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#steem

Just some random November thoughts...

Changing the 13 weeks Powerdown period to 4 weeks


To be honest, I am not sure, if that would really have any positive effect on Steem. Are we, based on fear, changing well thought logics in a rush because of the current bear market? I will continue to think about it for a while and vote for the proposal when I am completely sure that it would really be a good change for us.

Of course, 4 weeks would be the absolute minimum. Anything else is just insane in my opinion. I can't believe that there are even a few stakeholders with more than 100k SP really considering a one week period. Did they lose their mind or do they just want to leave us as fast a possible? We are more than just a shitcoin, damn we are Steem and we have security in mind!

Steem is still the greatest, my number one and I believe in its big future. It has not failed, even if more people seem to really think that in these days. Having to see witnesses in the top ranks who define Steem as kind of failed/dead is way more negative for external investors than the 13 weeks powerdown period, I think.

Sometimes it is just the perspective on things that changes everything. Look at what we all together have accomplished here. As soon as some big gaming companies will grasp, how well Steem would fit into their products, we all will laugh about those old days of prices below $10.

Any parallels?


Take a look at the prices of gold and bitcoin. I won't call names, but exactly since the time when a few major exchanges entered the game, there is hardly any movement to the upside anymore and, if it happens, then it is being 'corrected' in a matter of a few days, so that the world can keep staring at the endless, boring line. They are playing with our minds, friends.

They are now accepting cryptos in their big companies to be able to drop each earned coin exactly as planned on the market in order to make us 'hodl an endless line' and to create false market beliefs. Same as they 'integrated' some made men into Steem to be able to drop as many coins as possible on external markets. Some of them are just here to manipulate peoples thoughts (same thing as on yt and other networks). We all have felt this for a long time, but I tell you, they lost and I think we can look back to the moon soon (from the perspective of having the moon thousands of miles behind us, of course :)

Bidbots are kind of dead, so more coins now go to people who are here for the idea of Steem and the communities, not just for the quick bucks. If you still believe that onboarding 'the masses of quick-buck-sellers' will change the Steem world for the better, please think again about the price that needs to be paid with millions of daily quick-bloggers on here. Millions of cents won't bring us millions of dollars. In my opinion, in the end the big millions will come from the gaming industry. Even with their own SMTs, the RCs to keep the network running need to be provided by staking STEEM and this is just brilliant.

Fun fact of the month


I told my family to invest ~ 10k € in STEEM when it was at $1 and they now think I'm crazy because of the current, mildly spoken, huge discount. Big intentions to sit next to their christmas tree with a 9x loss in my pocket? I am not so sure...

Investment advice


Please sell your house immediately for STEEM before the rocket will start. A way bigger house is waiting for you. Thank me later.

Know undervalued authors?


You know an author/creator (no daily shit blog) who does not get enough votes on his/her posts? Show me and I will try to change that.

Before I forget: @CZ please push the button man, it's getting cold outside. Thanks.


Calm down, get out of your head, trust in your creation and Steem on ;)

Comments · 75

  • @double-u(73)· 2481d

    Lieber @steemchiller, heute Nachmittag hatte ich geschaut. Da warst du noch knapp im SPS drin. Gerade eben habe ich erneut geschaut und gesehen, dass du leider nicht mehr drin bist. Du wurdest von einem neuen, zweiten Return Proposal überholt. “HF Proposal: Vote to Reduce Power Down Period to 4 Weeks” Ist das denn regelkonform, dass der Autor ein zweites Return Proposal hier reinstellt? Ist das Absicht gegen dich? Zu dem Zweck seiner Meinungsfindung hätte der Autor auch einen anderen Weg wählen können. Es fließt jetzt durch sein Return Proposal 1 SBD pro Tag. Und es sperrt dich für 119 Tage aus dem SPS aus. Ich gebe dir jetzt einen unaufgeforderten Ratschlag. Ich finde, du solltest dich jetzt erst einmal um deine Finanzierung kümmern. Die SteemWorld läuft, wir nutzen sie, und ich vermute, es wird keinen Blackout geben, wenn du einmal einen Tag lang nicht daran arbeitest. Dann könntest du den Autor wegen der Auswirkungen auf dich bitten, sein Proposal zurück zu ziehen und einen anderen Weg für seine Meinungsfindung zu wählen. Wenn das gegen dich gerichtet sein sollte, hat das natürlich keinen Sinn. Dann könntest du in der geöffneten Liste der Voter dieses Return Proposals den oberen, SP-starken Teil auf einmal markieren, kopieren und in eine Excel-Tabelle einfügen. Ich habe das gerade einmal getestet. Das funktioniert. Dann könntest du genauso mit der Liste der Voter, die für dich gestimmt haben, verfahren. Wenn du schon dabei bist, könntest du das auch mit der Liste der Voter für das erste Return Proposal machen. Danach könntest du in der Tabelle nach Übereinstimmungen suchen. Ich finde, die Leute, die für dich und die Return Proposals gestimmt haben, könntest du ohne Hemmungen z.B. per Kommentar anschreiben und auf die Auswirkungen hinweisen. Die anderen Voter für die Return Proposals (mit Ausnahme derer, von denen zu weißt, dass sie dir die Finanzierung nicht gönnen) könntest du in einem Post von dir per Mention anpingen und darauf aufmerksam machen, welche Auswirkungen ihre Stimme hat, und dass die Return Proposals viel zu hoch sind. Die meisten Voter haben sich diese Gedanken nicht gemacht. Ich habe das schon am Sonntag so feststellen können, dass einige ja sofort reagiert haben, weil sie die Auswirkungen gar nicht kannten. Also, bitte nimm dir erst mal frei von der SteemWorld und geh‘ das mit dem SPS an. Es ist doch selbst für nicht Betroffene kaum zu ertragen, wie das nun läuft. Ich wünsche dir besten und sehr schnellen Erfolg! Liebe Grüße, @double-u

