— SteemCN

oldtimer (75) · 5 years ago

People will not dump steem.

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3 votes

ew-and-patterns (70) · 5 years ago

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creativeblue (61) · 5 years ago

Hi there

I've been reading through many comments related to new hive chain and I've seen your comment too. Many users are being torn, however majority seem to be moving to new hive.

Are you fully moving there or will you stay on both chains? Just curious. I'm trying to figure out what to do myself.

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carsonroscoe (61) · 5 years ago

Until STEEM proves to be unprofitable, I will be posting to both chains, because it is in my personal best interest to maximize my payout by doing so.

However, (as you can see by checking my STEEM vs HIVE accounts), I've sold 80% of my STEEM and traded it for ETH and HIVE. My HIVE is being powered up, while STEEM powered down. I don't intend on selling any more of my STEEM, I just want to keep 20% of my stake on the off chance Tron pumps it to the moon.

I will be posting to both, and 80% of my STEEM payouts will be converted to HIVE and ETH, while 20% of my HIVE payouts will be converted to ETH and the rest powered up. I'll be powering up HIVE because I have genuinely faith that 3 months from now, I'll be happy to keep the HIVE. I'm keeping the STEEM liquid because I want to be able to pivot on a dime. I see it was extremely unstable.

Most of my genuine curation will be on HIVE as well. My upvotes are worth $0.03 to $0.08, and I am putting effort into curating good content on HIVE. On Steemit, I won't be putting effort into curating, but I will be upvoting comments I agree with with my $0.01 when I see them.

Overall, I know HIVE will thrive, the question is whether STEEM dies, or whether it becomes a Tron social media platform. In both cases, having HIVE is a good call. In the second case, having STEEM is worth keeping, even if I myself have no interest in Tron and have personally avoided using it.

Just my $0.02 ;)

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4 votes

ew-and-patterns (70) · 5 years ago (edited)

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thefirstwave (0) · 5 years ago

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ew-and-patterns (70) · 5 years ago

Because I am really enjoying it :-)
Squeezing out as much STEEM as possible to sell it for HIVE and watching the dictator fail with the subsequent epic shitstorm on twitter... driven by the guys like you that believed his BS... will be epic.

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thefirstwave (0) · 5 years ago

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ew-and-patterns (70) · 5 years ago (edited)

:D says the guy with ZERO Steem and ZERO reputation, why do you even care?
Please don't answer that.

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Show 1 more reply

creativeblue (61) · 5 years ago

Big Thx for your reply. I think i will stick around on both chains for time being.

I also figured that you may find this post interesting and worth your time:
https://steemit.com/hive-175254/@project.hope/project-hope-curation-trail-on-both-chains-steem-and-new-hive

It's post published by good friend of mine and I'm helping him to promote their curation trail.

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y-o-u-t-h-m-e (71) · 5 years ago

Dump?
Sweet.
Cheaper is better for long term investors.
Thus I can't wait for the bargain sale. :)

Btw,
What is your expectation with the price of Steem in 5weeks?

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carsonroscoe (61) · 5 years ago

Unless Justin or Tron choose to pump Steem and genuinely turn it into a Tron social media platform, I foresee STEEM staying below 3k satoshi while HIVE rallies to 5k+.

The only thing keeping STEEM afloat at this time is that most of the STEEM is powered up from both sides mass-purchasing over the last few weeks to keep their witnesses in the top 20. We know most of the funds from the original Steemit witnesses and backers are powering down, which would translate to flooding to HIVE. If you look at the STEEM code base's commit history, you'll see that over 90% of the commits over the last year are by developers & witnesses who have switched to HIVE or abandoned both platforms. From a long term perspective, the obvious choice is HIVE, since that's where the development is going. We'll need to see Justin & co. up Steemit Incs. development efforts by at least 10x what Steemit Inc. did historically to make up for the loss of witness development.

To counteract that, Justin is trying to get Tron users to switch to this platform to keep it from dying. That does not mean the project is dead, but it does mean its on life support.

It'll be a wild next few weeks, that's for sure.

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4 votes

oldtimer (75) · 4 years ago (edited)

You didn't come back after five weeks.
Are you still busy laughing?

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mracalf (51) · 5 years ago

What are you doing here?
Don't have your own blockchain to use now?
lol
Can't wait to see if every one of you folks will dump steem as promised.
Following game theory is in the best interest of most people use both chains now.
Watching transactions and users, so far HIVE only has 1/3 of txs and users steem has currently.
So far people do not migrate to hive yet...How long does it take? After the dump? lol
game is not over, just started

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stackin (78) · 5 years ago

Bro, u don’t even own 1 steem 😂😂🙌🏼

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7 votes

joshman (70) · 5 years ago

I'm crying right now! LMAO

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2 votes

thefirstwave (0) · 5 years ago

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mracalf (51) · 5 years ago

@stackin Haha ok, you got me(?), I don't own 1 steem. But...
I'm still waiting for the massive steem dump of ppl moving to Hive...Oh wait, steem went up past 8 days...OH wait, I think blocktrades and others don't even own 1 steem too 😂😂..who's dumping now? You? with your monster 7k stake? Good luck, but if I was you I would keep those steem (moon soon)...just saying

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mracalf (51) · 5 years ago

😂😂
still waiting

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joythewanderer (78) · 5 years ago

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