I think they will be forced to change their accounting out of the sheer ridiculousness of their ranking of Steem vs the rest of the market.
Can somebody explain me how the supply changed in one day from 334000 STEEMs to 402000 STEEMs?
It is 25% in on day! I thought the dilution per day is about 0.3% (113% per year)...I am sure I am missing something :)
(https://4.bp.blogspot.com/-tOmfq1jrN50/VxiCQx7wlsI/AAAAAAAADlc/h75Hz7ejzMcRJf01q1Vo7ytnC0MAEpPvwCLcB/s1600/steem_dilution.png)
I thought the point of Steem was to attract users to trade a hot new token on OpenLedger, and they just use Bittrex instead? >:(
I thought the point of Steem was to attract users to trade a hot new token on OpenLedger, and they just use Bittrex instead? >:(
Unfortunately Bittrex open Steem trading first. >:(
I thought the point of Steem was to attract users to trade a hot new token on OpenLedger, and they just use Bittrex instead? >:(
I thought the point of Steem was to attract users to trade a hot new token on OpenLedger, and they just use Bittrex instead? >:(
What do you mean "they" just use Bittrex instead? Do you understand that any exchange can list any token at any time, as long as the blockchain is launched? All an exchange has to do is have a wallet, enable deposit and withdraw in their UI, and issue an IOU token on their platform. There's nothing the devs of a token can do about it. Having said that, it's hard to understand how OpenLedger was beaten to the punch by Bittrex.
Can somebody explain me how the supply changed in one day from 334000 STEEMs to 402000 STEEMs?
It is 25% in on day! I thought the dilution per day is about 0.3% (113% per year)...I am sure I am missing something :)
(https://4.bp.blogspot.com/-tOmfq1jrN50/VxiCQx7wlsI/AAAAAAAADlc/h75Hz7ejzMcRJf01q1Vo7ytnC0MAEpPvwCLcB/s1600/steem_dilution.png)
The quantity of available/liquid STEEM also depends on the number of VESTS being withdrawn to STEEM.
VESTS can be converted to STEEM in 104 equal weekly payments, so spread out over two years.Can somebody explain me how the supply changed in one day from 334000 STEEMs to 402000 STEEMs?
It is 25% in on day! I thought the dilution per day is about 0.3% (113% per year)...I am sure I am missing something :)
(https://4.bp.blogspot.com/-tOmfq1jrN50/VxiCQx7wlsI/AAAAAAAADlc/h75Hz7ejzMcRJf01q1Vo7ytnC0MAEpPvwCLcB/s1600/steem_dilution.png)
The quantity of available/liquid STEEM also depends on the number of VESTS being withdrawn to STEEM.
So vesting is not a 2 year lock? Penalty for early withdrawal?
VESTS can be converted to STEEM in 104 equal weekly payments, so spread out over two years.Can somebody explain me how the supply changed in one day from 334000 STEEMs to 402000 STEEMs?
It is 25% in on day! I thought the dilution per day is about 0.3% (113% per year)...I am sure I am missing something :)
(https://4.bp.blogspot.com/-tOmfq1jrN50/VxiCQx7wlsI/AAAAAAAADlc/h75Hz7ejzMcRJf01q1Vo7ytnC0MAEpPvwCLcB/s1600/steem_dilution.png)
The quantity of available/liquid STEEM also depends on the number of VESTS being withdrawn to STEEM.
So vesting is not a 2 year lock? Penalty for early withdrawal?
Say you withdraw 104 VESTS, once per week you will receive 1 * STEEM/VESTS ratio STEEM. Right now that ratio is around 55 I think, so you'd get 55 STEEM.
Sent fra min MotoG3 via Tapatalk
I haven't read much about steem and haven't fully grasped the concept it seems. If it is a social network how can it be the 3.0 / superior model? Isn't BitShares an exchange/bank, etc? It seems it has much more potential in terms of the market it is. Can both even be compared? Isn't it like comparing apples to oranges?Apples and oranges!
Just to set things straight here. I was asked weeks ago if I would be ready to have an article put through on STEEM via Forbes. I was also told that OpenLedger was meant to be first platform to trade STEEM.
None of this has happened, and whatever is the reason for BiTTREX to be the first, you all need to take up with the people orchestrating this, meaning @dannotestein @bytemaster @nedscott
I am enjoying to help promote BitShares and OL on top, but as I have mentioned in previous threads whenever there is a hidden agenda and i feel someone here have been playing on many horses and really made a bad impression on it all.
I hope it will improve soon in terms of how communication has been presented, and I hate to waste my own time and anyone else's for that matter thinking we are on the same page, when in fact someone has already witten the end of the story on his own.
Just to set things straight here. I was asked weeks ago if I would be ready to have an article put through on STEEM via Forbes. I was also told that OpenLedger was meant to be first platform to trade STEEM.
