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Showing 7 of 7 results by missbit
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Board Announcements (Altcoins)
Re: [ANN] [ICO] Zeepin Chain | Changing the Creative Industry
by
missbit
on 24/12/2017, 03:29:18 UTC
Decentralizing the creative industry! more arts and design will flourish!
Post
Topic
Board Altcoin Discussion
Re: Steem pyramid scheme revealed
by
missbit
on 17/11/2016, 01:40:11 UTC
Quote
Yes, you can upvote anyone you want, do you have a problem with that? should they ask for your permission on whom they vote? and on what basis?

No, not at all. I have no problem with that. They can upvote whoever they would like to throw money by reaching into investers' pocket.

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Who are you to judge what content is "shit" and what is not?
There is some great content and there is some bad content, everyone can upvote and follow what they like, like anyone with lots of hash power is free to choose the coin he supports.

Yes, just like a blogger and reader is free to choose where to blog and where to read. And that place is NOT steemit. So, userbase will continue to decline, like the price.

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Everyone who holds steem is "paying" the inflation, some invested money while others invested time and work. The same applies to bitcoin too.

Oh really? Inflation of 400 BTC to 20 BTC and takes 2 years to power down. "Nice" for investors to not only invest and even have to "work", "curate" and "write".

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Afaik you cant fork steem, you will have to find something else for your shitcoin.

Thanks. But my shit coin value does not pump 1000% within 2 months and drop all the way 1000%.

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I'm sure too, but can you say the same for yourself?

On the contrary, I can. Because i am a trader. Just looking from the outside looking at silly investors and nonsensical steemit bloggers.
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Topic
Board Altcoin Discussion
Re: Steem pyramid scheme revealed
by
missbit
on 16/11/2016, 02:22:56 UTC

The more steempower someone has, the more his/her vote is worth and by upvoting the blogs/posts he likes he is rewarding the authors a portion of the daily "mining rewards"


It also translates to "The richer you are, the more his/her vote is worth and by upvoting wives/gf/buddy/friends/relatives/new-friends-they-got-to-know-on-steemit/authors-who-usually-got-upvoted-a-lot-even though-their-content-is-shit a portion of the daily "mining rewards" which come from the pockets of investors e.g. Laonie who invested with 400 BTC"

What a "great" idea to get ultra rich within 6 months... I am sure steemit bloggers and the founders can sleep well at night :p
Post
Topic
Board Altcoin Discussion
Re: Steem pyramid scheme revealed
by
missbit
on 27/10/2016, 03:38:27 UTC
Well I blogged one time because I want to be known for making a prediction (blogging for reputation):

https://steemit.com/money/@anonymint/speculation-rule-buy-when-others-are-irrationally-pessimistic-cautious



Got Lyme/Babesiosis and the rest of tickborne diseases tested to rule that out?

http://cid.oxfordjournals.org/content/34/9/1206.long


I'll make sure they test for all infectious diseases in Singapore. I already tested negative for Hepa B & C, HIV, easily testable STDs such as two kinds of Syphilis tests (but not HPV test yet), and cancer markers for prostrate and pancreas.

hi @anonymint, good call that you do not have "steem" in that post.

But sorry, under this low price, i can only the hint of "buy steem, it is cheap. Dun panic". it is exactly such steem shill post which pull steemit down. And steemit bloggers do not understand why readers/content consumers follow certain bloggers. The word is TRUST. Trust in a blogger that the blogger is not using their readers. This post of yours seems to be encouraging people to buy steem.

So in all, that post of yours is steem-shilled.

Add arguments to your post:

Except that steem is not bitcoin. Do you know who and where is Satoshi?

And that's why we can argue that bitcoin is truly decentralized whereas steem founders are not. In fact, steem is highly centralized in the hands of a few.

Please dun hold your hopes too high for steem and hope to get very rich with your free steem.
Post
Topic
Board Altcoin Discussion
Re: Steem pyramid scheme revealed
by
missbit
on 27/10/2016, 01:59:53 UTC
Quote
Quote
It should be fun and social, which is addictive, sticky, and viral.


