Agree. What kind of image does this convey to serious investors? They see these shameless wars and move away from it. Sadly, whales are repeatedly acting irresponsibly and forgetting that everything they type is permanently recorded on the blockchain. That stuff can and will bite back to hurt the platform.
You are viewing a single comment's thread from:
Investors don't buy STEEM because STINC owns the majority of stake, they do not use that stake wisely, they hard fork often, they do not market well ... and on and on.
The flame wars are inconsequential.
Great summary in just a few words.
True. But flame wars don't help the image because they're permanent on the blockchain. And concerning Steemit's stake, that can be addressed by doing what Ripple did: they placed a big chunk of their ripple holding in escrow for years ahead to ease the investors concerns.
https://ripple.com/insights/ripple-escrows-55-billion-xrp-for-supply-predictability/
Speaking of hard forks, you're surely aware of the messy bitcoin forks and the unending developer wars. The Steem hard forks are to improve the network. And since it's a consensus-based system, it's up to the witnesses to implement or reject them. Steemit has to abide by the witnesses' decision and re-consider their modifications if required.
Surely you're aware of the timelines you're comparing when it comes to hardforks and surely you're not counting hardforks by outside developers to create a new shitcoin?
If so, then also count the numerous Steemit clones in your numbers and timeline and reassess. And when you're done with that, realize ...
Steemit has changed the entire economic model when they hardfork, repeatedly.
The project you invested in yesterday may have an entirely different model ...
SOON!
I feel this viewpoint is naive when we're talking about "serious investors".
Let's deal with reality first.
@drakos
Exactly!
@tuck-fheman When you put it like that I can't argue and must agree. Slicing sharp intelligence as usual.
Wait, aren't the whales the ones having the wars?
@drakos
I think serious investors like myself understand this perfectly well.
non invested oompa loompas talk and know nothing. Clueless. As you can see, the market is very much up, so STFU and go back to bed. @quinneaker should join you, maybe you can cuddle.
@erodedthoughts
KingsCrown is not a whale, he is a leeching shitposter who have begged and made agreements with whales and dolphins to auto-upvote his shitposts time after time.
First of all @fyrstikken, tone down your language when you address me. You can tell "STFU" to people who use filthy language with you, not me. When STEEM is only up 7% while the whole crypto market is skyrocketing by 100-1000%. You call that a comparison?
I'm not taking sides in this fight, I think it's childish and immature. And if you consider yourself a serious investor, I wonder, how would you attract other investors to join Steem: by throwing profanities and acting like a raging bull in public, or acting polite and civilized to give a good image about yourself and the platform?