OCD

Hardfork: Buckle up. Let's go.

As I watched Justin Sun move another 3.6M STEEM into the HKDEV404 account, I was thinking about how much this hostile takeover has cost him. I am not talking about the coins he has been buying to wrestle control, I mean to his public and likely private reputation. It is probably this cost that affects him the most and drives his ego to keep doubling and tripling down - clawing for a victory. He can't win.

I was also thinking that if Justin or Tron had any competitors out there in the crypto space that wanted to punish him, they could easily keep buying a little bit of the liquid Steem and making him extend further. Who knows, for a few million (which is nothing for some projects and investors), they would be able to exact a very heavy toll on Justin's holdings and his relationships.

Relationships are important.

So, this is happening and while it might not be an ideal outcome, it might just be the best it is going to get. I have no more details than what is in the post, but I am guessing that at some point there will be a snapshot taken that will become the starting point for the new chain, whatever it will be called.

@blocktrades and a group of developers are going to fork the chain into a new place that will look much like this, except it will be minus Justin Sun and the stake that he bought, which has been hanging over the head of Steem like the sword of Damacles since the start of the chain - well, the restart. It is important to note, no property is harmed in this process.

The beauty of digital real estate is that it is unlimited. The beauty of ownership of blockchain property is that it can be transferred. The beauty of cryptocurrencies is that what gives them value is demand. When it comes to the value of STEEM, we are that demand and the value goes where we demand it to travel.

Essentially we are under siege, but rather than defend the walls, we copy paste everything of value within the castle and give it a new address. What is of value? Us. It is us that gives Steem any real value at all and it is why Justin Sun was interested in the purchase, as it would have given him an active and dedicated core community to build from - but he fucked that up. He may get very aggressive once this is reaches his ears, so be prepared for that stake of his to activate - lucky he doesn't like downvoting... ;D

Regardless of what happens though, this can be a pretty scary undertaking for all who like myself, do not understand all of the technical aspects, but at least feel heavily invested in the outcomes. This is part of the risk acceptance though and it has always been on the cards since day one, and highly likely due to the way that day one started. Perhaps with a fresh start with a group of people who have been active for the last few years, the distribution is at a point where it can be used effectively to build a community that deserves better than it has got thus far.

I have put a massive amount of effort into this place, but as I said on the @blocktrades post:

Ok. Let's go.

Once we are gone - there isn't much left.

Taraz [ a ~~Steem~~ TBA original ]

Comments · 21

@steemmatt(71)· 2351d
You took that picture?
@arcange(79)· 2351d
Congratulations @tarazkp! Your post was mentioned in the Steem Hit Parade in the following category:
- Comments - Ranked 5 with 50 comments
@dkkarolien(68)· 2351d
Like always I don't quite know what's happening but I'm in if it's good. 😊

Posted using Partiko Android
@ryivhnn(73)· 2351d

I've left sites in annoyance before and I can do it again ;D

_{I was going to leave this on the blocktrades post but it's too scary so you get stuck with it instead, you're not scary XD}
@mattclarke(71)· 2352d
https://steemdb.com/steem/@blocktrades/why-i-won-t-be-compromising-with-justin-sun/reblogs All these delicious rehives
@melinda010100(80)· 2352d
I am so ready and so excited! Let's do this! ❤️
@pouchon(78)· 2352d
Change is coming. The community is where the valley is green. Steem will be dumped like crazy. Justin will learn something very quick. Do not mess with this community

Posted via Steemleo
@insaneworks(71)· 2352d
This is so exiting that I think I now, for the fist time have to go and hoard some toilet paper. Oh... it's almost midnight and the nearest ABC open all night is too far... Still. I'm in and let's go and 100% with this!
@indigoocean(69)· 2352d
I'm ready for that, but agree there is some nervousness around the release of the hopes that were here to invest in something new.

I experienced that with Whaleshares about a year and a half ago, when hardfork 21 was splitting the community. I wound up investing a lot of energy into trying to get that code set that was supposedly more fair to plankton/minnows going, but essentially the coin is worthless at this point. So I'm a little gun shy about trying it again.

This time there is a much more core part of the STEEM community and a lot more financial and dev resources that seem devoted to the new chain. I definitely see that at this point it is the only rational choice to at least try. Justin can absolutely not be trusted to negotiate in good faith.
@revisesociology(82)· 2352d
That was a very welcome post from Blocktrades - Imagine the dump when we all move!
@roleerob(71)· 2352d
Yep @tarazkp ...

"Regardless of what happens though, this can be a pretty scary undertaking for all who like myself, do not understand all of the technical aspects, but at least feel heavily invested in the outcomes."

... there are a great number of us in the exact same boat. For the sake of us all, I hope this is handled in a much more professional manner than far too much of what we too often experience "in here."

I will be keenly focused on how well communication is handled. And, once "the dust settles" what version, if any, of the original "ninja-mined stake" problem has followed us to this "Brave New World" ...
@denmarkguy(79)· 2352d
Yes, it would seem that the time has come to simply take the show on the road. It would seem that a lot has been happening behind the scenes, and there is broad based enough support among developers, ex-Steemit, Inc. employees, witnesses and key stake holders to simply vacate the premises and say "Here you go, Justin. HAVE your Steemit, and have fun with it!"

After all, Justin is very good at shitcoins... now he can have another one, while we take the value somewhere else.
@torrey.blog(59)· 2352d
How can I help? Let’s go.

Posted via Steemleo
@ammonite(73)· 2352d
It still seems strange to me that Justin would invest so heavily and continue to do so only to crash Steem into the rock. I just hope there is not something we are missing and that this was his plan all along. But, yes I am in favour of getting a new boat.
@bashadow(70)· 2352d
Two more months of stalemate would be good, for me any ways, I don't get a lot of my post, but with the depressed price, I am getting more STEEM. I like the world reach of the Steem Block Chain, I like how many countries have people posting and socializing on the Steem Block Chain. I think this is something that Sun does not get, I think this is something that a lot of the witnesses don't get also. I've never really been a crowd follower before, but I like this crowd of mis-fits we have on the Steem Block Chain, I like the openness, the freedom, the drama, and even a little bit of the trauma. In the case of this community, I will be a follower, and follow where most go, so long as the choice looks right to me. No need to keep jumping from one frying pan to the next hoping one can get out of the fire. Now off to look at blocktrades post to see what was said.
@pfunk(73)· 2352d
Upvoted for rally car
@russia-btc(71)· 2352d
ok GO!

Posted via Steemleo
@mindtrap(75)· 2352d

are going to fork the chain into a new place that will look much like this, except it will be minus Justin Sun and the stake that he bought

We'll also be minus a ton of exchanges that we are currently listed on and essentially we should start a new promo-..... campaign which isn't a bad thing at all. Quite interesting actually...

It's just going to be way more bumpy that it currently is. At the beginning at least...hopefully...
@doyoy(7)· 2352d
i hope this justin have future plan for steemit
@doiny(14)· 2352d
day by day justin sun seems to keep loosing his reputation because he dissapointed so many people who used to hold him in high esteem but now they see him as a common dictator and they are no more impressed with him...@tarazkp

Posted via Steemleo
@fedesox(67)· 2352d
Honestly, I’m so excited about this I can’t even describe it, JS will be left holding a heavy bag, with no support.

You can’t buy a community, he will learn it the hard way.