to write posts and comments.. I dont bother about my SP anymore..
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hãy chờ đi bạn
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Please give us links to better systems like maybe http://Gab.ai or what could beat Steemit? Could http://Minds.com do better?
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I just used 4 minutes of my time exactly to read the Minds’ whitepaper. They do nothing to solve the flaws of a reward system that plagues Steem. And a phone number verifies nothing because these can be obtained for free in bulk.
I had signed up for Gab.ai some months ago to respond to some dissident. But the site sucks so much that I never bothered to go back there or even remember the name until you reminded me.
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I prefer Steemit over Gab and Minds at the moment. Yeah, you can always find ways to make fake accounts. People always figure these things out. We can try to stop fake accounts, puppets, clones, bots, etc. But to what end? Of course I do not like fake profiles but I feel it is too counterproductive to go after that for example.
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The UI of Steemit isn’t stellar but it’s better than when I tried Gab in 2016 or 2017. I haven’t tried Minds or Yours.
It’s essential to stop rewarding free tokens from the STINC faucet to fake accounts. That’s means by which the cartel can obfuscate that they’re taking most of the rewards with sockpuppets.
For tokens that are bought in the free market, there’s no problem if the buyer and seller agree to be anonymous. That’s their choice to make.
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I do not really like http://Yours.org at the moment as it is kind of tough to use.
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Ease-of-use is essential for getting more than 1% of the Internet population (c.f. also) to use your software1. Note I’m the sole author of that software and it was a one-man company.
1 More recent page on download.com
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I've almost completely switched to Minds. As far as I'm concerned Steem is dead, eaten from inside by greed. Their whole virtual economy system is utterly inappropriate for any kind of long-term sustainability. Unless something radically changes (and i mean RADICALLY) Steemit is a rotting corpse crawling with bots and ruled by a small clique of unscrupulous robber barons. In the end, Steem prices will collapse and even the whales will lose screwed by their own greed and stupidity.
Over and out.
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When we speak something like this, some whales call us loosers... I wonder whats wrong with their geeky brains. Ignorance will lead steemit to dust, hopefully things change asap. No wonder Dan left steemit for EOS, something more legit.
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Please don't make me point out the irony of intending to say "loser", referring instead to being "looser".
I don't want this conversation to revolve around the status of your anus after being treated by the whales of Steemit, thank you.
[/dick mode]
Seriously, though. If you want respect from aristocrats (rich narcissists/ psychopaths), you have to be mindful of your grammar.
[/truth]
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Another Grammar Nazi..lol. Most of your so called Mainstream English words has Sanskrit Roots, ZERO was invented by an Indian. You people have not been taught your true history, so before correcting grammar of another person, first look how disrespectful and ignorant you are.
However there is something called typing mistake too, and i have better things to do in life then reading everything i type then correct them, then submit, especially when commenting. I dont have free time like people like you here..
You give James Brown a bad rep, though.
Iv got two words for you:

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I would have paid you for a science lesson, but I don't care so much for history. Too bad for you.
(than)
I don't see two words. All I see is a video of two clowns acting the part.
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what is Minds @compleatgamester ??
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These cocksuckers are supposed to be using the FUCKING PROMOTED TAB at the top for shit like this. NOT USING BID BOTS to abuse steemit!!!!
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Steem in 2021
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and voila, there you have your reason why steem will not take that spot from BTC. I'd be surprised if it will be top 10 in a year's time...
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It's not all bots though, is it? There are some actual idiots upvoting this because it had a clickbaity title.
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@berniesanders I am not disagreeing with you at this point, but I wonder where your strong opinion comes from... I am not sure how much internet marketing you do, but the name of the game on social media is Automation. Bots are everywhere, facebook, twitter, youtube, reddit, instagram, pinterest tumblr, literally on every single network. Do those bots add value to the network? I can tell you with certainty that getting bots to pick up a keyword that you targeted is worth money.
I understand we aren't really talking about automation of boring tasks here but we are rather talking about paid promotion. Again, every single social media has paid promotion in some form or another and that includes steemit.
I perceive the voting bots as probably the current best way to promote your content. Do I want it to be like this? No. But if there was an advertising system ran by Steemit then it would most likely be a centralized advertising system. I wish we had a better option but it doesn't seem like we do.
Also I see you upvote yourself a lot to collect rewards, either that or one of those other accounts talks to people the exact same way that you do. Why do you agree with that part of the system but not paying money to possibly make money with vote bots? Thanks for your thoughts.
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Absolutely true, fake guy whit bots trying to speak about steemit sucesses. Steem will be like bitcoin when people like him will stop using bots to be in trending and will be writing unice posts.
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Exactly ,paid post, bots and everything else is taking the lime light here. No genuine posts making money, just paid promotion and bots helping to pep up the vote.
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Absolutely true, I have been writing since many days, trying harder and harder, even some of my articles are better, if not the BEST, but still I haven't been able to receive even $1 on my good posts, that is pretty disappointing even though my fan following has increased to 72 as well.
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It takes a while. Consistent posting with authenticity does bring results. It may not be huge dollar amounts, but you will connect with people and your voice will be heard.
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You are absolutely right.very good comment
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How come you promote #steemit but still recieve sbd for upvote stupid post. LoL
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Steemit is Dead to me
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Steem in 2021
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Logged in to Steemit for the first time in over a year and see this utter garbage on the top of trending. 100 minutes of tokenized shite. Pathetic.
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Remember Jerry taught people how to "HACK STEEMIT"
https://www.bing.com/videos/search?q=steemit%20hack
https://www.youtube.com/watch?time_continue=1595&v=gAq94j1-11Q
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Hey, I'm a newbie but I'd already figured out that you are an asshole. Now I'm having my doubts. Did I get you wrong? Are you against all of this vote selling bot shit? Are you for 100% human curation? If so, then I'm with you, at least on that. :)
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This pushed me over the edge. @nextgencrypto has my support now.
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It's about time. I'm tired of fuckers like this. My VOICE can't be heard because of WHALES like him that will silence people telling the TRUTH on here. People are lucky I don't have half the power Bernie does because if I did they would be FUCKED way more than what he does to them. HAEJIN wouldn't be here right now. I would have made sure he was gone. But getting my 5 cent post flagged from fucking donkeys really makes it hard for me to level up on here. BUT PAYBACKS A BITCH MOTHER FUCKERS!!!!
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I wish online rage could rattle the online cage, but instead you find yourself fighting invisible ninjas and flailing about, realizing suddenly that you've embarrassed yourself again. I know, I know very well, because I agree with you. Every fresh platform that shows up soon get taken over by the self-serving pirates of the digital seas. The world is still dominated by, well, the dominant. If you don't embrace dominance as a valued trait, there's little chance to tip the scales in your favor. If you can fight on behalf of the greater good, you have to ask how that can be done... Mass participation? Collectivist battleships? How can we build collectivist battleships on the platform? Can we delegate an account as the tip of the spear and devise a way to divide the winnings? I'm a newb to blockchain so I'm just spitballin' here.
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I didn't embarrass myself. I slay those fucking wanna-be ninjas. Those ones who claim they are SELF MADE FAMOUS. Ones who claim they have had years & years of this & that. Simple search & you will see YEARS & YEARS of MY NAME on the INTERNETS!!!! I'm more FAMOUS than any of them combined. I just don't fucking brag about it like they do. I don't SCAM people for money. I don't BEG people to GIVE ME money. I EARN what I get. People REMEMBER things that I do. Others are just a slight memory of something they did. People will always remember the things I did.
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Maybe you could join my #ShitPostChallenge & have even more fun.
https://steemit.com/shitpostchallenge/@thabiggdogg/7qok6h-shit-post-challenge-win-nothing
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I tried to vote for you but you didn't win.
DAMN YOU TRUMP!
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So what? If a man can do it let him do it, like you wouldn't do it if you were him. 😁
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Yeah, never mind the uninspired mindless steemit and bitcoin praising
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I have yet to understand the bitcoin praising. Maybe one day I will.
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man I agree
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Why dont you give it a break, you're always on his case.
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Why? Because he's making Steemit look like some fucking get rich quick scheme and that's the last thing this place needs right now. He's scammy, whether intentional or not.
BTW, I love the resteeming posts shaming people for "gambling". What's that all about? Gave me a good laugh.
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I came personally to crypto to get rich quick in a legal way.
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They gamble when they shouldnt.
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you rock
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This guy is a complete shill, I put thousands of hours into steem to make not a dime, just to see this guy clean up for years. I keep trying, I don't need shill monies to love steem
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no, I didn't start off like that. The community was ok at a point, until this incestuous frenzy too hold. Now everything is about leasing your steem power and up voting whales posts, instead of about content creation.
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wow good job bro........
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Hey @NED when are you gonna do something about this? I know you won't because you don't fucking care. Maybe @Dan could login & come flag this bullshit nonsense.
How about some of you Witnesses? Why don't you fucking do something? I see a few have. Ones that don't flag this post down should have their witness status REVOKED.
@jesta
@roelandp
@gtg
@good-karma
@timcliff
@curie
@ausbitbank
@blocktrades
@thecryptodrive
@someguy123
@aggroed
@smooth
@lukestokes
@anyx
@clayop
@pharesim
@xeldal
@pfunk
@furion
@netuoso
@riverhead
@wackou
@followbtcnews
@liondani
@jerrybanfield
@busy
@bhuz
@cervantes
@utopian-io
@wdrakos
@teamsteem
@klye
@abit
@yabapmatt
@blockbrothers
@aizensou
@reggaemuffin
@ihashfury
@charlieshrem
@joseph
@prc
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the whole bot system is killing things. sadly little will get done about it, until people end up leaving, or just run some automated type post system, where a sequence of bots just vote on it.
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What a nice catch...! There has to be action done..Many people are using technology, for any kind of cheating/manipulation..and Bot Owners is the correct word for this :P
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Agree
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BIG PROJECT
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10 reason Scamfield is an asshole
https://steemit.com/steemit/@vaerospace/10-good-reasons-steem-will-not-ever-replace-bitcoin-as-1-cryptocurrency
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I'm a new user and i'm using steemit because i'm sick of all major social medias where you need to buy your promotion. If i'm creating good quality content i would like to get rewarded for what i've done... This is why we're supposed to use steemit... no?
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100% agree
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Welcome back after 2 month.
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Thanks, will update the steemit daily from now on.
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You need to organize the revolution, @berniesanders !
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Maybe you could join my #ShitPostChallenge & have even more fun.
https://steemit.com/shitpostchallenge/@thabiggdogg/7qok6h-shit-post-challenge-win-nothing
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I agree with you 100%
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agreed
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There must be a way to combat this kind of manipulation. Could downvotes help?
Steemit will never become hugely popular if it's filled with this kind of promotion.
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amazing
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If you have a hammer you can build a house or kill a man.... but the hammer is just one tool....
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True, is so disgraceful.. what can you do.. let's clean this crap. He's not invincible, and there is always flagging alright? Looks like we have a lot of cleaning to do here @anthonyadavisii . Look at this ridiculous pool of rewards for basically zero value content.
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Unfortunately @berniesanders this is how Steem Works. When i started here there was not so much usage of bid bots.
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I am now seeing post begging people to DELEGATE steem power to this mother fucker because FACEBOOK BANNED HIS ACCOUNT. If he can spend $2000 on BID BOTS. That mother fucker has enough STEEM POWER already. Don't cry me a fucking river for this fucking guy. I haven't had a fucking job since 2006. You don't see me having people beg to send me STEEM POWER do you????
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@berniesanders: @Thanks a lot for the honour of receiving 7 flags on my currently curated steemit articles. I couldn't hope so much@. ^You should feel lucky Bernie Sanders @berniesanders that Jerry Banfield @jerrybanfield doesn't flag you down to 0 curation on this comment. You are still winning a part of 39.12 STEEM = +++ USD by hate-speeching as a low-life spammer on this trending Jerry Banfield article, btw, FYI. Is that disgusting?^
@jerrybanfield: Congratulations. You made it in the top 20 steemit witnesses.
Your post has been upvoted and resteeemed.
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Agree
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Agree 100% 👍
And waiting for the day when steam will be finally worth more 💰💰💰 than bitcoin.
For now I wish good luck 🍀 for everybody on ♨️ steemit.
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exactly part of my other comment too; the way that steem is set up, it allows too many people to exploit the system; It's a currency where only the Whales make money or benefit from these platforms; Everyone else drowns in the Ocean.
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Agree with you @ berniesanders
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The fact that the post is also inferior o other better content, that is the saddest part about this type of abuse of the system. People like these post a lot of content giving people false hope while hiding the really dirty underhanded facts about this platform which is being made worse by abuse of the features at their disposal. I used to follow but I discovered they are not as principled as the make themselves out to be. It came as a sad realization.
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good
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goood
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Even after you realized this thing you still using Steemit right? You can't force people like him to quit from Steemit neither do i, and if you are leaving Steemit people like him will be more and more to come and Steemit will become passive or cold community.
I'm new at Steemit but i'd love Steemit, this is why i will not leave from here, i will defend Steemit to stay active, fun, exciting social community.
Let's be friend. This place where people can help with their votes, sharing ideas and discuss everything..
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I agree!!
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@berniesanders agreed
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How much money do you think he spends on promotion?
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you act like steemit isnt just like every other social media platform
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steemit is like a game. the system is you pay to get votes. for other crypto, you need to spend lots of money to mine the coin. here in steemit, you post to get coins. know the game well to play it well. since you know this is the way to make more money, why don't you do the same?
can you think of any other legal investment products that offers you 10%-50% returns on your investment in 7 days?? i can't! i only found out about this after reading more on google and steemit.
if you only have $10 to buy votes, then you make lesser. if you have $100 to buy votes, you might even be able to make a good side income from steemit every month. if you have $1000 to buy votes everyday, you can treat this as your full time income!
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sorry @berniesanders what is the bot you own called again please? i ask because i would like to start using it thanks =]
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Hi, you talk about him but we talk about you doing rage post just to get noticed and win steems too??
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Very well said. If it gets informative articles like quora or medium, It'll be one of the top website ever on the internet.
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everyone to their own, be the envious
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Is this right @bernisanders ?
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The pitiful thing is some powerful ppl use their big sp to flag anyone says anything different to their opinions, and at the end of the day brag about what ethically should and what shouldn’t lol 😂
Really pissing me off.. they frighten the little powered ppl to say out what they think.. fuck the flagging power when used to frighten others, to mute mouths, to confiscate the different opinion! What is the different then between bad gov and such ppl?
This issue no less than get quick rich to get people away from this sacred Steemit !
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Shut the fuck up or I'm going to start flagging you again.
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YEAHHHHHHHH I told ya he was a FUCK!!!!!
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what happens with flag im new in community
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This post right here is exactly why steemit will not surpass bitcoin. Why? I'll break down my points.
Buying of votes. Yes I agree that it's allowable to some extent, but 650$? Hell no. Edit: now over 1000$ REALLY!?!?No post should ever be worth this much. Also no offense to @jerrybanfield but this post isn't worth that much, it shouldn't be. Better content writers such as @whatamidoing deserve bigger payouts.
The fact that it seems like only the users control steemit. And look where it has got us? You have @haejin fucking upvoting his shit NINE TIMES A DAY. Nobody can do anything to stop it because he has a ton of funds at his deposal to keep his stuff up.
Minnow support is not strong enough. It relys on the good faith of other users to delegate their sp to it. Kinda hard to do that when the average user has jack shit for steem. Speaking of minnow support, how about you donate some of that sp to it @jerrybanfield instead of reaping all the rewards? Maybe for every other day, you should be using your voting bot FOR FREE.
Witnesses don't give a shit. The major users who are witnesses are just taking in profits while doing nothing. Do we REALLY need another steemit mobile app? No. Instead, we should be figuring out how to stop such abusive users from posting 9 times a day with 100$+ profit on each post.
Censorship. While sometimes it's understandable to downvote comments, it's way to powerful. All it would take for my comment to be hidden is a down vote from @haejin or @jerrybanfield .
Forgive me I'm drinking, but I think I got my point across. In this form , steemit WILL NOT EVER surpass bitcoin, not in a million years.
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Did you notice how he skipped over replying to this one while replying to many others?
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Not only that, but look at the replys. Not ONCE did he upvote a decent reply(wasn't expecting mine). He's too busy collecting money to actually think about helping users. This is why he will never get my vote.
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he will never reply the accusations. He knows that he is wrong doing these things, but he also likes it. What is better is the fact that he used dlive to post this (I guess) and at least some rewards will be returned to that account.
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@mrbearbear - hey man , slightly disagree with your view point , as follows
Take any social media platform , one only succeeds when either they content is gold (Phiily D/ Casey N / others) or they have actual gold (CNN/ Comedy central/other big brands). Let's call it sweat equity vs sweet equity....those are the rules , they may not be fair but those are the rules.
With this context , to your points-
Free market , you can bid as much as you can afford , what's wrong with that?
Either you can bid or cannot bid , once it is ok to bid there can't be any limits.
Money talks , that's life.
Kind of sucks for rest of us.
Charity is not going to get us further in this venture.
As it is the platform is in it's initial years , it's time to put in the sweat equity. If/when it goes mainstream , whatever little minnow support is there will be vanished pretty fast.
Possibly you have tried running a facebook page/ Instagram page or Youtube , it's cut throat competition on those platforms.
As it is pointed out in other trending post today , unless there is monetary incentive for people to clean this stuff up , It's never going to happen.
Well yeah , it is sort of decentralized censorship.
Mean no disrespect , just disagree
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Everyone is entitled to have their own opinions! No worries. Here is my rebuttal
The problem with bid bots is the issue with the rewards pool. Jerry's 2000$ plus reward is taking away from all the other posts for his payout. Constant abuse will only make it worse, encouraging other users to do so. Here in the states, we are technically free market, but even then we have certain laws in place to prevent stuff like this from happening. If you want, I'll ellaborate even further in a future response.
Steemit was made to be a decentralized platform. The path it's headed to is centralization, which the developers have not done anything about. The platform is still young, and much more should be done.
Minnow support will not disappear, but it will lose value. Charities are still around today in our so called free market.
That one I'm in full agreement with. As I was talking with steem.services below, I highly doubt something will be done, unless steem has some sort of competition.
Goes back to the centralization. A single downvote should not be able to make a post hidden. With little accounts that's not an issue with. Nothing decentralized about that.
But of course let's not forget what the whole article is about. Jerry stated he thinks steem will surpass bitcoin in 2021. In this state, it won't, ever. For that to happen, we need growth, and as @themarkymark stated in one of his articles, the growth we are seeing is spam accounts, taking away from actual real users trying to get on the platform.
Not to mention, steem has dropped in market cap right now to below 30. There was a time it was much higher.
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Hey , look at that , 2 people on internet debating without name calling :)
I understand the laws to break down monopoly to foster "free market" but I don't think that would apply within an ecosystem.
If it was upto me , bid bots shouldn't be allowed at all but I also know if we suppress the bid bots it will happen behind the scene on private chat servers .
Unless there is some manual curation or bid bot ban it's probably not going to change.
2.Centralized by people heavily investing in it and becoming whales , they are taking risk by investing and ought to be rewarded by the heavy influence they get in return.
To your broader point , yes, the title is clickbaity but I also see that @jerrybanfield has put a lot of effort in presenting the hour long well researched presentation.
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I guess what you are saying is break up the monopoly of whales by forcing them divest , it has happened in world with big companies but since there is no ID check behind Steem a whale can just create shadow account and split token amongst them.
I do , however , take your broader point about the problem statement of few players having too much influence to leverage the rewards pool.
Here is a potential solution - once you go above a certain reward value , a % is deducted ( let's call it steem tax ?) and that gets fed back into the system.
Dramatic recreation :Here we see a regular steem user being Fuc$$d by a whale
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They will just make more blogs and comment posts with sockpuppets to side-step any threshold.
Sorry there’s no fix for Steem’s reward system. Can’t be fixed. I pointed that out back in 2016.
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baejin x 2
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The points you mention are definitely opportunities for Steemit Inc. to take notice of and make some improvements on the Steem blockchain level.
One recommendation that comes to mind is to enable beneficiary features for post payouts, and to make it so that the more a post earns, the higher the % beneficiary payout would be. That said beneficiary payout could get redistributed as beneficiary rewards to the author's followers/post upvoters/special Steem projects of author's choice/all Steemians. These are just some thoughts and suggestions.
To reduce Steem inflation, a portion of the beneficiary payouts could even get somehow redistributed back into the reward pool or burned (this should be possible without major whales having to downvote overly overvalued and/or spammy/abusive posts). To help with post spam, the initial automatic beneficiary payout % for each post over 4 within 24 hours would be increasingly higher on a linear or exponential scale.
And to help with direct message spam, I have an idea revolving around increasing the SBD from direct message transaction fees once a certain threshold is hit within a certain time frame.
For example, one solution would be to increase the min transaction fee by 0.001 for each 100 messages sent within the hour. The fee would be reduced back to 0.001 if the user waits [(number of messages sent within last 24 hours)/100] hour(s).
These are just some suggestions. Feel free to share yours.
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These voting bots either need to be more strict about blacklisting people, learn to show restraint with all the income they get, make some days free for low level users, or somehow just remove upvote bots all together. Love the idea of the higher beneficiary payout. And I would love steem.inc to take notice of this post. Sadly, I dont think it will happen. Edit: one other point, maybe if steem had some sort of competition, maybe then they would fix this mess.
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Very interesting information!!!
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This.
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He doesn't make it better with his picture lol
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Can I have your bitcoin then?
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You should be asking Jerry that, not me .
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I thought abour writing exactly what you said. But then I read your comment.
Thanks for the summary. That´s all I think what´s going wrong.
There are so many good content creators here that only get a few cents for their content.
And this one here gets over 1000??? Sorry.....
There should be some kind of regulation or limit in voting...
Or anything else. But this is not what its ment to be.
I´ll keep posting and commenting.... but sometimes... I think to myself... WTF???
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Here another thing bitcoin has smart contracts and token is the form of rsk.co
It has kind do 1K tps and more with sharding. As good as steem no but it can scale to billions one day
And second bitcoin is working on diff scaling methods yes it not as good as other coins right now almost every coin has bitcoin traits and many tech is being made by bitcoin every day that other coins are just taking. This was the dumbest post i ever read....
Hope you liked my addition to your claims :)
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You don't want people to upvote too much and you do not want people to downvote too much? Why not combine those two things? If somebody upvotes too much, then why not downvote them too much to fix it? The market is all about supply and demand, right? I do not like regulation. I want more freedoms which can be used for good and for bad and life requires both, the Ying and the Yang.
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Because, it's impossible for both sets of votes to have the same affect. Take for example, haejin. With the cash flow he has, he can downvote any comment til the point it won't be seen. It would take multiple wealthy accounts to get it shown again. Accounts with little sp cant do anything against that. As it t stands right now, there is no balance.
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If you want balance, you have to get more SP or a bunch of people to counter downvotes and upvotes. I believe in becoming the change, the revolution, that you desire in the world.
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Right said Fred
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I have idea how to make this situation a little bit better. I've worked on this idea for 3 months. Hope I launch it soon.
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this is the best post, you have to write more when you are drinking mode m8, and yes what i see where in steam in few days or weeks i have is louds of scams, and selfishness, all most 20 years ago when i start to hear about blockchain and is potential the 1 thing that catch in my mind this is a game changer, the immediately 2 thought as in 15 years we gona see that really people can't do better.
And one more time in 3 generations we ill give control to the master of puputs, no other generations 4 to be precise have 3 game changes in their lives, and opportunity to be together as united to take control from corporations, bankers, and Fundations. And one more time what we do? sacming, expeculation, take advantage from others.
20 years ago i as making our participating in designed study about excellence and mediocrity for Oxford University with more 120 people from all areas, this study as a propose to understand better the reasons of big corporations contract people that put world on edge of a bankruptcy and difficult situation, the iden and true reason as to see how is the real demancion of control and why some as not possible to control and how to do it.
So as find that 2/3 of humanity is medicucrecy and 1/3 is on excelency this as 20 years ago, so you can see very clearly the results of this work.
Blockchain as designed and the tester our the catcher this time as digital currency, we have 2 at best expectations 4 years for all of this get in the hands the real people that have a real and practical agenda.
Unfortunately one more time people are so blind with the little greed that cant see the opportunity they lost in all 2016/2017.
So yes unfortunately steam is not what as designed to be is just one more elethis thing for scammers, greed people andsome desapointed belivers
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Jesus, he's pushing it even more?!?
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It is what it is. Broken system creates broken players.
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Agree
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Exactly. I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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@jerrybanfield, we need both STEEM and SBD on a major multilingual exchange. Right now we have Bittrex (English Only) and Upbit (Korean Only). Binance doesn't count since they don't support SBD. Poloniex and HitBTC have disabled the STEEM and SBD wallets and don't seem to want the business. This has been going on for months.
Both STEEM and SBD are extremely undervalued because they are just not available everywhere like other currencies are. Other currencies have a staff that is aggressively pursuing every avenue to get their currency listed on many exchanges. I don't know if that this is the same for STEEM/SBD. I get the feeling that the approach is a Field of Dreams "Build it and they will come". With the massive amount of competition, I don't believe an approach like that will prevail.
Can you help support getting the right persons to fill out this form to get STEEM and SBD listed on KuCoin?http://kucoinform.mikecrm.com/tAssDWK
We also need Poloniex and HitBTC to stop holding the STEEM and SBD wallets hostage. Do you know what, if anything, is being done?
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I like your constructive reply. I upvoted you. I think you should use some bots and try and rise to the top of this comment section. Please! lol
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Agree with you .. I will sign it myself. If you have it in a special post , I willing resteeem it.
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Check this one out. The last week, the focus was Cobinhood. At least with that one, anyone can fill out the form. You don’t need to be a STEEM executive. https://steemit.com/steemit/@socky/you-can-boost-the-price-of-steem-and-sbd#comments
Thank you for asking and the support!
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Thank you so much for your link
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Gr8 link
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@socky , your comment is specified and pointed,very good job bro.
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FYI there is a .02 minimum payout on earnings so right now you basically wasted an upvote on yourself.
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Click the Play button below and start listening to the audio version of this article.

