He picks random coins and says they will go up hundreds or percent. All of them have the same growth prediction pattern and no research is done on any of the development of the coins. If you look at his success rate for predictions, you'll see it's way less than 50% meaning anybody could have done the same guessing and came up with similar results for predictions.
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You are right. It is rubbish.
But the fact is that there are many many MANY other that basically do the same.
I've seen users getting daily $100+ rewards for literaly saying the price of couple of coins every few hours.
No added value.
But then again, maybe that's just it. People are stupid we vote stupid things.
After all, most traffic on the Internet is not society-changing whitepapers about crypto, but rather cat videos and porn.
Meet humanity.
But what would we do if there was no porn or cat videos?
Just stop following these people.... if you want to get suckered into this garbage then be my guest.
But i agree. Better no garbage....
I feel the subject matter here shouldn't be attacked. He is doing what he knows how to do Best. Anyone could as well so the same !! it's so fine, what he he has been doing only catches the interest of a lot of people that is why he gets the upvotes.
He is filling up a Gap, many would snub any day.
I can guarantee you that even if you are 100% correct about something, calling the people you're talking to 'MINDLESS SHEEP' will not win you any support or sympathy. <3
Do you have any data to back up that claim? I have stacks of $ that say his hit rate is well above 50%.
To be fair, if you made literally any position in any coin in the crypto market the past months, you would have made money. While I appreciate @Haejin's work, it doesn't take knowledge in TA to succeed in crypto - whether that's a good or bad thing.
You are quite right, I would have made money either way, I would have made less on my own though, of that I have no doubt whatsoever.
If you work out the actual math, find out if your investments did better than you would have by buying in at the same dollar amount in all cryptos and waiting. I promise you, that method has never been beaten in the long run and the advisor you're listening to is only trying to boost his own personal investment - the one before your own. He's using you.
I am absolutely certain, it's not just a case of "oh @haejin says this coin will go up" and I bought it, I think I've done that once. I held when I otherwise would have sold, and I sold and moved positions into different coins on more than one occasion. Is it just that he influenced me to not be dumb? Maybe but nonetheless the information was valuable to me.
That is a bit beside the point in the context of my original response though. If it's so easy to make money in this market, how can his hit rate possibly be less than 50%? That truly would require skill. @ponts won't provide that data because it doesn't exist.
Here, (https://www.investopedia.com/university/advancedwave/) go educate yourself about the method he claims he have 15+ years of experience.
BTW, the best analyst on the financial market ever existed only had 68% of accuracy.
Make sure to read through all of it, and make your own conclusions.
I have no interest in debating the quality or wisdom of my own due diligence. I have made money as a direct result of advice from @haejin now you can choose to assume I am lying or that it was just a happy coincidence, I don't really care.
Look back over this thread, someone claimed that @haejin is right less than 50% of the time. That was the comment I responded to and a moron could see that is false. In fact as I have said elsewhere, right now in this market claiming that X or Y coin will rise in price and being wrong more than 50% of the time would require true skill.
you are right taking.........also right....................
l support you.............
I couldn't agree more, I actually just wrote a post about this exact idea - Crypto is working for everyone in it (for the most part), what's stopping other people from joining? How can we improve crypto literacy?
With a fast rise in the value of bitcoin, i think many people have got attracted towards it. Since bitcoin value increased from 100$ a few years ago to some where around 20000$ right now, I think many people are hoping the same with other currencies as well. Thus are buying anything that is cheap. This in return giving success to every crypto currency even if it was dead for a long time.
Do you want someone to hold your hand and walk you through his posts!? Literally anyone can look at his blog and come to the same conclusions. I'm not saying that the coins he picked haven't gone up in value. I'm saying that his predictions are purely made up, and that he is wrong more than half the time.
It's not me that needs the hand holding, I read almost all of his posts and watch the videos, and have done so for quite some time.
Again do you have data to back your 50% claim? Saying it more than once doesn't add credibility.
what thanks.
This is absolutely not true. It is very easy to check how many times he has picked the coins that go up the most. I think only a blind man will deny Haejin's skills, but whatever. I choose to follow him, you don't and that's fine. I only can't understand the reason for jealous posts like the one from berniesanders - nobody forced me or any of the Haejin's followers to upvote him - we are just being thankful for what he does.
Absolutely.. He is taking steps a whole lot of people out there won't find a substantial reason taking.
