Viewing a response to: @organduo/are-you-mining-steem-engine-coins
I have one LEOMM, not because I think it's a good investment but because it's an experiment to see how it works. These mining tokens are extremely risky, the first few owners will get lots of tokens and less will be granted per mining token as more mining tokens are staked. We also don't know what the price of LEO, PAL or other tokens will be when there are a hundred different community tokens in a year from now. I don't invest in something unless I can calculate an expected return and I invest for the long-run. These mining tokens are not investments. These tokens are for speculation. If you are not involved in the community it is also not recommended to mine the tokens as you don't benefit from staking tokens and we can't expect a stable sales price . Steemleo is for investment topics, I can't take someone seriously if they post about investments in one post and brag about bong hits for WEED tokens in the next one.
| post_id | 77,683,918 |
|---|---|
| author | financialadvice |
| permlink | pucb6o |
| category | investing |
| json_metadata | {"tags":["investing","steemleo"],"app":"steemleo\/0.1"} |
| created | 2019-07-08 20:20:48 |
| last_update | 2019-07-08 20:20:48 |
| depth | 1 |
| children | 4 |
| net_rshares | 0 |
| last_payout | 2019-07-15 20:20:48 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 932 |
| author_reputation | 154,881,661,891 |
| root_title | "Are you mining Steem Engine coins?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
Everything is an experiment here. We're creating a new economy. I don't smoke weed but wanted to mine some of their tokens. Feels like a sandbox to me where you can fail inexpensively. Posted using [Partiko Android](https://partiko.app/referral/organduo)
| post_id | 77,684,236 |
|---|---|
| author | organduo |
| permlink | organduo-re-financialadvice-pucb6o-20190708t202846244z |
| category | investing |
| json_metadata | {"app":"partiko","client":"android"} |
| created | 2019-07-08 20:28:48 |
| last_update | 2019-07-08 20:28:48 |
| depth | 2 |
| children | 1 |
| net_rshares | 0 |
| last_payout | 2019-07-15 20:28:48 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 255 |
| author_reputation | 173,780,082,874,936 |
| root_title | "Are you mining Steem Engine coins?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
That's a great way of looking at it, if you are just playing with money here that you don't need and treat it as a hobby, you have nothing to lose. You don't have to smoke weed to enjoy its benefits, I don't browse those tags and stick with investing and Steemleo.
| post_id | 77,700,867 |
|---|---|
| author | financialadvice |
| permlink | puct65 |
| category | investing |
| json_metadata | {"tags":["investing","steemleo"],"app":"steemleo\/0.1"} |
| created | 2019-07-09 02:49:18 |
| last_update | 2019-07-09 02:49:18 |
| depth | 3 |
| children | 0 |
| net_rshares | 0 |
| last_payout | 2019-07-16 02:49:18 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 264 |
| author_reputation | 154,881,661,891 |
| root_title | "Are you mining Steem Engine coins?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
It's a long term investment. If you believe in the owner and the site and it sticks around 3 years from now and you are still mining you should make that money back and then some easily. This is the goal with any "investment"
| post_id | 77,684,417 |
|---|---|
| author | bitcoinflood |
| permlink | pucbr8 |
| category | investing |
| json_metadata | {"tags":["investing","steemleo"],"app":"steemleo\/0.1"} |
| created | 2019-07-08 20:33:06 |
| last_update | 2019-07-08 20:33:06 |
| depth | 2 |
| children | 0 |
| net_rshares | 0 |
| last_payout | 2019-07-15 20:33:06 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 225 |
| author_reputation | 618,174,535,405,345 |
| root_title | "Are you mining Steem Engine coins?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
The word could is preferable to should, 'should' indicates that it is probable that you will make money investing in this when it is probably not the case. You cannot call these mining tokens a long-term investment as there is no profit model yet. You simply get tokens that may or may not be worth something someday. Misleading investors about the potential of a speculative digitalized asset is unethical.
| post_id | 77,700,675 |
|---|---|
| author | financialadvice |
| permlink | pucsz7 |
| category | investing |
| json_metadata | {"tags":["investing","steemleo"],"app":"steemleo\/0.1"} |
| created | 2019-07-09 02:45:09 |
| last_update | 2019-07-09 02:45:09 |
| depth | 2 |
| children | 0 |
| net_rshares | 0 |
| last_payout | 2019-07-16 02:45:09 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 408 |
| author_reputation | 154,881,661,891 |
| root_title | "Are you mining Steem Engine coins?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |