If you're interested in Steemit's recent power down activity, consider this and let me know what you think...
Steemit powers down a ton of Steem across several accounts on the defensive and sends it to at least one exchange for safe keeping. Duh.
With virtually no good news, and with plenty of turmoil to scare even the ballsiest investors off, the price of Steem jumps substantially with some random booming buy volume over the last few days.
Aside from Steemit Inc. magically getting a much higher selling price out of the blue, what if they're selling their stake to a prearranged buyer as scaled exit strategy?
This is a little deeper than them hypothetically manipulating the normally low volume market. Something doesn't smell right, especially with Ned's silence for a month before this move, as if there was an NDA or legal reason to be away from Steemit.
The volume is simply too fishy based on the average we've become accustomed to in recent months, and we know damn well there's a deficit of reasons to justify the market responding with such a rush to buy Steem.
I was honestly gearing up to buy Steem for virtually the first time ever, but this price hike and suspicious market activity amongst all of this fork talk has me thinking this will be me speaking at the wrong Steemfest next year. I feel the need to wait it out, and certainly not FOMO buy.
...Perhaps this has been discussed at length already or it's complete nonsense. I'm just looking to spark some opinions and dialogue from those I know who check out my posts.
Yeah it's plain and simple insider trading. The bastards should be locked up. It used to be transparent where all the money was flowing (ghost accounts and such)but now it's all been hidden.
I had my suspicions that something like this was being planned when I tried to follow the money trail a few months ago & found I no longer could. They've been pulling bucket loads of steem out of this place for a very long time. Now they are moving into a well planned cash grab. Greedy cunts.
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Looks like a bull trap to me.
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I agree. To act on that versus holding indifferently as I normally would, I sent my handful of liquid Steem to an exchange to swap out for a bit more of another token as a good exercise.
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Fucked if I know. I've got fingers in ears going lalalala
..
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This is such a perfect answer! lalalala hahah
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I thought so.... ;p
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Secret Steem Committee Chat Dumps (rehosted):
https://mega.nz/#!lldHVKBJ!OCTGSltvSKvLMBTPdXbKFJMfMAVyhh6kHZ_SHnG0FsM
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Very interesting. I wish I had access to this unfair inner circle to see if things are done ethically, or simply just know the inner workings to have more or less confidence in all of the time I've invested on this platform being worth anything in the long run. Bravo.
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The best thing for us would be to have a 'Slack on Steem' - and we'd all have automatic access through our Steem accounts. We'd have clarity on identity as well. Rooms could still be invite only for writing purposes (clutter in discussions prevented), but everyone should be able to read.
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There's no unfair inner circle. One of the reasons its a smaller group because slack use is charged per person. It's actually very expensive. If you look at the list of people there you'll see there are both whales and minnows, top and low-ranking witnesses, developers and project creators. It's not some group where you have to slaughter a goat and own a million dollars to get into.
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Appreciate the response. Let's say I bought slack access... Where's the advertisement/open invitation for people to be a part of these chats? Have there been any? While it may not rightfully or technically be an inner circle in your eyes, it sure looks that way to others. It seems that much of how the heaviest influencers communicate with Steemit Inc is decided in relative private amongst this group until chats became public lately out of necessity. That feels a bit centralized, even if most have the best of intentions.
Also, when looking through the chats in the link someone replied with here, I believe someone complained about someone without hefty stake (term loosely used here) being in that particular room, so if that's correct, that doesn't sound too fair.
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Nah I get what you mean. I was a normal blogger here before I got into witnessing. Originally I figured that everything is some scam with witnesses and Steemit Inc colluding or being one and the same or not doing anything. It turned out not to be true. Took me a long time to really get that the witnesses are all unique individuals and that they really do give a shit about the chain and steem and about the users. The witness slack is basically a whole bunch of people talking tech. If someone isn't intrinsically familiar with how the chain and development works, it'd be hard for them to contribute or follow.
To be honest the best way to actually work together is through Github. If you go through https://github.com/steemit you can see the absolute accuracy of what's going on and what's being worked on. You can also comment on it and propose your own ideas in a way where everyone will see them. That's why one of the things witnesses and developers want is to be able to have increased contribution rights to the repo. That would make it a real community decentralized project.
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Thanks for your reply. I'm just noting that I added my last comments on the end as an edit seemingly at the exact moment you replied, so just make sure you were aware of that if it would've influenced anything in your initial reply. I was reading through the invites file linked above and it was apparent that people were discussing who gets in and who doesn't, which obviously didn't seem super inclusive.
Thanks for the nice reply and for pointing me to Github. I know there are lots of good people such as yourself.
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Secret Steem Committee Chat Dumps (rehosted):
https://mega.nz/#!lldHVKBJ!OCTGSltvSKvLMBTPdXbKFJMfMAVyhh6kHZ_SHnG0FsM
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After opening your link I am not able to download the file that is being mentioned: https://file.io/7M24qf
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Secret Steem Committee Chat Dumps (rehosted):
https://mega.nz/#!lldHVKBJ!OCTGSltvSKvLMBTPdXbKFJMfMAVyhh6kHZ_SHnG0FsM
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Every time I think I understand my position I read something else and I tweak it a bit. So not claiming any position as of yet, just reading, absorbing, and taking notes. It takes up a lot of space in my mind, I can tell you that :-)
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This post has been included in the latest edition of SOS Daily News - a digest of all you need to know about the State of Steem.
Editor of the The State of Steem SoS Daily News.
Promoter of The State of Steem SoS Weekly Forums.
Editor of the weekly listing of steem radio shows, podcasts & social broadcasts.
Founder of the A Dollar A Day charitable giving project.
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Yea. Looks like a pump n dump plan to me.
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If you could kindly may a new token called Joy that's the backbone of a new social media blogging platform, I'll make the move over.
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Good idea. It would be a SHP platform.
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I've tried so hard to translate SHP. I enrolled in an online computer programming course, paid for a Joe Parys training session, and also speed read 3 books on platforms. I can't find the answer!!
What does it mean?!!!
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lol
it means shitpost
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yeah this price pump looks like its just them manipulting the market to get a better price once they are ready to sell
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