Crypto literacy will improve exponentially as people lose money. Literacy will happen through experience.
Thanks for the information. I was looking into his stuff and couldn't really wrap my head around it. That said, a few people seemed to have made tons of money using his methods.
He uses, elliott wave. It's a bit complicated but it's a great way to analyse stocks or crypto's. I use it too. But he does it with random coins...
Please, educate yourself a bit here (https://www.investopedia.com/university/advancedwave/)
Yes most people who learned how this thing work are cashing out by the second!
TIAB
Its so frustrating. I joined steemit as a photographer with the hope that quality content might rise to the top. I guess all platforms are subject to abuse but it does make it frustrating.
Sounds like the typical trader. Not being able to outperform the market or in this case Bitcoin.
oh my gut
Let me drop my comment here - so it'll have the chance of getting a wider reach.
I'm neutral right here and I'm not supporting anybody, but lemme just speak my mind.
For me, anytime I see a post calling for the Flagging of another person's post, it just speaks:
Centralization
and
Censorship
to me, which I tought we were all against.
It's my opinion tho.
Peace
You are very right
JAJAJAAJAJAJAJAJAJAJAJA
Fuck off kela
Most of his coins that he uses for his blog are community request. Someone ask for TA on the coin and he obliges. Not his fault some people are in coins that are perceived as shit coins. He is obliging what is asked of him. The coins that, if you read majority of his blogs, he believes in are excelling greatly and are of a 90% success rate.
For anyone to make any contributions it's worth whatever those voting says it's worth. Isn't that the whole essence of decentralization.
People voted his contents and Bots so i do not see any reason to castigate the man. We do so many thing for different reasons, most times for same reasons but our approach differ hence the variety of life.
Thank you @ponts
This is an interesting community here, i realized that reading this post. As it is very clear that, where there is politics there is good reading and laughter. This is my first ever comment by the way, had to start somewhere. Looking forward meeting many of you.
I agree with you
Right.@ponts To me it doesn't even matter whether his predictions are right and precise or not. This is not even the point. We need to underline the need for limits to be put in place in order to prevent a single user from being able to gather such a large percentage of the rewards pool. If a single user is allowed to gather that much power, what happens when they decide to cash out one day?
Who decides on the limits? How does that work when 98% of STEEM is owned by less than 1% of the accounts.
STEEM is much like Venezuela. If you are part of the in crowd you can do OK, if you are not in favor of the "current government", you are going to get steemrolled.
Sorry for the mixed metaphor.
Indeed. I love the idea of steem but the ninja mine may have doomed it from the start.
Yes, but i think you are addressing the wrong point here.
The problem is not his content. Shit authors will always have his followers (Twilight anyone?), but the issue here is the system abuse. Check the first bernie post about this, and some facts posted there.
It's clear who the "kiddie" is here. An actual threat of violence, really? You have the dubious honor of being the first person to ever receive a flag from me.
@miltrado Nobody doubted the importance and value of his content, however the steem community's best interests aren't served by allowing a single user the ability to achieve such a percentage of the rewards pool. What if they decide to cash out one day? The reward pool is about building the platform, not allowing a single user the ability to destroy it.
In other words, limits have to be put in place. Otherwise the future of Steem is at stake. This whole thing makes the idea of the platform look farcical.
Highest Regards
@lordneroo
Is that @haejin fault? haha ... maybe steem needs to update their software, instead of taking pitchforks and torches to his place
@overcome I never said it was his fault, I have great admiration for the guy not only because he is educated and approaches the matter scientifically, but also because he offers his knowledge for free.
We are actually discussing in order to figure out what's best for our favourite platform's future. We're not here to judge or blame anybody. It doesn't even matter whose fault it is to me.
My initial comment raised some serious points concerning the platform's future. I would appreciate your input concerning those vital points as well. I'm a fan of @haejin as well. This doesn't mean I would agree with him gathering 0,6% of the rewards pool.
Highest Regards
@lordneroo
If STEEM is the best idea you have, on ways to make money in crytpo market, you need to do a lot more research. The steemit.com site has some information that could be useful to you in the regard
Yesh, maybe put him onto @haejin, I hear he's done some solid crypto analysis :-P
@mitrado I do not approve of flagging anything unless it's plagiarism. I believe in freedom of speech. Therefore, I wouldn't agree with kicking out anybody either.
