Steem&#x27;s superiority won&#x27;t go unnoticed for much longer...

dtrade last year

I always wonder why not someone with deep pocket buy $10M worth of Steem and spend $1M in marketing, his stash could be $100M in no time considering the marketcap of ETH, EOS or TRON.

I wish I could be that guy!!!!

From my personal example, when I thirst thought about buying BTC it was $32 a piece in February, 2013. In last 6 years. I have invested $45K in cryptocurrency.

If miraculously I would have bought BTC with $45K on that time, then I could have 1400 BTC at my hand. With 1400 BTC, I could have buy 80M Steem or 80% of the liquid Steem from the exchange at current price of 17 cents. However, buying large amount of Steem from exchange will send Steem to a higher value. With strategy of sell walls, a large amount of Steem can be bought cheaply too.

Posted via Steemleo

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mindtrap last year (edited)

10 mill huh? A purchase like that needs massive sell walls and time or it would drive the price up in no time and investors wanna jump in when prices are low and people panic sell.

I think that the SPS could support a marketing campaign if a proper proposal was submitted...

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dtrade last year (edited)

Yes, it would be hard but doable.

But the missing opportunity still alludes me. I have wondered for more than three years why people like Winklevoss twins, Roger Ver (has account), even Charlie Shrem (was a witess) or early BTC/ETH/XRP whales take stake in Steem. They should have understand the opportunity being early adopters. Steem is banging all cylinders as a successful blockchain but (big) investors are just ignoring.

I hope SPS will come out. It will be more like DASH's Proposal System which helped it to promote a lot.

Posted via Steemleo

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vimukthi last year

Dash was what I was thinking of when I first head of SPS. The Dash Treasury turned them into a real beast and if you look at my early posts (I started in mid 2017), you will see me promoting Dash all over the place. But I think getting into STEEM, SMT and all the games and DAPPs can get even better ROI. As an investor that is actually my #1 metric. Therefor I have made STEEM into my biggest bet in my blockchain investments.

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synrg last year

I've seen people get censored on here. Don't get me wrong, I love this platform but I would just like to point out that at times I have seen people with 'large' interests downvote ppl into oblivion. Most of the time for good reason, but I remember seeing some downvotes on posts a long time ago that had some 'alternative' content and someone had a difference of opinion, called the poster 'retarded' and other names and downvoted them into obscurity (and of course by that I do mean (click to show content) on most frontends - but this isn't considering the effect that that is going to have on the author - likely they will self-sensor.

Another instance I saw is with I don't know if you remember a while bark @thedarkoverlord was posting up some random stuff, they said they had some 9/11 files that they were going to release if they got the big bounty that they were asking for. They never got it, never shared what they had and ended up just posting some topless photos of some celebrity - which were removed with a DMCA takedown notice, and rightfully so, A person has the right to have private pics of them taken down. I'm not sure if you could even call a DMCA takedown notice 'censorship' since it's generally only having to due with copyright material... in the end... I don't really know what I'm saying. I feel like I just come on your posts to play devils advocate which is funny because I do like steem - if I didn't I wouldn't be on here... But just thought those two things are worth pointing out if one hasn't seen them before. I still do believe steem is great for getting information out there, because it is true that if soemone has something really important that they need to get out this could be a great place. One thing that companies would almost have to keep in mind posting on here would be the accountability that would come with making promises on the blockchain - which in itself wouldn't be a bad thing.

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mindtrap last year

I've seen people get censored on here. Don't get me wrong, I love this platform but I would just like to point out that at times I have seen people with 'large' interests downvote ppl into oblivion.

People can downvote as hard as they wish, that doesn’t change the fact that what you uploaded is there. If you dig you’ ll bring in back on the surface regardless of the rewards.

As for the darkoverlords...are you sure that what they claimed they possessed was legit?

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dtrade last year

Nothing is censored in Steem blockchain, downvote makes it invisible.

Everything is stored in the blockchain and can be retrieved with different frontends.

The front-ends such as Steemit.com or steempeak.com are companies that abide the laws the country of residence and can censor stuffs due to the existential survival.

Steem is a censorless blockchain, frontends decide their censorship based on their TOS.

Posted via Steemleo

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taskmaster4450le last year

You fail to understand how it all works.

The account you cite has all the text on the blockchain. At the same time, it still can be viewed by using Busy.org (I didnt check the others). Thus, not only are all the posts on the blockchain, they can be viewed by at least one front end.

As for the DMCA, front ends have a choice, adhere to them or risk getting in trouble with their cloud provider, most likely AWS. Photos are not posted on the blockchain, only text. Anything uploaded, to Steemit.com ends up on the cloud. Therefore, if they do not take it down, a notice can be sent to Amazon to remove it.

Until more is done using SIA or Storj, this will be a part of the Internet experience.

