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RE: The Proposal System is fundamentally broken!

in #hive5 years ago

4500 is the budget. Its currently dishing out closer to 1300 HBD a day. Thats about the same Steemit.inc spent during 2019 if it continues for 365 days.
If it was my guess you can expect a new proposal after Justines 500 hbd a day ends. It will be for one thats up to 100 HBD a day.

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4500 is the budget. Its currently dishing out closer to 1300 HBD a day.

Because of the return proposal. What happens to the money that does not get distributed? Is it burned or does it go back to the DAO?

Its a return proposal, i assume its returned, doesnt get funded. :)

There is no need to make assumptions, the account that receives the funds for the return proposal is the steem dao.

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This is bullshit.

1300$ a day for 365 days is $474,500.

Steemit inc Spent $2,000,000+ in 242 days from end of 2018 to August 2019, and that's only looking at the accounts we know about.

Enjoy offloading your Hive into the rise generated by those exchange listings? Thought so.

This is why i find these discussions degenerate. As much as someone might want to try and introduce reason into these discussions, they cant, because you will always have fans (thats what you are, simply a fan) twist stats in favor of their point of admiration.

  1. I said 2019 as an arbitrary year for a estimate i didnt even check exactly, simply knew it was in the ballpark. You jumped on it and changed the dates to what fits you best.
  2. The average price based on end of month dump assuming the 200k Steem number by Mark is true is around 25 cents which gets you a bit more then 600k USD a year. 1300 HBD a day is close to 500k USD a year. Thats very fucking close.
  3. We got hivemind, communities etc. If HIVE delivers just SMTs (that have been developed to a high degree already) this year under 600k ill be happy.
    I sincerely doubt it though.

You should be ashamed of yourself at this point after the comments you left.
To lower yourself so much as to fight anothers fight and lie, twist facts so they get money for some secretary work they do not deserve.

Do you even consider yourself a man?

Look at what you have just written.

I'm calling your numbers bullshit, which they undoubtedly are, and you are suggesting I am degenerating the discussion? Where I am asking you to confirm if you are a man or not?

The average price based on end of month dump assuming the 200k Steem number by Mark is true is around 25 cents which gets you a bit more then 600k USD a year. 1300 HBD a day is close to 500k USD a year. Thats very fucking close.

Look at the price history for the day they sold, or even take the month ending if you wish. STEEM was not 25 cents for much of this time.

Again, 1300 HBD at a dollar is $474,500. Steemit inc spent a million dollars more this in the first 8 months of 2019.

Next time, do the math before you start throwing numbers around.

I did do the math and the math is correct based on presented info in front of me. Start of year of 35 to end of year at 13 cents.
I made an estimate based on information presented. Based on information presented i did some quick math.
If you want to correct anyone go correct Mark.

Thats really not the issue here though. The issue here is that you dicks are singling me out. You yourself went out and either

  1. Searched my comments or
  2. Dug through anyone mentioning Justine and the proposal system.
    (not sure whats sadder.)

Now again, after youve made your position clear 10 times, still going out and fighting the battle for someone, thats more then capable of defending them self btw, that will rip off the proposal system for 30k USD for some secretary work ( of which you will get nothing), would you say you consider yourself a man? Im curious.
Or do you think of yourself as a white knight?

image.png

This is bullshit.

1300$ a day for 365 days is is $474,500.

Steemit inc Spent $2,000,000+ in 242 days, and that's only looking at the accounts we know about.

Enjoy offloading your Hive into the rise generated by those exchange listing? Thought so.