Article States That Justin Sun and Tron will Acquire Steemit
https://globalcoinresearch.com/2019/12/09/breaking-justin-sun-and-tron-to-acquire-steemit/
For the record, I am totally spreading an unconfirmed news report. However, it certainly is fun to speculate about it. I have no inside information and have not seen this story confirmed or denied at this time. Of course I consider the story and whether it is true or false. All news is good news!
For fun I decided to buy the rumor and picked up some Steem for the rumor pump.
According to Chinese media Mars Finance, Justin Sun is looking to acquired Steemit, a part blogging platform, part social network, that rewards contributors with Steem tokens. Steemit was created by Ned Scott and EOS founder Dan Larimer. The team launched the social media platform Steemit as the first application built upon Steem blockchain.
Personally, I would not mind if someone like Justin Sun who has visibility and assets purchased a controlling share of stake or perhaps the article means he might purchase SteemIt, Inc.
I also want to say the article is very scant on any details or facts, so it could totally be fake news. Also based on our branding it is hard to tell if it means Justin would try to acquire a controlling stake or the company of SteemIt.
In any case even if it is a rumor, it's a fun one. It would be an important merger/partnership between two projects which is exactly what I am expecting to see in the near future. Projects starting to combine resources, communities and other points of synergy.
In my opinion our biggest problem is lack of visibility and marketing and everyone knows Justin knows how to do both.
Sure will be interesting to see how the story pans out, I for one would be fine with the news, if it turned out to be true.
How would you feel?
All depends on whether or not our stakes will be invalidated.
Why on Earth would your stake be invalidated?
Wouldn't it be rather obvious for them to fork away with a new token once they have acquired Steemit Inc?
Invalidated is probably the wrong word.
I'm imagine the scenario where Justin would acquire STINC stake and use it however he pleases. Which is fair because it'd be his stake then. But, may not be as great when he could control consensus through witnesses. I suppose that could go either way.
Of course, there's also the whole "scare" of Chinese government coming in from the shadows and stuff.
From a more practical point of view, I guess I don't really care if it means my stake is worth more than it is currently.
There is one thing I'm a bit puzzled...why delist STEEM from Poloniex if he were to acquire STINC or Steemit.com?
Steem is a community and can fork away from a hostile takeover. That's why I don't think this rumor is true.
It doesn't matter if the community can fork away.
Rebuilding the connections with exchanges, etc. is not instantaneous.
Steem can't fork away.
We had this topic many times in steem's history, but we hadn't a single community fork.
Only competent and intelligent users leaving in masses..
Steem can fork away though, we didn't in the past because there was no reason for it.
Zumindest kein Grund der groß genug war um so etwas wie einen spaltenden Fork in Gang zu setzen.
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Nö überhaupt nich.
Dass eine dezentrale Plattform nicht wirklich dezentral ist, ist nicht wichtig genug.
Inwiefern willst du denn durch einen Fork die Plattform dezentraler machen? Und wäre etwas mehr Dezentralität es wert zu riskieren, dass die Chain sich spaltet? Imo nicht.
Absolutely. There are many ways tron could benefit that would not make for a healthy platform and he has the resources and following to go through with it.
But I’m just here for the ride, hoping for the best. That was a short pump...
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We just wait and see.
Now I get it, yeah there would be some unknowns for sure.
That soundtrack tho
Lol
I swear - Haejin is Justin Sun :)
Warum grosse Reden schwingen, wenn man es mit 26 Zeichen bis in den Wolfecast schafft?
Ganz großes Tennis!
!BEER
Hups?!
Danke für den Hinweis!
I'm with you @whatsup.
With this "News", I see STEEM pumping to at least $1
I mean SBD at $1
Well it’s understandable to me, why else would aggroed (name dropping to add more fuel to the fake news fire) use tron services for fundraising and accept tron via splinterlands if the witnesses and stinc weren’t wanting to sell to Justin.
Also makes since Tron is the one who will be partnering with SMTs to create a tron backed Steem token!
It would be a good way to compete with EOS to acquire Steemit before voice is launched on the EOS platform. Beats trying to compete with their warchest when you can just buy a proven product for cheap and use your marketing skills to improve its position.
I can do you one better since Ark has a presence on the platform. Tron is working with Ark and Steemit to “combine blockchains” so that when either platform becomes congested in the next bull run they ark will be able to figure out the cheapest blockchain to run the transaction on at that time and make it happen seemlessly allowing resources for either blockchain to be used by either blockchain and therefore integrating a tron reward pool on Steemit as part of the deal. Verified by no source whatsoever.
That actually sounds very good! That's precisely what should be happening a lot more often in the space. Blockchain projects should not be islands. I've been saying for years that interoperability is key if the sector wants to tackle real world problems and challenge legacy systems effectively.
I think some excellent partnerships NEED to take place in crypto. While the rumor seems to be petering out a bit, to me I love to take part in an important early merger.
Can you elaborate on how Ark is joining up with steemit? I am behind on the current crypto news. Thanks.
It was a joke. I was creating fake news.
Eos platform is called voice? When is it due to drop?
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Yeah EOS new social platform is called voice. I haven't heard any updates from the initial announcement besides they are still working on it. No release date as far as I know.
Release date for Voice Beta is February 14.
O nice thanks!
Valentine's Day ❣️
Steemit is not Steem.
Between @steem, @steemit, and @misterdelegation, Stinc has about 60 million SP. Add to that a few other accounts and X STEEM on exchanges. Some big accounts like @freedom are question marks.
Overall though, Stinc has ballparkish something like a quarter or maybe a third of outstanding Steem.
Yep! Also though we know they are operating very close to the margin. So, it could be a great thing.
Funnily enough I was just thinking about how a partnership with Tron would be good just the other day.
I mean look at the success of @splinterlands.
Tron is know for its games and a partnership with a blogging platform where players can post game reviews and walkthroughs. I mean really it just makes sense . And with the launch of SMT’s and communities on Steem as well as NFT’s on @SteemEngine , there really is no better time then now.
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Hold on! I was sure that Samsung will buy Steemit... How can Justin Sun buy something that is already sold?
@whatsup,
I think they mean $trdo instead of #tron lol :D
Cheers~
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