Question: What Would Happen if STEEM Crashed and Nobody Bought Steem Power?
How would Steemit staff get paid?
How would authors get paid?
Would the money dry up and the payroll well run dry?
Would panic selling start? It was $2.09 last week and down 40% already....
Has anyone thought about this as I see these Steem Power Police attacking so many new users on this site?
Just how many Bitcoins has the Steemit Founders hold in their account from selling Steemit currency....
Answers??
You beeing a CEO for 30 years @michaelpinson know the answers to this questions very well.
Can you please show us: "Police attacking so many new users on this site?"
"Just how many Bitcoins has the Steemit Founders hold in their account from selling Steemit currency...."
You should ask the founders about that. It is very well known who they are.
I can not see that members of Steemit should try to answer that.
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I have already shown Steem Power abuse ...I will no longer debate that with you....and yes, would it not be nice for the Steemit founders to be transparent of these monies and Bitcoins since they are selling their currency for Bitcoins? "Transparency" is good...would you not agree????
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Where have you shown Steem Power abuse @michaelpinson ?
I am very interested in that to see if I can upvote the victim or help them in any way.
Have a nice day!
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also....your reply has nothing to do with the post above...move on....unless you just do not know how to stop stalking people....have a good night...
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done that this afternoon....not going through all that over again....you were involved in it....so move on....
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Hi @michaelpinson
I can not see any names or how I can reach out to them for help in your posts, that is why I am asking.
I truly want to be of help.
So I would be so thankful if you could be of any help and put the links here. That way I can reach out to them.
Thanks very much.
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The answers to all those questions are
YOU'RE A CUNT.
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Hmm. Good questions.
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I am suspecting that the real model here is to sell Steem Power, who are paid 15% of the spread of new STEEM sales, and they have the power of God to vote 100X over one person if the bigger guys want to...thus misleading the public how much is truly earned from say 50 people voting...so what happens if the music stops? what happens if say half of those those Steem Power investors decide to sell out at the same time? and all buying dries up? Hummmm......You should watch the movie MARGIN CALL on netflicts.....this sorta of reminds me that the music is about to stop in all cyber currencies...
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I am seeing many people who own Steem Power freaking out today off the scale with name calling, bullying and down voting...they are going NUTS when people ask these questions...this leads me to believe there are a lot of huge red flags with this model....and this sell of in all cyber currencies could be the start of a huge crash and these guys cannot sell their Steem Power because Steemit forces them to be paid over 13 weeks versus today...so i suspect there are a lot of people who are getting heated up fast in here...
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If nobody bought steem, it wouldn't be worth anything
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So if new Steem Buyers did not come in, as you saying it would fall to zero or less than 5 cents???
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The same thing could be said about BTC, LTC or any other cryptocurrency. In fact the same logic can be applied to the US dollar or any commodity or service. If no one buys any product or service the price goes to zero.
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It's the same as anything else. If nobody wanted it, it wouldn't be worth anything. But it is worth something... Because people want it. And for good reason.
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