None of this has happened, and whatever is the reason for BiTTREX to be the first, you all need to take up with the people orchestrating this, meaning @dannotestein @bytemaster @nedscott
I am enjoying to help promote BitShares and OL on top, but as I have mentioned in previous threads whenever there is a hidden agenda and i feel someone here have been playing on many horses and really made a bad impression on it all.
I hope it will improve soon in terms of how communication has been presented, and I hate to waste my own time and anyone else's for that matter thinking we are on the same page, when in fact someone has already witten the end of the story on his own.
@ccedk
Just tell us when deposits and withdrawal's are allowed on OL and we will take of OPEN.STEEM after that... don't worry!
Just to set things straight here. I was asked weeks ago if I would be ready to have an article put through on STEEM via Forbes. I was also told that OpenLedger was meant to be first platform to trade STEEM.
None of this has happened, and whatever is the reason for BiTTREX to be the first, you all need to take up with the people orchestrating this, meaning @dannotestein @bytemaster @nedscott
I am enjoying to help promote BitShares and OL on top, but as I have mentioned in previous threads whenever there is a hidden agenda and i feel someone here have been playing on many horses and really made a bad impression on it all.
I hope it will improve soon in terms of how communication has been presented, and I hate to waste my own time and anyone else's for that matter thinking we are on the same page, when in fact someone has already witten the end of the story on his own.
@ccedk
Just tell us when deposits and withdrawal's are allowed on OL and we will take of OPEN.STEEM after that... don't worry!
10 hours ago receive 100.000 STEEM from dele-puppy open.steem:dele-puppy
11 hours ago receive 1485.000 STEEM from remembering open.steem:americansilver
11 hours ago receive 15.000 STEEM from remembering open.steem:americansilver
13 hours ago transfer 249.500 STEEM to riverhead
19 hours ago transfer 499.000 STEEM to riverhead
21 hours ago transfer 806.174 STEEM to riverhead
1 day ago transfer 932.182 STEEM to riverhead
1 day ago receive 41.000 STEEM from bunch-of-steem open.steem:lafona
1 day ago transfer 393.995 STEEM to blocktrades
1 day ago transfer 1050.535 STEEM to xeroc
Just to set things straight here. I was asked weeks ago if I would be ready to have an article put through on STEEM via Forbes. I was also told that OpenLedger was meant to be first platform to trade STEEM.
None of this has happened, and whatever is the reason for BiTTREX to be the first, you all need to take up with the people orchestrating this, meaning @dannotestein @bytemaster @nedscott
I am enjoying to help promote BitShares and OL on top, but as I have mentioned in previous threads whenever there is a hidden agenda and i feel someone here have been playing on many horses and really made a bad impression on it all.
I hope it will improve soon in terms of how communication has been presented, and I hate to waste my own time and anyone else's for that matter thinking we are on the same page, when in fact someone has already witten the end of the story on his own.
@ccedk
Just tell us when deposits and withdrawal's are allowed on OL and we will take of OPEN.STEEM after that... don't worry!
Is it not already? I thought actually it was made possible a few days ago. Pls test it. Its hard for me to do much on this, as I have received very limited information all in all.
Just to set things straight here. I was asked weeks ago if I would be ready to have an article put through on STEEM via Forbes. I was also told that OpenLedger was meant to be first platform to trade STEEM.
None of this has happened, and whatever is the reason for BiTTREX to be the first, you all need to take up with the people orchestrating this, meaning @dannotestein @bytemaster @nedscott
I am enjoying to help promote BitShares and OL on top, but as I have mentioned in previous threads whenever there is a hidden agenda and i feel someone here have been playing on many horses and really made a bad impression on it all.
I hope it will improve soon in terms of how communication has been presented, and I hate to waste my own time and anyone else's for that matter thinking we are on the same page, when in fact someone has already witten the end of the story on his own.
@ccedk
Just tell us when deposits and withdrawal's are allowed on OL and we will take of OPEN.STEEM after that... don't worry!
Is it not already? I thought actually it was made possible a few days ago. Pls test it. Its hard for me to do much on this, as I have received very limited information all in all.
@bytemaster
@Bytemаsteг
Can you take care of this? (or somebody they listen to you)
I don't see any option to deposit or withdraw. Even if there is a way it is not easy to find.Please give the option on top of the page of each pair...
Update your GUI to the latest versionJust to set things straight here. I was asked weeks ago if I would be ready to have an article put through on STEEM via Forbes. I was also told that OpenLedger was meant to be first platform to trade STEEM.
None of this has happened, and whatever is the reason for BiTTREX to be the first, you all need to take up with the people orchestrating this, meaning @dannotestein @bytemaster @nedscott
I am enjoying to help promote BitShares and OL on top, but as I have mentioned in previous threads whenever there is a hidden agenda and i feel someone here have been playing on many horses and really made a bad impression on it all.
