If he cashes out at the right time what will happen is that the network is going to growth in a democratic manner, without a few accounts holding most of the steem power.

This would mean that the "Steemit Project" has produced a new social network, a new cryptocurrency and a new market. In this case it would be absolutely fair for all the people who worked to startup this project , to gain a decent amount of money, dont you think ?

All the effort and love that's built this project going to waste to a cashout. We wouldn't be the scammed ones. The creators would be scamming themselves the most.

I don't believe for one second these guys are the type to take a quick buck. They would've taken it two weeks ago, if they were. 

Strong hands make strong walls and foundations for this place to flourish for years to come. Think big; the sky is the limit!

From what I understand... Both the founders, ned & dan, have virtually all of their STEEM vested as **Steem Power**. It takes 2 years (104 weekly payments) to convert Steam Power into STEEM, the tokens which can be sold on an exchange. So they could only cash out 1/104 of their STEEM per week. And since it's a transparent public blockchain, everyone would notice if they started cashing out. Kind of like if Satoshi Nakamoto were to spend his bitcoins.

this is absolutely true. But the big players, if they want to give real value to what they are doing, must be very careful in their upvotes.

Moreover, if a post is decent and has 50+ upvotes from "small accounts" it is very likely to be noticed in the "hot section".

I expect many kind of business types are going to grow, for example "talent scouting" to find original content :)

And I hope I will be able to start an italian steem community, so that I will be also able to write in a more proper language, as my english needs a lot of improvement :P

At first I was quite skeptical about steemit especially because the use of the word power also much used in ponzi cloud minning sites. after I read more about steem and steemit I am now relieved. I will definitely recommend this new kind of social network to friends in brazil and switzerland.

@cabi5boh can you tell me why you down voted my comment? Thank you.

They have invested with their work and sharing their knowledge. They are powering down and cashing out, because many people is willing to "buy" steem to invest in Steem Power.

I will try to answer to your question: interesting contents are increasing on Steemit, and every person that uses some social network has an advantage in starting using Steemit. So why no new user should come in? the only explaination could be that Steemit has 1 billion users. In that case we will see a world very different from the world we are living in, because our society is influenced in terrific why by the money creation based on debt!



I explored this topic deeper in this post:
https://steemit.com/steemit/@freiheit/is-steemit-our-occasion-to-save-the-world-of-course-and-we-ll-have-to-enrich-ourselves-while-we-do

Sorry if my engligh may have a couple of mistakes, I hope to improve right here :)

so you are just here to waste your time because you don't have anything better to do.

Sick life bro :P

Btw, steem is not going to devaluate, until all the world will use steem. Then we will realize that an increased quantity of money circulating, if distributed in a fair way, will not develop inflation, but an increased quality of products.

Suggested read:

Steem Whitepaper :)

nonononononono... thats not how it works.

if one start converting a lot of Steem in Bitcoins right now he would cause the Steem to lose value in the short term.

If this project is going to have success (becoming a competitor of Facebook, Reddit, Twitter), those people who sold out their steem power would have just made a bad business, while the ones who bought it would have made a nice deal :)

This happens thanks to the steem/steemdollars/steempower system.

We also have to keep in mind that it's our interaction that is producing value. We produce this value everyday but google/facebook/amazon etc literally steal us this value. And they have to do this because of the economy based on debt, that forces the economic actors to maximize their value in the short term, because there is always a debt to repay somewhere.

totally agree :) congrats for your work here on Steem!

I am curious with how Steemit ultimately make money, beyond getting more and more investment to buy steem.

Will a marketplace garner that much revenue? Adverts? Or maybe once Steemit get influential enough, large entities (corporate or commerical) will muscle in and hoard in loads of SP so that can sway the opinions of the collective.

Until there is real value generated AND sold then what is it?