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eniac (36)in #dtube • 7 years ago
RE: Ethereum's Proof of Stake Casper Explanation
Links not working for me
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eniac (36)in #steemit • 8 years ago
RE: Fill In The Blank - Steemit Challenge #3
Thanks. I promise I won't spend it all at once!
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eniac (36)in #steemit • 8 years ago
RE: Fill In The Blank - Steemit Challenge #3
That should have been math teacher, of course! :-)
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eniac (36)in #steemit • 8 years ago
RE: Fill In The Blank - Steemit Challenge #3
Where there's a will, there's a way mall planter
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eniac (36)in #steemit • 8 years ago
RE: Why STEEM will probably continue to drop in price
Looks like you've been right, so far. I agree, built in 100% inflation is not a good recipe for a currency. The fact that 90% goes back to SP holders does not really help…
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eniac (36)in #steemit • 8 years ago
RE: The flaw of the current voting system AND AN ACTUAL SOLUTION !
Why not gradually reduce the curation reward for posts that have already been curated much? I know there already is a large penalty in voting late, but the OP asserts that it is…
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eniac (36)in #steemit • 8 years ago
RE: The flaw of the current voting system AND AN ACTUAL SOLUTION !
I think a) actually will help the newbies. It goes like this: Reduce curation rewards for posts that are already heavily curated This will disincentivize people from…
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eniac (36)in #steemit-ideas • 8 years ago
RE: DON'T REMOVE Curation Rewards! Just stop them when the post reach the trending page !!!
If I understand @smooth correctly, he is saying that there are already no significant curation awards for trending posts. The only problem is that people do not realize that. If…
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Past Payouts $0.24
- Author $0.18
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eniac (36)in #steemit • 8 years ago
RE: Steem Dollars have Limits
As of now, there is not much danger of that. US Dollar inflation is near zero, while Steem supply is rapidly increasing with a rate in the hundreds percent.
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eniac (36)in #steemit • 8 years ago
RE: Steem Dollars have Limits
It's just that Steem will not buy you a sandwich or an airplane ticket. Dollars will.
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eniac (36)in #steemit • 8 years ago
RE: Is Bitcoin a Ponzi too? A Simple Explanation about Where Does Money Come From for Dummies
Perhaps you could point me to the place in the post where it says who buys Steem and why. That is what people mean by "where does the money come from". This post misses the mark on that, completely.
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eniac (36)in #steemit • 8 years ago
RE: Is Bitcoin a Ponzi too? A Simple Explanation about Where Does Money Come From for Dummies
The value of Bitcoin is precisely that it is difficult to make more. Steem comes too easy to be much good as a currency.
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eniac (36)in #steemit • 8 years ago
RE: Is Bitcoin a Ponzi too? A Simple Explanation about Where Does Money Come From for Dummies
I have. No mention of who provides actual money, or why. I know the Steem flows freely, and where it comes from. The question is about actual money, I think, and is not answered as far as I can tell.
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eniac (36)in #steemit • 8 years ago
RE: Is Bitcoin a Ponzi too? A Simple Explanation about Where Does Money Come From for Dummies
All fine, but you haven't really answered the question: Where does the money come from? The hard dollars? Who pays $$$ and what do they get in return?
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eniac (36)in #steemit • 8 years ago
RE: Is Bitcoin a Ponzi too? A Simple Explanation about Where Does Money Come From for Dummies
What business model? Bitcoin does not produce anything. It is free, so it does not have earnings. It is a currency, or a open source bookkeeping platform. Steem can be a…
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eniac (36)in #steemit • 8 years ago
RE: Is Bitcoin a Ponzi too? A Simple Explanation about Where Does Money Come From for Dummies
@orly has it nailed, I think. Steem can only have value if people buy it. It cannot have value from being handed out for posting, curating, mining, etc. In the long run (other…
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eniac (36)in #steem • 8 years ago
RE: Is A Hard Fork Implemented Or Voted On?
I think it is the witnesses who vote on the fork. If you look carefully on your witness page, there is a fork version vote and fork time vote. I suspect that the fork happens…
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eniac (36)in #steemit • 8 years ago
RE: Money for Nothing
Ah, I see. You buy a lot of steem, power up, and then you upvote your own posts. It would be a strange model for advertisers, though: You'd have to pay a whole lot of money in…
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eniac (36)in #steemit • 8 years ago
RE: Money for Nothing
That is a great point. Is there a mechanism for that, though? Can you make a "paid post"?
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eniac (36)in #steemit • 8 years ago
RE: Whale’s dilemma
Random voting could be made ineffective by weighting rewards against future success of postings. You only get a curation reward if the articles you voted for do better than…
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