Hello everyone Steemers!)
Today I want to publish an article that was preparing for a long time. For this article, it took me a few days to gather material from various sources. And to communicate with different people.
I want to be wrong.
These are just my thoughts, and maybe I'm in something wrong. I want to be wrong, because I believe in Steemit project and in favor of which it brings to people.
Steemit - what is it? This is perhaps one of the most brilliant ideas of the last ten years, which can completely change the existing order in the world of social media and the financial world. We all know the benefits of STEEMIT and all know what a huge opportunity it provides to us. But from what all started? And is it possible that the incentive is just another pyramid scheme. Another bubble, which, as we know, can not swell endlessly.
From where these thoughts came?
From where these thoughts came? It all started with, what I thought about, from where an initial capital appears, which is then divided as rewards between the active members of the project Steemit. Let's start from the beginning ...
Startitng:
Steemit - a young company, was founded in early 2016 with Ned Scott and Daniel Larimer. Ned Scott previously worked in Gellert Global Group, a family company, which owns a lot of food companies in North America.
Daniel is the founder of Larimer Bitshares, where tokens are the eleventh-largest market capitalization among all cryptocurrency.
Steemit controlled by blokcheyn technology and uses its own cryptocurrency for user fees for downloaded articles, images, comments and etcetera. Other payment methods include search and vote for popular content. As sooner the people will vote for the publication, which is becoming popular, the higher amount of remuneration.
Rewards are paid half in «Steem Power» (transitional currency), and half in Steem Dollars, which can be exchanged for US dollars.
The concept is not new
The concept of revenue sharing advertising between users is not new. Even in 2014 sites Bubblews BonzoMe and proposed the idea to pay a fee for users to create content. These sites are used for transfer of payments Paypal. Bubblews closed in November 2015.
Leading Argentine social network Taringa lists its users tip Bitcoins for posting and distribution of content. There are bonuses for cryptocurrency posts and on some forums.
For what it's all done? Mainly to promote the coin Steeim in society. Thousands of people in the pursuit of profit, promote the incentive tremendous pace.)
But! Now the most important thing!
Ecosystem Steem? Once you sit here then probably all of you already know what Steem and Steemit, if not then Steem - it cryptocurrency and Steemit - a decentralized social network. The system Steem was launched in March 2016, and gay Steeimt was launched in May 2016. And in the first week Steemit inc produced 80% of the available worldwide steem coins:
and only the remaining 20% is now liquid, that is distributed on the open market and are available for all. So, why the creators Steemit immediately moneyed 80% cryptocurrency for yourself, it does not seem strange to you?
After all the talks about the fact that cryptocurrency promises to give us all the freedom in the future. It promises that we get away from that of the financial system that is now observed in the world. After all this, to freeze 80 per cent of the new currency in the hands ??? Is it really free ???
Just when any cryptocurrency fiat currency or concentrated in the hands of the holder of a power of control over the currency and the market as a whole. For example, only 20% cryptocurrency Steem distributed among all the owners of the currency, now people have started to invest in this cryptocurrency and its price grow up to $ 15 (at the time of writing, the course of the steem history = $ 2.21:
in early April it was =$0.75):
after the then owner of Steemit inc 80% cryptocurrency may one moment to pour out on the market is. What do you think will happen? At the same time the Steem market can crash! The creators will go with a big profit and ordinary people like you and I who have been hoping to Steem and invested their money will remain with nothing. Why do we stay with nothing? Because it is logical that as soon as 80 percent will spill over to the free market the incentive rate will fall very low. What we ordinary participants and investors to trims ensure the safety of such a possible future? This is similar to a pyramid? It's like a soap bubble? It's like the biggest scam of the ten years???
I do not want to scare you about this, maybe I'm wrong, but still wanted to tell you to be careful and followed the events. A Steemit I wanted to say that many people really rely on you, and I hope that Steemit team will not disappoint them. I also would like some thoughts on what whales to say, but I will leave it to the next article .... Keep an eye on my blog.
See you, my dear!))
I'm new. Therefore, I want to hear any tips)
I'm new. Therefore, I will be glad to any acquaintance)
Write me)))
P.S. No matter you think that STEEM is a project which has a bright future, or do you think that STEEM ten years scam, share your opinion in the comments. Do not ignore! I want to know the opinion of all of you, because it is important for me.
I've flagged this post because you are spamming out links this post all over the place. Please don't do that.
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Actually, you have it backwards. I don't flag posts because I don't like them. I flag spam. If you are going to spam, then you'll earn flags.
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So you flag one of my posts out of spite. That won't go well.
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I also hope that you are wrong)))
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me 3
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Steemit only source of revenue now is from users buying steempower. Steempower takes 2 years to withdraw and doubles its strength every year. If Steem has 1million users, image the profits when the price goes up. Good investment i say.
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Liked the read, and Up Voted. I think all concerns are reasonable to keep in mind. So Steemit owns over 50% of Steem... if Steemit fails than I think what we will first see is a stop of all new entries into the Steemit network(without payment); then a drastic drop in the value of Steem Power, as the Steemit Corp sells off the steem power to make the money to keep themselves operational; but, the outcome being a perpetual cycle of self destruction on the part of Steemit. In the long run I do not think the users of Steem will be hurt too badly if they stay smart in this occurrence, they will simply shift to a new platform that uses Steem. This is why I advocate the creation of a new platform now because I don't think people should be waiting for Steemit to collapse.
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Upvoted because I'd really like to read responses from the dev team. Maybe it's simply inaccurate-- if so, let's put these rumors to bed. If it's not inaccurate, maybe there's a great reason for what happened.
Either way, I'm curious to know what the story is.
Oh, and ya know, there's another thing-- didn't upvote to say that the founders "don't deserve" their profits. Starting a business is insanely hard. Essentially, I just want to know the score.
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It's not a scam but that is not a guarantee of success and it won't stop people calling it a scam.
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No one new about Facebook in the beginning. We won't know about STEEMIT for a while. As long as membership increases like Facebook, the rest is history.
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Congratulations @rggreen! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
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Congratulations @rggreen! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Happy Birthday - 1 Year on Steemit
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
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STOP
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I'm not absolutely sure how this works, so a good answer would be nice.
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crazy
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80% of STEEM that was premined was converted to vests. Vests have to be powered down and paid out in equal payments over 104 weeks. The only way to dump the 80% on the market is if they powered down over two years, and then dumped it. If this were to happen we would have two years notice before it happened.
Steemit is growing, in the future it will have expenses, bounties, etc to pay out. As such it isn't uncommon to have a general fund with premined coins. What is unique is that for Steemit, these coins are not immediately liquid.
The 6 founders split 53,000 STEEM which was awarded as vests. Once again this isn't immediately liquid.
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Good job!!
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Nice article!
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