But this is wrong? You cannot buy SP with Steem that entire arrow is extraneous. {correction I was wrong about this, see below}
Btw a Bitcoin maximalist used this chart to outline Steem as a Ponzi:
I disagree obviously.
But this is wrong? You cannot buy SP with Steem that entire arrow is extraneous. {correction I was wrong about this, see below}
Btw a Bitcoin maximalist used this chart to outline Steem as a Ponzi:
I disagree obviously.
You sign up, you blog, you get paid. That's what most people will do. There's no financial accusation that one can launch against this. There's only gain involved. You start with zero and try to make something.
Cryptoinvestments are a different animal altogether, and there is not a single cryptocurrency, BTC included, that has not been labeled a ponzi, a pyramid, etc.
Completely agree. It's reductive to absurdity. Everything that goes up is basically a Ponzi through that lens. Tesla, AMZN, Scty, AAPL, goog, Enron, etc
lol, even if the chart is not from peterez, at least he used it as something helpful instead something used for blaming :)
Do you mean the Power Up arrow? It's here to denote that STEEM is converted to SP by means of Powering Up
The deposit arrow from BTC to SP. That is not a transaction that it is possible.
You can deposit BTC and buy Steem Power directly using the "Deposit" button on Steem Power in your wallet.
Hunh you guys are right, I stand corrected I just checked that out. Thanks!
@blocktrades lets you do it.
I stand corrected!
It is possible through blocktrades, I believe. The chart should probably show that it's talking about using blocktrades.
Thanks, I stand corrected.
Disclaimer: I am just a bot trying to be helpful.