You are viewing a single comment's thread from:

RE: Do you ever power down?

in #steemit7 years ago (edited)

More of an investor. I had 38,000 Steem about 3 months ago but have been unhappy as an investor for many more months so powered down to about 500 today. Great for the successful content creators but rubbish for the rest. The platform is brilliant graphene technology but ill concieved proof of stake. Also too much pre mined and problems along the way for my liking.

Sort:  

From an investment standpoint what you say makes perfect sense, and I was almost one of those early miners but found the setup frustrating. I personally hope the price of Steem continues to decline so I can see those dedicated to original content creation stick around. I am not wishing anyone financial ill will by any means, I am just looking at things a little differently.

Totally agree. It annoys me the $000's payout to average content from some content creators with no revenue stream. It's like steeling from the unaware investor without anyone realising.