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RE: How the Steem pyramid scheme really works

in #steemit9 years ago

This side of the story needs to be heard and it is shame that downvotes have been placed upon it (that may silence this view). I found out about this post from Tone Vays on Twitter: ~~~ embed:761975587451928576 I would like to hear more about the role Steem Dollars play into this and now that they are trading in the 80cents range if you think that is a sign of things coming apart. Thanks for taking the time to present this. My latest post is here (I mention some bearish aspects of Steem/Steemit): twitter metadata:VG9uZV9MTFR8fGh0dHBzOi8vdHdpdHRlci5jb20vVG9uZV9MTFQvc3RhdHVzLzc2MTk3NTU4NzQ1MTkyODU3NiAgSSB3b3VsZCBsaWtlIHRvIGhlYXIgbW9yZSBhYm91dCB0aGUgcm9sZSBTdGVlbSBEb2xsYXJzIHBsYXkgaW50byB0aGlzIGFuZCBub3cgdGhhdCB0aGV5IGFyZSB0cmFkaW5nIGluIHRoZSA4MGNlbnRzIHJhbmdlIGlmIHlvdSB0aGluayB0aGF0IGlzIGEgc2lnbiBvZiB0aGluZ3MgY29taW5nIGFwYXJ0LiAgVGhhbmtzIGZvciB0YWtpbmcgdGhlIHRpbWUgdG8gcHJlc2VudCB0aGlzLiAgTXkgbGF0ZXN0IHBvc3QgaXMgaGVyZSAoSSBtZW50aW9uIHNvbWUgYmVhcmlzaCBhc3BlY3RzIG9mIFN0ZWVtL1N0ZWVtaXQpOnw= ~~~
https://steemit.com/steemit/@bitcoinmeister/a-bullish-bitcoin-sign-and-some-bearish-steem-thoughts

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Tone_LLT Tone tweeted @ 06 Aug 2016 - 17:21 UTC

16 of 44: #Steemit's un-equal distribution of wealth: 46 people perpetually make 58% of #steem (215 people make 80%) https://t.co/2cHi7GYSpU

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