Concerning your investments, only thing I would advise you is to trust your personal instinct and gut feeling.
Best of luck!
freedom of speech is not being impacted. Freedom to claim rewards would be closer to the truth.
other side of the coin!
I'm pretty sure an update would just make things more complicated for newbies
How is he not building the platform? I looked at a couple of his post and he has over 6,000 views, lowest comment cout I saw was 398, highest was 800+, so he either brought a shit load of people over to steemit, or thousands of people find his information useful. I myself do not care how much a person makes if they are making from generic votes from the users and not buying votes or doing a lot of self upvoting. Look at bernies page and the amount of "Reward Pool" rescue post he has made and how much "Money" he has taken from the Reward Pool. he is not making these post for altruistic reasons, if he did he would "decline" payout on all of them. He makes these post for one reason and one reason only- they make HIM MONEY. And I actually no longer have a problem with that, I did initially, but people like his content and vote it just like people like the subject of this post content and vote to give him money.
Merry Christmas
shoulda made a system that didnt have that flawwwwwwwww!!!!!
Gosh, I sure hope the price can hold if you cash that out.
Here is my point of view for consideration.
Those who are consuming his trading advice can upvote him. He will be motivated to have followers that are powering up and that are good for the Steem economy.
Not everyone cares about trading advice and $600k a month is a bit much for the reward pool to sustain at this time.
I hope he stays and I hope you all get rich with his trading tips and if he requires that much money to motivate him maybe you all can tip him for his advice.
In the meantime, those of us in Steem for the long haul will try to protect some of the reward pool. It isn't personal.
All posts are open for 7 days, for both upvotes and downvotes.
Welcome and enjoy.
Protect it? By taking it and putting in their own pocket?
I do see the irony of "protecting the reward pool via a $1000 post. On the other hand the guy he is flagging was taking more than that a day.
I don't think you have been here long enough to tell others how they should act.
It is a free blockchain open to those who can handle it. Decide if you like it or not and choose to understand the dynamics or move on.
The choice is yours, nobody is going to beg you to stay, and there is nothing we can do to control the Bern. Most of what he does is for the good of the blockchain. He just doesn't use nice words. Your eyes will not burn.
@mitrado I'm not the one to advocate Bernie or anybody else or their actions. I never even stated I agreed with their course of action. Try addressing those individuals and they might respond and let you know their thoughts.
I just did let you know mine. The blockchain is about liberty and there can be no liberty without freedom of speech.
bye bye
You realize this is a farmed profiles defending him . There is noway there are 1,000 faceless profiles all of sudden appearing around here. Unless he paid for all their accounts ?
thanks for you.......your information right.......
No, it doesn't work that way. It isn't easy to sign up on SteemIt. It isn't bullying it's going wtf is going on around here. If you think criticism is bullying you got a lot of waking up to do. Since you like to use terms loosely around here I think reward pool raping is robbery.
I for one came her because of haejin.
This war looks like school yard bullying.
If you dont like his stuff, ignore it.
If rewards are imbalanced thats a platform fault...
Right. These guys are hating not only on haejin but on people like me who support him and his content. People claim his analysis isn’t real and he guesses but everything i have done and gotten into has earned e what he predicted. There is no point in flagging my comments or attacking me if your beef is with haejin. @berniesanders is a bully who used his power and BOTS to silence all comments against him. And watch. He will downvote my comment with his BOTS now and try to ruin my reputation while doing it. He claims to be about preserving the platform but he is destroying it by silencing comments like mine. This was supposed to be where you can post anything. There are few rules here and I’m not spamming.or breaking any rules but i will be attacked
Precisely, Mitrado. If someone wants to get a bigger share from the pie one just needs to be better - people will follow him/her. The rest is just masked (or not that much) jealousy.
Can you come up with an example or suggestion of how steem's algorithm can be improved?
Well, i thought that has been address with hardfork 19? Vote power has been exponential before this but now it's linear. That's the fairest configuration available.. otherwise whales are not incentivised to keep their steem in steem power. that wouldnt be good to steem.
Major fundamental issues with how rewards are managed on steemit.com. Fatal flaw in the design of the system, leads to whale wars and flagging wars and ....
will ultimately be a limiting factor on the price of STEEM.
Take your investment money elsewhere.
Play around on the forums if you find content you find interesting