Quote from: chryspano on March 16, 2017, 03:26:34 PM

Quote from: traumschiff on March 16, 2017, 02:54:25 PM

Behold the poor bagholder who doesn't realize when he got profited from.

Instead of writing one line sophistries, I would apreciate it if you spent some time to answer my seven questions in my previous post.

Thank you.

I already answered the problem with its economics in prior posts in several steem threads.

Larimer leaving now makes it a scam because he actually leaves after there is no profit to be made on the project at the all time lowest exchange rate and lowest market cap of the project. They instamined 80% of the supply from the short POW in the first few days (I was there, you can find my my comments in the very first steem launch thread) and profited till this very moment, you can be sure they maximized their profit as long as they could. The exchange rate is dumping on a daily basis and Dan is most probably leaving so he can't be made liable for the project dying as there is no way this project can get away with creating money out of thin air. He did the same with BTS and the charts don't lie.

If the economics of the project would be feasible there would be no panic seen in the charts, you won't get anything from buying STEEM except voting power on an unknown platform (STEEM isn't viable as a curreny) and on the other side you get people dumping free money for some reposts (implying here they are friends of the whales as a few people are in control on who get's money on posts, friendship/agenda > quality on the platform).

Even Larimer realized the platform is born to die and he tried to change the whole payout model together with a controled inflation. Guess what? It doesn't work. What is that if not realizing it's shit?

On the topic of "goes to 0", it's just a phrase. This will go down to the point where using the platform won't be profitable to anyone and not worth anyones time* thus people will just go back to the better built and more popular alternatives (even if those are centralized) or will go to the next better built decentralized platform.

I'm using the simple one liners because this project is a disgrace to this forum and doesn't deserve any respect. Even your developer and founder left the project with a simple one liner comment on his own platform.

Enjoy your pile of shit even Dan Larimer backs out of.

*example:

https://steemit.com/steemit/@lily-da-vine/i-quit-i-think

Quote

We are one of the top original content producers on this site. Steemit has been good to us thus far, we've never written anything to complain publicly. It's not perfect, but it wasn't worth complaining about as we understand this is a new thing, and will adjust and change over time. Due to this experiment, dropping Steem price and other factors our payouts have dropped significantly despite gaining popularity and reputation within the site. So despite rising followers and support, we're making less than ever to the point where it's getting hard to justify spending the time to write.