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WOW .. great service ... it’s a hidden gem 💎 how brilliant idea I think could benefit more inere written articles which has no video embedded!
Respect ✊
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@Jerrybanfied,
You sound like a timeshare sales agent and it was a waste of time to read all your 25 "reasons" that actually put some cloud on real value of steemit as a compeeting platform of free speech. By referring to Bitcoin as "inferior " you expose yourself of a very shallow knowledge about it and seriously shattered my confidence to rely on your opinions for anything else that I would seek education for....
If you really want to inform your readers about steem stick at the values that steem has unique compared to any other crypto including Bitcoin.
Usability is not enough to make steem better than Bitcoin. Water is even more useful than all things you are talking here but it's abundant. SCARCITY is what you have forgotten here and I know that you keep doing videos from at least a year ago so that makes me thinking even for your integrity...
Homework :
Research the Bitcoin and Steem thoroughly, then come up with the best of both.
Please explain to all readers why would we need another crypto here at steem and what would make bitcoins unsuitable for payments within steem?
I will be happy to see your evolved reasons that by reading them would benefit the newcomers AND yourself for delivering better content.
I apologize for my harsh tone and limited English.
Love you back...:-)
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And that's the problem with @jerrybanfield. Not only does he SOUND like a "timeshare sales agent" that's how EVERYONE perceives him and perceives Steem/Steemit because of HIM (except all of the ignorant sheep you see sucking up to him below).
He's just another scammy nobody who appeals to the sheep, his time will come here, just like it did with the DASH community...
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What is Jerry’s history with Dash? Did he hire the lady in the g-string to promote the Dash N’ Drink branded soda pop dispensing machine? Many of us were writing about how Dash is a scam, but I wasn’t tracking the personalities involved with Dash other than when I inadvertently gave Dash creator Evan Duffield the idea for masternodes (after I inadvertently caused the Darkcoin price decline with my comments) and when I later rebuked him and discovered a high school level probability math error in their InstantX security calculations.
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Yes, but there is always a chance, or let KARMA tackle it.
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The people sucking up are hoping for that sweet sweet whale upvote.
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Are you going to be running for office again in 2020?
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Every crypto has its own place. Steemit cant replace bitcoin because its not as secure and decentralised as bitcoin.
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Steemit is good, but I don't think so
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Your skepticism is well founded. I have written a point-by-point rebuttal.
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Hi @jerrybanfield ! Your post is great including several of the most important live projects on the steem blockchain!
It would have been great to have as item 26, the @steem-ambassador guild and #promo-steem which as you know it is rewarding steem promoters/voluntarysts around the world who are spreading the word about the blockchain and onboarding thousands of users to the blockchain.
I even made a recent post for Steem Ambassadors - Have you Considered Voting for @lukestokes.mhth and @jerrybanfield as Witnesses - They are the 2 Witnesses Supporting the @steem-ambassador Guild for Now
Looking forward to your thoughts!
Regards, @gold84
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Never heard of any of The two , but would really worth loo No into them. Thanks for increasing my knowledge 🙏🏼
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Agreed @gold84 ;)
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Great we realized about the same thing @starkerz !
Regards, @gold84
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3rd that! ;)
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vote
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https://steemit.com/dmania/@nrbchowdhury333/a-beautiful-song-or-beautiful-dance-zg1hbmlh-dclxa
@starkerz
@windytram
plz vote me bro
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Hello! I find a lot of interest in your comment. I did not know there was a program, if that's what you'd call it, that rewards people for promoting steem. I, myself, have brought about 5 new users to the steem platform. How does one join? I would like some information if you wouldn't mind sparing some time to show me the way.
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completely agree with you, @ gold84.
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yes,I'm agree with you bro, @gold84, his post included several important topics and very ,much informative
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Greetings, Great Jerry
I do not understand you as much as you do about this blockchaim technology. But reading your writing, I'm very excited about it.
I had a little bit of money invested in bitcoin and other altcoins. I took all of their money and bought steem power, so I think of steemit as a way to work and I'm really investing here.
I'm very grateful for your idea of steem overcoming bitcoin, because, I imagine that all members of this community will be gratified, both for the increase of steem value and for the number of people that will enter here !!!
Thank you and good night!
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I wish you will not remain highly misinformed. I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Do you really have any idea what are you talking about? The purpose of Steem and Bitcoin is totally different. You could compare between BTC vs Dash or some coin that serve similar purpose.
And look at your upvote value.. Don't you think it's pure self promotion? I saw a lot of blog post that got thousands of view but not a single reward. If steem wants to be no 1 platform for bloggers then it should change the way it rewards people.
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Your skepticism is well founded. I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign. I explain the flaws in the rewards algorithm.
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thank you for posting
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Thanks @jerrybanfield for a clear and upfront analysis. I have literally asked people (thousands) to look into the usage of steem blockchain . If utility drives the position then steem is already at number1 . The price is a market dynamic and i think that will soon catch up . Thanks again for wonderful work. I have done witness vote to you as well . Keep doing the amazing work.
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You’re easily fooled I see. I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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SHAME ON YOU JERRY!!
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Your skepticism is well founded. I have written a point-by-point rebuttal.
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steemit is already works as a platform we are seeing people actively posting and getting reward, and steemit is the largest transaction in cryptocurrencies. :)
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I wish you will not remain highly misinformed. I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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I have resteemed Jerry’s blog to my 1865 followers (only the 3rd blog I ever resteemed) because I want to promote the transparency of this debate.
Readers first take the time to dig into the serious flaws of Steem which can’t ever be improved. These flaws were premeditated by Dan Larimer et al. The reasons the (probably fatal) flaws can’t ever be improved are explained at the linked comments and in the proof/prediction I made in 2016. The whitepaper of Steem even admits that the “proof-of-brain” reward system depends on being able fool most of the users into doing more effort than they will be equitably rewarded. This psychological deception is quite clever and effective at fooling newbies and n00bs.
It is very important to understand that the cartels and whales generate asymmetrically, disproportionately more rewards than their share of the SP stake that they hold. So not only do they get outsized rewards, but they get more than their outsized share. This concept seems to fly right over the head of the community-at-large. It is much worse than capitalism and should not be conflated with free markets. It is a by-design power vacuum induced monopoly.
@jerrybanfield, I want to point out that many of your reasons are incorrect:
Which doesn’t happen much on Steem because the flaws of Steem force everyone to only vote for themselves, buy votes, joining voting cartels, and employ bots, else they are losing their opportunity cost to those who do. This is a fact that is admitted by all the experts who are honest.
Most of that vaunted transaction volume and 8000 daily signups are ostensibly due to bots and sockpuppet faucet accounts created to rob the system of value for those (probably STINC) whales who control Steem.
There’s probably less than 100,000 real human users of Steem. If you have proof otherwise, I want you to show it?
@samueldouglas wrote:
My market analysis of the SMT concept, is that it has a dubious chance of being widely adopted but unknowns preclude me from outright asserting it will fail.
You haven’t proven that Steem advertising for ICOs is greater than that on Bitcointalk (including signature campaigns), Coindesk, Coinmarketcap, etc, etc.
And your assumption is very likely not true. Speculators aren’t here en masse writing blogs on Steem. They don’t have time for that.
Son wipe that consortium blockchains drivel off your chin where it has dribbled. Which continues to get worse for EOS.
The Corbett Report with it’s 1 million Youtube viewers recently featured Steem and has allowed open source revelations.
Your overconfidence is very welcoming. I’m the one who is developing the competitor that will dethrone Steem and being 100 times better is a walk in the park at least in terms of design parameters.
I already explained that there is no way that Steem has a million users. In the 3rd year, it still has only 60,000 active users and many of them are likely sock puppets. There may be as few as 10,000 or even less real bona fide bloggers on Steem.
Note I wouldn’t worry about Minds and Gab.ia ever being serious competitors. Ned also pointed this out.
This project can’t get the upvote button in front of the users because it has no control over the Github user interface. So it will not integrate seamlessly and thus not attain the ease-of-use and economies-of-scale/critical mass of usership to cross the chasm to adoption.
Ditto. Insufficient critical mass of economies-of-scale in terms of getting upvote buttons in front of users who’ve signed up for Steem, especially since signing up for Steem for free has become nearly impossible because allegedly STINC is reserving/allowing the faucet for (it’s own?) bots and sockpuppets.
There were many such platforms created before but they all failed because of the same critical mass issue. Crowdfunding relies on being able to attract 1 out of every 10 million people on the planet to your campaign. If each of those 1-in-a-10-million happens to not be a user of Steem, your campaign dies. Who ever created that project is a marketing dunce.
Where’s the data supporting this FUD? Obviously a few creators come and go for various reasons, but there’s no mass exodus yet to blockchain-based social media. We’re still a tiny, itsy-bitsy fringe.
So you originate from the original master scam of Dash masternodes to this newer Steem scam? Interesting.
This and money laundering are two sources of incoming investment and liquidity that can keep Steem afloat in the short-term. The money laundering prison sentences are rather severe and I wonder how many users of Steem have thought about whether they’re incriminating themselves by using Steem?
That is the model STINC is ostensibly counting on where they can continue to cash out while allegedly generating more SP for themselves via the faucet and sockpuppets.
But the problem is that if a replacement for Steem comes along with an even more lucrative investment model and one that is not flawed such that the flaws of Steem are exposed by the relative comparison, there could be a mass and rapidly accelerating exodus coupled with the replacement quickly adding more new real human users than Steem ever had. Then it could possibly cause some of those investors to be stuck powered up for 13 weeks while Steem is crashing.
There’s not complete transparency without verified identities, because we don’t know whom is operating the (allegedly up to 8000 per day) new sock puppet signups.
The lack of a transaction fee allegedly incentivizes massive sock puppet and bot voting/comment spam ostensibly as a means of gaming the reward system as explained in the linked comments I already provided.
The ostensibly 8000 new sock puppet accounts per day is not a sign of mass adoption. It is sign of a highly flawed design where everyone is incentivized to defect and extract value in a Ponzi scheme that relies on new investors coming in to grab their share of the Ponzi rewards.
You shouldn’t be offended by my frank post, since you’re apparently taking full advantage of the flawed design of Steem which I admit you can and should do because the broken design isn’t your fault and not doing so would allow others to “steal” your opportunity cost. And you’re allegedly doing your job as an elected witness to promote Steem. Ahem. Cough. Ummm. IOW, Steem’s vaunted “proof-of-brain” reward design is a Prisoner’s Dilemma that can never be equitable.
I’m really curious as to how you manage to act so sincere in your video. And I see also one of your “self-help” books on your personal website extol Christian-like virtues of helping other humans. Is it that you’re too ignorant about the technology to understand the flaws of Steem? Or are you capable of somehow rationalizing to yourself that your ethics are pure? Or are you just an expert actor and con man? Btw, I couldn’t watch your video beyond the first 30 seconds or so, because of your rambling and sensationalized style of presentation. Get directly to the point man with well reasoned elocution.
EDIT: please note my comment reply to @prameshtyagi for some clarification of my viewpoints.
Disclaimer: I’m developing a competitor to Steem, so I have a confirmation bias and vested interest to find flaws in Steem. But I also write this to encourage people to sustain their idealistic hope.
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First of all, thanks for this. I had no idea how ignorant I was about how things ran on this platform. I feel a bit sour though knowing that I work so hard to produce content. I am not saying they are mindblowing, but to know that value does not always translate into just reward, I guess, is one of those things I suspected, but had no idea was so widespread.
That said, I am still trying to wrap my head around the fact that there are so few real bloggers on steemit.
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I want to try to balance out my comments some. It’s not all bad. We have this “decentralized” platform to communicate with each other. The very active community has collected a critical mass of supporters. Much of the foundational engineering for putting social networking and media on a distributed ledger have been demonstrated. We have ongoing experiments in adding new functionality on top of the ledger such as Dlive. Etc. In my opinion, this is progress. Even I noticed some users commenting on this blog that they joined Steem because of Jerry’s Youtube promotions. Everyone is part of a larger process whether they realize it or not. And nobody owns the community. The community has it’s own independent mind. I have to tip my hat to those guys for creating something. When others were talking, they were doing. I’ll take the bad with the good for the time being because it is what we have available and it is to some degree working. Heck personally I am damn glad Steem exists given I am perma-banned from Bitcointalk.org.
I resteemed this blog because for example look at all the comment activity and discussion. This is a sign of life for Steem and is positive.
One of my motivations for writing this now (and I do have other vested bias motivations), is I think the community should not get discouraged. This is a process.
Also I wouldn’t feel bad for not knowing all these issues. There’s probably only a handful or two of people who understood all of those factors.
And by writing this, I will motivate others (other than myself and my project) to work on solutions. The more people that understand the issues, the more chances for the process to move along faster. IOW, we have a mostly open sourced process underway.
We can all do our part in keeping the community informed by for example linking new users to these caveats and other well reasoned+researched viewpoints. Perhaps some of you might create a new FAQ for Steem that is not controlled by STINC.
I hope we will continue evangelizing Steem with caveats. And see what comes. Maintain open minds and observe all options.
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I am inviting everyone to feedback on a naming a new project which will attempt to fix these problems.
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I have read through it, but I have not yet made a decision. I will try and see what I can do, though I suck at these things.
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Not intended to pressure anyone. Those who have something they feel is worthy to share will probably do so if they think it’s worthy to do so. Some follow-up comments on that blog of mine have already generated some new ideas.
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I agree the reward system is not ok on steemit.
I am totally against the presence of bots On steemit Platform. It’s a social media platform, and social means human to human interaction ; not human to bot ; or bot to bot , as steemit has become.
When are launching your blockchain based social media?
I have following suggestions :
If you incorporate the above suggestions in your social media, I am sure it will be way ahead of Steemit.
Do let me know when you launch it. I would like to join and would love to invest in something better than what we have here.
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I am motivated by seeing that others are thinking this way about design requirements.
I believe the way to mitigate the negative impact of bots and sockpuppets is a radical reformulation of a reward and content ranking system. I will not offer my design right now though, although I have already linked to my point about getting rid of one-size-fits-all rankings (meaning not every user would see the same ranking for the same blog, comment, video, etc). Others may be contemplating new designs also.
That is accomplished in my design.
I posit that the change to the reward and rankings which I contemplate, wouldn’t need to require that restriction in order to mitigate deleterious impacts on the community. It should economically motivate people to normally operate from one identifiable account, unless there is a game theory for their circumstances that benefits them to dilute their followers across multiple identities that still wouldn’t be deleterious.
This can’t be entirely controlled in an open network. For example it is impossible to design a game that prevents bots from playing (I looked into this because one of my original ideas was to reward tokens based on playing a game or measuring real activity and I learned it can always be gamed by bots). But the economic incentives can be such that bots are doing non-deleterious activities. This comes back to the point of the reward system not being a Prisoner’s dilemma so that it’s not maximally profitable to defect significantly from optimum outcomes for the community as a whole.
Full text search is resource intensive. Google has 1000s of servers. This can be done of course if we can monetize it. It probably means users will have to pay a minuscule transaction fee per full text search (perhaps 10,000 searches per penny). If we otherwise charge everyone collectively for the full text searches (as in how Steem/DPoS charges everyone for the “free” transaction fees by minting rewards for witnesses and nodes from the collective money supply) then it may become a searching spam attack vector. I actually haven’t thought about this engineering issue yet, and am just speaking off-the-cuff.
NEWS FLASH (for those who might not know this): nothing in life is free, not even Steem’s “free” transaction fees. Facebook is not free, you have given them control over your data and allowed them to subject you to advertising. When we try to “give away for free what is not free”1, then we create power vacuums with deleterious, top-down control outcomes.
Note we collectively can give rewards for desirable activity. The essence of the challenge is objectivity and transparency of the metrics. The problem with the upvoting paradigm as currently structured in Steem is that there’s no way to make it objective and transparent. Therefor it defaults to a power vacuum, which means winner-take-all top-down control.
Prepare for your mind to be blown. Your requests are quite tame. 😁
Ty. Actually I was trying not to mention vaporware but then I realized that if I didn’t add the Disclaimer I would be remiss. And I also took offense to Jerry’s overconfidence that nothing can compete with Steem, but I let myself get carried away a bit. Now I feel not good talking about a project which is not released. So please let me go back into hiding for a while so I don’t embarrass myself with useless words. No comment on ETA.
1 I first read (c.f. also) this aphorism from Jason Hommel aka @jasonhommel.
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Good luck 👍
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I am inviting everyone to feedback on a naming a new project which will attempt to fix these problems.
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As much as I may like the idea of "one account per person," I would not at all like the only way to enforce such a thing. Accounts would have to be linked to peoples id's or passports or some such which would totally ruin any prospect of remaining anonymous, which in turn would lead to self censorship, which in turn would lead to a boring, non thought provoking, stall environment.
I could certainly see the benefits of having multiple account/personas in game theory. If one wanted to write a certain type of thing they could use one, where if they also wanted to make music, which may not cater to or possibly even "turn off" those interested of the literature, one could create a different persona.
I would have no problem, with micro transactions. In fact I would encourage them if it was to limit the rampant spread of spam and annoying bots. If your paying a 1000th or even a 100th of a penny for a service, that's no skin off my back but it is to the spammers.
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The ledger doesn’t have to enforce it. I have no plans to put any code in a ledger that forces everyone to identify themselves and maintain only one account. It should always be an optional choice. However, the governments may force the people do it.
Indeed, that is what I had alluded to.
And that transaction fee should be a 1000th or less in a properly designed, sharded validation ledger. Note that sharded validation is normally insecure, but I have posited solution. Note also my reply to @codypanama.
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We can possibly disincentivize the deleterious activity of bots with the economic incentives in the design, but you’re correct that we can’t eliminate them.
I think what she really meant is to eliminate the deleterious activity of bots.
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I do not use bots. I do not vote for myself. I make money on Steemit. I buy Bitcoin in case Steemit dies someday. Don't keep all your eggs on one basket. I'm on Gab, Minds, Facebook, MySpace, and many places because better safe than sorry. I love talking to people and I love sharing. I'm Oatmeal. Upvoted.
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I jump into this link right after a I saw your comment which is more worth it to comment here than on the jerry ban field post. I hope that someone able to reduce the amout of bot or limit the usage of the bot only to retrieve old post which had quality or useful as source of information. I appreciate your effort to deliver a good info for the rest of steemers
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Ty. I can appreciate Jerry’s blog because it gives us an opportunity to discuss and shine a bright light on his points.
There’s no way to limit bots or sockpuppets unless Steem gives up the free transaction fees model and/or forces all users to be heavily identified in some way that can’t be gamed. Phone numbers are useless for verification because they can be obtained for free in bulk these days. But even if those changes were made, it wouldn’t solve the problem.
This isn’t intended to be pejorative in any way. But when you mention bots or sockpuppets, you are really not understanding the root of the problem. The root of the problem is the fact that the “proof-of-brain” rewards system is “damned if you do, and damned if you don’t”. Which means there is no change that can be made to it that would fix it. It is inherently unfixable. Voting for rewards from a collective pool of minted money supply is inherently flawed because it forms a power vacuum and a Prisoner’s dilemma. There is no possible fix. I explained that in 2016 and seems that novices can’t understand the logic and math I presented. Or perhaps I just haven’t explained it well enough yet or haven’t yet drawn enough attention to that 2016 blog post in the context of the outcome it predicted.
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I will translate for Korean.
Thanks for sharing your idea.
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Thank you for being a liaison to the Korean community.
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Hey @anonymint. Thank you so much for writing this. While I'm still slightly confused by some of the more complex elements to the platform I can see clearly in your article how things are not always as they seem! I'd certainly be interested to find out more and have definitely benefitted from being an early adopter in Steem as much as 2 years ago have spoken to someone at a wedding who told me about it. Needless to say, I signed up and managed to create enough content to earn steem before the bots came a'running! I genuinely do look through the platform to comment and engage - just like we are doing now but can also see how people exploit things. Anyways, if you have any solutions to the problems you mentioned above I'd be more than willing to hear them! All the best, jonathan
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Thanks Jonny for appreciating the effort. I’m repulsed after-the-fact by my avatar being plastered all over this blog trying to get others to notice my rebuttal. I wanted to get the ball rolling on wider awareness. I hope the community can carry the torch on educating others. I don’t want to have to plaster my avatar all over again. It’s embarrassing as if I am trying to grab attention to myself, which is not the case. I could probably reword some of my comments in a less combative tone, but I wrote too much already and don’t have enough time to go back to make all the words perfected.
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I am inviting everyone to feedback on a naming a new project which will attempt to fix these problems.
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Ok I agree. But what do you suggest?
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Good one. You caught me in an uncomfortable position. This is one of the reasons I have laid low and not been outspoken as I could be. Because people hate to hear complaints without a solution. The whiner who only criticizes and doesn’t build. Or as Linus Torvalds said, “Show me the code, talk is cheap.”
If I tell you now the design I have formulated to fix it before such a project has launched, then some other group is likely to release some DPoS clone modified to implement my idea and which would not include the radically redesigned consensus algorithm I designed. I’m also trying to fix the problems with consortium blockchains. So I think if I was the one to figure this out, that I as the lead dev would be the best one to bring a project with my design to launch. Others can work on their own designs and we can observe the outcome of which effort works out best. So that the first-mover benefits are not diluted from clones lead by those who don’t have all the holistic knowledge that I have. Also design-by-committee doesn’t work well. Open source is good for maintenance and refining launched projects, not for design. Small focused design teams work best. So I will decline from telling you now, but I will open source as soon as I can. Apologies I hate closed source but in this instance I must temporarily.
EDIT: I will make a reply to @joeyarnoldvin that will hint at some solutions.
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I am following you
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Agreed. After digging in, I'm no longer bullish on $Steem in the long run. Most of the whales have no interest in the platform. They seem to be waiting to cash out. Others abuse the system.
One point no one makes is about the effect whales have on witness voting. Witness votes don't expire which means witnesses can stay in the Top 20 without having to be active in the community.
On that note, I believe that @jerrybanfield is sincere. I think you're wrong to question that.
