Do We Need A Hard Fork To Disseminate The Founders 80% Of Pre-mined Steem Power (SP) Across ALL Steemit Accounts Equally?

in #steemit8 years ago (edited)

This is one way we can rescue the Steem price from falling below it's lowest level price of $0.31 this morning.

We must act soon before the floor falls through to the 20s!

The hour is indeed late my Steemit friends.

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I'm sure this would have no unintended consequences, like completely ruining confidence in Steem because it could be forcibly redistributed at any time.

Pre-mined cryptos have been reversed before, but it is rare. I don't know whether it was malicious (initially) or just plain ignorance - who knows??

at-least decrease it to 1 - 5 % of all SP

Yeah! Agreed! 80% is WAAAAAAAAAAAAAAAY too high!!

(that 80% is in just 215 founder accounts!)

$10 million has fallen out of STEEM's market cap in 24 hours! OUCH!!!

Sounds like Ethereum to me! Mk II.

For noobs: Ethereum was another crypto-coin that was dogged with issues similar to Steemit.

I agree, we need to do something or the Steem price will be $0.10 before Xmas!

I wonder what the Steem price will be at the Steemfest in November??

According to the SAR dots on my monthly trading charts - with extrapolation = $0.15! We need action QUICKLY!!

. . . November . . . . . . December . . . . . .

Buy all your xmas presents on peerhub using steem!!

Sounds like a good idea to me!! You'll be getting a small Steemit sticker! LOL!

Steem power is the only thing that matters.. All powers within the blockchain will be able to shapeshift back and forth whether it's steem power or steem missles.. click click click Steemit will never fail and only suprise!!

If Steemit will never fail, then why can't the price rise? Surely there is another factor at play??

I agree @mindhunter The 80/20 rule may end up hanging Steemit if some kind of balance and fair order is not restored.

The constipation of that 80% requires release - bad energy to hold it all in man!

This is a VERY interesting proposal. LIKE. Up-voted and Resteemed!

I hope all your followers like the Resteem.

The constipation of that 80% requires release - your solution could be the enema!

SPLLLLURGHHHH! (shits all over walls!)

Marxism can be a messy business!!

MASS SP POWER DISSEMINATION COMPLETE!

(I'll fetch the baby wipes! LOL!)

The Business Cat speaks:

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