:) @ph1102 ... well no, the place is addictive, thats for sure , otherwise i would have been wise to sell what i had when it dropped to $3 and move on. I know most places have a bad rep for greed but the current concept of de-centralization is nothing like what satoshi intended. It's also nothing like bitcoin has (who ever heard about one guy with 1000 bitcoins downvoting someone on the network and making them lose theirs ?) the neo-chains are marketing The original concept was freedom and de-centralization. I know especially EOS has a real bad name for that and i read they once already blocked accounts , like *locked out* ON SUSPICION of ..something something ... which means theres nothing de-centralized about it, if a handful of people can decide that and you have zero protection against it ?

i need a second to google this but i think all the others have a hard cap, while steem has none.

https://www.coindesk.com/120-million-vitalik-proposes-cap-ether-cryptocurrency-creation

https://www.reddit.com/r/eos/comments/6mnbcl/what_is_the_eos_coin_maximum_supply/

a bit of google says TRON has a max supply of 99 billion coins

BTC afaik still has the original 21 million set

if that doesnt say anything by itself, Vitalsky seeing the light on top of that ...

The problem with the ninjamined pool is that no matter how much people buy, there's a huge supply to regulate the price ... lately it seems to be pushed to 12 cents and the moment it tops $0.14 someone somewhere triggers against some wall or walls and down it goes so in essence buying now is pointless unless you know how much there is in waiting. Stands to reason they wont sell all of it, but it also stands to reason that you wont get 7000 euros for a steem 10 years from now as there will be more coins than people on the planet

one thing would be to STOP the block producing and only produce steem the moment someone buys it (talking STEEM here, not steem-it , a bit of a problem, emperor Steemit as the absolute ruler of the illusion of de-centralization) but even if, the pre-mined pool would still be there and the very few mini-whales (you cant really call someone a financial whale b/c they have a million steem, right, thats like wallstreet kiddieboo)
so those people can regulate the price ... about two years ago i saw some big accounts talking on how they would 
*dump their supply of liquid steem to bring the price down* because of a few people who kept voting on each other, something reallly petty

a few months after it started

and it was screwed for everyone

then ApocalypseFork 21 made sure only the ones on top are still making money off of steem itself
they killed the bidbots, promoted tokens (which is monopolized by the same few as they own steem-engine which is actually a *registered* DEX) and now tokens are the new bidbots lol so i think they will be labelled bad too in one of the next forks because the underlying problems never get solved

- non-decaying witness votes
- a supply thats out of control in the hands of a few disgruntled control freaks
- the people of steemit who seem to have absolute no touch with reality, the way they talk about *the masses* and mass-adoption, lol. It's like they have never seen facebook or twitter and expect *the masses* to adapt (to them) instead of adopt and the other way around and
and and

and :p

(and so and such)

also : the opinion of 500 people is worth less than the opinion of one if each have 1 dollar to vote with and that one single peep has 501 dollars to vote with so you dont get public opinion (which means VERY un-attractive to advertising as they need stats on what people want not 'gud content as seen by a few 15percenters')

and so and such ... (i usually dont reply anymore

also cos when i do i tend to end up locking down the internet with the size of my posts but

it has vast potential but in the end its a pack of affiliate marketeers using 'crypto' as a magic word and blockchain fashionistas who would tell you you need to comb your hair with it because that is how its done ... 

:D

and merry christmas and may 2020 bring more fruit than this year and all that

<a href='https://youtu.be/1gHUWp7b9nI'><img src='https://res.cloudinary.com/ddxo40bkm/image/upload/v1552045282/rootpage/lol5.png'></a>

Yeah but it is a leader in decentralized social applications on a blockchain, it's just not very convenient to use for purchases compared to other crypto's and that needs to change, hopefully the IPN can help with this, when it comes around, stay awesome and Merry Christmas.<div class="pull-right"><sub><a href="/@steemreply/steemreply-stay-in-touch-with-your-steem-network">Posted with ![](https://cdn.steemitimages.com/DQmbroYujK9LNd2s8zDKPUCADmseyJDuNbhwBPrrF7xM8FL/logo-comment.png)</a></sub></div>