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Well I caution myself that it’s difficult to predict the future. Steem could perhaps be forked and significant changes made by the users.
He may (or may not) be, which I acknowledged for example in this edit I added before you wrote your comment:
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Fyi, I am inviting everyone to feedback on a naming a new project which will attempt to fix these problems.
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In all fairness Mint, I look forward to seeing your end result.
Sounds fantasticly fair.
Cheers.
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I am inviting everyone to feedback on a naming a new project which will attempt to fix these problems.
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I agree the reward system is not ok on steemit.
I am totally against the presence of bots On steemit Platform. It’s a social media platform, and social means human to human interaction ; not human to bot ; or bot to bot , as steemit has become.
When are launching your blockchain based social media?
I have following suggestions :
If you incorporate the above suggestions in your social media, I am sure it will be way ahead of Steemit.
Do let me know when you launch it. I would like to join and would love to invest in something better than what we have here.
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Seems someone turned off steem bots today :) https://imgur.com/a/hf4c9BV Naked truth about activity?
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Even today we can see few things:
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Hahaha nice post.
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I have to share some light here..... Hopefully you will understand and it will raise a smile :)
I like this music. thanks for sharing this post. I appreciate your post ... lol
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May I translate this posting to Korean?
and I wanna have a deep discussion about your new blockchain-based social media.
plz e-mail me via
jcs191072@gmail.com
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Just want to let know in case you didn’t see it that @apitt925 wrote he would translate to Korean. Anyone has my permission to translate to any language/audience and republish any of my public blogs or comments (unless I have expressly prohibited it with on the post such as with the statement “all rights reserved”) as long as they kindly provide attribution and a link to the source.
I will send you an email now. (EDIT: I never received an email reply from you)
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Amazing that you write this tome of super informative analysis of how Steem ecosystem works and you get $1.29. And then you have Haejin post 2 paragraphs on a BTC chart saying "Good time to buy" and he makes $700. Something is seriously wrong with STEEM. The reasons you mentioned are the reasons why I write on Medium and not on here. Why put time/money/energy to make someone else money. It seems like a rip-off for any content creator that isn't personally approved/supported by a whale. I mean why even bother?
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I will make you aware of my analysis of why Medium’s business model is broken. I rebutted Ev Williams the CEO of Medium and co-founder of Twitter. Note the linked comment is on my new blog which is for naming the project that will replace Steem.
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That would be nice.
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That would be sweet and rewarding for all steemians that stick around and understand the value of steem.
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steemit will take over social media in a few years
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I doubt that Steem will exist by 2021.
If it will exist by then, both Bitcoin and Steem will barely bu usable by then.
Bitcoin's infrastructure's weaknesses were starting to show by late 2017.
With Steem, the problem is with its interfaces - on steemit.com this thread is practically not browseable, and the other interfaces charge their customers dearly, taxing their income, not only their profits.
My computer acts similar to POW mining when I open such steemit pages in it.
I am barely able to type this text.
In the wallet/transfers it is the same problem.
The STEEM blockchain with its excessive amount of spam is also unsustainable.
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You got a 16.67% upvote from @proffit courtesy of @stimialiti!
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You got a 12.50% upvote from @luckyvotes courtesy of @stimialiti!
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You got a 15.17% upvote from @sleeplesswhale courtesy of @stimialiti!
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That’s hilariously amazing
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what a fat juicy up-vote XD
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When these projection or i may call it prophesy of @jerrybanfield come into fruition, then its party time for the steemit world!
I cant wait for it to happen. 😊
From now on, lets do our best to accumulate more steem and be financially free come 2021 😉
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You’re easily fooled I see. I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Agree 100%
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Hi Jerry,
I don't have time to address all 25 points. But I would offer a few observations:
Yes, we are approaching 1,000,000 accounts. But we still only have a bit over 60,000 active per day.
Of the accounts that are active, we don't really know how many of them are genuine human bloggers aiming to produce the kind of content that will bring people here. As I've discussed elsewhere recently, there are rings of mutually-upvoting spam that involve many thousands of accounts per ring. I'm not experienced enough in pulling data from the blockchain (yet), but I think 1% of all accounts being semi-automated spam producers would be a conservative estimate. If they are all relatively active, then they could be a large chunk of our 'active' accounts. So maybe it's more like 50,000 active users.
Anecdotally, I've seen a large upswing in new accounts that really only exist to game the system, whether by automated means or not - usually through mutual upvoting or using low-effort comments or posts to farm bot votes.
The existence of bidbots is not necessarily a positive to either the economic or intellectual wellbeing of steemit. They potentially undermine both proof-of-brain and sweat equity. They also make delegation to community projects such @curie and @comedyopenmic less attractive. What's your plan for when these bots have absorbed the majority of the SP?
I think you understand the Steem economy quite well, but I'm not convinced you are being totally genuine. Our currencies need new money buying in to offset inflation and drive up demand. But we can't ever overtake bitcoin while the user base for steemit and all the other apps are so tiny. Nor can we overtake other social media with so few users. Eventually, this new money has to be buying ‘eyes on’ content. No corporate advertiser is going to risk tying up serious money in SP for a potential audience of 50,000.
I do not think we can survive in the long term if the majority of the community are all either bidbot investors or grifters. Sure, we can pump and dump plenty of times before anyone notices that all the actual content creators have left for another blockchain. But eventually, such a situation would come unstuck, and once the promise of new money dries up, it’s all over. In the interim, leasing to a bidbot is a great way to get liquid SBD or STEEM to sell, without the awkwardness of being seen to be powering down.
I could go on, but I have work to do that will earn me more than the few dollars I earn for the hours it takes to write a decent post.
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very nice comment. your comment and thinking really good.
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@SamuelDouglas, yes, agreed, understood, I sympathize, empathize, with Steemit problems. I don't like bots. I don't like spam. However, Facebook has bots too, called Facebook Ads. Facebook is already making billions of dollars off of us humans globally each year.
Steemit at least lets some of us humans on earth make some money some of the time, and Steemit is not perfect but it might be a little better than whatever Facebook might be.
Would Steemit really be better without bots? My question is asking about the alternatives we may have in life. Can http://Gab.ai or maybe http://Minds.com do better than http://Steemit.com or what? I like Steemit and I think real humans can maybe someday, if not already, outnumber, outpower, the bots or whatever that sucks. Life is full of spam, scams, bad stuff, but some of the good people and good things in life can rise up out of that mess of storms towards rainbows maybe, just maybe, eventually, potentially, someday, right?
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Do accounts run humans outnumber bots on steemit? Absolutely!
Do accounts run by humans in order to post quality content outnumber accounts run by other humans that spam the network? I'm not so sure. I have seen one mutually-upvoting spam ring with over 7000 accounts. Do we really know how many more like that there are?
In any case, whether or not bots outnumber humans is the wrong question in a stake-weighted system. One account with a million SP is at least as influential as 100,000 accounts with 10 SP.
Would we be better off without bots? Probably, but that depends on whose measure for success you use. By purchasing votes from bots, minnows and plankton are fooled into thinking that the enormous divide in wealth that exists here isn't at all to their benefit.
As things stand, without bots we'd be begging whales for votes. But wouldn't getting a $10 vote be better if you didn't have to pay $9 for it. The whale who delegated the SP required could have not made the delegation, and just given you the upvote. But why would they do that when we tolerate them setting up a system where we now pay for something that they could give away for free if they wanted. If you are an investor who does not worry too much about the future, what we have right now is working just fine.
Steemit is better than so many alternatives. But it can't just be slightly better. People won't abandon their personal social networks and existing economic thinking for what we have here right now.
I'm not being negative for the fun of it either. I'd love for STEEM and sbd be worth so much that I could just hang out on steemit all day and make some decent coin off my writing. But unless we address what is happening, right now, I cannot see that ever happening. Even free-marketeers who are fans of bidbots, such as @yallapapi can see that.
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Any proof? I highly doubt that. There are 8000 signups per day probably nearly all of them are sockpuppets to take SP from the STINC faucet for the benefit of insiders. Then those employed to upvote content of the cartel so they continue mint new SP to replace the STEEM they’re dumping in exchange for BTC. Continuously cashing out and minting more to replenish the swindle.
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I think we may have crossed wires a little in our definitions of 'bots' - I was being more strict on the automation side - but if we use it to broadly to mean partially automated sock-puppet accounts, then yes, you are correct. They are certainly there to take SP from the faucet though not all operations require that SP.
Insiders? STINC insiders? I know @themarkymark implied that recently, but I was beginning to wonder. What's the benefit of minting new SP at the same time as dumping STEEM? Is it to artificially boost some market indicator? I'll have to think this over in the morning, when I'm less sleep-deprived.
I was thinking about market manipulation as we approach the launch of SMT's. There's a question that, AFAIK, no one has asked @ned. I'm not going to bust it out quite yet - but I'll just say this: I suspect that for SMTs to be attractive to investors, STEEM needs to not experience any precipitous falls.
(Sorry of this makes no sense - too tired to internet).
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If I am not mistaken, the STINC faucet doesn’t mint new SP. It distributes SP they already own to new accounts. The purpose of distributing these to sockpuppets would be to obscure the fact that these sockpuppets are being employed to upvote their own content which pay rewards to the same entity. So in this way a large portion of the minted rewards end up in the pockets of this entity. This helps replenish STEEM that is being constantly dumped for BTC.
Regarding SMTs, the white paper is blatantly pointing out that one goal is to drive more demand for STEEM. And of course what is not spoken but is obvious to astute observers is that the issuers of an SMT can then duplicate this corruption that STINC is allegedly doing, siphoning off BTC continuously while surreptitiously capturing most of the rewards for themselves.
The fly in the ointment for these clever nincompoops, is that the entire rewards ruse is (as admitted in the Steem whitepaper) predicated on the psychology of fooling most participants into doing more effort than they’re equitably compensated for. Thus the success of SMTs is predicated on fooling the users and investors into believing this ruse. I doubt that non-crypto traditional social media sites can get the same enthusiasm from their users for this type of “proof-of-brain” rewards system as is the case for Steem. People come to Steem because they believe in the ruse. Thus I conclude that the SMTs will not be able to obtain sufficient interest except for new ICOs for new projects targeted to crypto audiences. Remember the early adopters of Steem were via word-of-mouth (bfs to their gfs) via those who (bfs) were already very enthusiastic and invested in crypto.
The whitepaper of Steem admits that the “proof-of-brain” reward system depends on being able fool most of the users into doing more effort than they will be equitably rewarded.
P.S. hope you caught up on your sleep. I’m experience that often also.
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Aha, so it's a way of covertly converting their enormous wad of SP in to cold hard bitcoin without powering it all down.
Yes, the ruse. I had a few socialist friends when I was an undergraduate. I never read as much Marxist theory as probably should have (as a philosophy academic), but I did have enough intoxicated discussions of economics with those guys to reasonably channel what their take on the ruse would be - that it's not unlike the treatment of labour under capitalism in general. Now, I don't know if I'd go this far, but it does seem that people with the most ardent, but least critical, belief in free-market economics are those mostly likely to be taken in by this strategy.
It was that sort of thing I was thinking about when I responded to @littlescribe regarding our good friend Jerry Banfield - tldr; I suspect some of the ways he talks up the steemit community are intended to present us as 'bag-holders' to a certain class of prospective investors and/or condition us to exhibit that behaviour.
As for the SMTs - anyone with half a brain must be able to see that they are indeed intended to drive demand for STEEM. What mystifies me is that people see this as an endorsement of the success of steemit and DTube etc. I think it could be reasonably interpreted as just the opposite. While I (hopefully) have your attention, I may as well as voice the question that I can't let go of: What happens to the value of an SMT (or all SMTs) if the value of STEEM drops ?
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There are probably interactions/dependencies between STEEM price and SMTs but I don’t have time to study the intricacies of that. The SMT whitepaper is not well written. Obviously who ever is writing that is not a PhD, lol.
My high-level interest is whether there can be significant demand for the STEEM “proof-of-brain” rewards paradigm on traditional social media websites that want to monetize their userbase? My thought is that their users must have the ideological enthusiasm of Steemians and also there must be sufficient economy-of-scale interest in each specific SMT token. Why not just buy STEEM instead of the SMT since it is the common denominator for all SMTs? Any social media site that is larger than STEEM would build their own system and not leverage SMT.
Thus I think the SMT is some sort of hype vehicle and perhaps another way to obscure sock puppets and other manipulations. I would have to dig into the intricacies of the SMT design to ferret out all the obfuscated game theory.
Let me say for the record that I don’t know whom at STINC is corrupted. I have no way of knowing if Ned is just a pawn and if he really believes they are developing great technological solutions. Ned’s video at the SMT website actually makes some astute points that are in the design I am working on. Most of those guys may actually believe that SMT can take over the Internet. Also perhaps they have some connections to significant traditional social networks that I don’t know about.
I claimed the market analysis for SMT is dubious, but I also realize there’s some unknowns so I can’t outright claim it will fail.
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Wololo!
(RandoHealer has healed this post because your blog was targeted for healing due to malicious downvotes!)
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Agreed, focus on the love over the hate.
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I really like steem...
But steem's mega inflation making it not a good currency.
But of course a good social network, till the user base growth is bigger than inflation.
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While I do agree that steemit is a wonderful platform, don't you think this is pushing it a bit? Furthermore, steemit and BTC perform two completely different functions. It sounds like comparing apples to oranges.
Extoling the virtues of steemit is fine, but then to copare the two seems a bit dubious.
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Why is Steem a wonderful platform and not a scam? I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign. I wish to read your reply after you read all the facts I have accumulated.
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FUCK THIS SHIT WON'T BE HELPING ANYMORE WITH SHIT LIKE THIS GOING ON!!! THIS IS ABUSE AT THE HIGHEST FUCKING LEVEL ON STEEMIT. @HAEJIN SHOULD BE FUCKING FLAGGING THIS MOTHER FUCKER RIGHT NOW!!!
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Steem Flag Rewards mention comment has been rejected. This does not meet our criteria for bid bot abuse / misuse, @steemit-abuse.
This post was submitted via our Discord Community channel. For questions / concerns, contact us at the
SFR Discord
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A certain somebody used the service for a purpose for which it was not intended. Their approval rights have been revoked until further notice and unvote / comment edit will follow.
We do have people flag bid bot abuse on posts that would be considered junk without much contention but this obviously does not meet that criteria. (i.e. that pizza guy for example.)
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I think STEEM could be a top 5 or top 10 crytpo for the long term, but nothing can replace BITCOIN!!
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i agree with you ! power steemmm
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Nice pump! You should do this every week. :) Good job! You deserve every penny you earned on this post.
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Thanx for your research :-)
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Fuck you Jerry. You made my friends poor by your greed.
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So dumb, Steem is not going to replace Bitcoin at #1 spot. If you really believe that, you must be delusional. I'm sorry, but I can't see it happening
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When researchers look back on Steemit, they'll mark this post as the day it began to die.
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Indeed and well put.
It died, because he is actually illuminating the fact that Steem is and was designed to be a scam.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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absolutely fantastic to see your energy pumping the steem name in this way my friend. Steem has huge potential and all your points just give me chills for the future. huge love and thanks jerry for the hard work and effort you put in to really help make steemit successful
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Pump and dump.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Indeed its a great article which definitely help the whole steemit community .here you have cleared the future of steemit.it will inspire us for keep growing with this community.keep rocking , & keep helping us like this .
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How are you so sure his comments are accurate? I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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What a good future!
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Everyone needs to get on board with advertising steem. Let's each work to get 3 people signed up and then use exponential growth as those 3 will each sign up three. It will be like an MLM that actually works for everyone. The more people using steem the more valuable everyone's account will become :). Let's do this!
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This post is no better than a Haejin post. A bunch of feel goodism that pays well. I love it. It is pure entertainment. The comments are so much better than the post. I didn't even need to get drunk to read this. Reality tv has nothing on a useless Jerry post. Wow! 2K to tell us what we want to hear. I love Steemit. Where else do we get an opportunity like this. Congrats Jerry. Buy your wife a new car or some shit. You deserve it.
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Hi Jerry, here is a summary of your post in Chinese.
Thank you for writing such a wonderful and informative article, hope more people will read it.
https://steemit.com/steem/@inmylife/4offuu-steem
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I learnt one thing for sure...Dlive buffers much faster than Dtube.
Did anyone else notice the same thing?
#bufferinghell #dtube
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Does Dlive keep videos that lack enough upvote money? Does Dlive keep videos forever? Some people say Dtube videos are removed after a month if they don't make about ten cents or something and all Dtube videos are taken down after about 52 months maybe if they are not fed more money to the creators or to the video storage servers or something.
Not sure if these details are true but I wonder if Dlive is the same as Dtube in those regards assuming those things are true.
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Steem is flawed because it provides no monetization for content serving. And Dtube appears to have leveraged that flaw into an excuse to monopolize. Thus the benefits of Dtube are exaggerated.
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awesome posts ... thanks
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No idea
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same here@itstime
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Hell of a job, Jerry! Your research is extensive and very much appreciated. The smart media token looks like it has the potential to accelerate the growth of Steem in new and exciting ways. I'm looking forward to the ride! :)
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Are you qualified to analyze marketing plans? You claim SMT will be a great success. I have a different analysis.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Your post & reward is proof that Steem will NEVER replace bitcoin.
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That's it, actions speak louder than words, the proof is in the pudding.
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whilst many people think that bitcoin will be replaced at number 1, I dont see why it will be Steem that does it. It’s far more likely to be EOS, which is already the 5th/6th largest crypto by market cap and doesn’t launch for 2 months. I think that @dan learnt a lot through the development of Steemand carried that through into EOS.
I also disagree that the use of promotion bots is a good thing. Bots will kill Steem/ Steemit.
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Thanks @jerrybanfield . All time your post help my work . I follow your ewery post . Its help my work . Your content information is good . Thanks for share this information .
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What dfk, are u taking bout. This is the most stupid post on Steemit, The only thing this prove is that we can buy ourselfs the way to the top. banfield is a shill.
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I agree to that @jerrybanfield is a key player on steemit. Thanks for post
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He's a KEY FUCKING SCUMBAG!!!
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Yes@joy69, he plays an important role in steemit platform.
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Transaction time per sec is a tremendous advantageous feature of Steem.
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First of all,
STOP CREATING FUD @everyone!
Second of all,
@jerrybanfield is an active witness of Steem Blockchain. That means he is being rewarded/paid by Steem blockchain in its own currency.
His "long and annoying" post is actually quite extensive and detailed Witness Update with listed dApps around #Steem is what 70% of #BitShares Witnesses never do (even that is actually part of their job/role of an active witness).
Third, and final for this topic,
Promoting content and paying upvote bots for it, is contribution to Steem. Steem does take fee from each and every post, and making posts to have greater Payouts, means Steem gets more tokens back to the blockchain so the funds are not being taken out completely from the blockchain.
I would appreaciate if community of a Steem would consider to take a bit less "passive-aggressive" and personal-based approach towards people/accounts/posts it doesn't like. There is a proper Flag button for following the rules and reporting someone who doesn't.
As far as i'm concerned, man is doing what he is paid for and should be cheered for it.
Cheers!
Luci
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Cheered for disseminating deception to keep the greater fools coming in? Yeah I guess so. Good point.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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No way any token will overtake BTC!
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I initially thought the headline was ridiculous -- Steem will never surpass Bitcoin.
But reason #2 is too big to ignore!
Following the link to http://www.blocktivity.info/ and seeing how HUGE Steem usage is compared to the other top currencies is jaw-dropping.
Blockchain activity isn't the ONLY indicator of value, but it's very important. With Steem towering over all other blockchains by usage, I have a whole new respect for it!
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You’re easily fooled I see because #2 is a deception. I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Agreed, Steem is the biggest competitor to Bitcoin, at least potentially, if not already, as it is a hybrid cryptocurrency social blockchain network which Bitcoin does not seem to already have yet as far as I know and the other top 2 competitors to Steemit as far as I know are http://Minds.com and http://Gab.ai but Steem does seem to be better than Minds and Gab currently, right?
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great expectations indeed. Steem is a revolutionary concept to replace traditional social media
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There would always be haters to criticize a man's work. @jerrybanfield did not use any of you haters money to promote his post and yet it burns you cos of reasons I don't care to understand. Very beautiful compilation Jerry.
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Because it reflects the fact that Steem’s reward system is dysfunctional and not equitable.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
If you dig into all the links there and study, you will learn that Steem’s reward system is a Prisoner’s Dilemma game theory. And it forces everyone to defect once they realize the truth. Steem’s survival depends on deception.
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so essential sir;thanks for share.its so useful information for all steemers i hope
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And then came EOS... :P
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If all the above holds true then can we start accumulating steem by selling other coins
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Most awesome post about steemit.
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ftfy.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Cool. I read it; gave you suggestions; and started following you.
Let me know when you launch your social media platform.
All the best.
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We can bring the time forward from 2021 to 2019.If we can get the entertainment industry,ecommerce and others to adopt steemit as their go-to social media app and how it can help them.
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Jerry... why did you spend so much on this post? If I saw you on Fortnite I'd swing my pick axe right at your balding head.
Edit: and I chose pick axe because I always suck at finding loot.
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#1 Reason Steem Will Replace Bitcoin as #1 Cryptocurrency by 2021

