RE: Steem: to burn or not to burn?
Hi @marlyncabrera,
Will I make any difference by setting 25% of my rewards to @null? Will a thousand of us make a difference by setting 25% of our rewards to @null?
...the answer to that is no, not in the same maner like when all the big fishes and amybe the witnesses too wil do so, because the mass of the STEEM coins is lying there in their accounts.
so it doesn´t make sense to call fro the poorest accounts here to be part of that because after they have burned some they will have non for voting or feeding their families.
We got thist issue some times in the past also lots of discussion but nothing happend, if all the big accounts (with more than 5k steem will take part in such an event with 25% of their earnings only thus would be a lot of steem going on in dust and steam to bring the price up.
But at least we are in a market cicle not only Steem, mostly all the coins actually there is so much rumor in the world what intends to influence the markets negativ, so why working against a force what is set up from outside of our crypto universe ?
Waiting fpr the price to come up and fire out as much posts "now" to accumulate steem at a low price would make much more sense, never operate against the market will there is a saying in the world of the exchanges and investments "the best deals will be the ones when nobody else will buy" !
So that´s our chance instead of burnig senseless steem for nothing, we could make more posts to get more steem which will be worth more in the near future (that was many times before the same, believe me), or the ones who are able to buy actually steem could do so and accelerate the price with this actions with the same effect but for all of us including the tiny accounts ;)
un abrazo muy fuert desde Andalucía (Spain)
Thank you so much, @don-t. What I can conclude from your reply is that the solution is two folded. 1. We must get Steem: a. produce posts to earn Steem and also b. buy Steem to benefit from the low price--if possible. And 2. Organize and unite the efforts of the fittest accounts to send their % to @null.
Thanks again and un abrazo fuerte para ti también, desde Venezuela :)
Gracias a ti, eres muy bienvenida ;)