What ive seen during my time here are people with very different posting habits. There are those that are very active in the community that post very rarely and then there are those that arent active at all and post very frequently. And then theres everything in between.
Ever since i stopped frequenting Discord i regularly post twice a day which i find pretty awesome considering there were times when i couldnt find myself writing 1 post a week. True story.
At this point in time it is extremely simple for me to come up with a post. All it requires is a second to come up with a title and the rest of the post just flows easily.
Ive gotten so good at piling up words one after the other that i feel i could go on writing a simple post about, basically nothing, indefinitely.
But thats something i feel at this moment. The question is how long can it last?
This isnt a “job” and i am not a “blogger”. Well technically i am, but i wouldnt call myself that.
Its something that i do for fun and glory.
So stopping isnt that hard. All it takes is not typing Steemit/Whaleshares into the google browser.
What if the price fell lower? Do you still stick around?
Well ive seen the STEEM price go as low as $0.23 while my posts were getting 20 cents on average. haha. And i still piled on post after post. I didnt even care when no one was reading my posts because i wrote for myself. And when my posts got read, and folks didnt like them, got mad and offended, i just flipped them off. (nicely. :D)
For some reason i just never feel like i should skip a day, take a break, and when i do skip a day, its because i was extremely busy and couldnt find a minute in the day.
Now i go and ask a question of the reader. lol
What would it take for you to get burned out? Low rewards? Bot nonsense? Stupid drama? No one reading your posts?
If youre spending time here now during this bear market, im pretty sure there arent many things that can burn you out.
Lately ive been thinking about centralized exchanges a bit more and found that most of them are basically parasites and crooks that crypto has a unfortunate dependency on. Not only that, but i firmly believe that beside being shady and corrupt institutions they are hurting crypto in another way.
They are slowing down mainstream adoption by catering to “big money” instead of project quality and the level of project adoption/user base.
Ive talked about it in previous posts that the majority of the top50 cryptocurrencies on MC have minuscule user numbers. Some in the top 20 with dapps registering circa 100 users in total.
I always point out ETC as the most ridiculous example of market stupidity. A dapp building platform that no one uses, that you can hack with 5000 USD, that is 18th in market cap and is listed on Coinbase.
How is it valued so high and has more then 180 trading pairs with a fair number of fiat pairs and stable coin pairs?
Because most exchanges look for only 3 things.
Volume.
Market cap.
How much you willing to pay for a listing?
When crypto is so dependent on crypto exchanges and crypto exchanges are only driven by short term profit and clearly (as seen from looking at stats by Blockchain Transparency Institute) do not care about the health of the ecosystem then it is safe to assume that they do not care in the slightest about mainstream adoption and the projects like STEEM that are capable of achieving it.
What would happen if STEEM had ETH market cap and was valued at 1 STEEM=46 USD?
Is there anyone here that is going to tell me that there is any shadow of a doubt that STEEM would be hitting 1 million users at this very moment? (if the technicals were in place which they would be with such high dev funding potential)
Is there anything that could change this around or are we left at the mercy of centralized exchanges? I dont know.
What i do know is that if this continues we could be seeing a massive crash eventually when the market realizes how worthless some of these crypto tokens are.
I didnt buy STEEM just because i thought it would rise in price. I bought it because its one of the few tokens that you actively use.
Let me know what you think. Should we torch all of them?
I say yes. 😀
In this episode our guest Jan Purkrabek, Minister of Finance, discusses:
1) How his Liberlandian spirit was born well before April 2015 2) The 2019 outlook for the Liberland economy 3) What excites him the most about the future of Liberland
There have been hundreds of discussions about bots and a broken trending page but after all the talk about incentives, moral corruption, greed what im left asking is:
Why not just separate the promoted content from the organically voted content? Or dont seperate anything. Simply create a organic trending page and leave the current one as is.
Would it really be that hard creating a filter for the various bots that exist? The vast majority is already listed on “steembottracker.com”. You can probably even filter out upvote selling services by following memos.
An upgrade to the system that could follow could be adding “views” to the content listing algo in a smaller percentage adjusted by how fast the user base grows.
Is this really that difficult to pull of?
Who loses from a change like that? Did you take anything away from anyone?
No.