The writing is literally on the wall for those of us with eyes to see and a brain between our ears. DATA is the new GOLD. That is why Steem is the New Bitcoin.
When I talk about data, I am not just talking about monetary transactions, which is all Bitcoin really is; I am talking about real world sentient data that will be used to build the IQ of AI quatum computers which will be in every aspect of our future society. Steemit Posts are real world sentient data. Not just transactional gibberish like Bitcoin's transactional data..

Worth more than it's weight in gold, that data is infinitely more valuable than gold because there is nothing a human can do that AI quantum computer driven systems can not do better:- From manufacturing to cost-less instant movie creation on any topic; From Engineering Design to Art;; From Physics to writing Literature on any subject. The list is endless.

That is why ANYONE that invests $1,000 dollars in Steemit now, will be sitting on $1,000,000 in 5 years time, based on the comparable doubling in value of Bitcoin every 6 months, consistently.
Steemit is about to experience an exponential leap in monetary value based on the Killer App to end all Killer Apps.... A.I. quantum computers based on Blockchain sentient Data. e.g. Steem, Steemit, D-tube, Etc.

Bitcoin's Blockchain Killer App was the Dark Web. e.g. Silk Road and all the other crime infested websites on the Dark Web using the blockchain & Tor browser to hide their identities from law enforcement agencies.

Crime is the open secret of Bitcoin's success. AI is also the open secret of Steemit's imminent massive future success.
Ultimately, the reason Steem's total value will be 1 million times higher than than Bitcoin's is that Steem's valuable Data is a limitless comodity and costs almost nothing to produce. e.g. Steemit Posts.

Steem is Facebook, Youtube, Wikipedia, etc. all rolled into one.
Bitcoins value is physically limited by the total quantity of material goods it can be used to buy and sell. eg. Drugs, Stolen Credit Cards, Guns, Hemp, etc.
Steem Data is the new limitless gold because it has a million-strong army of people producing and Posting the Data. The quantity of physical gold is limited; Steem Data is not limited!
Whether anybody likes it or not, Steem's Killer App is coming - Block chain based A.I. quantum computers are coming, and they will need endless data to build their IQ. It will be the new industrial revolution.
Steemit has the highest number of transactions - more than all ther other blockchain crypto currencies put together.

Those of us with eyes to see and a brain between our ears can see the future that's already here.
It's the #1 Reason Steem Will Replace Bitcoin as #1 Cryptocurrency by 2021.
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lets see what happen steem will replace btc or not
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You are the Legend of Steem my man :) . Respect
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I am new. Can you up vote me to see what does it feels like? Thanks much appreciate it
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I think steem will do great but I am positive it will never dethrone bitcoin. Sorry to say
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He dont gives a faq, just look hes face, lookin like a ahole ready to get some smackdowns because b.tchmoves. writing garbage and paying bots for tryng to pump, what a ahole lol
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This is awesome post @jerrybanfield. An encouragement for the minnows to patiently keep keeing on on steemit. Thank you for your great strides. Looking up.
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If I could give this 1,000,000 upvotes I would! Out of this world post! Absolutely perfect post and 25 reasons! I LOVE the GREAT STEEMIT COMMUNITY! More and more individuals are realizing the true power of both STEEM and STEEMIT! I'm telling everyone I know on this planet about STEEM and STEEMIT! People like @jerrybanfield make STEEMIT so SPECIAL and GREAT! It is truly the Caring Social Network! Joining STEEMIT is the VERY best thing that I have ever done for myself. STEEMIT is giving People a source of an income, connecting great People and giving People hope! STEEM is backed by the GREAT STEEMIT COMMUNITY! All the VERY best my Friends! Positive Energy! Great Karma! I'm VERY proudly resteeming, commenting, upvoting and following! Your Friend and Teammate @extraterrestrial :)
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What are you smoking? Do you ever come back into reality?
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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very encouraging post. GO JERRY !!!
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I totally agree Jerry. Steem is the best use case of a cryptocurrency that there is. It's fast, easy, social.. the list goes on as you wrote in your post. It's hard for me to not be all-in on Steem, especially when I get curration rewards, etc. I will say this. I will be adding to my Steem bag much more than I will be adding to any other alt coin right now.
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Definitylly not in a current form of this platform.
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Blaspheme!
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I also think so that steemit will repl replace bitcoin by 2021
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There does not appear to be any significantly new information here. The first move advantage you claim steemit has seems to have been taken over by bots. Many here will gladly move to another platform designed to fix this and give everyone a fair chance. It's painful to see bad content get all the votes and good content get nothing.
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Agreed! I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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2 alternatives to Steem may include Minds and Gab. So, it seems, there are at least those two alternative choices for people. People can go there if they don't like Steem, right?
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Absolutely. ..no question
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I Love this post. I am a blogger and I do believe so much in steemit. I have learned a lot from this community and I am so happy to be part of it. I love point 19 about self promoting. Your points are really detailed
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I do have to say that even if Steemit definitely has some of the advantages listed in the article, I have to say some of the negative comments do have merit. It's a little dispiriting for a new guy like myself to see people upvote themselves and earn hundreds while the rest of us participate because we enjoy writing and sharing our thoughts.
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The original whitepaper of Steem admitted that the system is designed to fool users into exerting more effort than they are equitably rewarded. I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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I enjoy writing too. Wish you the best. Upvoted.
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Hello jerrybanfield,
Overtaking could happen sooner than 2021 depending on the growth of Steemit.com users and Steem and SBD price increases.
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Steem and Steemit or two different things
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Jerry. You have right to your kwn opinion. I strongly beleive in the future of steem too.
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Jerry Banfield is entitled too his own opinion. Lets remember that.
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Your purchased vote has been retracted for not following @promobot's Term of Services at available at https://steemit.com/promotion/@promobot/promobot-terms-of-service-v2
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Wow, a bot service that actually has a bit of quality control, good for you.
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Could you please refund my 5 SBD, I did not get my upvote yesterday as my bid was moved for the following round bcz it was not 25 mins old but never got my upvote, Here is the link for my post - https://steemit.com/bitcoin/@tradewithtechie/btcusd-out-of-the-downward-channel-whats-next Appreciate if you can refund asap.
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We refunded you a bid for a vote that did not take place due to technical issue. Sorry for the inconvenient.
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it was on 04/18/2018 -
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if it is true the value that we add to it by having quality content, makes google search result in some publication of sttemit, I am proof of that, I joined sttemit looking for a tutorial and the best one I found was here and see the potential of the coin I joined
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I appreciate your sharing of your experience in finding and joining Steem because it had the more relevant quality content returned in the listings for a Google search.
Note though I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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my case was similar
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me too
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Thanks for the post @jerrybanfield. I will agree with many comments in here that the curation system heavily leans towards those with massive amounts of Steem Power, bought or earned. I'd love to find a hedge, perhaps some sort of electoral system. House of reps votes with steem power, electoral where every voter has one equal vote.
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Some pretty good points there 🤔
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This post might be the proof why Steem and Steemit will fall to bots and be worthless and never catch YouTube, Facebook etc.... Am I missing something here or is the integrity on this platform gone? Asking for a friend.....
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The integrity never existed. It was admitted in the original Steem whitepaper.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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To be Honnest, I never Expected you to promote this kind of post to the top posts here on the platform.. Because You are just out of logic,, and I believe all these people who upvoted your post are just stupid and do not even know what kind of info they upvoted for,.
1940 SBD worth of upvotes for a shitty post that tells nothing except shit is out of logic. I think there must be a real way to prevent these kind of INFO to be on the top.
Excuse my Logic
those people must be insane, or maybe
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it is a bold prediction. many things have to go right before steem really takes hold.
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I'm very new so take my opinion with a grain of salt, but I find posts like this distasteful.
This is the highest voted post right now? Digg, Reddit, and other link aggregation sites didn't get big by claiming they were great, they got big by having a good user experience and interesting content.
This content isn't interesting. It's what's wrong with crypto right now, over promotion and useless content.
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Steem was designed to befuddle and scam.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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I haven't got a bloody clue how to use it properly.. I thought people upvote good content, not pay for it yourselves,, how does an average user or minnow find the funds to promote their work?

My shit hardly gets proper votes and it's good original honest stuff..
:(
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Jeff there’s a reason why it doesn’t seem to work well for you. Because it was designed and premeditated to be a scam.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Ok mint, I will take a look.
Cheers.
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dlive voted this trash at 20% is telling me they don't review shit. what a pathetic post that is vote boted to the front page. Absolutely disgusting. Over $2000 in rewards for this? steem will not surpass anything if people keep doing this scammy shit.
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Yeah and I have made 13 episodes of minecraft lets plays not even showing up in the search and this guy get 2k and I get 0 go figure.
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Great post, great video, great personality. You just schooled me in a way very impressive like no other. I believe your assertions. Reasons been that in the economy of things, it is demand that drive the value of any currency. Steem is in real demand and as such its value will continue to go uphill particularly from the people and not just corporations. Thanks a lot for the insight.
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Totally agreeing with your pint that steem with replace botcoin
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very good post.
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I just love all the ideas, and the potential of the future of this platform. I am very new having just started a few days ago but from everything I'm learning I can't wait to grow with the community. Follow me and I'll gladly follow back! :)
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1st coin to be back by gold in the world this is going be real big in the future to come https://www.karatbars.com/?s=repentful
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Good post sir,But why everyone is now back the trending page,There is really need to be limit of vote buying per day by bots which gives twice the amount we send,because every steem user is now just back of the trending page and buying votes from bots and pasting their post at high above the trending page,whenever we used to check the trending page and the highest vote came through it just shows some of the names of some bots which is very disappointing and minimising the changes of the posts which really deserves to be in trending page they just don't get the change not because there post is not deserving just because they can effort sbd's to promote it isn't it good and fair.
friends many steemians are now creating blogs on the major issue trending page and how steemians are running back after it to have their article at above friends from my side i can give some solution to the community which can minimise the problem and the updates should must do.
1)Limitation on vote buying it means here should be limit on votes buying per person per day,because bots boost the article by twice the amount we send.
2)Votes should not be count which are came through bots.
3)Comments and votes by steem user's should be count and on behalf of hat they should pass the article to the trending page.
4)Quality and the writing should must be check.
So,friends these are some of the points if this would be followed than i definitely think the problem will minimise.
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Jerry’s post is deception and there’s no way to fix Steem.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Steem replacing bitcoin? That is the most stupid statement I've heard in the cryptocurrency community.
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Do you still feel good about these 25 reasons you have pointed out?
Will you be making a follow-up video to the pluses and minuses of this.video.
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This real and beautiful post .keep up the good work @jerrybanfield big big big big and big thumbs up and a resteem from my side best of luck Advance.
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Deception is beautiful in your country?
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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This is an extremely ridiculous thing to say. Neither will be #1 in 2021. With the amount that the NSA has repeatedly voiced lacking confidence in SHA256.... 50/50 bet that BTC is broken by then.
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hmmmm :)
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Steem forever!
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If we are here is because we believe in STEEMIT, I feel that the platform can be sustainable in time depends on the use that we can give and provide each of us, I hope everyone gives a grain of sand to make Steemit better, best regards to all and very good information, I congratulate you @jerrybanfield. PD: The future of Steemit is in us.
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Thanks Jerry for the elaborated points. I can't agree any less on your prophecy, but i do not think steem can be up there withing the time frame you provided. It's gonna take some more time. I can't wait for then to come, when steemit will be just like a tap, rewarding contents without limit.
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you are great boss...I love u boss..I will always be with you..
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You have the point, but I am still betting on bitcoin. Its not going to give up its No1 position.
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Agreed. Bitcoin's value has transcended its blockchain activity. It is the reserve currency for all cryptocurrencies.
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evet, postlarımızı beğenenlerin sayısı kazanç oranına göre belirleniyor, içerik kalitesi çoğu zaman dikkate alınmadığını düşünüyorum.
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Hi @jerrybanfield - I like the post but I am not sure you are completely correct despite being a fan of both #Steem and #Steemit
You are basing your assessment essentially on the traditional model ie a form of market capitalisation and assuming that the user base will push Steem to the number one slot.
I think it has every chance to be number two, and that includes overtaking $BTC, but it doesn't include for the upside potential of other #CryptoAssets.
As an example $XRP (Ripple) has a full market potential just based on the Swift exchange market of $155 Trillion dollars. That is not including for it to be taken up for direct use, such as with Santander, which is occurring currently. Even at 10% market share, $XRP will easily overtake $BTC and like #Steem has a real world application.
So great post, mostly fully agree but it will be interesting to return in 2021 and see how this has played out. What is certain is that both Steem and XRP are both likely to be major players.
You have however also just received a witness vote from me - keep up the good work, enthusiasm is catching ;o)
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Pleasure - thank you for what you do for the community - I am fairly new here but I am enjoying being part of it
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Thanks for told our 25 reasons.I don't know about this.Because I am new.Thanks you so much.
@ohimahathir
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Love the information!! I have been following you for several weeks and always look forward to your input. Thanks again for your insights. :-)
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2k on one post, thats insane!
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giving us all hope 🤩
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Goooo Steem..... i very happy to know you this moment, i like steemit. Excellent post budy!!!
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I am new to the system and there is something more happenings with Steem
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Experts in the industry are not able to predict next week what’s gonna happen... and you r giving ur predictions for 2021 😂
Don’t forget bitcoin is father of this crypto world.. though I liked the way steem is doing things different to others...
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Man its impossible don't shill a great project to look bad! disappointed :(
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Really its lovely post. I know its going to be true.
I know it will happen sir.
Thanks for the info.
Steemit rock....
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@jerrybanfield perhaps people thinking st will replace btc not even slogan. Keep moving and st will keep chase btc
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You wake up and see bitcoin value is double over night
It's just like dream come true
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Steem is unstoppable mark my words!
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very nice post ..i am agree but profit .........
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The fact that you spent so much to promote this to the top of trending and it has over $2k in rewards is absolutely disgusting. You and all of those bot owners who contributed to this should be ashamed.
You're making Steemit look like a scam while trying to promote yourself and make yourself feel important.
It's fucking pathetic, Jerry. Some day the community here is going to wake up, I hope that happens before you do more damage.
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steem is shite. dpos is for dummies. long live LIT the snapchat of the blockchain space lol just kidding that's even worse.
i cant wait for the first 100% PoW blockchain social network. could use bitcoin-ng. im dropping so much wisdom, no one even knows.
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wadafak 2k $ #ritch
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Great article, please keep them coming.
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:)
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There's a risk someone, e.g. Dan, will bring out a more attractive platform, but we do have a good community here. We need to keep supporting the new Steemians who are doing great stuff. Let's not worry about getting rich for now. That will come in good time.
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First mover doesn't always win. Remember MySpace, Friendster etc? Steem needs rapid growth in the next year and that can only come with the next hardfork that we are promised will allow easier sign-ups. Steemit has had little marketing so far as I suspect they don't feel ready yet, but we've seen other services get hyped and grow rapidly, e.g. Mastadon. I really hope Steem can make it, but I judge by results. I think this platform can change the world if greed doesn't kill it.
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Steem not only needs growth to succeed, but also sensible and smart blockchain changes that would deal with major concerns in the Steemit community.
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@Steevc, I prefer MySpace over Facebook. And if MySpace reverted to MySpace 2007, to how it was then with customizations, I'd probably spend more time there over Facebook & Steemit & other places.
I still have a MySpace and being first does help a little at least, maybe. Yes, Gab, Minds, and others, may surpass Steemit someday but it can still be tougher to do so just maybe.
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yes i agreed with you. steemit should have worked in big marketing sector.
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One clarification id like to make here is that there is a big difference between an account and a user. Steem may well have 1 million accounts, but the amount of active users is far far less (i believe about 60,000). I don't see that as an insurmountable amount of signups for a new platform. Also, take into account that of those 60,000 active users, a lot are shitposters, plagiarists and people just trying to game the system. A platform that can prevent that level of noise but still offer rewards for quality posting is going to attract a lot of interest and I would expect a lot of the quality posting members of this community to jump ship when that happens.
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There are a load of junk accounts. Some may be intended for spam. Steemit Inc are supposed to be verifying new accounts they create. How will they handle when it's millions?
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STINC isn’t verifying shit. Phone numbers are available for free in bulk these days.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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That kind of implies that they are handling it now :D
If it gets to the point where millions of spam accounts are being created, it will probably be a case of, "abandon all hope, ye who enter here". Curating good content is hard enough as it is (and i'm pretty confident I spend more time than most scouring this place for good stuff). More spam might make we want to give it up completely.
(Nice to see another UK steemian on here :) )
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There's a lot of Brits here. I've met a load over the last couple of weekends. I can recommend getting to a meetup if you can
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There are under 10,000 users on Steem. The rest are bots and dead accounts, with a spattering of users who stay for a week and leave.
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Hallelujah! Finally found a comment that understands reality.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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We need more of this =D
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There only needs to be one other social media app that actually rewards contributors according to merit, and steemit will fall like the dark horse it is.
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Indeed. How did you know what I was going to write?
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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@jerrybanfield , I may not be as an interesting steemers on this platform. I might missed some of the points but I really love to know how was your contribution to help out the new Steemers? So far I didn't see your contribution of helping those who need to learn to have a good quality articles or giving them a chance to reveal their talent through contest. All I see is that you are only interact with those who are already been so rich on this platform and you seem so scare to get along with those noobs or you might be afraid that your reputation will be ruin by them. I'm sorry. I noticed that you will never respond to any newbies comments .. have a nice day and hope you will be richer than anyone . Just don't forget..when you build a great Palace ... you need an army to guard your castle.
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Why do you think he wants to help others? Because he is a good actor and con man?
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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THIS IS THE MOST POSITIVE THING I'VE READ ALL DAY ! THANK YOU BRINGING HOPE BACK TO MY STEEMIT WRITTING ! 💚
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Yes and yes I like it news.
Steem will grow.
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Great post
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This fuking
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in 2021 it will become true and we will all see that what's happend to bitcoin .............................................................
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I would like it to happen and that is why I am in the favor of winning and winning
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I think it's the best thing i've read on Steemit so far.
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may be
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Exciting facebook google These leading centered companies have made a lot of money with people's communication power and creativity. Those who have been creative haven’t got any return steem is the future trend.
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Can you give me tips for steemit?
Thanks ☺
Follow me ,than i'll follow your back 🤘😉
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Can you give me tips for steemit?
Thanks ☺
Follow me ,than i'll follow your back 🤘😉
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never BITCOIN is the begining and the end of crypto.IF BITCOIN FALLS/DIES AND SO DOES CRYPTO
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Congratulations !

