The only thing which today is keeping price from falling is Steem Power locking mechanism. But in 7 days, first portion will be released, and then 12 another weeks after that..

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2 votes

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jacobts (65) · 8 years ago

Thanks. Appreciate it.

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wingz (65) · 8 years ago

zoom that out a little longer than the 1 hour charts...

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1 vote

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jacobts (65) · 8 years ago

Thank you.

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bnoise (54) · 8 years ago

I don't know or care why, I'm not trader nor whale, but it's crashing.

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jacobts (65) · 8 years ago

Cheap STEEM? Good deal.

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2 votes

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rose98734 (64) · 8 years ago

Is it really a good deal? With the downvoting going on, whales won't be able to earn from curating, so why should an investor buy if some spiteful person is going to downvote his curation awards away?

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6 votes

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bnoise (54) · 8 years ago

Whales can still earn and speculate: buy low and sell high as @jacobts say.

If earning from curating is no more feasible I think it's good for Steemit as a social blogging platform.

Curation (before experiment) makes bots and whale earning, but it destroys the meaning of upvoting. IMO upvote should mean "I red and I like it", not "I automatically vote based on patterns / rules" or "I think more people and bots will vote this". This way of curating kills the social side of Steem(it).

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2 votes

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jacobts (65) · 8 years ago

Good point. It is . Respect. Pero mi opinion is one of balance. I am not looking at this strictly as an investor, a speculator, or more importantly as a customer. I agree right now things are not perfect, it is the wild wild west of a one a year old baby start up. THIS is the most exciting time to get in. Investing 101 is buy low sell high, so now it is low. A new user doesn't want to get in on Facebook when it is the norm, no, they wan the edgy uncertain Snapchat. And a speculator does not choose the steady Amazon Stock rocket to scalp, but looks for volatility. It is the uncertainty below these waters that makes this ocean of opportunity appealing. If one wants peace of mind, yes, there are safer yards. But if one is looking for raw potential then Steem offers many a rewarded outlet of expression. Even with "flags" (which i believe will die out as a feature) one is still rewarded more than a tweet or a facebook post or a snapchat. Tis just my $.02. Dan participated in this creation, for that I am thankful. Now if we can just get our friend's phone numbers approved, then little by little there will be more users. Then little by little the investors will see what comes of this potential. WE, you and me and all those with accounts, have an opportunity to work a little better together. WE can communicate with @Ned and the gang a little better. WE will see what happens next. Stay in touch Rose! Be well.

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2 votes

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ash (73) · 8 years ago

what a gifted statement.

#shitbagholderssay

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jacobts (65) · 8 years ago

i forgive you ash. for misunderstanding a conversation that didn't include you, and because I've witnessed your potential for kindness and sharing your appreciation for other crypto cousins. be well.

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klye (73) · 8 years ago

You are both naive and seemingly unaware of reality.

Backing timcliff up on this one. Have a flag for acting like a mongoloid and adding to the problem rather than expressing your concerns like an adult.

It's not in any way ned's fault Steem price is the way it is. Educate yourself.

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sigmajin (65) · 8 years ago (edited)

It's not in any way ned's fault Steem price is the way it is. Educate yourself.

I agree that its not productive to call anyone useless. But 'not in any ned's fault' is absurd. He's at the helm of INC, and good bad or in between, ultimate responsibility is with him for INCs decisions. And INC's decisions have played a large role in the price of steem.

Im sure if steem was on the rise you would be giving him at least partial credit. It seems to me that if thats the case, it only makes sense to assign some responsibility to him when things arent going well.

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klye (73) · 8 years ago

I always felt Ned was more of a figure head like the queen of england and most of the executive or technical decisions would have been coming from the guys actually coding the damn thing.. I may be wrong though. Often am.

I guess it may come off as me downplaying his role in all of this.. I very well may be. But my train of thought on the matter is the price is more likely caused by people powering down and exiting the network rather than Ned pulling strings and dumping prices.

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sigmajin (65) · 8 years ago

also lol mongoloid

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klye (73) · 8 years ago

I can be a charmer at times.. ;)

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