I hope it will improve soon in terms of how communication has been presented, and I hate to waste my own time and anyone else's for that matter thinking we are on the same page, when in fact someone has already witten the end of the story on his own.
@ccedk
Just tell us when deposits and withdrawal's are allowed on OL and we will take of OPEN.STEEM after that... don't worry!
Is it not already? I thought actually it was made possible a few days ago. Pls test it. Its hard for me to do much on this, as I have received very limited information all in all.
@bytemaster
@Bytemаsteг
Can you take care of this? (or somebody they listen to you)
I don't see any option to deposit or withdraw. Even if there is a way it is not easy to find.Please give the option on top of the page of each pair...
Why STEEM inflation so high?There will be ~500M STEEM at the end of the first year.
you can see graphs diverge.
that is inflation so high
http://coinmarketcap.com/currencies/steem/
You may have to refresh the wallet in the browser, i did not see it until today after I refreshed.
Why STEEM inflation so high?There will be ~500M STEEM at the end of the first year.
you can see graphs diverge.
that is inflation so high
http://coinmarketcap.com/currencies/steem/
Then ~100% inflation every year.
Why STEEM inflation so high?There will be ~500M STEEM at the end of the first year.
you can see graphs diverge.
that is inflation so high
http://coinmarketcap.com/currencies/steem/
Then ~100% inflation every year.
(https://sp.yimg.com/xj/th?id=OIP.M1322de402c9c985ba309a41ec134d398o1&pid=15.1&P=0&w=300&h=300)
Why STEEM inflation so high?There will be ~500M STEEM at the end of the first year.
you can see graphs diverge.
that is inflation so high
http://coinmarketcap.com/currencies/steem/
Then ~100% inflation every year.
(https://sp.yimg.com/xj/th?id=OIP.M1322de402c9c985ba309a41ec134d398o1&pid=15.1&P=0&w=300&h=300)
STEEM is going to fall to .3 cents like BTS. Don't buy it until then.
Dat inflation.
Why STEEM inflation so high?There will be ~500M STEEM at the end of the first year.
you can see graphs diverge.
that is inflation so high
http://coinmarketcap.com/currencies/steem/
Then ~100% inflation every year.
(https://sp.yimg.com/xj/th?id=OIP.M1322de402c9c985ba309a41ec134d398o1&pid=15.1&P=0&w=300&h=300)
STEEM is going to fall to .3 cents like BTS. Don't buy it until then.
Dat inflation.
Just to set things straight here. I was asked weeks ago if I would be ready to have an article put through on STEEM via Forbes. I was also told that OpenLedger was meant to be first platform to trade STEEM.
None of this has happened, and whatever is the reason for BiTTREX to be the first, you all need to take up with the people orchestrating this, meaning @dannotestein @bytemaster @nedscott
I am enjoying to help promote BitShares and OL on top, but as I have mentioned in previous threads whenever there is a hidden agenda and i feel someone here have been playing on many horses and really made a bad impression on it all.
I hope it will improve soon in terms of how communication has been presented, and I hate to waste my own time and anyone else's for that matter thinking we are on the same page, when in fact someone has already witten the end of the story on his own.
LOL. Very interesting indeed.Why STEEM inflation so high?There will be ~500M STEEM at the end of the first year.
you can see graphs diverge.
that is inflation so high
http://coinmarketcap.com/currencies/steem/
Then ~100% inflation every year.
(https://sp.yimg.com/xj/th?id=OIP.M1322de402c9c985ba309a41ec134d398o1&pid=15.1&P=0&w=300&h=300)
STEEM is going to fall to .3 cents like BTS. Don't buy it until then.
Dat inflation.
You are wrong my friend...you should read more about the "Indestructibility of Steem's 'market cap'*"
Below are the (increasingly incorrectly called) 3 rules .... "3 rules of steem market cap":
1. Even if the price of steems falls 10 times, steem's market cap stays the same (or grows!!!!)
2. In year #1 even if the price of steem falls 50-70x, steem's market cap stays the same or grows.
3. Steem price just cannot fall fast enough to offset the new steems, at 9x new steem for every new steem - steem's market cap stays the same or grows!
4. Even if the only buyer of steem is at 1sat... simply there aren't any sellers...so "steem's market cap stays the same or grows"
PS
'market cap'* here is defined as follows - whatever BM fined as 'fair definition of market cap".... no need for the shares/coins to be available in the next 365 years to sell to the market... as long as BM deems them "part of the MC" those shares are in.... currently at 11 Mil USD MC and growing.... Can you dare outpace us? BM grows the steem market cap at 9X for anyone who "even thinks at selling at todays price ...or 90% lower for that matter.""Cause you simply cannot sell fast enough...we just print them faster!"