your post was resteemed by @resteemza
Please upvote this reply to help us grow
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Coins mentioned in post:
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This doesn't mean its a good post, its just a paid promotion. Otherwise no one would care.
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Interesting post. Not sure Steem will replace Bitcoin, but hey, anything's possible!
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That is an amazing research.
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That is not research. It is premediated deception.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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i do it now but m...arggggggggggggggh
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Thanks for sharing! A link to your post was included in the Steem.center wiki articles about Bitcoin and STEEM Tokens. Thanks and good luck again!
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Hope you're right... The world will be amazing to content producers.
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I know gradually steem is getting towards taking over. With the continuous help of all steemain we are going to take over crypto world
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We can do much better than this deception.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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This is clear analysis that would convince anyone about the impending growth steemit is gonna experience in the coming years. But being also on the trending page is also flawed as you can use bot to that regardless of whether it is a quality post or not.
The very obvious area is the steem transaction though. It is essentially fast and free..
Steem on bro!!
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Amazing 😍
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We wil join u.
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You are right
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I believe you might be right. Steem has a unique ecosystem. There is valuable content produced every second of every day. The only problem in my eyes is that the knowledge treshold for beginners is still high when they join steemit.
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I trust in Steem, and believe your predictions will come true!
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Why do you trust a scam? Presumably because you do not realize it is a scam.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Nice post follow and upvote you :)
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As time goes on,its obviously steem will replace bitcoin even maybe before 2021
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that part really got me thinking because those workers dont buy their payments like we do here on steemit.
most new users survive by buying votes and that is a problem.
(just a thought.)
i believe steem has lots of more value than i am seeing,pending when SMT will be released.
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I don’t think SMT will succeed.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Lemme check it out
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Steemit, time up to 2021 to beat the current BTC. There is nothing to be surprised.
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Upvoted and resteemed as usual this is quite interesting thank you for sharing
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As a filmmaker, I am so happy to hear about https://fundition.io/ This could open up all sorts of new possibilities for so many filmmakers, musicians, etc. who need funding to create their projects. Because, I have to tell you, the old ways are getting pretty long in the tooth.
Friends don't let friends crowdfund alone.
I am going to research this tip from you and make it one of my blog topics. Thanks so much, @jerrybanfield
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Unfortunately crowdfunding can’t be disintermediated with only 10,000 real human users of Steem.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Yes, this would be a problem and the communication between Steem users isn't that efficient either. I was interested in the process for my own purposes. I think until there is enough Steem crowd to do crowdfunding that some sort of hybrid system using existing platforms in addition to Steem could be used to earn more for projects.
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Thanks for reading. Your suggestion still seems like a low priority at this stage. Crowdfunding isn’t the low hanging fruit for Steem at this stage. We have crowdfunding from Bitcoin in the form of ICOs. We can’t put the cart before the horse. Step-by-step low hanging fruit first.
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Steemit is amazing not sure if bitcoin the king would go down that easy but i really hope that steemit takes down facebook and become #1 social media block chain based site.
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Excelente informacion.
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Wow! These are slid reasons that are unshakeable proof that Steem will overtake bitcoin and be the next big thing. More previous than gold
What makes me more happy about Steem that it is not mined by only few people but everyone is invited to m mine (proof of brain)
Thank you @jerrybanfield for compiling this is one of those contents that are so unique.
@mychidera-eu founder of @mysteemitnation
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You have been deceived.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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We can sit back and hope.
Or help Steem get more popular.
The choice is yours
Every man counts (and woman aswell)
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Like, folow me pliss
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Thanks @jerrybanfield . All time your post help my work . I follow your ewery post . Its help my work . Your content information is good . Thanks for share this information....
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Ah ... :) I soo disagree with you
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and now for something completely different @jerrybanfield... ;)
WHEN, are you going to enter my #whatscookingchallenge?!? :P - You do marketing, music, gardening, crypto and a whole lot more.... so I am CERTAIN you must be able to cook.... ;)
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Are lady cooks capable of discerning deception from fact?
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Cooking food is just so much more interesting than such serious matters ;)
(ps. the original comment was made in humour... I can cook AND I have a sense of humour... things are looking up for me... lol)
Take care @anonymint :)
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touché, you humbled me :)
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;)
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@jaynie lol thank you for stopping by I was just thinking of you recently and am happy you are doing a cooking challenge! The last thing I cooked was not very good lol and I will try again soon maybe with some pictures :)
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Well, @jerrybanfield - as the challenge says: it can be a toasted cheese sandwich if you want ;) So no excuses :)
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İ hope too
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Jerry - been dragging my feet for some time, voting for a witness. There are so many great contributors to this site, and I am following many of them, trying to decide where to put my vote.
Most do great things for the community and the enhancement of Steemit, so it is not easy. I threw my vote your way - thank you for all the work you are doing and continue to do.
We can all agree that Steemit is a great platform to post content and even use passively for income, via delegation.
I am interested to know, however, what are the biggest obstacles or shortcomings of this platform. I have some perspective on this, but I am interested in hearing for people who have been here for a long time and dedicated their time to promote the site.
Thanks
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Jerry,
Appreciate the response.
Exchange listing is probably the biggest obstacle of getting more people involved.
On the platform, I wish there would be an easier way for people, who do not have much SP, or a lot of followers, to get their quality content out on the platform.
Yes there are projects like the minnowbooster, bots, etc., but it is very hard to get more than a minor boost.
I am a socialist and want everyone to prosper and delegated most of my steempower out to upvote other content.
Perhaps in the future, there will be a project/group that look over posts by minnows only and upvote/promote them, so they get front-page views. It could seriously help so many people, who live for pennies a day and have something to say.
there might be something like that out there now, but it would be nice to see a trending page that it not all upcoming ICO projects or people, doing their best, to tell others that they are not financial advisors, by talking up various coins.
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You give me so much hope!!!! :-D
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Those who are desperate for hope can be easily deceived by their desires.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Thanks @jerrybanfield. That's quite a comprehensive argument but still a bold claim 😉
Whether Steem overtakes Bitcoin or not, I have no doubt that Steem will be strong platform moving forward for many of the reasons you point out. It will certainly still be there when the other 90% of blockchain projects fail. That's just how these tech start up cycles work.
Re-steemed and upvoted. Thanks for all your work. You are certainly helping me along my Steem journey.
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ftfy.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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I am an absolute STEEM fan and plan to check out some of the other apps you mentioned, particularly dlive. I recommend STEEM to friends making investments all the time. It really is the best crypto investment IMHO. Thanks for giving me even more facts I can use to explain this to people.
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Many or most of us share your enthusiasm for disintermediating top-down controlled social networking paradigms, but your mistake is you do not realize that Steem is also a premediated, top-down controlled scam.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Bro, I think you are a fantastic. Your content information is too good.
BeSt Of LuCk Bro
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Hi @jerrybanfield, you made some good points about the huge value that the Steem network has to offer.
Regarding point #6, what alternative ad networks do you recommend using to raise awareness about Steem?
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It is possible
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i know btc rate and market place have no chance to dicrise in befor 2021
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Joined Steem Today :) Amazing post #Upvoted :) People are great here #SteemIsGreat
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Smart Media Tokens seem like a really good idea and Steemit has a lot of potential to grow in the future. I wish there were more decentralized options on the internet.
All the big sites we have today got big because they were free to grow naturally in the beginning. They were formed with the idea that they were going to be free speech platforms for the masses. That's why they were so successful. Both YouTube and Reddit have been accused of manipulating search results and messing with what people see on their feeds. Those are only two examples. I'm sure there are many more.
There is too much manipulation going on and it is ruining what these sites once were. The all are doomed to get ruled and regulated to death. I'm ready to move to the replacements. Why drag it out. Hopefully we can do better the second time around.
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Actually I explained why I think SMT will fail.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Agreed, we are doing better the second time around with Steemit, Gab, Minds, and others.
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It is not because I am pessimistic, but it seems very difficult for steem to surpass bitcoin, but I am sure that the Steemit community will become bigger and more recognized, and well I may be wrong and in the end the bitcoin will be surpassed by the steem.
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probably not though ;)
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I don't think the Steem has solid bases as Bitcoin or has trust as Bitcoin. For me ok but in my opinion the %50 people of blockchain have no clue about Steemit.
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nice
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ok, crypto will grew 2018 :D
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Reminds me this : “Do you want to sell sugar water for the rest of your life, or do you want to come with me and change the world?”
Guess who ?
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I have no doubt about it too. I predict it'll be sooner than that. We should start seeing revolutionary changes by next year
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I remember you had commented on some of my recent blogs, so I am sort of amazed that you’re so easily duped by Jerry’s deception.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Seeing Streem rise to the top is something I personally want, maybe that's why I choose to agree. I'll read your rebuttal
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I also want a decentralized social networking platform to rise to the top. Our enthusiasm blinds us somewhat (and that could possibly apply to myself as well if I’ve overlooked some facet which weakens my overzealous criticism). I’m very deep in the technological trenches on this.
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Hi @jarrybanfield once again a great analysis and we are glad that you think steem will be no.1
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When did deception become analysis?
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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You are amazing steemit member jerry. These are fantastic works. Congratulations and good luck.
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I missed the ship of BITCOIN a few years ago, and now it's time for my chance with STEEM. This information quite interesting!
Thank you for sharing this.
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Perhaps then you don’t want to miss the next rocketship and would want to get off the Titanic before it sinks.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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I personally agree with the growing capital of the crypto market, Steem has a potential to become the #1 crypto in a way that the transfer is almost instant and there's no fee, unlike the other traditional cryptocurrencies, using steem, one can facilitate their desired needs on the top of steem's blockchain
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Very well explanation all details are so organized so you can understand it but as my prediction no one will replace bitcoin as number as it's the first digital currency as simple as that . :)
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His explanation is a deception.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Nowdays steem is best of all .people spend their time by using other social media but steem gives us the value of time after 2year it goes to the top of all☺...
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Good insight.
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This post has received a 45.47 % upvote from @booster thanks to: @budgets.
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No way is this ever going to happen
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buen trabajo amigo lo felicito
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Steemit is done as soon as eos is built
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EOS is more of the same scammy shit.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Dude this rebuttal is very systematic, well done.
However, I will say, I think EOS offers the ability for anyone to create a "steemit", thereby increasing the probability that someone gets it right eventually. I also think Dan sees the problems you and I see with the platform and will hopefully fix them, or at least push the tech in the right direction.
I saw you're making a competitor, care to pass a link?
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Ty.
We need to name it first before we put up a website. Can you feedback on the naming choices?
I see another money grab. This time $1 billion. The Rube Goldberg monetary models Dan has created seem to have always been flawed and perhaps intentionally so. The model of EOS is apparently all about speculative investment and greater fool paradigm once again.
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well done as usual
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Interesting idea :) I think BTC will lead for long time but there is lot of reasons why is possible to STEEM will really grow up :)
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Gonna have to disagree with you on that one.
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You got a 83.42% upvote from @postpromoter courtesy of @budgets!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
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Excellent news replace as Bitcoin 2021, Good for Steem
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So much potential with steemit, the community is definitely thriving and with so many dedicated people involved I really think this platform is destined for even greater success than it has already achieved. Sky’s the limit!
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If I resteem, will you send me my very own horse?
Preferably a black one.
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greatT
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Awesome post, Jerry you explain to us with a holistic approach why steem will finally replace bitcoin.
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Im in no way disagreeing I love the versatility of steemit and its other apps like dtube. The peer to peer aspect really removes the unnecessary and clunky stuff from thing like facebook and youtube with directed ads and videos and the rewards being based of your activity and following is a huge plus. What I'm curious to know is do you think the marketcap will be higher than bitcoins or the price?
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Fuck, I have never wanted to punch someone as much as I want to punch your face every time I see your photo.
You surpassed Trevor Bolin in my "people whose faces I want to punch when I see their photo" list.
He was on there for close to twenty years.
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thanks @jerrybanfield
can you make videos about guide to delegating Steem Power
and how to do it and how to cancel it
thanks
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bots about? what about my Roomba- it's going berserk right now
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Great article man! You have some very good points but we also got to take in consideration, Bitcoin controls the entire Market! If Bitcoin goes down, most of the other coins go down, and I follow the same trend for the most part! This is also still in its infancy though, so there's no telling what the future will hold!
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With beta version?
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You are the man Jerry
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I've just started enjoying steemit. I want to learn about it more.
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This wanna make me set a voodoo
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@transparencybot where are you! We need your help over here!
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The bot did not have enough reputation to post on the authors with reputations in the upper 70's but due to @Jerrybanfield shameless example of rewards pool rape, it has been set to post on all users now.
The @transparencybot summary message has now been posted.
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Excellent! Thank you sir. This is good news. I was ready to ready the report and expecting to see hundreds, if not thousands of bids. (Paid for through @budgets, where the percentage of profits from the his bot go to 'serving steem')
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Yes, that is the kicker, he is supporting Steemit with his bidbot, so bid bid bid!
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so I can hire myself to do some steem promoting.
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Sure, pay yourself $6,000 USD per article, take 10% from every bot bid you receive, then just write an article on how
makingtaking so much money from Steemit is good for all of us.It works!
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Lol... I see no problems there.
Once everyone learns how to make lots of money here on steemit, the currency will likely skyrocket ;)
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I totally agree. WTF is this bot this time around
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How this guy is getting much votes? Bots or bought or what? This is crazy because this pist does not deserve this much of votes.
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This is very interesting. Even more reading all these replies
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I hope you saw my reply also because the deception in Jerry’s blog is illuminating the scam of Steem.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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I don't know if I'd say out right that it would replace Bitcoin. Bitcoin seems to be the reserve to all others, not that I necessarily agree with it, but it's the reality. I think that Steem will definitely play a huge part in the future of crypto and we're still on the ground floor. It's like a revival for those that are new to crypto to see a nice little boom over the next few years.
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Okay after reading this article and many of the comments below let's move onto a more serious note.
UPVOTE if you LOVE JESUS.
or check out my blog - https://steemit.com/@bitcoin-bug it's up to you.
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Informasi yang sangat sempurna.
I like
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I find very interesting the criticism about what @jerrybanfield publishes because they keep giving comments saying the same thing practically in order to give them an upvot .. the contribution is great whether you use your friends or not .. for new and those who live for example in Venezuela does not encourage to continue growing as writers of this page.
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I don’t need an upvote.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Everyone on this site is of course supposed to be optimistic about STEEM. Then again, what really counts is what everyone else is saying. I, like most of us here, am a believer in this platform. However, what really counts is what everyone else in the crypto world is saying, which really isn't much. One huge disadvantage to out platform is inflation, which naturally makes many people look not too positively at STEEM for long-term holding/use. All of the top cryptos are also the typical POW setup. STEEM not being able to say the same is a rather large disadvantage as well. I really appreciate the sentiment and your enthusiasm about this man, just keep in mind that we're struggling to hold #30 and everyone on top of us in saying similar things to this right now. The insane growth rate in this industry is over. Be honest with yourself.
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The industry still has another 10 – 100 times growth with the high end for the smaller marketcap projects. And there’s still another 10,000 times growth rocketship lurking out there for those who are astute enough to find it.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Hi friends
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Holaaaa, excelente explicación cariño, gracias por motivarnos a seguir siendo de la comunidad de Steemit y si apuesto a que el Steem sobrepasara al bitcoin...porque juntos apoyándonos, atrayendo mas participantes a nuestra comunidad lograremos sobrepasarlo.
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Well done Jerry
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I just believe in reason 6th. But it won't launch Steem to the moon or the galaxy. Steem community is strong and grow faster everyday. I believe Steem will go up and stay stably in top 20 on coinmarketcap in the next three years.
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I sure hope so i need more steem then lol great video
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NICE INFORMATION POST THANKS LOTS
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interesante la perspectiva @jerrybanfield, me entusiasma el hecho de ser participe de esta creacion, me uno a la idea del crecimiento y el progreso de la plataforma, junto con su criptomoneda, en lo que pueda colaborar al respecto, tengo toda la disposicion, aunque se que actualmente ese mercado esta muy competido, pero tienes razon, al afirmar que por ser el primero y tener tantos participantes y realizar ese numero de trancciones en steem diariamente, se constituye en una fortaleza para nuestra plataforma, al saber que todos los días se procesan esa cantidad de transacciones, significa un aumento considerable en la demanda y por consiguiente el precio tendera a aumenta
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Eccelente enfoque
Es apasionante todo lo que podemos descubrir dentro y alrededor de la plataforma.
Gracias por compartir.
Que sigan tus éxitos!
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Honestly kind of sad at what our community has become 😕
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good job jerrybanfield bro.................!
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In my opinion, this steem coin has a potential to moon, but still can't surpass bitcoin. :^D
I honestly like your post @jerrybanfield , you have a great point in your facts about steem, but behind it, I have don't guarantee steem will be more better that bitcoin, as you can see, mining crypto is the most essential way to makes the coin alive, the difficulty of mining bitcoin especially on china became more massive than before and soon I will be bigger when the future comes, compare this to them is frankly nothing and completely few miners compare to bitcoin, well this is only my opinion, many innovations might come for the steem project, hopefully soon something will change and makes the blockchain in this world more better.
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I think nothing more to see what your publication has charged is a sign of the faith that we have everything to this platform and how excited we are with your forecast and your actions here. On behalf of all the minnow I want to thank you for such a good post and for your actions here. You always give 100% in each post you make, and in each content that you share and it is for people like you, that Steemit is a great place to be, share and enjoy.
Greetings from your faithful follower.
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NICE....
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What a informative and passionate video. Watch this every time you doubt the Steemit platform.
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Instead of deception via your feelings and desires, I wish you would discern reality and facts.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Can you get any smarter?
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Good Joke !!!
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It can, if the management becomes successful in screening out the fake ids and 'whale' system
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No way they will do that. They are making too much money on the scam. And even if they did, the rewards algorithm can’t be made equitable in any possible change that can be made to it.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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i think you are right on this. Thats why they dont wanna get rid of ot but it would harm the new writers
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As I explained in that point-by-point rebuttal, there’s no possible fix unless they entirely do away with voting for rewards that are minted from a collectivized money supply.
I am inviting everyone to feedback on a naming a new project which will attempt to fix these problems.
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Nice, i appreciate the depth of energy and time investment you are doing here. Looking forward to support you.
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Jerry is working like now or never !!! I wish you all the very best dear fellow steemians !!!!
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Interesting article to say the least. I am a Steem lover and believe in the future of the platform and coin. You brought up points that I have never thought of before like place for ICO's to promote and usage to Bitcoin and see how these can be considered valid points on increase usage and value. I also tell my friends to follow my travel lifestyle on Steem because I believe everyone should move away from criminal platforms like Facebook and Youtube. They do not have the people's interest at heart.
Despite what others think about your up votes and how you've achieved them, you have good content. I also believe when the dust settles the Steem It Community thrive in the new paradigm.
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What if I convinced you that Steem is also a premediated scam?
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Okay those are great 25 reasons.
I agree and I like your ideas.
Keep it up man.
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Hello @jerrybanfield. After reading the 25 reasons why Steem will replace Bitcoin as Cryptocurrency n. ° 1 for the year 2021, and this information excites me a lot since I am just part of this community called steemit.
It really catches my attention that the intention of this steemit community is to help and support each other in one way or another. Thank you very much for this post!
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Unfortunately that is not the intention of those who are running Steem, although they want you to be fooled into thinking that.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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You have forgot to mention that Signing up in binance and buying Steem will pay you 20% referal bonus. Here is my referal link if anyone wants to sign up. you can convert Steem into SBD.
https://www.binance.com/?ref=16105300
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Hi,Jerry thank you for your article.You can check my article on steemit about car brands.I will add all car brands every day.
Thank you
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I've read your writing that looks very nice to me. I hope you have a better day ahead.
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very nice information dear keep it up.
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Hi @jerrybanfield ! Your post is great including several of the most important live projects on the steem blockchain!
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hi friend .good them for steem and bitcoin . nice video for steem .your are so brilliant and excellent man.
@pakhi
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In General, it is only words, no serious arguments
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right
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Always a great post. Please be sure to see my content as well. I provide technical analysis for the community.

