Quote from: Chris4210 on June 04, 2016, 12:48:13 pm

I am working on the Website and currently thinking about the right design structure plus a way how to fund the front end developer. I first want to be 100% sure to get a voter in, because i don´t want to waste 160€ for a empty worker. I do not have spear funds fur such a deal. So before we think about a big rebranding, let us use what we have so far. Refaine our core values and talk to our core target group.

You should have posted this to STEEM.

And for the morons who think that the Steemit posters will lose value of their bitUSD (STEEM backed crypto dollars are the same thing) relative to USD as they go to cash it out on July 5th,  I have to laugh and realize that not even some of the BitShares faithful know that the concept of:

"the  value of 1 bitUSD can always be sold for $1 USD" is true

But for these people who are afraid that the value of bitUSD will fall relative to USD I will do you the favor and do your homework for you:

On July 5th the value of STEEMPOWER will fall as the STEEM backed dollars are pulled out of the system.  Sorry but the concept of smartcoins has been around now for years and when you act like it does not exist, it kind of makes me feel like a genius and realize that if the BitShares locals still have not learned what the heck a "smartcoin" is then...... (do the math)(early adopt much?)

How is the value of the bitUSD (SBD) going to hold it's value during this predictable exodous?  By barring the doors of the STEEMPOWER holders (and taking their money and giving it to the curators). 

Duh.. "smartcoins"  hello.  STEEM is a simplified fork of BitShares not a more complex one (no shorting/margin calls etc).  Wake up class, life is passing you by.

ELI5:

STEEM - It's just a BitShares fundraiser

As far as branding goes.  Let's keep the "BitShares" brand of smartcoins, but since our DEX is so kick ass performancewise, I do believe that we should start calling it:

"The DEX"

It is after all the first and only place that I know of where you can create and trade smartcoins (those things that many around here still fail to admit the existance of!)

Quote from: gamey on June 04, 2016, 04:20:56 am

You just need faith. Dan and Stan bringing faith based blockchain solutions to the masses.

God bless us. Chuckle.

It is stunning how much you young ladies are sounding almost EXACTLY like the nattering ninnies who were laughing at me for spending $5 "real" dollars to buy "virtual" Bitcoins in 2011.

Chuckle.

For the record, steemit currently uses the same ranking algorithm as Reddit.  Rich whales do not dictate what you see.  Just who gets paid. 


Sent from my iPhone using Tapatalk

Yes Reddit historically hasn't had more advertising and censorship due to fear of negative user reaction.

A well known case study was apparently Digg, a Reddit predecessor which went from a $200 million valuation in 2008 to being sold in 2012 for $500 000 after a negative reaction to an advertiser friendly redesign and censorship. https://en.wikipedia.org/wiki/Digg

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Protesting at the removal of the upcoming news page, the default setting of "My News", deleted favourites, the apparent front page domination of a handful of publishers, and the removal of the "bury" button (for voting down stories), Digg users flooded the front page with links to rival aggregators and pleaded with chief executive Kevin Rose to turn back the clock.

https://www.theguardian.com/technology/pda/2010/aug/31/digg-redesign-revolt

Since 2015 Reddit has introduced a lot more censorship to make their site more advertiser friendly, more prominent advertising and a much larger advertising team but this has resulted in negative reactions that have driven traffic to competitors. https://en.wikipedia.org/wiki/Voat

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In February, 2015, following accusations of censorship on Reddit, a surge of Reddit users created accounts on Voat.[18]
In early June, 2015, after Reddit banned five of its subreddits for harassment—the largest of which had around 150,000 subscribers[19][20]—many users of Reddit began to create accounts on Voat.[21] The influx of new participants temporarily overloaded the site, causing downtime.

Even with recent changes I think Reddit are only projected to make $20 million in revenue in 2016 and may still be in the red and given that the highest valuation they've raised funds at is $500 million it's hard to justify Steem's $30 million valuation imo especially as they have a no/low revenue model and have additional costs of paying content curators, creators and sometimes voters. Plus they're also paying to acquire users at the moment. So I personally think their users might have a low/no/even negative value in terms of how serious investors will value them. 

There's a similar product based on Ethereum coming soon which I haven't looked into much...

https://bitcoinmagazine.com/articles/censorship-free-social-network-akasha-aims-to-tackle-internet-censorship-with-blockchain-technology-1464810249

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the project gradually evolved into something more interconnected and social that could be compared to a decentralized Medium or Reddit.

They plan for users to earn ETH from content creation. http://akasha.world/

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Moreover, the votes are bundled with ETH micro transactions so if your content is good you’ll make ETH from it – in a way, mining with your mind.

I have a feeling being based on ETH and being launched in a more transparent and crypto-currency community perceived fair way they've definitely got a good shot at gaining some initial traction & I'll be interested in looking at the business model regards how revenue for content creators etc. is created.

gamey is right, restristricting the ability of large shareholders to vote should be our number one priority right now

and I am not just talking about Steemit whales

Rich people should have their property confiscated so that they have less influence on the voting public and then the world becomes fair again (finally).

 Lets have a vote to find the cutoff point for this property confiscation initiative

Once we agree on how much STEEM we should steal from the rich, then everyone will suddenly leave Reddit in a mass Exodus and flock to STEEM to post about Bernie Sanders