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General Discussion / Hello 👋
« on: March 13, 2020, 11:59:11 pm »
How did BitShares handle the market crash?
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That is ridiculous! I guess that is exactly the (public) reaction they want. Too funny.... Someone from the steem team needs to confirm the 100k before I believe it
Hi banano,
while im not sure about vesting in bitshares/openledger. Puppies has put together a bot and tutorial for opening registering an account without linux which would allow you to create and access your wallet through steemit's website.
Puppies signup post: https://steemit.com/steemhelp/@dele-puppy/register-bot
You also might want to try out the steem slack channel: https://steem.herokuapp.com/
Im not sure if you can vest your funds from the steemit site, but that would probably be something people can answer in the slack channel.
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
The quantity of available/liquid STEEM also depends on the number of VESTS being withdrawn to STEEM.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.
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Your question is answered here:
https://bitcointalk.org/index.php?topic=1410943.msg14454864#msg14454864
Hmm, sorry to say, but that scheme sound a little iffy to me. If I understood it right, the founders not only gave themselves a bit of a mining advantage at the start, but also an almost factor 100 pump (in STEEM) right from the get go. Considering the critiques on ripple and nxt, that most likely will not make many friends in the crypto-scene. If a premine is a legal hazard, wouldn't this mechanic be a risky maneuver in that sense as well?
Do you guys convert all steem to vested? The conversion starts to be quite ineffective
My preference would be to eliminate all fees and SIMPLIFY the role of committee members not make it more complicated.
Specify what you mean with *all fees*
Who are these investors let in on the ground floor? Were they Brownie holders? I'm a brownie holder and didn't here anything about this opportunity.
YES what about brownies holders? I thought it is a BM asset... When bm wins brownies should rise! not?