https://steemit.com/bitcoin/@philakonesteemit/bitcoin-btc-the-road-to-all-time-highs-of-usd35-000-believe-in-bitcoin
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Hoping this will be in true leaf of this platform.
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Excellent summary of Steem blockchain advantages over all others and right projections for its future . Agree with u
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Do you agree it is an excellent deception?
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Unfortunately I don’t agree with yr view. U need people of can market u and yr product. Without sales efforts even best things rotten on self. So he is doing great job by highlighting the advantage in those words that are important for common people who are always more in number than intelligent people like u.
So pls try to see his side.
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I appreciate your comment because you’re shining a light on the positive benefits of Jerry’s promotion which I did admit as quoted below. And you’ve created a motivation and opportunity for me to clarify my stance.
I do however want to point out that I think we can do better. If Jerry’s promotion was so great then why do we still only have 60,000 active users in the 3rd year of Steem’s existence and probably most of those 60,000 are bots and sockpuppets. IOW, what ever he is doing or the system he has to work with, is not growing fast enough!
Presumably you don’t think we should have a power vacuum that forces everyone to vote for themselves only, join cartels, and use deleterious bots and sockpuppets schemes in order to take more rewards than is proportional to their STEEM POWER stake?
Thus, presumably you’re disagreeing with me for blaming Jerry for maximizing his rewards and hyping features of Steem beyond their true worth? But I didn’t blame Jerry. I actually defended his right within the current system design to maximize his rewards (but suffer the consequences of negative voting wars because that is the way the system was designed from the start).
I agree.
What sort of community do you want to have? One filled with fools who believe hyped lies or one that is intelligent and well informed?
It’s strawman to presume that the only way to grow adoption is by being disingenuous when presenting the strengths and weaknesses of Steem. Humanity is becoming more informed because of the Internet. We don’t need to treat people like they are dumb sheep.
I believe we can create a social network that will sell itself by word-of-mouth because it will be so damn awesome and enriching that we don’t have to deceive anyone to get them to join!
I did, but perhaps I didn’t emphasize it enough (because initially I was miffed by his pompous overconfidence that no other project could improve upon Steem’s design and adoption and I was repulsed by his deceptive/sensationalized promotional style as were several others who commented here), as I admitted after-the-fact in the bolded text quoted below:
I wrote in my lengthy rebuttal to his 25 points:
I also defended him in another comment.
I also wrote in a comment below my lengthy rebuttal:
And I wrote in another comment there:
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it has been a very useful article. You've answered a lot of questions in my head. thank you so much @jerrybanfield if you want to support my page, please check @pharao20 :)
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It's pretty simple. A combination of two things people love the most: cryptocurrency and social media
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If it were only that simple…
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Bitcoin is almost traversing the finish line, Steem merely started its pilgrimage and has a long way to move. steeem is great crypto currency its increasing very fast in 2020 its look like bitcoin because its team is active and thanks jerry now i following you love you have a good day.
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Good post my friends..
very good post and impressive once, frankly I really like to follow and read a very useful post like your post
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MONEROV(XMV) Airdrop. Is it Scam or not . Find out on my blog https://steemit.com/@truss
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Congratulations! I like the post very much hope you can post beautiful ly, please, please, please give an upvote @iamhja
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It is possible only if steemit bacome like facebook !!!
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Hey , great post! I enjoyed your content. Keep up the good work! It's always nice to see good content here on Steemit! Cheers :
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very nice post sir.
Hope you words come true one day :) and by that time who knows we might be owning so steem tokens :) , soon we will be millionaires :D
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The post you made is awesome. I hope to do this post more. The words you write about the steemit are very serious. You do carry on. seriously you are a genius. Thank you very much.
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Thanks for sharing your idea.
I resteem your posting for KOREAN friends~
And I will translate for them soon.
Have a great day and got bless you.
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Please also translate the rebuttal to his deceptions.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Thanks @anonymint
That is very interesting post.
I follow you also. Have a good day~
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A toast to your predictions @jerrybanfield
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Please followback guys
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Only time will truly tell.
These are just thoughts and considerations.
We can never be sure of what will unfold..
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Actually I think they are more like intentional deceptions.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Hahahahaha...
So amusing.
I think i will just try to read it now.
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very glad to know it but the current position of sbd makes me depressed.
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Hi, you wrong , exactly it is 2210 not 2021
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hmmm...though its quiet a big comparison, but they do differ in so many ways
Bitcoin is basically into venture when it comes to business nowadays, while Steemit is more into personal/informational aspects.
Though they were on trending both when it comes to business sectors as they were on the way of promoting socially.
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@Steem has a platform that cant easily be defeated in terms of number and organize structure but being #1 above Bitcoin? i dont see that coming by 2021 sir.
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Nice post you are right
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Your videos are really good and explains everything clearly , i have joined your discort channel too ..
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He is really good at deception.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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how are you jerrybanfield greetings admiring your perseverance and discipline your excellent work I'm just starting I'm from venezuela
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pretty ambitious, but i think with the right marketing it can be done, there is still a lot of people who do not want bitcoin is.
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Hallo sir, this post has really opened my mind about steem development in the future. What you write in this post has great benefits to my knowledge of steem. If it's true that steam will replace bitcoin by 2021, that's amazing! and I really hope it will happen. Thank you for writing this post with so many benefits that can be felt by many people. @jerrybanfield
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Unfortunately he is deceiving you.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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steemit is a amazing site.i learn many things from it.and i always follow you.your post is always helpful.
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Surely Steem Will Take Over Bitcoin In Future.
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yes it will. So many projects are popping up
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Yes You Are Appsolutely Right Bro.
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Nice post
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Good Project Of BitCoin
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This video its okay, i love your video brother !!
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I haven't watched your video, But I so happy to see that you're contributing to steemit platform so much and together we can make this happen!!!
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Nathan I don’t blame you for being so easily fooled by your desire for good to conquer evil. I am here to help you discern deception from truth.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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this is very nice post bro. you are really amazing.you are a really good person.you often post very nice content. blockchain, bitcoin, cryptocurrency are hot topics. there are lot of things for learning
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Why do you think he is really nice? Because he is a good actor and con artist who makes you feel like he is on your side while he is reaching around and taking your wallet from your back pocket?
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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interesting, please who can help to earn big in steemit? am a complete newbie who is zealous to write and get pay
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cool - learned about BSteem thanks! Also, I am "staking" by delegating and earning rewards - been working great for months!
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Hello, this block chain platform, can benefit some and not others, the important thing is that each one decides if the use of intermediaries, whether affiliated or not, these efforts have the greatest interest in creating millions of nodes, looking for an economic benefit, this works for those who have large investments to which we not only read and try to learn a little. regards
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Indeed it is not easy to find stable cryptocurrencies right now. currently, ether is seen as the more stable cryptocurrency while others are suspected of unprecedented volatility in future. Steemit would be the best if its value is maintained within a reasonable standard. Although the concept of cryptocurrency is embraced is many parts of the world, it is not ultimate that it must be the future currency. Things unknown might happen and currencies, may tumble further than any commodity.
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Is $22.12 per dollar stable in your variant of reality?
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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brilliant!
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NICE POST!!
FOLLOW ME @pseudoguru
I think we can help each other
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Steem looked good but (#BTC) king is only one 😬
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this is great prospective i think this is possible to happen
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BTC has the advantages of the first version issue currency weakness is also important. Steemit advantage can be more and more people participate in interactive, without the need for miners.
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There are many more details you may want to be aware of.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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It's a beautiful post. Continuation of Your Achievements My Dear.
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A lot of information here. Must be hard work. Thanks
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Same idea
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Ha-ha... nope.
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https://steemit.com/adsactly/@louismata/developing-new-skill-in-life
wow great
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Waw really?
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May I translate your great posting to Korean?
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Please also translate the rebuttal to his deception.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Waw really?
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Thank you for this post and all the information. I will take my time and go deep into all of this. I am still learning.
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If you want to go deep and see through the deception, then I am here to help you.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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The largest miners are getting bigger Steem Will Replace Bitcoin as
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Nice one.
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Congratulations @jerrybanfield!
Your post was mentioned in the Steemit Hit Parade in the following categories:
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I am @ehpothik wanna to write somethig about Jerrybanfild's post on #dlive . You have seen that its the trending post at this time . I've already read his writing. After reading his post I am getting laugh. It's totally a fake information , 25 reasons Steem will replace Bitcoin. I think he had forgotten that Bitcoin is Bitcoin And Steem is Steem . Steem and Bitcoin are totally different platform. So I want to say that don't listen him. Just do your job.
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@jerrybanfield A lot of posts I sell, but only in this post I found the contents very cool. Syarahan you about some reasons, really I really love your post
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I love where your head's at Jerry, but you crazy if you think steem will ever overtake btc because of those whack, half-assed reasons.
I almost feel as if you found 5-10 decent reasons, and then looked at your title and was like "shit I need 15 more", and then shit sprayed the other reasons into your post lol
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He found maybe one reason which is #18 and it isn’t decent and might even be illegal.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Hello, friend, that´s a good idea, good suggestions. Very interesting information.
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@jerrybanfield I want to visit a live Q & A recording session on YouTube! Visiting your post or blog, making my brain smarter, and increasing insight
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It would be a great thing that humans still stay alive in 2021... Sería una gran cosa que los humanos aún nos mantengamos vivos en 2021...
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Hello @jerrybanfield please you vote me help me
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too good to be true. just looking for things to boost ur steemit wallet now u have $1900 right . good topic empty content man.bugs will surely get squashed
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25 reasons more to stay posting good articles in steem
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I pray it's come to pass
Nice reasons you have there...
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@jerrybanfield Really you are too good also your post. I have seen your video perhaps in youtube. A lot of things can be learnt from you. Love you.

Sir you can visit me..
https://steemit.com/introduceyourself/@apuvai152/hello-steemit-i-am-your-new-friend-do-you-keep-friendship-with-me
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When we compare this to advertising on Google or Facebook, where else can we get a return at all from promoting ourselves plus more views
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i can joyon grup.
plz joyen me plz
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Welcome to land of the free. I have never actually really worked for a company, so I can only imagine. But I can tell you for sure, you will enjoy doing what you love to do, and I've followed your blogs and vlogs so far, you pretty much enjoy the new life you have been living. Congrats man, I wish you all the best.
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Hey @jerrybanfield greetings from poland you are great your posts are the best please upvote follow thank you master
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Some day the community here is going to wake up, I hope that happens before you do more damage.
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I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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very true. great point of view
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btc vs steem
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The steem is so strong, the cryptocurrency came to stay for along time
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Hey Mr. @jerrybanfield hope it will be clear to you . I am challenging you . https://steemit.com/dlive/@ehpothik/25-fake-reasons-steem-will-not-replace-bitcoin
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Hey Mr. @jerrybanfield hope it will be clear to you . I am challenging you . https://steemit.com/dlive/@ehpothik/25-fake-reasons-steem-will-not-replace-bitcoin
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I am @ehpothik wanna to write somethig about Jerrybanfild's post on #dlive . You have seen that its the trending post at this time . I've already read his writing. After reading his post I am getting laugh. It's totally a fake information , 25 reasons Steem will replace Bitcoin. I think he had forgotten that Bitcoin is Bitcoin And Steem is Steem . Steem and Bitcoin are totally different platform. So I want to say that don't listen him. Just do your job.
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Too good not to resteem! 🤗
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This will go all the way up!
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Jerry est très fort en vidéos comment fais t' il ses montages ?
Jerry is very strong in videos how do he do his montages?
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10 reasons Scamfield is Wrong
https://steemit.com/steemit/@vaerospace/10-good-reasons-steem-will-not-ever-replace-bitcoin-as-1-cryptocurrency
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Instead of voting yourself that much, you can start to increase the money that you have by helping the others and really increase the value of Steem. It is crazy to think that Steem will go anywhere if nobody is trying to reward true value here.
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Steem’s reward system is a Prisoner’s dilemma.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Don't you think 2021 is a little bit too close? Steem just started bitcoin has always been there i don't see the possibility of overtaking it soon.
Well you've got great analysis but it doesn't add up logically.
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Jerry? Are you still there?
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Thanks information
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Ho hum. Another self-proclaimed know-it-all telling you how it's going to be by X date.
Good luck Carlos Matos, scratch that I doubt you're even meme-worthy.
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estoy totalmente de acuerdo con tu punto de vista, creo que mejor explicado no puede estar.
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Can we get a customizable MySpace WordPress like Steemit home page that can be edited? I would love to have something like SteemBook.io for example. Instead of Facebook. I made up that name, Steem Book, but it would be at least one static home page which you could put your favorite Steemit posts and comments and videos and photos and music and audio and memes and links and files and everything from your Steemit and from your Steepshot and from your Dlive and everywhere or even other things from your friends or other websites as your home page which would be whatever you want it to be. I would love a blockchain web builder for making a home page for my Steemit so I can direct my fans there. It would be cooler than Xanga and Bebo. You know MySpace had something like it back in 2007 which I loved over Facebook.
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Interesting ideas. I will keep those in mind for the replacement for Steem that is coming. Please feel free to ping me when it is launched.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
And no Minds will not compete. I explained why at the above linked comment.
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Minds is an alternative to Facebook, to social networking in general, & has a points system last time I checked which might be like a cryptocurrency. But beyond that, it a place where I can save my stuff as Facebook deletes things at times.
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Wow! Amazing work.
If you see this comment Jerry...i really feel sick when i see these kind of payout😰😢.
Any help😌
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You really are a joke @jerrybanfield. Your posts are pathetic and you're seriously full of shit.
Go back to your mother's basement. We don't need your spammy bullshit clogging up the rending page.
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It’s not just him. Steem is designed to be this way. Why blame him? If not him, some other scammers will fill the void in the power vacuum of Steem’s flawed design.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Why blame him? Two reasons:
Oh and nice strategy to plug your post. Well done.
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Murder is not an analogy to a power vacuum. If Jerry wasn’t filling the void in the power vacuum created by Steem’s design, then some other whale would be forced to fill it. My post which I plugged explains this in much more detail with links off to prior blogs and comments which explain in great detail the concepts. I’m not plugging my post to gain rewards, but rather to help educate the community.
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For the first time ever, I actually read a blog as a whole, never missing a single letter. I think another advantage of steem unlike others is that your can transfer steem and SBD to another account and that there is no legal age required. This means that even grade schoolers can have an extra (or even a living) while going to school. They just needed to post here on Steemit and promote, and when they needed to cash out, find someone they personally know who is on steem and transfer their earnings to their account and have that person withdraw it from there.
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Wow, thanks for this great post @jerrybanfield !

