Haha. STEEM got poor gains these last few days compared to other tokens (I think we didnt even outperform BTC) and when the dump hits us we lose 11%. Good thing im starting to diversify my portfolio, moving some of my STEEM to other projects to reduce some of the risk. STEEM just seems to be slowly slipping. Outside the pump we had a few weeks ago when Bithumb opened transfers again, STEEM has mostly followed the rest of the market, but with poor gains and sharper drops.
March is a few days away and im hoping, finally, we will hear some SMT news. They promised the testnet on March 1. and as much as im skeptical that Steemit.inc will deliver, im hopeful just the same.
State of things.
I promised myself 3 things when i bought STEEM.
I will not hold Bitcoin!
I will not sell for fiat!
I will not cry if i lose all my money!
Haha.
So far im standing strong although every market shift feels like someone is poking me with a hot poker since i know im missing out by not doing smart and obvious trades.
Oh well, cant wait for another slow build up and sharp drop. Kudos for @enforcer48 for calling it. haha.
Those who know me know my position on Steem Monsters. That game is making me rich AF so i love it to death. hehe.
Today/Yesterday Steem monsters came out with an update which i think is probably the most significant one since the battles were introduced.
Tournaments.
Prior to the release of tournaments, Steem monsters did have tournaments that were organized for most part on off-chain sites (cant remember the name) and discord, but that made the whole experience tedious and annoying. You would have to shout out names in the discord chat, people wouldnt show up, then you would annoy @aggroed or @yabapmatt with questions and then theyd put timers on discord messages and then folks would mistakenly type in the wrong results, etc etc etc..
Can i please call this a win? Can i Aggroed, can i please? I waited for 20 mins already.
It was just supremely annoying and would take way too long. I played a couple tournaments but the waiting and not knowing when the next game will be was just boring and took away from the experience. But now we have a pretty UI.
The look of the Tournaments tab i think is perfect.
Shows all the necessary information.
Looks slick.
its extremely intuitive and you pick up how it works almost instantly.
The strongest part of this update is that you can simply jump in a tournament when ever you feel like when youre browsing your collection or doing your dailies. You just check the tournament list, see a tournament happening in 10-15 minutes, grab a glass of Whiskey (imperative) and just jump in.
I cant even describe how big of an improvement that is over having to jump between 10 screens, discord chat rooms, DMs, etc.
I was intending to try out a tournament today but i literally missed the check-in at 15:00 by less then 1 minute so all you get are a few screenshots this time.
Now that Steem Monsters has competition in the gaming department on the Steem blockchain i have a feeling that we will see a bit more innovation and quicker improvements which is always a good thing for the user base.
Side note: A birdie told me that some whales and investors arent really happy with some of the choices Aggroed and Matt made with Steem Monsters and a lot of them started looking towards DrugWars which could add some more urgency to the work Steem Monsters devs are doing.
Cant wait to see what happens next.
These last few days we are only getting good news. Hopefully Steem and BTS gain some more momentum in the market and my joy-meter will show FuLL. Then ill be able to treat myself with that bottle of Jack ive been eyeing on my neighborhood store shelf these last few days…
These last few days ive been seeing a lot of crypto-analysts talk of upward movement in the market.
I wouldnt call myself some that is well versed in Elliot waves or Fibonacci but i do hold that the market moves in cycles that can be anticipated to a degree in the log run.
I dont believe you can pin-point the exact moment of the shift to a high degree of success, but a general guess as to when it “might” happen, i think is possible.
What i like about the news these last few days is the “feeling” that things might shift. As much as im not someone that will bash something that i dont understand to the highest degree, i still think that when we are talking about long term upward movement happening, “general sentiment” is king here.
All these analysis might be self-fulfilling prophecies (i dont believe they are) since they could very well be acting as the trigger needed to turn the market around.
For those reasons there are only a small number of folks whose analysis i take at least somewhat seriously on STEEM. Most of them are using @timm. (https://mentormarket.io/)
Guys like Haejin give market analysts a bad name so many folks i know avoid them, but i can say that there are some great insight to be found on TIMM. Just a short disclaimer: Not everything is straight forward and some folks do make some generic price predictions, but once they think they are on to something you can tell right away.
Let me know what you think. Is there merit in all this talk?
As the title of post says i just switched to Whaleshares beta Version 2 and for most part i can say that i like the redesign as well as some of the new features.
Separate wallet app.
Im mostly indifferent when it comes to this change. My question being:
Why?
Does it add to wallet security?
Im used to having the wallet integrated and usable by having one password so maybe im questioning this decision because of that.
As i said… I dont mind it but i dont feel it adds much, if anything to my user experience.
New Profile page.
When i saw the separate wallet app i thought they removed my ability to view my Stake, mana, etc. on my blog.. Was happy to see the rewards tab.
The profile page looks very modern and the side bars seem very helpful.
Large improvement in that regard.
Now a few negatives…
Not being able to upvote a post unless i click, open and scroll through it is a big nono. I dont understand why you would add such a thing? Its a annoyance and affects user experience in a negative way.
