Hello everyone Steemers!)
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I've flagged this post because you are spamming out links this post all over the place. Please don't do that.
Actually, you have it backwards. I don't flag posts because I don't like them. I flag spam. If you are going to spam, then you'll earn flags.
So you flag one of my posts out of spite. That won't go well.
I also hope that you are wrong)))
me 3
Steemit only source of revenue now is from users buying steempower. Steempower takes 2 years to withdraw and doubles its strength every year. If Steem has 1million users, image the profits when the price goes up. Good investment i say.
Liked the read, and Up Voted. I think all concerns are reasonable to keep in mind. So Steemit owns over 50% of Steem... if Steemit fails than I think what we will first see is a stop of all new entries into the Steemit network(without payment); then a drastic drop in the value of Steem Power, as the Steemit Corp sells off the steem power to make the money to keep themselves operational; but, the outcome being a perpetual cycle of self destruction on the part of Steemit. In the long run I do not think the users of Steem will be hurt too badly if they stay smart in this occurrence, they will simply shift to a new platform that uses Steem. This is why I advocate the creation of a new platform now because I don't think people should be waiting for Steemit to collapse.
Upvoted because I'd really like to read responses from the dev team. Maybe it's simply inaccurate-- if so, let's put these rumors to bed. If it's not inaccurate, maybe there's a great reason for what happened.
Either way, I'm curious to know what the story is.
Oh, and ya know, there's another thing-- didn't upvote to say that the founders "don't deserve" their profits. Starting a business is insanely hard. Essentially, I just want to know the score.
I'm not absolutely sure how this works, so a good answer would be nice.
No one new about Facebook in the beginning. We won't know about STEEMIT for a while. As long as membership increases like Facebook, the rest is history.
It's not a scam but that is not a guarantee of success and it won't stop people calling it a scam.
crazy
80% of STEEM that was premined was converted to vests. Vests have to be powered down and paid out in equal payments over 104 weeks. The only way to dump the 80% on the market is if they powered down over two years, and then dumped it. If this were to happen we would have two years notice before it happened.
Steemit is growing, in the future it will have expenses, bounties, etc to pay out. As such it isn't uncommon to have a general fund with premined coins. What is unique is that for Steemit, these coins are not immediately liquid.
The 6 founders split 53,000 STEEM which was awarded as vests. Once again this isn't immediately liquid.
Good job!!
Nice article!
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