It's an eye opener for everyone who worries about Steemit and Steem.
I am the same opinion, Steem has the potential to reach Bitcoins value and more.
All you goes do such a great work, my biggest respect!
Best regards and a wonder day
Tom
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The fact is Value value value....everythiThe fact is value value value. Everything revolves around creating of value. When you create value, u get your ward, when you get your reward, you expand and inform others. The trend keeps rising...
Steemit will take over in the near future.
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mis saludos y mi respeto sr @jerrybanfield
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Dear Friend I always read your post its a big knowledge for every person .... great i like your all video and you are a good motivated leader.
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Would it with this attitude?
Steemit in a shorcut
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You are a good salesman Jerry.
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ftfy.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Thanks @anonymint
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This is OSM Brother .....?
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i can think of one reason bitcoin will always be valued higher. Bitcoin is always about money and money alone. Steem is about a community first and the currency second.
Just think about an external persons perspective. if i have to buy steem then i am more or less a shareholder. if i buy bitcoin i am always a trader. Bitcoin is a pure bartering platform at the end of the day. i can buy money while on steem i have to make money.
I am a big fan of steemit and i am more focussed on adding value and setting higher standards for cooperative content. Steem has real asset value potential unlike bitcoin which is quite speculative
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The truth is that steemit every day covers more space; the platform every time generates more confidence to the users; let's hope it arrives very high and we with them. Congratulations excellent post
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Would you feel repentant if you knew that your comment is spreading/fostering deception?
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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I really hope so!
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WOW .. great service ... it’s a hidden gem 💎 how brilliant idea I think could benefit more inert written articles which have no video embedded!
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nice
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really
steem manages inflation and that's a good thing
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Hey every one ...to be a steemian I today create a post on steemit blog is about cryptocurrency ...This post may can grow your business . I honestly explain you that this post can growth your business and be helpful to you. So that I want to share my post link here:
https://steemit.com/cryptocurrency/@steemit-review/weekly-crypto-mining-intake-and-profits-107x-gpu-farm-on-april-19-2018
Please DON't downvote me if anything else here.
Cheers,
@steemit-review
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The real fact is It's a speculation promoting more to get people used to it. People are motivated reading this content.
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I learned and learned a lot from this post.
As a result, I have made a lot of improvements. Thank you very much. For sharing such a post. Hope you share this kind of good post with us.
thanks again..
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All you could possibly learn from his deception is how easily you can be deceived. But you haven’t learned that yet. The link below will help.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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i hope this will come to reality but in principle i doubt it will happen.
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With this economic model, not a chance in hell.
The whole system is rigged to accumulate wealth at the top, with early adopters, severely disincentivising new users.
If some radical changes are not made in the way upvotes, flags etc work Steem is bound to become a bot infested hell right out of Terminator.
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It can’t be fixed because to fix it would require throwing away the rewards system, because it has no possible solution for fairness.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Upvote and rsteemit
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no it wont
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steemit has served me to generate income to acquire new knowledge every day, this is a social network and platform that for me is complete in all its senses
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i want to join you .... i really like your idea .... is it allowed in steemit what it is legitimate to do .....thank @jerrybanfield
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Congrats on the payout! Steem is by far my favorite currency to date and I'm so glad that so many people agree with how useful it is. Top notch post! Followed.
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Anthony I don’t blame you for being so easily deceived, so here is some education I offer to you for free.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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I agree 100% . good job @jerrybanfield
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Surely it will replace @bitcoin in future
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Surely it will replace @bitcoin in future
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Good detailed analysis work. Would read again!
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Alan I don’t blame you for being so easily deceived, so here is some education I offer to you for free.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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very good
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He got almost 2k for this.Unbelievable
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HAHAHAHAHAHAHAHAHA not good jokw.
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Nice :)
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#Steemflagrewards This post was reported for abuse of voting., abuse of the pool rewards
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This was just so helpful. Thank you for bringing clarity!
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Jonny I don’t blame you for being so easily deceived, so here is some education I offer to you for free.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Hey, thanks for the post. I'll take a look for sure. If anything, it was more that I didn't fully understand elements of the platform - so reading through was helpful. I look forward to seeing what you write though. Whether steem outruns Bitcoin doesn't especially bother me, am more interested in how the platform grows and develops as a tool for freedom of speech.
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Cant wait to see how this will go. Who knows, maybe steemit will be the biggest media platform in the future! Time will tell...
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wooow, this is the most upvoted post I've ever seen in my life since I've been here but I've only been here for a month. lol
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There are many predictions in this area, but there are many factors that lead to the rise or fall of a currency
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Definitely steem blockchain is very innovative, have faster transactions compared to Bitcoin and Ethereum platforms and transaction cost is zero here which make it one of the most potential blockchain, cryptocurrency cum social media platform. But some issues must be addressed so that this platform may become so much successful that it may replace bitcoins at al. For this various issues like misuse of bid-bots, self voting, downvoting, voting circles, creation of multiple account etc should be addressed, otherwise, replacing bitcoin etc will only remain a dream.
Thank you.
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thanks you so much for all the information saludos desde Venezuela
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So I went away from steemit for several months and this guy is still spreading bullshit and lies to push his coins up.
What a retard.
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This is the opinion of the author and his very great desire, but one must adequately judge. Bitcoin course will not always be in front, but about STEEM said with great optimism.
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back my vote
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tôi thấy rằng anh ấy đang giành rất nhiều thời gian cho việc nghiên cứ về Steem. Các quan điểm đưa ra khá thực tế, tôi không hiểu điều gì khiens mọi người khó chịu với anh ấy như thế
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wow, you are the one who really inspires us , thanks you very much
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It is doubtful that Steem will overtake Bitcoin for obvious reasons which I can't get into all of them now, one of them is that Big Names spoke in favour of it (Bill Gates for instance), it has a real and high market value, despite its extremely volatile nature, and most importantly it is turning big industrial gears via the manufacturing of ASICs which cost thousands of dollars...
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Interesting times we live in can't wait to see if this comes true by your predicted date
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It is what it is.
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It's true steem blockchain is becoming more valuable as time pass by since more and more apps are being developed that can be mass adapt in the near future. It's fine if steem is not #1 but I hope it will be at least at top 5 :)
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nice post with true facts =) let's make steem great, it's our job to speak about it and get more users...
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His “facts” are deceptions.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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das 2401 Vote ist von mir bam lol
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Bitcoin will always be the number one!
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Steem is already better than Bitcoin
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This is just good and i m feeling special to get involve in it.
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I really hope you are right. I have been tired and frustrated with Facebook for a while now. Don't want to feel like I'm being monitored for data collection, even if it's only for more direct ads. Hopefully I can figure out how to post interesting things one day. I'm just not good at anything.
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Many of us want something better, but unfortunately I think Steem is deceiving us.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Great
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This post was good. ( I actually watched on YouTube thought , need a dtube app for Apple TV )
And you are a absalutely right ! Steemit blockchain has so much value , that examples you gave of leaving bitcoin in your wallet and possibly not earning a thing was a wake up call.
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That is a deception. Whilst your STEEM POWER (SP) increases, the cartels are taking asymmetrically more rewards out than proportional to their SP, thus you’re continuously being diluted/debased relative to if you had held BTC instead. The only reason you’re able to advance is because enough other greater fools are fooled into buying STEEM and driving the price up despite the ongoing scam which they’re not fully aware of. And if you happen to be one the lucky bloggers that is upvoted by whale cartels, then you can be shining example that the scam tries to reward a few superstar bloggers to make everyone else jealous and manipulate their psychology to think that in the future maybe they can get high rewards too if they continue to give more effort to Steem than Steem gives back to them.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Is that not what capitalism is all about? The Rothschild empire has a lot more fiat money than Steemit whales have SP. Some companies have a lot of money. The central banks have a lot of money. Like the real world, Steemit has whales too. So, should everybody have the same amount of money? Am I not able to become a whale on Steemit?
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No. You’re ostensibly conflating monopolies (due to power vacuums) with free market capitalism.
For example, central banks loaning money to the government (thus forcing regressive taxation) came about because the power vacuum of democracy is totalitarianism.
One of the key points in my rebuttal is that the rewards for cartels are asymmetric and disproportionate to their SP stake. So not only are they getting their outsized share, but they are also getting more than their outsized share. For some reason, this point seems to fly right over the head of most readers. I cannot since my explanations in 2016 get the community to comprehend the logic and math of it.
And Minds has not solved that fundamental problem that I had explained in 2016.
EDIT: I elaborated in my reply to your other comment about the distinction between top-down ruthless power vacuums and the beneficial, bottom-up free market.
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I prefer constitutional, representative, republics over cartel ruled democracies. I love free markets. I prefer real capitalism over crony capitalism. I do not like central banking because they control the dollar. Steemit is not centralized like that, at least. Steemit is better than Facebook. But if we can do better, bring it on.
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All democracies (including republics) before cartel ruled because of the power vacuum concept I am trying to get you to grok.
The latter exists because of corruption of democracy which rewards monopolies, regulatory capture, etc.
Incorrect. DPoS is stake-weighted democracy and will entirely cartelize winner-take-all.
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We upload posts & comments into a decentralized Steem blockchain, and the voting system is not the same thing and I do not want the voting system to be void of capitalism. But who is the cartel? Who is not the cartel? You want everybody to be equal? But people are not equal. Some people will become more rich and some more poor, and that is the beauty of life.
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You and I have been having a discussion spread out over many different blogs thus not all of my replies to you are in one place for the reader.
Even though I have already explained to you that egalitarianism is not my goal nor am I alleging a lack of egalitarianism as being a fault of Steem. You don’t seem to understand how the game theory of Steem’s reward system is deleterious because it isn’t meritorious nor equitable, and it encourages everyone (who has any significant wallet balance) to defect and vote for themselves (via sockpuppets if necessary). Don’t conflate inequitable with inequality. Conflating the two words is a failure to use definitions correctly. Unfortunately all the English dictionaries have an incomplete definition of the terms ‘inequity’ and ‘inequitable’ that emphasizes only unfairness and unjust.
So I am referring to the antithesis of the #2 definition above. So by inequity, I mean not proportional to the shares issued. I mean that whales are able to generate rewards which exceed the proportional of their ownership share. IOW, I am saying that Steem’s reward system is not capitalism and instead Communist Fascism. In Communist Fascism the State controlled by an oligarchy of Tzars owns everything and steals everything from the people. Their takings are not by way of merit and capital investment but rather by decree or fiat.
This is a discussion we can have in the future. I do not want to expend more precious time on this now. If you reply again to this comment, I will not have time to reply. Please save this discussion for the future time when I have already launched my project and then want to have a roundtable or AMA discussion with the community.
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You look like the guy in sci fi movies that everybody dismisses him as insane only to be proven right by the third act. And I mean that as a compliment.
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Thanks for sharing
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EOS will probably spawn something that is even better than Bitcoin as well.
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I would like to know how you can win a lot like this... it's incredible... congratulation!!
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Racism devalues steem; the fact that this platform is crawling with too many people affiliated with hate groups; who openly downvote non-white authors and content creators means this platform won't be able to hold up; as other groups of people continue to fall into this space, which used to be mostly white; better ideas will be introduced.
All these platforms steem has can be replicated - and a better way of rewarding people for their content (better than Voting, which is 100% Bias driven) - will emerge;
but for now, Steem is 'too much' like Twitter, or Facebook, in that a person can be Flagged for violating terms that they have not violated; and Judged by an Algorithm that isn't intelligent enough to realize when a user has not actually violated terms; but is just being flagged by a bunch of 'trolls' using the platform.
Hell I'd love for steem to be worth $8,000 or more some day; but, racism (The evil virus that it is) is bound to kill this currency, the same way racism corrodes corrupts and destroys everything else that it touches.
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I’m not a racist. The scam of Steem has nothing to do with racism. Just because ostensibly white male whales happen to be running the scam, doesn’t mean they did so intentionally with forethought about race. They simply happened to be the ones capable of premeditating and implementing the scam. If you want to compete with them, then get busy on programming, engineering, human psychology, etc.. Please stop blaming racism for any of our failure to compete. Let’s all look in the mirror and ask ourselves if we are working as diligently as we can to compete.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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@AnonyMit, What part of Steem is a scam? Steem says you make money. In 2017, I joined Steemit for free, made money from Steemit, and bought a plane ticket with the money I made from Steemit. Was my plane a scam?
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I will quote from my lengthy rebuttal of Jeremy’s 25 points:
And quote from another comment I wrote:
Combine that with the premediated by Daniel Larimer, sneaky instamine that @cryptovestor documented in his video which awarded some 80% of the money supply to STINC, which STINC now allegedly and plausibly employs in a sockpuppet scheme to obfuscate that they’re powering it all down into Bitcoin while capturing asymmetrically more than even their stake-weight share of the rewards.
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I understand that it fools newbies. But then again, CNN fools newbies. I don't want to downplay what you are saying. I do not really like deception. But on the other hand, what is the alternative? I know, you talked about http://Yours.org as an alternative. Also, I would include http://Gab.ai and http://Minds.com like I said before. I understand that you may have to be lucky to get upvoted by whales. I would compare Steemit to gambling, Poker, the lottery, and people continue to play them and maybe they shouldn't as most people don't win more than maybe $5 every few years at the most for some of the gamblers. But still, Steemit is an alternative to Facebook still. And Facebook has deleted a lot of my stuff so many times. YouTube destroyed thousands of my videos. Twitter told me I was a Russian spy bot because of what I share and say on Twitter because I am conservative instead of brainwashed progressively liberal. I don't use Steemit for the money but because I need a platform that is not going to delete my stuff. I like money but the one thing I like more than money is the ability to keep my stuff from being lost.
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I am inviting everyone to feedback on a naming a new project which will attempt to fix these problems.
You will find a list of all extant tokenized social networks on distributed ledgers that I’m aware of.
I have a much better design in mind. And note my criticism of the design of Yours’ reward system.
Oh I agree. That’s the reason I use Steem now. I was perma-banned from Bitcointalk.org and I’ve had so many comment posts censored by for example WordPress’s idiotic spam filter.
But I’m concerned when Steem fails all the data may disappear from ready access if there’s no economic incentive to continue serving it. Steem’s design doesn’t even pay any transaction fees to the nodes which serve the content! The monetary reward and incentive aspect is very important to get correct. This is what I explained in my blog about consortium blockchains. It is why I am not enthusiastic about the $1 billion grab of EOS. We need a long-term viable paradigm. I am working on it. Maybe others are too.
Agreed. But we also need the monetary aspect to be long-term viable, else we’re potentially right back to having the widespread access to our content be lost.
And also we need a paradigm that encourages widespread adoption otherwise our content is not accessible to most people.
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Agreed, gotta think long-term before Steem dies, and it can die, and http://Vid.Me died in 2017 and things do die and can die and I am concern with all of this as well. I had an incentive of using Steem when I turned my Steem into Bitcoin in order to buy a plane ticket. But some people would say it is too complicated to do that even.
I didn't know nodes are not paid. How can we get them paid and why aren't they rewarded with some Steem or Bitcoin or something for their work? Are Steem Witnesses paid? I guess some nodes can brag about it in some Steemit posts and maybe make some money that way at least.
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I don’t think Steem will die soon because of the Steem Media Tokens pump coming and the speculation on whether investors will buy STEEM so they can earn 4% ROI monthly by upvoting themselves via sockpuppets in addition to the appreciation of the tokens.
Steem’s witness nodes are paid to generate new blocks for the blockchain, but CDN nodes which serve the content stored in and referenced by the blockchain are not paid.
The reasons that Vid.me failed are what is solved by a tokenized replacement for Youtube as the admitted by Warren Shaeffer the Co-founder of Vidme:
But I think he is incorrect about the necessity of operating a video site at a loss. Tokenize then charge the users for the bandwidth costs. It will be minuscule1 compared to the appreciation in the value of the token, i.e. users will see their wallet balances rise. This is what Steem and EOS do by minting new tokens to pay the witness (and pay STINC which presumably makes sure the CDN nodes are funded), which I think is a feature bug because that opens a door for spam as compared to charged users a microtransaction fee. And rewarding tokens by minting them from a collective money supply can’t possibly be designed to not be a system which must end up as a winner-take-all whale dominated clusterfuck (i.e. oligarchy and overlords). And by the time the token stops appreciating some decade from now, then the cost of video bandwidth will have become insignificant and users will have gotten accustomed to the advantages they get as compared to Youtube and not want to stop.
P.S. STINC = Steem, Inc.
1 Roughly less than $0.01 per hour of video consumed. For example at 2 Mbps data rate for 360 – 480p video that is roughly 15 MB per minute which is less than 1 GB per hour. Hivelocity offers a $98 monthly server with 50 TB bandwidth allowance, which is $0.0019 per GB. As of May 2016, high volume pricing was as low as $0.0025 and dropping 20 – 25% per annum.
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Hello @anonymint ... I don't know you. I've never spoken to you before - so why you would read my comment that is not addressed to you, and figure I was talking 'about you' is beyond me. However, that is usually the case with racism. White people like you decide to go and DEFEND racism; you DENY Racism and for why?? If you're not a racist, why do you feel a need to shoot down any conversations about racism??
How do you know what their intent was, since you yourself, are Not a whale? - This is the problem with racism; white people like you never want to admit that racism is ever at play. Why?
Do you feel that if you admit that there actually are racist white people, it means YOU are a racist too? If so what kind of silly thought process is that? How are you so comfortable in believing Wild Fantasies are Truth?? What makes you believe non-white people are not smart enough to understand, that Not all white people are racist, EVEN if a lot of white people are racist??
White people being racist, does not make YOU a racist too; BUT defending racism, makes you suspect.
What I wrote, is a reality. You denying that reality, only bolsters my whole point. None of you even want to consider what kind of platform this would be, if racism was NOT an issue. When non-whites get to this platform, they are excited, initially. But then after writing posts that do not get votes, or views, primarily because this platform is filled with racist white people who have no desire to read what blacks have to say, and have no desire to 'help' anyone black - They Leave this platform. Then other whites who start to realize how Little Diversity is here - also leave.
What's left are a bunch of racist, nerdy white people that don't like or get along with anyone else.
How you can think that isn't negatively impacting this platform, is beyond me; BUT you don't think racism is a big deal - you are one of those white guys who thinks blacks are just making it up all the time; and no white people are working together to harm others ever --- which is a ludicrous belief system with all the History of Evidence we have that this is actually what white people do. Not all whites, of course - but plenty ..... you all need to adjust how you live on this earth; You're messing it up for humanity.
and because of your attitudes, this platform and all connected to it will fail. Other platforms, programmed by people who understand how racism cannot be allowed to permeate another space, will rise up. I care not if you agree with what I'm saying. I know it's right.
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I’m working on creating a system that won’t give inequitable rewards to whales so that all those who join can compete meritoriously.
I have no evidence that when the whales of Steem created Steem with a design that is inequitable that they did so to discriminate against any race. FACT: the Steem system rewards the whales at the expense of minnows of every race and gender. You may see some whales upvoting some white friends of theirs, but there’s plenty of white minnows who are not being upvoted. And in fact I am upvoting dark skinned people. If you don’t believe she is dark skinned then you haven’t seen or tasted her dark black crotch! She’s just hiding from the sun always to try to be brown only. The ridiculousness of this point about darkness of skin color is to exemplify the ridiculousness of making an issue of how dark or light-skinned a person. The world doesn’t owe you a damn thing. If some group of people decide they want to exclude you for whatever reason, then that’s their prerogative. Go make your own if you feel neglected in theirs. Don’t try to tell them they own you anything. California is bankrupting itself with that politicization.
Besides dude, I am not even 100% “white”. My grandmother of my mother’s side was brown skinned with a large percentage of Cherokee native American indian ancestry.
Dude I grew up in Baton Rouge, Louisiana and we were so poor at one point that we were living next door to black people who had holes in the walls of their house and no functioning toilet. And I attended an elementary school in which my sister and I were one of only a few non-African kids in the entire school. I’ve enjoyed very much black people in Louisiana. But you’re correct that I associate more lately with nerds, because I want to be productive. When I was more into sports in my younger years, I had more opportunities to be associated with African lineage guys. But there are also some Africans getting into high-tech. The world is changing fast.
You really need to stop playing politics, playing the victimization role, and focus on doing something productive. There are many successful African people. And the ones who are successful get on with it, and stop whining. And as I said, many of us are working hard to create a more meritorious world.
P.S. You’re in Los Angeles? So you know Culver City. That is where I graduated from high school. I was a walk-on football player at Santa Monica junior college one summer camp and we had mostly black players. One of them was from Maryland and he and I become friends and hung out sometimes. One of my roommates at university was a light skinned black. Among my many interests, I also like basketball and I listen to all kinds of music including rap, R&B, etc..
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You're being the typical obtuse white guy on purpose who tries hard not to understand what others are saying. So that's fine. I know who I'm dealing with as your 'kind' permeates American Society. We deal with you all the time, as you're all the same. you talk at people and never listen to what others have to say. So much of what people like you do, involves racism at the very top. I have been building websites since 2004 - over 14 years; and all my interactions with white/asian programmers has been filled with disrespect.
Denying that racism is the culprit is just part of your Cult. IT's how you roll. with dishonesty.
SO in several ways, it's actually partially joyous to see people like you suffering from what Racism causes. It causes inequality, and it causes all the issues you're mad about. It all stems from racism, racist attitudes, hate; The UNWILLINGNESS TO SHARE resources --- but you don't see it; from how hard you are working to defend racism. Deflecting doesn't change the reality that you cultures hate for non-white people will only cause problems for humanity; and everything we touch.
I just wrote a review on Agents of Sheild and how the fans in Facebook want the ONLY black character off the show; Why is that? Oh I'm sure it's not racism because nothing is ever racism when white people tell the story .... ;)
and you'll see I don't offer it up as 'evidence' or proof; - people like you are Morally Corrupt. Being honest isn't in your Genetic make up.
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lastly claiming to have ONE black friend does not make you look like you aren't a racist. :)
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nor does telling me you like rap and r&b ..........
none of that has sh*t to do with the fact that white people do not VOTE UP articles written by black writers on this platform; They don't resteem articles from black content creators; they don't leave comments or show anywhere near the kind of love to black steemers as they do white/asian ones; and that filters into all the problems you're speaking of, where the Whales end up being 99% white or asian; and you don't see race ... b/c you love the benefits that come from being white and the last thing you want is a actual fair world where all of us are just people.
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I already told you I want a meritorious world.
You’re presuming they aren’t resteeming your content because of race. Maybe it’s because they aren’t sharing your interests, the way you write, etc.. You have to build a community of followers. Who are your type of people? Are they on Steemit? But I also already told you that Steemit is a broken design and I don’t advise you to waste your time trying to build something here. Look for a better platform.
Talking about race all the time makes you look truculent and undesirable. Any way that’s what you want to focus on, but I have more important things to do and certainly more enjoyable activities to do than beat a dead horse about this issue.
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@Topnetworkeral, who is racist? Who is not racist? By who's standards are we to define what is good and what is bad? Are we to define words like racism and spam from your dictionary or my dictionary or this religion or that religion or no religions or this country's laws or that country's laws or what? What is free speech? Some people think free speech is limited like Mark Zuckerberg of Facebook said. Why not go back to Facebook if Mark is right? Mark agrees with you, right?
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So if I point out how racism is a issue for the platform; your response is a "go back to Facebook?"
Sounds like a "go back to Africa if you don't like racism" response.
not surprised :)
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Proves my point, entirely :)
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I wrote a post in 2016 rebutting you before you even joined Steem.
He didn’t insinuate that, and you have not shown any evidence of racism on Steem. The white minnows are being disadvantaged also.
And in fact I remember a black guy in Germany who teaches dance who was earning $100s and even $1000s per post in 2016 and 2017. I don’t know if he is still active on Steem.
I see your resteemed @heiditravels 7 months ago and she is “white” and has been a favorite of whales.
Steem’s design is broken. The whales are raping the system at the expense of everything. Stop with the racism allegations. That diverts attention from the real issue which is an algorithmic one which you may not comprehend. I am an engineer. My job is to make systems work correctly. Has nothing to do with race.
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he Literally said "go back to facebook"
this is why debates with white people about racism tend to be so pointless - none of you are willing to admit anything. Ever. Even when it's right in our faces.
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also yea, I resteemed content from heidi because she makes great content. unlike white users on steem, I don't look at race before i resteem people. Meanwhile, no one white resteems My articles.
because that is how y'all operate. You can shout at me all you want that race isn't impacting the ecosystem; but it absolutely is. You white folks bring your hate with you online; and it'll kill everything you touch til; you change your ways. Jumping on My comment to tell ME that racism isn't happening on here, only makes me think you're just another racist defending racism; like y'all always do.
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lastly, your comments are really all the Evidence I need.
Yours and the 'go back to africa/facebook' guy ..................
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For more info on race, I love watching the @Stefan.Molyneux videos.
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Will @jerrybanfield
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I don't agree, I still think that bitcoin will be the basic cryptos for holding long term value, much more like gold or oil or diamond. But steem will be more mainstream, and will rise up to the rank within the top 5 cryptos of value and usage. It will not go up higher than that.
Thats my fearless forecast.
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v.nice
sar i Requst You Pleas Upvote my post And Follow Me @rehanshah
Thank You
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Why is everyone so riled up? I think Jerry was trying to do what he thought was a good job of hyping STEEM. This is classic @jerrybanfield
I disagree with many of his points as being more hype than fact.
But that doesn't justify the level of vitrol.
And then he spent and unusually large amount to promote onto Trending.
Why is everyone so upset about someone following the rules of what steemit allows?
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Wow. What a cheap and cheesy smarmy video. Pure boosterism crap.
But Jerry is as free to post what he wants as anyone else.
Haters need to focus their hate on haejin. A more obvious rewards pool raper
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hallo...how are you friend? here I amfrom Indonesia wants to meet you through this steemit
I just joined this media because I just know from friends and now I do not really understand how big SP can you give information about it? if not you who else i expect? thank you for your kind attention and friendship from @ fauzan11
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hallo...how are you friend? here I amfrom Indonesia wants to meet you through this steemit
I just joined this media because I just know from friends and now I do not really understand how big SP can you give information about it? if not you who else i expect? thank you for your kind attention and friendship from @ fauzan11
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I love this
25 well researched reasons
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Please don’t duplicate Eve’s feat of being so easily deceived by the forbidden fruit. The deception is perhaps difficult for you to have detected by yourself, but I am here to explain it to you.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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I need your support. Please give me some sbd for up my sp. I am new here and I need your support. Thanks
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@fauzan11