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For the masses it should be mostly swiping and clicking. For content producers, they must be able to connect directly to their demographics and not be at the whim of some top-down control (whales, site-wide ideology).

Well-said. Could not agree more. Sticky? More of off-putting.

The content producers are mainly new untested bloggers who chase for upvotes from whales. These bloggers observe a trend on what kind of content is trending and starting writing something with "their in-depth research and hours writing" compared to people specialized in their technical field for years.

This is a very good example on IP. Just BS.
https://steemit.com/philosophy/@kevinwong/the-end-of-intellectual-property-on-imagination-artificial-intelligence-and-procedural-generation

IP exists clearly for a reason. Just depends on which side you happen to stand. Also this author clearly omits science patents. clearly written for anarchy or the pirates Tongue

Such untested bloggers or what you call content producers who exist on steemit is why steemit will fail to attract and expand user base outside of crypto.




This argument is a bit like saying that Bitcoin would fail (after 6 months) as the only people using it were Satoshi and a handful of crypto nerds...

If well-established bloggers migrated onto Steemit, it would obviously be in the interest of whales etc to vote for them. As with most things early adopters are simply benefiting from being early adopters, not necessarily the cream of the crop.

Equally, if Steem or Synereo etc, gained mass adoption, the existing whales would likely be very quickly bought out and the modus operandi of the new whales would look very different to behaviours exhibited now.

The key for any of these "attention economy" platforms is mass adoption and user retention. An area which Steem/ Steemit has barely scratched the surface of given it's soft launch was in July and it's still in beta.

I for one will be interested to see how things begin to take shape over the next 12 - 18 months before declaring it dead/ failed after 3!


That's the answer right there why most people won't buy steem. Why should new investors buy steem or even steem power (which takes 2 years to draw down everything) to support new bloggers and their content, and pay their "salary" or even the whales? It does not make good investment sense in the content market. A lot of steemit content is shit. If it claims to be a content site, it damned better have good content and star bloggers. But all i see is shit content probably written by whales' friends (according to what most feedback says) and i guess that explains why shit got voted on so often.  And you talked about "attention economy" when the content is not attracting eyeballs.

People will only invest in a content site if it provides value to the audience/masses or attracts users aka expands userbase. At this time, i don't see how both steem and steemit can provide any value.

Also, why hurriedly roll it out when it is premature is a big question? This, i leave it to your imagination on why.
Post
Topic
Board Altcoin Discussion
Re: Steem pyramid scheme revealed
by
missbit
on 26/10/2016, 07:00:02 UTC
Quote
I believe this is why steemit will die - you can only create so many random blog posts with '...And this is why steemit rules!' before the entire platform is viewed as garbage.

Exactly, content wise, it is a big fail, be it steemit shilled or not steemit shilled. If steemit had started with a group of pioneer star bloggers and writers, it might have become sticky and bring in more users. Bought a little steem and the price spiraled downwards. Luckily, i did not buy much steem.

Checked the steemit content every now and then, it is only full of millennials with their "yeah steem yeah steemit" BS. Never clicking any steemit links again.
Post
Topic
Board Altcoin Discussion
Re: Steem pyramid scheme revealed
by
missbit
on 26/10/2016, 05:50:03 UTC
Quote
Quote
It should be fun and social, which is addictive, sticky, and viral.


Quote
For the masses it should be mostly swiping and clicking. For content producers, they must be able to connect directly to their demographics and not be at the whim of some top-down control (whales, site-wide ideology).

Well-said. Could not agree more. Sticky? More of off-putting.

The content producers are mainly new untested bloggers who chase for upvotes from whales. These bloggers observe a trend on what kind of content is trending and starting writing something with "their in-depth research and hours writing" compared to people specialized in their technical field for years.

This is a very good example on IP. Just BS.
https://steemit.com/philosophy/@kevinwong/the-end-of-intellectual-property-on-imagination-artificial-intelligence-and-procedural-generation

IP exists clearly for a reason. Just depends on which side you happen to stand. Also this author clearly omits science patents. clearly written for anarchy or the pirates Tongue

Such untested bloggers or what you call content producers who exist on steemit is why steemit will fail to attract and expand user base outside of crypto.