steem coin is overpriced
just opinion about steem coin
sorry guys,
i was ready buy stack of coins, but after deeper looking in to it,
i find this coin too expensive and not enough liquidity for him,
hes trading only in bittrex, but what about poloniex ?
coins price is 80k sat. and market cap 18.5M $
in this stage is too much, i could bet in next months, maybe in next two price will be not more than 10K sat.
For now, just use steemit, don't worry about buying the coin. You'll quickly learn more about how steem works (it's a popular posting topic at this stage of the game) and then you'll be able to make a more informed decision about whether to buy any. The economics of Steem is a complicated beast and is not subject to easy analysis, so give it some time before making a real decision on its investment potential. But enjoy the site in the meantime, and definitely take advantage of the low-hanging fruit of profits you can make just for posting original material (no investment required, other than your time).
i will take this bet ... welcome a board. U should start with reading the whitepaper to get a bigger picture .. just take a look at www.steem.io or explore steemit.com more ...
also i would tag this post not to DAO but #steemhelp #steem
Give it a try, i would bet u will get addicted soon...
Hope this helps :)
There is no need to bet. You buy, he doesn't.
i like this idea, i like this project
but as coin investor / trader its looks too expensive
and i cant see use for steemcoin, when is most of them coming trough CPU coin mining. they are going dump everything to cover theirs costs
there one user can directly reward authors ? do like donations
anyway, project still beta they have long way ahead..
i hope this projectswill succeed
but im still not buying that coin, sorry
From your post, you clearly have no understanding of Steem so not buying any is a really good idea. If you want to improve your understanding, cass has very helpfully suggested you might read the whitepaper. Good luck.
Ok, missed that part "capital contribution"
but when SP will be converted in to STEEM in two years, there is can be no steemit anymore and your capital is locked for two years u cant withdraw. is very interesting but very risky when there 99% of coin/blockchain projects are dead in 6-9months. and if not mixing was few very similiar projects to steemit.
but yes, steemit atleast working.
p.s. dont think wrong about me.. i like this project very much and think if cards played right its could be big ... at least not smaller than twitter
In my opinion, vested stake or SP increases the chance of Steemit's survival. You sacrifice liquidity for influence and higher rewards. Also, you have a greater responsibility. I hope you have a play in Steemit, contribute and earn some steem. I appreciate that buying lots of Steem right now is not for you....and that is absolutely fine! :))
okey, i read it whitepaper...
and im still not sure i understood right..
so for example im bought sume steem for 1 bitcoin, which is now something about 1100 steem,
im powering up to steemit and then im going to have 1100 steam power and im not going be able withdrawn them to steem for 2years, yes ?
but what about that new steem power which i will earn/mine in steemit? they will be locked for 2years also ?
or this new created steem power will be available to withdraw ? in what terms ?
sorry, if thats question repeats.. but couldnt find anything where easily explained
#steemhelp #steem #steemit
once you power down you get 104 equal payment until you are out completely. Miners are also paid in SP so this way, we make sure they have a stake in the game.
but when is power down? after 2years ?
No, otherwise it woild take 4 years to liquidate everything.
I suggest you get on #slack with ua for a discussion in the #price channel. :-)
Ok, but then when i cant expect to my power down after when i deposit steem ? and starting earning ?
and how others getting paid ? like in that https://steemit.com/steem/@arhag/post-payout-snapshot-for-june-2-2016
this project is new.. so when they got theirs power down ?
one more question .....
i cant buy steem by my self in bittrex and deposit steem ?
there in only option is do btc deposit which converts (buys by price at the moment) and then you get steem ?
#steem #steemhelp #steemit
Yes, is very overpriced.
Enjoyable post I was about to post a similair thread. I do believe most coins are currently overrated. But the future lies in blockchain. Does anyone know about: https://www.coincheckup.com For a complete crypto analysis on every single tradable crypto out there.