Im fully aware that there are some morally corrupt individuals on this blockchain and that those people would try to abuse the system. But with such a system in place it would be incredibly easy to find those individuals that would act in such a manner.
Steemit isnt Steem. You have freedom @ned to change certain things.
Liberlandská ústava: §IX.5. Žádný zákon nesmí zkrátit právo vydávat a / nebo používat jakoukoli komoditu nebo položku jako měnu nebo poskytovat v tomto směru nějaký podnět, pokud nemá jakákoliv strana transakce právně zakázáno vlastnit takovou komoditu nebo položku;žádné ustanovení nesmí bránit veřejné správě, aby vydala svou vlastní měnu, pokud mohou být ve vybraných ostatních měnách splněny všechny finanční závazky ve vztahu k veřejné správě.
Peníze poskytují takovou výhodu oproti výměně, že jsou dnes pro fungující ekonomiku nepostradatelné. Moderní civilizace si již dávno zvykla na vládu nebo pseudo-vládní entitu, která vytváří a udržuje peněžní zásobu. Tyto zákonem nařízené měny skutečně ovládaly ekonomiku po celém světě během nedávné historie až doposud. Nedávno došlo ke vzestupu kryptoměn, ale zdaleka nenahrazují dolary, libry nebo juany. Vznikající Svobodná republika Liberland podniká kroky k podpoře širšího přijetí kryptoměn, jako je plánování vlastních ICO a přijímání různých měn za své služby. Budoucí státem vydávaná liberlandská kryptoměna (LLM: Liberland Merits) bude však jen jedním z libovolného počtu měn v oběhu v rámci Liberlandu: některé budou přijímány veřejnou správou a některé z nich nebudou, ale všechny budou legálně použitelné na soukromých burzách. Ve skutečnosti mohou být liberlandské merity více spojeny s občanskými povinnostmi a výsadami, než s běžnými burzami na volném trhu. Pokud se však LLM zaměřuje na vládní interakce, jak budou peníze poskytovány pro zbytek liberlandské ekonomiky?
Stručně řečeno, budou
zajištěny stejným způsobem, jakým je veškeré zboží a služby
poskytováno ve svobodné společnosti: vzájemně dobrovolnými
lidskými interakcemi na trhu. Bez měny s mandátem vlády – tištěné
nebo jinak vyrobené s právní povinností přijmout ji při
splácení dluhů – lidé budou mít možnost vytvářet nebo
přijímat libovolné měny, které si zvolí.
V průběhu času se
nabízela řada alternativních měn, ale většina vlád odmítá
peníze (a jiné služby), které soutěží s vlastními. Čína
zakázala ICO. USA stíhají muže za prodej Bitcoinu. Přestože
Bernard von Nothaus dostal poněkud lehký trest poté, co byl
obviněn z domácího terorismu za svou alternativní měnu Liberty
Dollar, Jonathan May byl několik let ve vězení za pokus o
vytvoření alternativy k systému Federálních rezerv. V Liberlandu
budou moci všechny kryptoměny volně konkurovat na otevřeném trhu
jak se soukromě vytvořenými druhy, tak i papírovými nástroji.
Domnívám se, že
liberlandské hospodářství nebude ovládat víc než hrstka měn.
Bitcoin bude vážným uchazečem, vzhledem k jeho současné
dominanci na trhu s kryptoměnami, avšak Monero může mít výhodu
se svým zaměřením na soukromí a svojí použitelností tak
širokou, jako Bitcoin, díky XMR.to. Někteří lidé dávají
přednost papírovým nástrojům, což by byly IOUs nebo směnky,
podpořené úvěrovou bonitou a aktivy jednotlivce či korporace.
Ti, kteří dávají přednost své měně, aby měli vnitřní
hodnotu, mohou používat tradiční druhy. Mince lze razit výslovně
podle výše uvedeného Liberty Dolaru, nebo kovové tyče a kolečka
vyráběné takovými společnostmi, jako jsou Kitco, Apmex a JM
Bullion, mohou být dány do oběhu jako měna. Podobně jako při
vydávání papírových nástrojů ve svobodné společnosti
reputace firmy ovlivní hodnotu jí vydaných mincí. Samozřejmě
stejně jako s vládní měny, mohou být papírové nástroje a
dokonce i zlaté a stříbrné měny vyměňovány digitálně.
