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RE: How much lower does it need to go?
If you were a whale, would you consider growing your wealth? Or would you do the "right thing?"
If you were a whale, would you consider growing your wealth? Or would you do the "right thing?"
I would grow my wealth by doing the right thing ... by allowing steemit to work as it was meant to work, instead of reducing my wealth by skewing the results
it's not about doing the right thing, it's about mathematics; the whales consume 90% of the voting power, which skews the results and that's why their wealth is vanishing as snow in the sun ... it's about the facts!
look here;
http://steemwhales.com/smooth
smooth lost more than $1.000.000 in the last 30 days ... they're not growing their wealth, they're fucking it up!
Welllll the whales that create new users and up-vote themselves do grow their wealth. I will check it out!
take a good look at the stats; the price crashed, users are leaving, posts are down ... nobody is creating any wealth, we're all losers here
I'm still making money here. I don't think that is losing...
well, it's about the big picture ... and I still believe that in the long run it will be ok, but only because I'm here to kick some ass and fix it ;-)
http://steemwhales.com/charlie.wilson
Good point. The price got so high that the rewards were unrealistic before. We can still make rewards but for some of those who were around when the price was $5 it can feel like like the whole building is crumbling... When in fact it's not a building falling, it's more like a hot air balloon coming down slow as it needs to because we can't keep our head in the clouds forever!