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smooth

@smooth

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2016-03-25 13:36

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smooth

7y

RE: The @sbdpotato beneficiary experiment

I happy to see anyone try things. We'll see how it works out. I personally do not contribute to the posts or comments being on trending at all because I vote for them after 3-5 days, and have IIRC done

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smooth

7y

RE: Steem experiment: Burn post #528

The last line is speculative. There are many factors contributing to price changes so I don't think a blanket statement can be made. I would instead say that it could increase the price of Steem, or from

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smooth

7y

RE: The @sbdpotato beneficiary experiment

People who still hold SBD is only for speculative reasons, hoping it will one day go back to 1 USD There have always been people holding SBD, even when it was $1. You seem to deny that people value stability

smooth

7y

RE: The @sbdpotato beneficiary experiment

When? 2017-18? All throughout Steem's history. There have always been buyers. There have always been people with SBD sitting in their wallets because they want some stability of value. Real demand is when

smooth

7y

RE: The @sbdpotato beneficiary experiment

Please, elaborate that. How is an sbd increase in price be beneficial for the platform as a whole A stable value coin has clear value as I explained elsewhere. This is why SBD is used in SPS, because of

smooth

7y

RE: SBD Potato Day 51: Potato Police!

Yeah I said the same thing elsewhere. 20-30 comments per day could help. But people may still pile on to the higher ones. I'll consider trying it though.

smooth

7y

RE: Cleaning up Steem trending

There is SBD being created into the SPS treasury, which is counted as part of the supply (IMO this should be changed; I would only count SBD supply when it is paid out from SPS) but most of it isn't being

smooth

7y

RE: Cleaning up Steem trending

That's also not how it works. If the SBD price drops due to printing (without the haircut), then there is a natural incentive for people to convert SBD using their own money because it is likely to show

smooth

7y

RE: The @sbdpotato beneficiary experiment

And it is clearly wrong. There is SOME demand. I can point to people who have bought large amounts of SBD, even at $1 or higher (or course this is true because every trade has a buyer, and it has traded

smooth

7y

RE: Cleaning up Steem trending

Sure something like that is probably possible. Many details would need to be worked out in terms of design and math (and then coding) of course. And it won't happen any time soon (due to development resources,

smooth

7y

RE: SBD Potato Day 51: Potato Police!

Comments wont appear if you spread the votes over multiple comments This could work if the number of comment are high (say 20 or 30 per day), and people spread out their votes on the lower value comments,

smooth

7y

RE: SBD Potato Day 51: Potato Police!

Why not stop making these Burnpost posts and simply vote comments, 10 of them a day at lower values? Burnpost comments have about the same value as the posts usually (not always, sometimes they are somewhat

smooth

7y

RE: Cleaning up Steem trending

No it isn't, because @sbdpotato is reducing the total supply of SBD. That is persistent beyond the point where the buying stops. If you take 60K STEEM and buy SBD, you may increase the price temporarily,

smooth

7y

RE: Vote for 4 Weeks Power Down! Vote for @thecryptodrive Witness!

RC pools is one big thing I know of. I believe there are some improvements to how vote changing works. I'm pretty sure there are other things but we will have to wait for the release notes to know what

smooth

7y

RE: Cleaning up Steem trending

Anyhow -- I think the burn-posts probably aren't big enough to do anything anyways Maybe, maybe not. I don't think it is easy to say what is the effect of taking around 2000 STEEM per day off the market,

smooth

7y

RE: The @sbdpotato beneficiary experiment

that you can prove that it won't work just using basic economics Except that you can't. You have done nothing but post a lot of pure nonsense like the claim that wasting a bunch of money buying up SBD

smooth

7y

RE: The @sbdpotato beneficiary experiment

There is really no one who can promise this. The voters supporting both projects are diverse Steem stakeholders who are expressing their view that the projects are a better use of rewards funds than a

smooth

7y

RE: The @sbdpotato beneficiary experiment

Yeah, but why not do it with their own funds if this is what they want? Because it has a cost that results in a benefit to Steem and not to a privately owned business like Steem Monsters. Since the benefit

smooth

7y

RE: SBD Potato Day 51: Potato Police!

IMO there should be another welcome page that isn't a trending-type page that is based on votes. I agree with you that for new visitors seeing the most voted content is not the most appealing content,

smooth

7y

RE: SBD Potato Day 51: Potato Police!

Okay let's think this through. One of two things is going to happen: Most people don't press the "show hidden" button, and the scammer gets to benefit from low/no visibility Most people do press

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