Stručně řečeno, bez
vlády narušující trh s penězi, bude trh poskytovat různorodé
spektrum měn, které budou odpovídat potřebám a preferencím
všech spotřebitelů, a ekonomika Liberlanu bude prospívat s
konkurenčními penězi.
Theres this guy that is, what you would call, a crypto fanatic from just looking at his twitter feed.
Anyways. Aggroed shared on his blog that theres a guy that will get a tattoo of something from a blockchain card game depending on which game gets the most votes.
If you vote for Steem Monsters and share your vote on @aggroed post
Ill try and keep this short. As you folks already know there is this extremely developed dependence of Crypto on crypto exchanges. This dependence is so perverse that getting listed/unlisted can make or break a crypto project.
And of course, since crypto exchanges arent regulated they completely abuse that fact doing what is basically stealing. Falsely presenting financial information based on which they charge crypto projects disgustingly large fees.
Im not well versed in financial law, but even what they are doing isnt criminal activity, its fraudulent and unethical.
Very simply put:
Out of the top 25 BTC pairs on Coinmarketcap only 2 arent massively inflating volume according to blockchaintransparency.org
Apparently only Binance, Bitfinex and Liquid are legit. How does this fit in with market analysis when there are exchanges that have actual volume at only 1% of reported volume?
1%
Bold italic with the biggest heading.
There is simply no denying that centralized exchanges are parasites that pray on new projects and take advantage of them.
Data suggests that an average project spent over $50,000 in listing fees to exchanges on the advisory list (of blockchaintransparency.org) this year. This totals over $100 million stolen in 2018 via listing fees, with some exchanges making over $1 million from this alone.
If im honest i wouldnt even trust that Binance and Bitfinex arent doing shady things when you look at everyone else. Still, the list (if you decide to trust it. Cant trust nothing nowadays) absolves them.
It simply amazes me that after 10 years of bitcoin we are so dependent on centralized fraudulent institutions. And in crypto of all things. Isnt that something we wanted to escape? Something we are fed up with?
This morning i taken a look at the STEEM price and the Steemitblog account talking about MIRA and such. While ill be dissapointed if the SMT testnet doesnt launch on 15th of March its still nice to see them communicating with the community about what they’re working on.
So i was browsing a bit through CMC and thought it would be a good idea to look into some other blockchains with Dapp building potential.
Things like LISK (39th in MC), Zilliqa (36th in MC), ETC (18th in MC). What i found out is that barely anyone is using any of those blockchains. The projects ive looked at for most part havent updated their websites for months. The social footprint is extremely small. There are probably dozens of blogs on STEEMIT that get more attention and engagement then most of these dapps reddits/telegrams/discords.
It very much showed me that while we always talk about adoption, the market rarely considers it when determining asset value.
So i went to take a look at “State of the Dapps” once again to do a bit of comparison with EOS and ETH and i have to say that for a blockchain that has its problems and has a 30 times smaller MC then EOS and 100 times smaller MC then ETH STEEM is doing extremely well, looking at the user numbers.
I mean just consider STEEM at ETH market cap. 1 STEEM = $46. Which blockchain could compete with STEEM in users then?
With all the issues facing STEEM i just have to acknowledge how incredibly undervalued STEEM is right now. And im someone that will point out every single failure of STEEM.
After that i booted up my Discord (Oh, how i love thee) and went on the discord server of another dapp listing site.
DappRadar.
Was interested in seeing when they might list STEEM or if they even were considering adding STEEM to DappRadar. The mod there was pretty nice, considering how many folks must DM them on the daily basis. lol. Which surprised me honestly.
Why would you want your blockchain added besides EOS/TRON/ETH if your dapp adoption is extremely low? Do you want to show that the most used dapp on your platform of investment choice has 10 daily users? (Just take a look at ETC dapp listing site – dappdirect.net)
This is the response i got to my inquiry.
Of course, this could be just a vague answer, but the:
“We are actively looking into it”
fills me with some hope.
I love Stateofthedapps but i still think DappRadar has more detailed Stats and is used more. Even if you look at the Alexa rankings, DappRadar is placed much higher. 60k vs 150k.
I really think that we need to have STEEM compared to “the big boys” as often as possible, even if we STEEM isnt leading in most categories, to show that what they have at billions of dollars of market cap, STEEM has at 100 mil.