Posted via Steemleo

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synrg last year (edited)

@mindtrap @dtrade @taskmaster4450le I understand perfectly well how steem works, I mentioned in my comment "and of course by that I do mean (click to show content) on most frontends" maybe that was a bit unclear... I am moreso referring to bullying, I guess I should concede that bullying ppl into silence is not the same as censorship - although you could argue that in some ways it still is.

I don't know if @thedarkoverlords "9/11" files were legit - it seems like they did have some celeb pics that got taken down as a result of aforementioned DMCA complaints. Those were real but would be interesting to hear what happened to their '9/11' bounty files, in all likelihood was just a bunch of hot air and a ruse to get some BTC via the bounty. Have not heard anything since.

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russia-btc last year

I'm going to buy STEEM - maybe this is the last days when it costs $ 0.16

Posted via Steemleo

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mindtrap last year

There ya go! Jump in before it's too late

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russia-btc last year

Hold my suitcases - I'm with you ;)

Posted via Steemleo

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gargon last year

good call

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curatorcat.ccc last year

I hope you are right @mindtrap. I keep hoping we'll see more commercial use cases here... as in commerce, which would emphasize the actual commercial use of the Steem token. Think something like a peer-to-peer eBay meets Craigslist meets a free-lance service marketplace... on the blockchain. Fast, no fee, instant transfers, peer-to-peer transactions.

Half-hearted attempts have been made, but few with any follow-through... seems everyone just wants to do games and social apps. Maybe that'll start changing...

=^..^=

Posted via Steemleo

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mindtrap last year

I wouldn't mind if it was gaming what would shoot us to the moon and beyond tbh.

We are at a very early stage...

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summertooth last year

Someone or some entity with deep pockets will eventually come along and figure out how steem can benefit their business and jump in big time. As far as real-world, usable blockchains go steem is, hands down, the best. I just think that person has not stumbled into steem yet but they will...

Posted via Steemleo

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mindtrap last year

You've said it all. Looking forward to that day...

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yonnathang last year

These days I'm casually explaining to my high school students that it's steem. I have understood that we must first talk about the concept of money and, necessarily, then review who are the trusted people to whom we deliver our transactions.

Of course, they are starting with the concepts of cryptomoneda and blockchain. But the important thing is to let them know that in this ecosystem the notion we have of money and work is something that goes beyond anything we have seen so far in our society.

I hope to be able to attract new young users with these proposals in my math classes and also to my teaching colleagues.

Wish me luck!

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mindtrap last year (edited)

These days I'm casually explaining to my high school students that it's steem. I have understood that we must first talk about the concept of money and, necessarily, then review who are the trusted people to whom we deliver our transactions.

A great example would be the steemtorch experiment which highlights the trust but also the speed among other things in this ecosystem.

Best of lack bud!

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steevc last year

We know Steem works, but the concept may be too radical for many to comprehend. The platform is by no means perfect and can be exploited for profit, but I would hope that enough of us can police it to keep the abuse manageable. It is the wild west, but has amazing potential.

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mindtrap last year

I just wish that people could use that very same creativity to find exploits, to build stuff so that we can escalate...

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mindtrap last year

Shared on the Twitterland

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almazzhr last year

every transaction takes advantage

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stefano.massari last year

I also think the same things about Steam but I don't understand why the price is so low

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mindtrap last year

You mean STEEM, right? :)

The price is an indicator of appreciation...for the time being it is an unappreciated asset...but for the time being only ;)

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stefano.massari last year

You are Right! I mean STEEM. My phone voice reader doesn't work weel.

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dalz last year (edited)

Not sure how many people around have real experiance with other chains ....

Bitcoin .... I have been buying BTC from locals ... you need to sit and drink coffee and wait the transaction
ETH .... sending eth from one account to other is decent ... probably 5 min .... buuuutttt... you pay fees ... real fees ... $1 ..$2 .... if you have used to your free steem transactions .... try eth and buy gas and see how it feels when you are use to the steem free and fast transactions
Games .... I have some gods unchained card ... trading them is much worst... put a sale order on Open Sea ... again first you pay fees as seller ... if your cards are cheap...it doesnt make sens to trade them at all. ...again when you are used to trading splinterlands cards smooth on steem this is a totaly complete oposite experiance
EOS... I have beem playing EosKnights last year.... all the time I had the low CPU issue ... cant transact.... low CPU... probably a few times per week ... the chain get busy and you need to stake more cpu...200$ dollars staked and still issues

I can go on and number more... all the above cold hard facts...

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mindtrap last year

Oh trust me...I know...It's them, the outsiders that still don't know shit...

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dalz last year

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wiseagent last year

@mindtrap

I'm sincerely hoping that people will realize that this is a very consistent part of a not-so-distant future!

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mindtrap last year

Not so distant future...Amen

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steemitboard last year

Congratulations @mindtrap! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You distributed more than 55000 upvotes. Your next target is to reach 56000 upvotes.

_{You can view your badges on your Steem Board and compare to others on the Steem Ranking}
_{If you no longer want to receive notifications, reply to this comment with the word STOP}

To support your work, I also upvoted your post!

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

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