  • @alexvanaken(68)· 2482d

    Hey @steemchiller I love using Steem world but I just realized I can’t get the page to load on brave browser on the most recent brave version and iOS version. Is this something you are aware of? Just wanted to bring to your attention. Thanks in advance man! 😎🙏🏼🚀

  • @ecoinstant(78)· 2485d

    Steem Chiller, as a way to say thank you for your tool, I am sending some INCOME token. I find steemworld very useful.

  • @arthur.grafo(70)· 2485d

    So nice to come across your post.

    With regard to the 4 week withdrawal suggestion, unlike you, I am in favour of it. Over more than 2 years, I have not drawn one cent from my money for myself, so it is not because I want to grab and run, but because we need investors (even posters who are willing to invest in more SP would be good).

    Knowing that if I need MY money back I have to wait to get it over 13 weeks, makes the investment very unattractive. I would say, if you want a compromise, that a history of the SP is kept so that all investment can be drawn out within 10 days, and all other funds, presumably from earnings, over 13 weeks.

    I am speaking as an outsider, since, as you will see from this comment, all my comments and posts are now on Decline Payout.

    Why?

    Because I found myself getting angered by posters who have never made a post or comment, flagging me. So what, I thought, their flag is worth zero...but still, it angered me.

    By blocking all votes, up or down, I no longer care and just enjoy making my posts...which is what I came here for.

    My best regards

  • @transisto(75)· 2486d

    I agree, changing the powerdown time is just changing for changing... It's not adding value it only look like an improvement when looking with a simplistic viewpoint. A big distraction compared to all the great things that could be done with a much more clear net benefit.

  • @double-u(73)· 2486d

    Hi @steemchiller,

    seit wann bist du aus dem SPS rausgerutscht?

    Ich bemühe mich jetzt gleich darum, dass das Return Proposal reduziert wird, so dass du wieder reinrutschst.

    Bitte gib mir in Zukunft sofort Bescheid, falls du aus dem SPS fällst.

    LG, @double-u

  • @jekhy(7)· 2487d

    Thanks for the post.

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  • @tonygreene113(64)· 2488d

    The 13 weeks is a fine standard to hold on to. Since it allows a person time to take back some $STEEM to trade for $BAT.

    Posted using Partiko Android

  • @kadna(69)· 2488d

    !invest_vote , resteem... LG Kadna

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  • @trendovoter(41)· 2488d

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  • @theguruasia(69)· 2488d

    @steemchiller, Wow you bought STEEM at $1 and now it worth $0.15. Anyway HODL it might worth more in 2020! !trdovoter

    Cheers~

  • @g7terra(58)· 2488d

    I'm here for the learning as I'm fairly new to the platform, however, I think everything happening over here is just awesome.. I Can't complain, what I Can do is continue learning!!! Thx for the great blog.

  • @chrisrice(68)· 2488d

    Thank you for speaking some sense @steemchiller and please push back against the idea of lowering the Power Down!

    I personally chose Steem specifically for the long Power Down among other things and it is important to keep the Power Down long to avoid exchanges from voting on SPS and Witnesses.

    I personally don't see anything wrong with the current structure of Power Downs and I am happy with it as it is.

  • @mima2606(72)· 2488d

    Du hast ein Upvote von unserem Kuration – Support Account erhalten.

    Dieser wird nicht von einem Bot erteilt. Wir lesen die Beiträge. (#deutsch) und dann entscheidet der Kurator eigenverantwortlich ob und in welcher Stärke gevotet wird. Unser Upvote zieht ein Curation Trail von vielen Followern hinter sich her!!!

    Wir, die Mitglieder des German Steem Bootcamps möchten "DIE DEUTSCHE COMMUNITY" stärken und laden Dich ein Mitglied zu werden.