The post image size on blog front page is WAAAAY too big. When you have images this large then its incredibly tedious finding a post you might be interested in that was written 7-8 days ago..
The complete focus is on the last post.
My suggestion here would be to either keep the newest post image size as is and reduce the size of all others or put a post list on the right sidebar.
For most part i like the change and even though the text dealing with the negatives might seem long, i still find this update to be extremely positive. I would still like to see some more features added. Pending payout/pending curation being one of them, or an upgrade to the text customization.etc.
One interesting thing i read on the VER 2 announcement i would love if someone would share more info on was:
Ready for Monetization/Ads (Future Update)
Im super interested in seeing how exactly this would work?
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Prompt / Theme: Have you played Steem Monsters today? Have you got a collection, or have you been holding off to see how much engagement automated tournaments bring? Share your experience.
Rules:
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Comment a reply directly to this post within 7 days. A genuine (family friendly) comment responding to the theme / prompt is required.
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Lately ive been thinking about the token distribution happening on STEEM and WHALESHARES.
For those that had an opportunity to read my thoughts on the current state of things know my position on what is happening right now on both platforms.
The biggest issue (outside development related things) both platforms are facing at this moment is pure, unchallenged greed or what you can call token accumulation maximization.
If i didnt call this “greed” and use a negative term for what is happening, most folks wouldnt see this as a bad thing. Thats mostly due to the topic being too broad.
The problem of greed we are facing basically means that the reward pool is tilted greatly on the side of maximizing accumulation.
So why is that bad?
Well for one it has a negative impact on the general sentiment on what is supposed to be a social media token redistribution platform, and it destroys what we call “proof of brain”.
Folks that did an analysis as to what percentage of the newly created STEEM goes to bots they came to a number of around 20%. Add to that upvote selling services, add selfvoting and circle jerks and you will get to a number indicative of the relation between accumulation and distribution. How much of the inflation creating potential of SP holders returns right back to the pocket of those same SP holders. I dont have the stats, but i think its fair to assume that its more then 51%.
Not only is this bad for the general sentiment, but its bad because by having poor distribution that also reduces the earning potential for new users which leads to diminished demand for the token.
What does that make of STEEM? @acidyo wrote a post the other day about how great it will be once we have a million accounts with $1 upvotes supporting their creator of choice..
My question to that is:
If the token distribution is happening in the way it is right now, with tokens created going right back to the creators in percentages of 50%,60%,70%, 80%.., the inflation reducing every year, how will there ever exist such a middle class here?
What if with that the STEEM price goes up? Who is going to pay 10$ for a STEEM token to potentially get a fraction of a fraction of the tokens that are not going right back to the pockets of selfvoters, circle jerks, bots, vote sellers?
So really, why have upvotes anyways? Why have content? Why not just get rid of all that and simply pay out 100% of the upvote token amount back to the SP holder?
Theres something about Bitcoin that attracts eccentric millionaires. First we had McAfee, which i would go ahead and say is less of an eccentric and more of a nut hehe, and now Elon is dropping in giving some more legitimacy to crypto.
Lets be honest, regulation is great and it is an important step towards mainstream adoption but without hype and respectable individuals talking about crypto in a positive way cryptocurrencies will never take off. Sure, Elon might be a slightly odd alien like person but there is no denying he is brilliant and respected.
Listening to what he said it seems that he really greatly values Bitcoin. I cant really see him saying anything more potent then this outside literally saying: “Down with fiat!”.
“It [cryptocurrency] bypasses currency controls. … Paper money is going away. And crypto is a far better way to transfer values than a piece of paper, that’s for sure.”
Of course he pointed out a few flaws, one of them being that POW is so energy intensive meaning that a company like Tesla, that is all for sustainable energy, would not want to adopt something like BTC.
I always then ask: “Why not DPOS?”
It boggles my mind that crypto enthusiasts dont realize the limitations such energy consumption creates for crypto.
Anyways… As i said, its good to see this kind of validation coming from folks in the mainstream. This is a guy that made millions from selling damn flamethrowers so when he speaks, people listen.
Getting Elon on our side was easy… When Warren Buffet green-lights Bitcoin, thats when you will know we are going to the moon. hahaha
They seem to be everywhere, watching our backs, waiting.. At the beach, at the park, outside your home when you return from work… What is their agenda?
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Prompt / Theme: Do you feed the gulls? Do you view them as a pest or have a more neutral stance on there gatherings?
Rules:
No Upvote, No Resteem, No Follow – just your responding comment required to enter.
Comment a reply directly to this post within 7 days. A genuine (family friendly) comment responding to the theme / prompt is required.
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In this episode our guest Conrad Freeman, Representative of Spain, discusses:
1) How he went from an email applicant, to hosting President Jedlicka at his flat and becoming the official Representative of Spain 2) Multiple ways to get involved and excited for Liberland in 2019 3) The EP he is working on for the Conrad Freeman Band
