RE: Should Steemians Get Worried: @steemit Account is Powering Down
Hello, Stef,
thank you for sharing your thoughts on the PD of @steemit.
I just trust that your second, better, theory is correct.
Why should Steemit Inc. ruin what they have built so hard through @steemitblog? In the first 100 days, the team has done (and certainly still does) a great job, for the first time we have seen the "authorities" taking care of their community.
The diary game and its shopping variant were useful to gain many new users. But even Steemit will notice that the masses participate because they are promised good rewards. The masses of interested readers and investors don't come like this because it's boring to read the same kind of articles all the time. The Steem needs individuality, creativity, uniqueness to convince. With the distribution of the curator accounts to users who are concerned with tracking down exactly this good content (art, music, literature, science ...), Steemit was in my opinion on a very good path. I think (and hope) the team realizes that it won't work without the Steem's individual pearls and will do everything to keep them from migrating.
Warm regards,
Christiane
Thank you Christiane for sharing your thoughts about the situation. Like you, every thinking person may come to such conclusion because it is something that sounds reasonable as result of hard work that is done until now with the aim of retain people. But like everything is this life we are often get disappointed with some crazy and not rational decision of those who are at in charge, as example Brexit, Trump, management of Corona. I am just get used to be wrong and that is so frustrating.
Nevertheless I am glad you have shared your thoughts here and I only people not only simple users like us but also whales with bigger stakes will read and see how many people are still here on Steemit, having trust and loyalty. Wishing nice week, Stef1
hi @chriddi
I just posted my opinion on current power down done by @steemit. Check it out and share your view. I'm personally not very concerned and I explained why in this post: https://steemit.com/hive-175254/@crypto.piotr/do-we-have-a-real-reason-to-be-worried-with-recent-steemit-account-7mln-sp-powerdown
cheers, Piotr
If I'm completely honest, I don't feel like any more speculation - why, why, why - until Steemit does not express itself. If they say nothing? Then I guess it's none of our business and we'll see what happens. That money belongs to Steemit, they can do what they want with it.
That's true.
However, if anybody does anything with such a huge stake, that can have an impact on the value of your or my stake, as well.
Combined with the lack of any official information about the purpose of the power down, that means everybody must decide themselves how and if to react.
I cannot give you any advice, because whatever I think or conclude isn't based on knowledge but only pure speculation.
Perhaps my comment is a little misleading due to its brevity. It's clear to me that what's happening around the steemit stake also affects our stakes, I'm not naive about that. But I don't want to act based on pure speculation (there are already many theories) and certainly not panic. So instead of thinking a lot or reading a lot in advance, I will wait for a statement from Steemit or watch what might happen to the liquid Steem coins already today. I do not hope that my possible reaction is already too late by then.
Did you also read my comment to Stef1? It might tell you what my first thought impulse was. I just don't believe that the owners of Stinc want to ruin themselves and us on purpose.
Dear @chriddi
I actually agree with you. If I were running Steemit Inc, then I would probably power down myself and transfer funds to exchanges and then from those exchanges to several previously created Steemit accounts. That would allow me to process without people commenting every little action I do.
Yours, Piotr