RE: How the Steemit price will soar

[lexikon082]

I do agree Steem is undervalued. Steem itself will turn into a double digit coin. When SBD is used on a regular basis to buy goods and services, I imagine it will maintain the $1 peg because individuals don't want a currency to fluctuate when using it as everyday currency. I hope that is what happens anyway.

This is the conspiracy theorist in me... has polo given a reason for SBD and Steem not being transferrable? You have to wonder if this is purposefully done because they know people will want to gain access to their funds and will, therefore, trade into a different currency at a discount.

Is it possible Polo wants Steem and SBD at a discount because they think it will rise too and therefore are accumulating Steem at a discounted rate?

Comments

[orionschariot]

I know where you're coming from. Something hasn't been right there for awhile concerning Steem and specifically SBDs. SBDs have been trading like their own currency for quite some time. While I thought it very peculiar, I, like many others, did take advantage of this while the price was much higher than their implied value of $1 US dollar. The more I looked into this the more uncomfortable I felt about the action going on pertaining to the SBD. I won't speculate further, as I'm imagine you know where I'm going with this, but I definitely know what you're talking about.

[lexikon082]

[somethingsubtle]

Can someone explain to me why the Steemit audience tends to be a bit more paranoid and apt to believe conspiracy theories?

Is it just the crypto-anarchist side of things? The digital libertarians that don't trust anything?

[lexikon082]

I wouldn't say it's specific to the Libertarian community.

For example this is from a 2016 You.gov poll:

• The financial crash of 2008 was secretly orchestrated by a handful of Wall Street bankers.
  Absolutely True by affiliation: Dems:12% Reps: 10% Other: 5%
• Russia hacked the email of Democrats in order to increase the chance that Donald Trump would win the Presidential election.
  Absolutely True by affiliation Dems: 47% Reps: 2% Other: 9%
• Leaked email from some of Hillary Clinton’s campaign staffers contained code words for pedophilia, human trafficking and satanic ritual abuse - what some people refer to as ’Pizzagate’.
  Absolutely True by affiliation Dems: 4% Reps: 11% Other: 5%

Additionally, many of these "conspiracy theories' turn out to be completely true but conspiracy theorists are looked at as tin foil hat wearing crazies until the lamestream media jumps on the wagon.

Examples:

• Mk Ultra
• Big Brother state : See Edward Snowden
• The falsified Nayirah testimony which sparked American involvement in the Gulf War
• Gulf of Tonkin incident which escalated American involvement in Vietnam revealed as false in 2005.
• Operation Northwoods proves the government purposefully brainstorms ideas to perpetuate war. Thankfully rejected by JFK.

I would say looking into conspiracy theories is more the product of being a free thinker. When I see something that doesn't look right I keep my mind open to the possibilities. If we didn't investigate then we are just being irresponsible to humanity.