Hold onto your hats, steemizens!

in steemprice •  7 years ago 

This roller coaster is picking up speed on its downhill run!
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Bear in mind, sp payouts go up as the price goes down!
Im not sure the exact ratios, but a 20sbd post pays out 10sbd and 10sp at a dollar.
At 2 dollars that same post pays 10 sbd and 5sp.
At 5usd steem that same post pays 10sbd and 2sp.
So, as the price goes down, sp payouts go up as a ratio in steem.
For most of you, dear readers, just move the decimals and add zeroes to get what your payouts will be.
Sorry, stinc prefers slobbing whale knob over making steem attractive to the masses, and whole numbers make prettier math equations.

We'll have to get one of those math whizzes to explain whether or not its a wash because as the price drops so too does the value of the rshares.
Ive never really gotten a good idea of that ratio.
There are so many moving parts to this game that its not easily learned.
Maybe one will be sooo kind as to lay the numbers on us.

Now is a good time to ask the insider money grabbers how they like their strategy, today!
We have 850k accounts that have told us this game isnt worth playing.
Im 0 for 4 on accounts ive created, not one of them actually played the game.

Now, even tilting the math towards the greedy bastards isnt working.
The cryptoverse investors are not finding it a good idea to play the bigger fools for our money grubbers.
Instead of making steem appealing to the masses, the decision was to let the large accounts abuse the pool.
How is that choice looking now, stinc?
We couldve had thousands buying small amounts of steem, instead, nobody is buying it.

And just for the record, i give stinc, et al, the biggest ration of crap i can manage because they chose the insiders over the little fish.
That is almost unforgivable in my book.
To choose folks who's biggest worry is if the heart in their 10usd crapichino grande will flounder over people not getting enough to eat in venezuela and africa was a crappy move, if you ask me.

But, when this mistake gets corrected we really owe them a large debt of gratitude.
I mean, fedbook locked me out of my account in '12.
Until minds.com opened up in may of 15 i was trapped in bbs forum hell.
Most of those places have three or four dedicated users that aint looking to have a newb come in and usurp their authoritye.
None of them paid me 500usd a month for posting, either.
Minds never appealed to me as anything more than a twitter to post memes and short form content, their blogs didnt function in the app, and all i had was a tablet at the time.
I was pretty lost for a place to beat my drum until steem came along.

So, dont take it too personal, stinc, et al, just pull your heads out and stop fellating rich people, eh?

As for you, dear reader, now is the time to put out your 'goodest' content, when the price goes back up you will be glad you did.
You can bet that the price will rise again despite the bonehead moves by those with the keys to the code because the tech is that transformative.
I can send you money for free!
The banks are in trouble.
What with all the bs they've been forcing onto us for the last hundred and fifty years their days are numbered in the information age.
They cant hide their human trafficking paid for by our agreeing to wage slave in their cubicles, anymore.
The pendulum is reversing, rule by bully is dying.
Probably should sit on your hats, for now!

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The higher the price of Steem, the less Steem users get for 50/50 splits.
I agree, that due to premining, people should refrain from buying Steem, because when they do, they probably pay to a preminer or a scammer.
Steem was founded on abuse, and I would rather go to zero along with preminers, than to enjoy a rise of 200% along with them.
To me, it makes almost no difference.
They deserve to lose it all, because their histories are almost pure abusive.
They want poor late joiners to buy their Steem, rent it from them, waste VP to fight abuse for them, shill Steem for them, develop Steem for them, while they rip the rewards.

Lol, yep, exactly.
Welcome to steem!

One day those folks will be gone and we can go about making the place attractive to the rest of us.

Why does this comment say yesterday, but is at the top of my feed?

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You seem "a bit" negative. lol Steem is a crypto that is tied to Bitcoin. Not much Steeminc can do about the crypto market crashing. If Steem goes low enough maybe we can decouple somewhat.

Stinc couldve made choices that made the game interesting to more than just the rich.
That wouldve done more for uncoupling with btc, poor people dont track btc price as closely, they have less to lose.

How could they have made it better for poor people? It seems like every crypto is coupled with Bitcoin except Tether.

By makng the game more attractive to the little accounts.

Right now btc is the 900lb gorrilla, that wont always be the case.
It will be replaced by better tech, maybe steem
3sec free transactions are gonna be tough to beat.

I don't think it is horrible right now but in the future I expect it to get a lot tougher.
Yeah hopefully Steem can beat Bitcoin. :) It seemed like Steem might be edging up slowly on Bitcoin but it is hard to say for sure.

Man, those were the days!

just for you bro.

Oh yeah,...