Current lending volume left on Polo: Total: 3822.29263074
More than 15 Masternodes were lent out in the last day. That`s 135K USD betting against DASH right at a time when there is lots of excellent news. Again: who does that? Why?
maybe someone who hates dash and has lots of new found money to blow.
https://steemit.com/@smooth/transfers
Is Smooth a Hypocrite ?
https://bt.irlbtc.com/view/1513252.0New development in this story that I did not anticipate:
He acquired nearly 1% back during the "sneaky mine" phase. You can understand why he wasn't willing to attack this coin the way he normally attacks pump and dump scams. That $millions bought his "I am not omniscient about the potential future not being a disaster" attitude.
(assuming your $5m valuation of his SP is correct)
Is that a meritocracy
You can see why he would have an incentive to not speak about how it will be a disaster for those who invest in SP now (requires a 2 year lock up cashed out over 104 weeks), while he is cashing out every week. Chaching. Fools please buy Steemit and give your money to smooth.
You are turning the s/w industry into lies and scams. I want nothing to do with you if you are going to on the one hand be so dogmatic even leading me entirely away from doing what Dan has done (I originally was talking ICOs and no no no don't you dare do anything but PoW distribution). I had more respect for you than this, that at least some consistency of your position.
I don't have a problem with Dan doing this. Everyone should be free. I just have a problem with feeling like I been jerked around, some people telling me to be idealistic, then telling me as long as you build adoption through lying to people's emotions, then that is positive.
I don't feel there is any consistency of anything. Everyone should do what ever in the hell they want.
...
Steemit is taking money from new investors and redistributing it to those with the most rep power. And fooling bloggers to join by hyping payouts most of them will never receive. That doesn't sound to me like building a good long-term business model.
Bernie Madoff must be proud.
Smooth never bribed me and in fact he helped me and I am grateful, but I did put a lot of weight into his opinions:
smooth may I ask what is the incentive for you to promote steem? Are you now affiliated with the Larimers?
]It is bizarre given when we first spoke about the state-of-altcoins some many moons ago in 2015, and I had stated that maybe Bitshares and Dan Larimer were credible and you tried to convince me that their mcap was all manipulation and to discourage me from taking them seriously.
Now suddenly you jump on their boat and I've noted you stated some where you were able to mine 1+% of the coins during the stealth mining phase.
I respected you and followed your lead to admonish ICOs, premines, instanmines, and I would assume that would include stealthmining launches. But in the end, all this did was mess up my own degrees-of-freedom to make my project come to fruition because I was trying to bend over backwards to find a way to fit into that impossible set of requirements. And now after all that, it ends up you don't even follow your own ethics.
Hey I am happy with letting the altcoin market be free of Sheriffs. So more power to your newly discovered ethics. I just feel slightly jaded for receiving bad advice from you. I am sorry to bring this out in public, and I must presume you have a good explanation. So I'll await to read your take on this. Thanks.
Is smooth - core member and one of the lead community managers of Monero - a hypocrite?
I did not ever tell anyone to invest in Steem. I think the long term prospects for the value of the token are not great. I've told the developers of Steem that. I've told people on my crypto social circle that. I've posted that. I don't know what more I can do.
I suppose reiterating here is good for disclosure, given you are somewhat a public figure.
I just wish you had made me aware of your open mind about profiting any way we want to, because I thought you were much more dogmatic in the past.
I am actually a free market anarchist, so I can't fault you for what you've done. Actually I must admire it. But I just feel you need to be consistent, so that we know how to interface with you.
Also I think you could help by speaking frankly about the meritocracy of the fact that you could get $50,000 a week for basically a very minimal effort. You could perhaps influence some speculators and newbies to think carefully about what types of projects they want to support. Without being too dogmatic, just about the value of meritocracy.
I did not support the sneaky-mine and said at the time that I would not promote the coin to crypto speculators (although kind of an easy promise to make since I never promote any crypto coins -- my best guess is all going to zero, though at different rates). It was, however, far more transparent and than the Dash instamine or the Bytecoin hidden premine. For the record, when I first stated that opinion (after the initial mining) it was worth approximately nothing, so the the alleged current market value has changed nothing here.
That said, I also do not think it necessarily will with certainty go to zero, and people can do their own analysis and reach their own conclusions. Hell, even Auroracoin and other pure garbage (nothing person to Auroracoin devs) still has some value. Steem has more merit than that.
What is the merit of Steem? It is a premeditated pyramid. Designed to be so. How can we reach an alternative conclusion? By what math and analysis? Dan et al are not dumb. They computed all this.
looks like smooth has officially lost his white knight CJW (Crypto Justice Warrior) sheriff's badge. wow, i can't believe i just now saw this. i have screenshotted it for the record and will spread it far and wide.
i was wondering why monero went up in price for no reason lately. i figured it was just speculators again and was waiting for the 50% crash like last time it doubled recently. or maybe that was just smooth back then manipulating the monero market with his profits from his new ninja launched, fastmined stealthmined instamine, 80% premined coin.
i'm still reading my way through all the different steemit ann threads (hmm, now where have i seen that tactic before, monero) and trying to piece together everything that went down but man does it look bad so far. i really liked the steem concept and was investigating it and thinking about investing more but the unfair launch and distribution is the worst i've seen. i thought the monero fastmine was bad or that the
4 week, 3 week, 2 week, 1 week pow to pos coins had bad distribution models but a 80% premine takes the cake!
is that 80% of the total coin supply or 80% of the current coin supply? i know smooth and others like to lie and conflate the two when trolling dash so i want to get it right. since most of the new coin supply is created from staking not pow i guess it doesn't really matter, because just like those instamined/fastmined pow to pos coins the damage is done and controlled by only a few like smooth. what is the total steem coin supply supposed to be?
unbelievable that after all the years of dash trolling he goes and supports something like this, beyond hypocritical.
dash had a ~10% (total coin supply) accidental instamine (2 million coins) that went to the early miners and has since been heavily distributed or at least more so than btc and others. hell, satoshi and hal alone have over 2 million btc that we know of. probably only a handful of others hold several million btc as well.
this is a cross post i thought y'all might want to see pertaining to one of dash's biggest critics.
let's not spam up the dash thread commenting on this but continue the conversation over there....
Is Smooth a Hypocrite ?
https://bt.irlbtc.com/view/1513252.0