You are viewing a single comment's thread from:

RE: Is This The End Of Steemit?

in #ask5 years ago

The resignations are from Steemit Inc employees. They are good smart people and I think their resignation is to protest the takeover of the Witness pool by Justin Sun, who bought the company Steemit Inc last week.

Witnesses are voted in by all the people who own Steem. Sun had convinced rich exchanges to vote with him for 20 new witnesses which are all controlled by him. But today, the exchanges changed their mind and removed their votes for Sun's witnesses. You can now see that 5 of the top 20 witnesses are again the witnesses we've had here for a long time, who were voted in by the community. The community has come together to vote for the witnesses who have been here for years. Check https://steemd.com/witnesses and look in the right column to see what version of the code they are running. Those running 0.22.5 are the witnesses that Sun voted in by himself. So the community is fighting back and has regained some control. There will be more changes daily and we'll see how it all works out. In the meantime, the price of STEEM is steady at around 18 cents, steemit.com is up and and working, and the STEEM blockchain is producing blocks as it should.

Sort:  

The steem/sbd coin is under construction because of this hostile take over?

Posted using Partiko Android

I don't know exactly what is happening with Blocktrades. I use Bittrex to buy and sell STEEM, and have not had a problem with it for the last 4 years. You can see the STEEM/BTC market here: https://bittrex.com/Market/Index?MarketName=BTC-STEEM Bittrex did Not join with Sun and although I have not tried to buy or sell today, I have not heard of any problems on Bittrex.

do you have a tutorial for trading on Bittrex? And can I send my crytpos to my Coinbase via Bittrex?

I have not personally made a tutorial on moving tokens to or from Bittrex, or how to trade there, but there are a lot in the search results here on steemit:
https://steemit.com/search?q=bittrex%20tutorial

You can send STEEM and SBD to Bittrex, and trade that for Bitcoin, and send Bitcoin to Coinbase. Bittrex is a legit USA based exchange and will require KYC, meaning they will have to verify your identity, just like Coinbase.


I see that @paulag is offereing to buy STEEM with payment via PayPal. You can read about that, here: https://steemit.com/hive-174578/@paulag/so-i-just-powered-up-and-if-you-have-steem-to-sell-i-will-buy-it