create account

RE: My proposal: reduce the withdraw channel from 104 weeks to 104 days or even 104 hours to make steemit less like a ponzi scheme by timelapse

View this thread on: hive.blogpeakd.comecency.com

Viewing a response to: @laonie/my-proposal-reduce-the-withdraw-channel-from-104-weeks-to-104-days-or-even-104-hours-to-make-steemit-less-like-a-ponzi-scheme

· @timelapse · (edited)
Definitely interesting proposal - today I noticed email invites beginning to materialize so this shows the intent to grow the user base of those not joining directly via FB or the other channel.  Currently the wallet is undergoing maintenance on Bittrex (Steem) not sure if that is related to the 20% decline or ?  
It is still a great platform though the massive early cashing out does not inspire a lot of confidence.  I can only imagine that your huge investment has seen a significant haircut... one that you cannot even liquidate to trade.  

Seems the downward pressure will only increase until someone decides to reinvest which will only provide a temporary boost/spike.  We'll need it to be a sustained injection to support this sort of mass bleeding out.  Frankly, I'm impressed it's held up this well so far.
properties (22)
authortimelapse
permlinkre-laonie-my-proposal-reduce-the-withdraw-channel-from-104-weeks-to-104-days-or-even-104-hours-to-make-steemit-less-like-a-ponzi-scheme-20160909t030514538z
categorysteemit
json_metadata{"tags":["steemit"]}
created2016-09-09 03:05:18
last_update2016-09-09 03:06:24
depth1
children0
last_payout2016-10-10 05:00:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length818
author_reputation12,959,335,306,306
root_title"My proposal: reduce the withdraw channel from 104 weeks to 104 days or even 104 hours to make steemit less like a ponzi scheme"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id1,180,071
net_rshares0