steem doesnt need investors to pump and dump, it needs buyers of ads to monetize the site, it needs users, it needs businesses and services like @likwid which took peoples valuable time (I guess time is an investment too :D )
Investors just push a few buttons, users and developers who put in priceless time are giving up something much more precious. Money is cheap anyone can send money, but time development tools, like @likwid for example give steem blockchain a lot more than some flash in the pan investor. With Likwid we actually had a team spend their TIME which they cant get back and now all steemians can get likwid payouts (which really helped authors after curation went up to 50%)
So a service and development helped steem a lot more than some investor.... if we had less speculators and more value adding services like likwid we could have more businesses to buy steem not as an investment but as a utilit :)
I've invested more than I care to admit. Likely not as much as others though.
Ok, sorry to hear, to me the statements made about the "pre-mine" were important in my decision to invest.
steem doesnt need investors to pump and dump, it needs buyers of ads to monetize the site, it needs users, it needs businesses and services like @likwid which took peoples valuable time (I guess time is an investment too :D )
Investors just push a few buttons, users and developers who put in priceless time are giving up something much more precious. Money is cheap anyone can send money, but time development tools, like @likwid for example give steem blockchain a lot more than some flash in the pan investor. With Likwid we actually had a team spend their TIME which they cant get back and now all steemians can get likwid payouts (which really helped authors after curation went up to 50%)
So a service and development helped steem a lot more than some investor.... if we had less speculators and more value adding services like likwid we could have more businesses to buy steem not as an investment but as a utilit :)