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It is not a scam. It is how the "Promoted" tab works. You can read about it here.

The SBD that gets transferred to the "null" account will get destroyed by the blockchain. It is publicly verifiable.

People who understand how block-chains work. There are a lot of smart people out there who know how to do this. If the money was going somewhere instead of being burned, there would be hundreds of people who would notice and post all over the internet about it.

yes i am sure like the hundrends who noticed about the clones

LOL! , Null is the account for promoting. All sd that is sent to @null is burned. no one ever gets to use those sd ever again.

i didht understand a word you said,can you explain what you mean

With a little searching you can find the answers. all in this link made back in August. https://steemit.com/steemit/@steemitblog/introducing-promoted-content

people post topic articles . However people can pay extra for priority advertising, this is optional. This steem dollars is sent to the NULL account (that is the name) over time that promote money is simply destroyed and that is proven by watching this money lost on the public blockchain transfer record...

Yes its proven like its proven that there are 200 clones here

Do you realise there are now about 100k accounts.
If only 200 accounts were clones it would be amazingly low compared to pretty much every other site.

I DONT KNOW HOW MANY CLONES ARE THERE ,ONLY THE SCAMMERS KNOW THAT

Look ; please consider this , I am a human somewhere on planet earth. I am assuming you are also on planet earth, yet I do not know you. Nor do I expect you to ever give out private information. . . Steemit has Bots, or artifical robots that interact here to make money for their human masters.

Even if Steemit is no legal or is a scam how would you be involved in that ? have you given them your address or bank account or credit card? are you recruiting more people onto Steemit to enlarge their organisation or what.

I myself have taken 5 Steem and turned it into BTC (bitcoin) on a completely separate website. I can now take that BTC and turn it into cold hard cash that I can go shopping with. Now why would a scam or whatever actually give me money ? ? ?

Maybe I am wrong but i always thought scams were about taking money in, not giving it out to complete strangers. Just enjoy Steemit and always be wary online ; I assume everyone here is some ten year old kid in another country . . .

Just guard your private information and let Steemit do whatever steemit is doing, but just because you do not understand it does not mean it is wrong or bad. And since no one is asking anything of you how are you affected , is someone going to think you are part of all this personally ?

not likely because no one knows who you are . . .

Just the opinion of a complete stranger who is going to always remain a complete anonymous stranger . . .

When you give someone the promise that you pay his posts and you give him nothing in return and you take all the money yourself letting the fools working here for nothing,thats considered a scam

So what you are saying is the NULL account is another way to move the steem around and take it out of play. I'm sure it gets burnt all right. or maybe re invested through yet another ghost account hmmmmmmmmmmm.

They play with people ignorance they invent new ways to disapear the money from steemit.How idiots they think we are...

so why burn your steemit?

Its only burning SteemDollars. thats what happens to promoted posts. if you use sd to promote a post, then those SD get burned. they did that so no one person can get rich off of the promoted. It's weird , yet makes perfect sense.

Thats what you say,and i call it mambo jumbo,smells scam...

https://steemit.com/steemit/@steemitblog/introducing-promoted-content
Nope not a scam, its right there on the blockchain. you can see the sd in the null account will not move, it just stays there till they burn it.

it just stays there untill the group of scammers take the money you mean

Well leave steemit then, if you dont trust it. Your choice! It's a free world! :)

Everything is visible on the blockchain, and the null account has no keys and no way to recover funds.

You can see this for yourself here if you wanted to actually understand instead of just talking out your ass https://steemd.com/@null

You've cracked the case it's all a scam run while you can (@ausbitbank)

But its the new facebook,we will all get rich,no dont go, we need writters here:)

Have you looked around ? We have no shortage of actually talented writers here.
If its all a scam feel free to leave.

I see you like very much the place,i see you have got 3000 in your 2nd post,whose clone are you?

Yes. I made something valuable and gave it to the community and got rewarded for my effort. A tool that I'm still developing months later..

Fuck me, right ? I must be @dantheman 's sockpuppet account.

Your tactic seems to be to just bitch constantly and show your ignorance about the basics of the platform whilst insulting everyone involved.

If this is all you plan to ever contribute to the platform - feel free to gtfo.

I'm done speaking to you, and I'm choosing to mute rather then flag. You should at least try to understand wtf you're rambling about, you're embarrassing yourself.

Peace out, good luck with your bitchfit

wE HAVE SOMEONE HERE WHO CLAIMS HE HAS SOLVED HIS MONEY PROBLEM FOR LIFE ,AND HE IS HERE ALL DAY (AS A CLONE) WRITTING HERE TO MAKE A LIVING
i ONLY SEE SOMEONE(CLONE) WHO MADE A SITE WITH HIS FRIENDS AND YOU ALL SHARED THE MONEY

I missed the part where anybody claimed they solved money problems for life ..
Would be great news, we're pretty much on the poverty line now. Stop talking about shit you do not understand.

So you stopped writting yourself as ausbitbank and you write with one of your clones krystle

it is common knowledge what NULL does . . .

yes ,ok you persuaded me

plus some significant names have added their voice to Steemit ; one is Apple ! ! !

I find it unusual such huge names would not be certain of this platform called Steemit : )

You have 1253 posts and you earned zero money,so i think you should be the first to wake up and leave this site,I imagine from what you say,the '''how to draw an ear post''' which earned 1500 dollars has more value than your 1253 posts.iF so after 15000 posts maybe you will thank me for my advice.

You just had to push my buttons further didn't you. Flagged for calling my partner a retard, after repeatedly failing to listen to any of the people trying to help you. Just fuck off already.

one of your clones,you mean

Nope, I mean my de-facto wife and mother of my children.
Both of us have done intro posts with verification photos but I guess that didn't show up in your extensive research into these issues. You've already dropped 3 reputation points from my flags, wtf are you doing ?

yes if you look at some of profiles that get the major votes and $$$. and trace their wallets you will see some gifts of over 10,000 worth of steem ect. I think the owners/operators and some investors are moving this currency back and forth to accounts and posts to make it look like its a viable and active currency. I now believe the posts that make 1,000 dollars and up are dummy accounts or investor accounts ect. And all of us mules they pay pennies if we are lucky to help drive the site and build traffic, so what is steem really worth? What ever you make it look like I suppose. its all a illusion :)

So you say that steemit is a scam,i dont believe that...:)