I sometimes read wallets instead of posts and comments. Some recent finds are interesting to say the least. Why would anyone continually transfer their Steem to an anonymous account while keeping their SP at a measly 180SP? Sometimes I find interesting characters on this platform only to find out they are a front for some huge entity who tries to motivate people to do one thing or another.
Power up! they say, while doing something else for themselves. This smacks of manipulation and deception. Some new users got flagged on their very first post, only to be saved by a whale. This is probably a planned action to build notoriety and followers fast. Either way, I smell a Rat.
$750/month is a paltry salary for a good dev. but with the current state of the Argentinian economy might go a long way to make ends meet. Still, I agree that amount is abusively low by any standard.
I'm still looking for people that can be trusted on this platform, but haven't been successful, those I consider trustworthy are few and have a habit to only be present sporadically. This means that at some point my account will go silent and speak exclusively through up or down votes..
Some see this write up as spreading FUD, I see it as writing about my personal experiences on Steemit, .. which often suck the chrome off my trailer hitch. Will I get flagged again? Maybe, but I've been at a point that I don't really care anymore. Maybe our time is better spent finding the next platform, but there is no guarantee a new platform will not include the same gangsters that are running/ruining this one.
Hehe, checking their wallets is fun, I just checked ranchorelaxo's wallet. And I'm amazed how spineless people can be.
Do you know anything about lafona user? The guy generated pretty nice amount of STEEM. He has several accounts lafona, lafona-miner, lafona-delegate...
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No, don't know anything about lafona, but keep in mind that many of those accounts are part of bid bots. I only try to find accounts that are moving large amounts into exchanges because it gives some insight into how some entities are leaving the platform even if their main account shows no activity to indicate that.
Which accounts do I find interesting? The ones that do transfers of 5 to 10 thousand Steem 2 or 3 times a day, every day.
I also read flauwy's latest post and the most interesting bit came from the section "Entering The Crypto Winter" where he contradicts the post's final conclusion. I've seen this often; when things go wrong, people have a tendency to move their timeline telling themselves that next year will better. He could be right, but I find his insider information much more interesting.
You can read his post here: https://steemit.com/steem/@flauwy/steem-and-the-crypto-winter-i-am-not-going-anywhere
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I read the post. Thanks. It's obvious that Steem is in decline. Even ned ninja mined and cached out. Now he is silent for a month.
Looks like inertia also had some beef with haejin, proving my previous statement about how he perceives devs https://busy.org/@inertia/re-aneilpatel-aneilpatel-re-whatsup-re-haejin-re-aneilpatel-response-to-haejin-from-aneilpatel-and-the-swapsteem-team-xbtxcgtu-20190106t212509983z
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Wasn't cheetah a flagging whale also? Now it's only a minnow. It transfers regularly to anyx which is a defunct project. anyx transfers large amounts to bittrex which is I presume an exchange. I think this behavior also affects the STEEM price. Obviously there is lots of big players dumping STEEM. Like the day when lights will go off is approaching very fast.
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I think the pussycat is owned by patrice. I don't remember cheetah ever flagging, it usually up votes no value and leaves a mssg with a link to original content. Usually cheetah works pretty well, but sometimes the pussycat fails spectacularly; linking to a removed YT video on a post with no video for example.
Yes, bittrex is an exchange as are bitfinex and binance. Much Steem is being transferred to exchanges, but there also is a lot of Steem already stored there. This is where we lose sight of what happens; the Steem can be sold for fiat, or converted to another coin, we simply don't know what, who or when exactly. I wonder if there is a site that can tell us how much Steem is vested versus how much is stored on the exchanges.
According to some, the exchanges is where the market manipulation happens; there is no way to verify if they actually have the Coins they claim they have. If they go by banking rules, they only need 10% in possession to trade 100% so these trades exist in the books only. An argument for such a system is day traders having the ability to react faster; a Bitcion transaction can take the better part of an hour to complete, and in that time the price could have changed. My argument against such a system is that it puts potential price manipulation back into the hands of a 3rd party.
Seems idiotic to me that we can't buy Steem direct, but have to buy BTC first. Why not keep the BTC and skip the extra conversion fee to get Steem? For an investor/speculator the conversion both to and from BTC would be an impediment to owning Steem as it's relatively expensive compared to BTC.
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