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baronofbitcoin (50) in steemit • 8 years ago (edited)

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8 years ago by baronofbitcoin (50)

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demotruk (69) · 8 years ago

Steem Power is illiquid by design. The whole point is to ensure that holders (and thus voters) are invested in the long term (looking at least a year into the future) so that they are incentivized to behave in the long term benefit of the ecosystem.

$1.36

2 votes

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baronofbitcoin (50) · 8 years ago

Then why does blocktrades sell user accounts loaded with SP?

$0.00

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demotruk (69) · 8 years ago

The loading probably happens at time of sale. You can turn Steem instantly into SP, but not the other way around.

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cool (56) · 8 years ago

Defeats the purpose.
If we could move it around, we could sell it.

$1.28

2 votes

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baronofbitcoin (50) · 8 years ago

Blocktrades already is selling SP by selling user accounts with SP.

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demotruk (69) · 8 years ago

And can they do that without the risk that the original owner still has a private key or password with which to transact?

It can always be traded custodially. But that means trust is involved.

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trogdor (64) · 8 years ago

I know that Dan has already said that escrow services are in the works. Not necessarily for this specific type of transaction, but presumably that would be possible as well.

$0.76

3 votes

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arash (43) · 8 years ago

Definitely agreed

$0.23

3 votes

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acidyo (80) · 8 years ago

Really? After reading it within 30 seconds you agree? GTFO.

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1 vote

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baronofbitcoin (50) · 8 years ago

It's possible he is a bot.

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arash (43) · 8 years ago

GFYS, I said what i think was right and its non of anybody business.

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luxiano-valdez (34) · 8 years ago

I guess they want us in for the long hold.

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1 vote

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will-zewe (61) · 8 years ago (edited)

Well if we were able to transfer SP from accounts that would make mining a lot easier for pools, which was never intended. I'm curious (since I haven't done it yet) can we power down only a certain amount of SP? Let's say I have 100,000$ in here one day and I wanna make the next two years easier, can I power down half of that and keep the other half in there as SP?

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