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Your information and video will help all steemit user.
And steemit user will be inspired by you.
Thanks for your helpful post.
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Your information and video will help all steemit user.
And steemit user will be inspired by you.
Thanks for your helpful post.
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Your information and video will help all steemit user.
And steemit user will be inspired by you.
Thanks for your helpful post.
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Definitely, I will join! I would like to increase my steem power, so count me in.
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The value of steem dollar is increasing day by day. So it may be happened at a time. That day is not so fur.
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You have good a post man. I agree that with the number of people signing up into steemit is really a good reason why steemit will rank highest in 2021,at the same time I suggest steemit should be able to always verify spammers on or before time in the site because as the site grows so does it's technical difficulties grows.
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The scammers signing up (allegedly up to 8000 per day) unverified sockpuppets is an indication of success? What real adoption? Real adoption by deceived n00bs.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Yes that's true
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yes hopefully it is easy to access, good job @jerrybanfield 👍
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Well as of now many respectable people are saying its sh*t .... you guys need to work and make the UI a real professional grade...
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Almost impossible but... who knows :)
I have heard that there is NO impossible things :)
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Seorang pemuda membawa ayahnya yang telah tua dan agak pikun ke sebuah restoran terbaik di kotanya.
Ketika makan, tangan sang ayah gemetar sehingga banyak makanan tumpah dan tercecer mengotori meja, lantai, dan bajunya sendiri. Beberapa pengunjung restoran, melirik situasi tersebut.
Namun pemuda itu terlihat begitu tenang. Ia membantu dengan sabar dan menanti sang ayah selesai makan.
Setelah selesai, ia membawa sang ayah ke kamar mandi, untuk dibersihkan tubuh dan pakaiannya dari kotoran.
Setelah itu, ia mendudukkan ayahnya kembali di kursi, dan dengan tenang ia pun membersihkan makanan yang tercecer di sekitar meja tempat ayahnya makan. Kemudian, ia membayar tagihan makan malam pada kasir restoran itu, menghampiri ayahnya, dan menuntunnya keluar.
Pemilik restoran yang sedari tadi mencermati perilaku pelanggannya ini, bergegas keluar menyusul si pemuda yang sedang menuntun ayahnya itu. Setelah berhasil menyusul, ia berkata, “Terima kasih, Anda telah meninggalkan sesuatu yang berharga di restoran kami.”
Pemuda itu balik bertanya, “Memangnya barang berharga apa yang aku tinggalkan…?”
Sambil menepuk pundak si pemuda, pemilik restoran berkata, “Engkau telah meninggalkan pembelajaran yang mahal pada kami semua, tentang luhurnya nilai berbakti kepada orang tua.”
“Bakti” bagi setiap orang terhadap orangtuanya, tentu tidak sama satu sama lain, karena situasi yang berbeda-beda. Tapi yang pasti: bakti adalah hal yang tidak bisa kita abaikan. Seburuk apa pun rupa maupun kondisi orangtua kita, mereka tetap layak dan harus dihormati.
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I also have faith like you!
Sure! Sure! Sure!
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Agree 100%
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Good luck for everyone hwo work with you 😁😍
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Good luck for everyone bolditalic# header# header# header# header
code
code
who work with you 😁😍Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
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Wow!!!!!! Look at that post! I under estimated you Jer boy - you are our strongest ambassador ever. Brilliant post.
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Deception and scams make you excited? Why?
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Well lets read
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why? One post 1.9k Steemdollar?
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@jerrybanfield
steemit is the world's unrivaled virtual community already, from my estimation. It is a community that deserves daily accolades, because it's paying its dues daily to us all in full! Thumbs up to all steemians. It always gets better!!!
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please teach me how to invite many friends to join in steemit, thanks
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I hope so
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thank you for share@jerrybanfield
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steem good, but obviously not enough lol
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Great post. Good research.
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Shouldn't the goal be that you should continue to develop and still be better than something new?
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wow.
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I was shocked to hear that steemit will replace Bitcoin ..it's really an awesome news it made me more serious about steemit ..Now I'm going to work on steemit with full confidence..
I'm grateful to you brother @jerrybanfield ..for such an helpful news
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The most important reason that makes other cryptocurrency to replace bitcoin is it volatility.
Bitcoin is becoming less volatile every day this opens chances to other currency's including steem
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great my friend
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Thank you very much for an article as complete as this I hope to continue reading. God bless you.
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You won’t have the complete information until you read my rebuttals of his deception.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Necesito bitcoins en mi
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necesito bitcoins en mi vida :'c
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Good posting @jerrybanfield
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Good posting @jerrybanfield
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Please flow me all. I'm new here
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OMG
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Excelente. Saludos
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yes i think it will replace bitcoin soon
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@jerrybanfield, I just love your postings & videos, inspiring and insightful. You are one of the best I have seen on Steemit and I never fail to click on all your postings. Thank you so much for all those valuable infos and heads up! I hope you see this message and give me a high five! Lols.
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25 Reasons Steem wow
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Thanks for this post.
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Thanks for this post.
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A unique and daring. Everybody has the right to express their views, And now I have invested $ 2000 in coin steem, hopefully what you expect will come true.
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USING BOTS TO promote?he is misusing the system
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Thank you, very interesting and most importantly useful article!
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Brother Help me to level up !!
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I was a bit mistaken,while penetration rates in 8550 price will fly to 8900-9000
not thank!)
Thank you for your attention, your Monovar (smile)
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Yes! Very good explanations. Everyone is bearing witness that other social media platforms are loosing their reputation because they have become puppets of the government's policy. When they banned cryptocurrency related ads from their platforms everyone understood it. Of course it is a long process because blockchain still is a baby. There will be a great battle when the baby grow up between both blockchain based and non-blockchain platforms.
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Your general intentions are noble and agreeable but frankly his explanations are deception.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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Great post
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The fact that you spent so much to promote this to the top of trending and it has over $2k in rewards is absolutely disgusting. You and all of those bot owners who contributed to this should be ashamed.
You're making Steemit look like a scam while trying to promote yourself and make yourself feel important.
It's fucking pathetic, Jerry. Some day the community here is going to wake up, I hope that happanders (-16) · 3 days ago
The fact that you spent so much to promote this to the top of trending and it has over $2k in rewards is absolutely disgusting. You and all of those bot owners who contributed to this should be ashamed.
You're making Steemit look like a scam while trying to promote yourself and make yourself feel important.
It's fucking pathetic, Jerry. Some day the community here is going to wake up, I hope that happens before you do more damage.ens before you do more damage.
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It is and was designed to be a scam. He’s just helping to illuminate the fact.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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I am agree with you
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No coin will overtake him✅ Bitcoin will remain the king of the crypto🔛indeed steem have potential to grow like BTC
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Good
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While I have worked really hard for four months to promote steem, and also invested myself here. While I have even helped that a reputable ICO invests into Steemit by buying steems to have a higher upvote power to thank those commenting on their official Steemit account, I see this auto-promoted post gets 1/4 of what I did in four months just with one post.
This is the time I wonder how long are we going to survive in Steemit as it is.
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Steemit has a truly revolutionary community behind it and I can say that over myself as I am an anarcho capitalist! THERE IS FREE SPEECH ON HERE BUT WE CAN ALSO MULTIPLY PROFITS IN THE LONG TERM, THIS IS A GREAT AID TO HUMANITY AND THE ALTERNATIVE MEDIA, ALSO A GREAT INVESTMENT! :D
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Your enthusiasm exemplifies that we all want decentralized, equitable solutions for social networking. But unfortunately Steem is a deception.
I have written a point-by-point rebuttal of @jerrybanfield’s incorrect propaganda campaign.
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I will take a leave to read/listen your prolonged post about steemit. haha! Anyway your endeavoring is appreciated.
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I only see someone who knows how to use resources and practice. Thank you
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Steem lo que necesita es mas publicaciones como las tuyas jajaja increible amigo!
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GO GO STEEM 100$
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Of a truth steemit Will over take bitcoin and be on The leading train
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@jerrybanfield, this is the best. Live-Video tutorial looking for steam and the best I found here and see the potential coins that I follow
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I newly signed up for steemit and this is the first article passed through my eyes. I am going to throw my first comment on this great analysis.
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Excellent post
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When you copy/paste or repeatedly type the same comments you could be mistaken for a bot.
Tips to avoid being flagged
Thank You! ⚜
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good
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excellent report
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excellent report
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It could possibly. But just think back to the whole VHS vs Beta tape battle? Which one was successful despite the better features.
All depends on the sheeple!
@alhoppo
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This post helped me to boost my confidence on # Steem....
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really imposibe that since 2014 btc born never beat of any coin. and btc is center of powerfull crypto
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i am counting on it. I will be holding more .
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Well I tell you Steemit will be the sensation within very little, and you say very certain things now well that says @berniesanders say that you are a scammer I do not think so, because you are only giving your point of view and how Steemit is going to revolutionize the cryptocurrency market no matter how it is, buying votes or not in my opinion Steemit is the best and the best community I've ever met, so let's keep growing and bringing out the best in us. So as @jerrybanfield says here the best thing is not that you pay a sponsor yourself is a sponsor in this case I take this opportunity to invite them to my account and enjoy my interpretations, here only or you have to see how to get to know and know what you do. I liked the post so Reesteemit because yes. Greetings here my link jajajaja free promotion hahahaha https://steemit.com/openmic/@kkarenmp/2iym9oh3
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Yeah it can !!!!
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Good
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so amazing
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so amazing
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Interesting Job about "Replace Bitcoin as Cryptocurrency". I want invests on crap into.
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Steem really is a phenomena.
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insane money!!! @jerrybanfield how did you do this.
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This post has been shown by @wishmir to 900+ followers. Please check the @wishmir page
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OMG ,,,,,u earned $2000 by this post....it's really unbeliveable
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@djimirji up!
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OMG.... this is the second trending post i have seen for a long time on steemit... @jerrybanfield cant wait for the payout time...lol
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This is tremendously power! I buy into it
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Clearly Not much of Economics has gone into this Post. This is simply not true. While its true that Steem has a lot of potential. It wont replace bitcoin ,,,not because i am some how attached to bitcoin...but simply because the numbers don't add up ! This is just an effort to mislead at worst and an effort to make people feel good about themselves at best !!
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typical bait, tell people what they want to listen and get upvotes
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will the money change like the exchange of the madden?
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What should Steemit ever replace Bitcoin? Crypto is a new filed where many businesses and coins will fulfil a purpose and be valued by it. Steemit fulfils a completely different purpose (social network) than Bitcoin (storage of value / with Lightning: Money).
It will never replace Bitcoin but live happily together with it.
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Steemit is really a great platform,it's not perfect ...don't get me wrong .But i think Steemit have a bright future.But i am not convinced that it will replace Bitcoin to be honest.
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Another botfest post dominating the trending feed. Jerry we all know you drank the koolaid long ago.
If Steem is to become a winning blockchain something needs to be done about the promotion system and reward pool abuse. I've been on Steem 2 months and I'm already battling myself to be bothered posting. Steem may as well be used as your private diary posted in plain view!
The idea behind Steem is good but the current situation is not. The witness pool seems dominated by whales who wish to maintain the broken system. Jerry is spruiking SMT which will just make the whole system even more pointless and filled with noise.
Jerry's point 10 didn't quite work out for Myspace when Facebook came along now did it? Myspace had ~75 million users at its peak so Steem's 100 million is not enough if a fairer competitor comes along.
Make the most of your time in the sun Steem as EOS is coming. I expect we will see a Steem killer on EOS soon enough. Until then I'll hang around here and warm myself by the fire and wait for the house to burn down :D
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Yes i agree with you 👍👍👍👍👍
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great ,,,,,,,
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bitcoin is bitcoin.....
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Good post..
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yes in all 25 Reasons Steem Will Replace Bitcoin as #1 Cryptocurrency by 2021.thanks for this focus.
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Keep this friend, I love your post, I consider that its content is very nutritious ...
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wow, it's definitely the most beautiful post we've ever read on Steemit!
congratulations bro :-)
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Luar biasa postingan anda
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Great Post! I can definitively see it surpassing bitcoin but do you think it will pass EOS??
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Date Votes Paid bot votes % bot votes
2018-04-20 781,570 11,282 1.44%
2018-04-19 804,028 11,045 1.37%
2018-04-18 772,830 11,666 1.51%
2018-04-17 770,055 11,777 1.53%
2018-04-16 770,495 11,334 1.47%
2018-04-15 772,927 10,244 1.33%
This is @penguinpablo daily statistic...take as you want...
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In order for steem to overtake bitcoin its going to take a ton more effort then what is currently being invested into it
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its really good job
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thank you for information. i can't guess about coins but im sure that one day we will not touch and feel money as everything will be paid by coins
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how is it possible ? @jerrybanfield
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sir your youtube channel any time follow .......
#Thank_you sir make awesome videos
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this guy is a complete shill, please stop bringing down steem with your nonsense
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https://steemit.com/christian-trail/@jpolanco/the-five-purposes-of-the-second-coming-of-christ
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fake news
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Hi, how are you? Excellent Post, Thanks for the contribution. God bless you
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This is something really amazing ❣️❣️❣️
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Hey @ jerrybanfield, great post! I enjoyed your content. Keep up the good work! It's always nice to see good content here on Steemit! Cheers :)
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Remember that it is the market that tells us what is currency and what is not. And the market has spoken. Bitcoins have value because the market says they have value.
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No money - no one sees your content on this platform. My last unseen post here. Good idea but worse to me than mainstream platforms.
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I had an idea to come here and let everyone know about the other platforms and what google and facebok are doing but i got blown apart by this review.Yes Steemit Will be #1 I Think In 2020, the last quarter i should think and overtake bitcoin easily for the top spot.
Good Post And Kudos To You Buddy
Keep It Coming
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Steem must go to the moon I believe it
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Love trading? iCoinCourse is the best software for traders!

Receive notifications when course grow up or grow down.
Download there: https://icoincourse.com/
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Steemit seems to be a very closed group and very difficult to make income even the articles are good. The members who are making money know and vote between themselves.
But the solution if interested to make money is to join
Auto-Trading ROBOT for beginners and Pros on complete Auto Pilot.
Don’t MISS this unique OPPORTUNITY
http://robotnow.zukul.info/
Why not?
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I love your post
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@jerrybanfield I watched your whole video and another one and loved every minute of it. It is not what you way rather than the cold hard facts that you present that validates what you say.
I presented your video link on some crypto groups on facebook and all I get are haters that I disagree with. They even like to dig up facts from your past to discredit you.
I am no expert on crypto currency but I I am spending a lot of time learning which is a personal responsibility while I invest in the future of money. And I read a lot then write about it in my steemit blog.
Forgive my ignorance, but why are so many so called experts so against facts? Are they just misguided or are they protecting their egos from something they supported for so long.
I'd love to hear from you. I have been a long time fan of your work.
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Like,,, thank you
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Great job, Jerry. Your arguments are compelling and well researched.
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Nice article jerrybanfield
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I just posted my first article on steemit and my first comments and votes were from bots requesting upvotes back, now I do not condone bots and the milking of a system for it's monetary value but if that system allows that to happen it will be exploited.
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i been watching your videos since I was a noob on Ark. :)
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Awesome article, keep doing your amazing content
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great video :-) ... please give my videos an upvote as well ... thanks
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give me upvote please
dajcie upvote prosze
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although it seems to be unbelievable that steem would replace bitcoin. but for sure anything can happen in this cryptoworld.
thanks for the info.
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@jerrybanfield
10 Years Futute Projection!! Steem is Equivalent to BTC ?? What you think Guys
Reason According to me:
1. Ranking of Steemit is Growing Rapidly.
2. It is One Of the Best Social Marketing Influence r.
3.Now a Days Steemit Awards 1.3 M SBD According to Google.
4. Steem Bots really Help Them to Purify All the Contains and Filter them.
5.Social Media Money
Yes in future one of the best Way to Get Crypto Via Social Media Platform.

So it will be the Future of Cryptocurrency, that will Crash BTC and other Coin.
Images form www.google.com
Thanks You @hot.topics.
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Man there are some serious haters out there :-D!
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Important publications thanks
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But what’s pitiful are those who don’t like it and have a lot of sp to flag those who express their different opinion ( who liked it) .
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Great article and very informative, thanks for sharing. I've smashed the upvote button for you!
If you are looking to get hold of some crypto without investing or mining, look into https://www.crowdholding.com. They are a co-creation platform were you get rewarded for giving feedback to crypto startups on the platform. You can earn Crowdholding's token as well as DeepOnion, ITT, Smartcash and many other ERC-20 tokens.
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Hello, are you looking to earn extra cash? i recommend Clixsense. Free to sign up by clicking below link.
http://www.clixsense.com/?8172285
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Well spoken mate!!!!!!!!!!!!!!!!!!!!!!! You literally took the words right out of my mouth. Steemit is really a game changer and can possibly outpace Bitcoin in the coming years. Hoping to see more captivating posts like these. Cheers.!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Well spoken mate!!!!!!!!!!!!!!!!!!!!!!! You literally took the words right out of my mouth. Steemit is really a game changer and can possibly outpace Bitcoin in the coming years. Hoping to see more captivating posts like these. Cheers.!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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I have thought about Steem. Steem can't be the number 1 cryptocurrency. Invest in Steem is a bad idea.
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