    Discord Server an https://discord.gg/Uee9wDB

  • @cryptosearch(49)· 2489d

    I think steem and steemit is best social media and blogging website in 1 to 2 years. because Google blogger is undervalued and only people's using wordpress for blogging. but wordpress need domain and hosting it take minimum investment. but steemit is not need domain and hosting. good content earn passive income. No monetization need easily earn in steemit so once people realise this platform will steem go to the moon

    Posted using Partiko Android

  • @por500bolos(68)· 2489d

    You know an author/creator (no daily shit blog) who does not get enough votes on his/her posts? Show me and I will try to change that.

    Haha @steemchiller, I guess I know one of those authors/creators you are looking for. But don't believe in my word so fast. Just "Click Here" and confirm by yourself if my hunch is correct. };)

  • @brandonmongelli(38)· 2489d

    i don't think so great

  • @arcange(79)· 2489d

    Congratulations @steemchiller! Your post was mentioned in the Steem Hit Parade in the following categories:

    • Upvotes - Ranked 4 with 1216 upvotes
    • Comments - Ranked 1 with 100 comments
    • Pending payout - Ranked 1 with $ 71,59
  • @martie7(62)· 2489d

    Please sell your house immediately for STEEM before the rocket will start.

    Do it now! You must to sell everything and buy as much steem as you can.

  • @smooth(74)· 2489d

    Did they lose their mind or do they just want to leave us as fast a possible?

    Nobody at this point wants to reduce the power down time in order to leave faster. 13 weeks is more than fast enough for anyone who wants to leave to have already long since powered down and left. Furthermore any proposal being discussed now would take more than 13 weeks to get implemented and deployed, realistically. So even someone who wants to leave and hasn't, can't still leave long before any proposal would take effect.

    Whatever you think of the proposal, that's certainly not the motivation.

  • @p1eter(60)· 2489d

    I don't think 4 weeks should be the new amount, but 13 weeks is quite long, especially for smaller SP holders that maybe need a buck or two to do something. Like my band @dewallen. We put money in from shows if we have extra, but then if we need to take some out to maybe pay for a photo shoot etc. Then that total dived by 13 weeks is just to small and slow. Hence we took ours out.

  • @laxyasaru(58)· 2489d

    waw

    Posted using Partiko Android

  • @felixxx(73)· 2489d

    Why don't you set up a witness node ?

    I supported your proposal, but I think I'd rather give you a witness vote.

  • @kingscrown(82)· 2489d

    nice ideas there

  • @mamunedt(31)· 2490d

    Wao

    Posted using Partiko Android

  • @spiritualmatters(56)· 2490d

    Changes this huge remind me of a rookie poker player with cold feet...or a pro player who knows when to hold, fold, walk away, and runnnnnn!!!

    Seriously, the big players are prolly ready to pull investments to put into more lucrative assets OR use funds for short-term sustainability.

    Either way, STEEM remains a staple for most crypto-creators of all genres, whether they're on hiatus or not.

    Peace.

  • @ssjsasha(74)· 2490d

    Any steem price predictions? Will we ever get back over $5?

  • @enjar(79)· 2490d

    I prefer the 13 weeks as it is. It takes a little while for big money to move around and if they are looking to do some shady stuff they have to deal with the opportunity cost of the 13 week power down once they get discovered and flagged.

    It also just provides some nice security and gives people time to discover and resolve any issues.

    I do think gaming is going to be an easy place for a lot of opportunity and growth. Gods Unchained raised $15 million on ETH from pack sales. Now they are going have to deal with the cost of gas and other issues for using that blockchain. While many wish Gods Unchained was on Steem we are just not at that point yet to see that kind of money being spent on a single product in the same time frame.

    Hopefully one day we will be smashing records with how much gaming companies are able to raise for release products on Steem. They can further power up some of it and use that to reward content and other stuff as you mentioned. They could even hire out people already here to help them build it since it’s a digital good.

  • @balticbadger(68)· 2490d

    I see a bright future with the price of steel as well, but I don't think steemit will be the cause of it. Once the blockchain is utilized by the mainstream it won't be people creating steemit accounts to earn on curation rewards it will be mainstream internet sites running on the blockchain. People won't even realize that steemnis behind the curtain powering the show. I have no feelings towards the power down if it's 4 weeks or 12. I don't think it will affect the price in the long term.

    Posted using Partiko iOS

  • @cgames(60)· 2490d

    I agree. Keep pushing Steem foward

  • @captainklaus(66)· 2490d

    I guess this is almost a no-go, but I think I am one of these undervalued people you are writing about ;)

  • @oliverschmid(70)· 2490d

    I don't vote for it either, I think this would be a fatal mistake.

  • @secretman(62)· 2490d

    Please sell your house immediately for STEEM before the rocket will start. A way bigger house is waiting for you.Thank me later.

    This is really amazing advice.Yes,this bad time of Steem will end and the rocket of STEEM will run.STEEM will be Rockzzzzz !! I love STEEM and have faith in STEEM.

  • @darmianto5(60)· 2490d

    Me like it your post. Good friends

  • @xplosive(72)· 2490d

    "Having to see witnesses in the top ranks who define Steem as kind of failed/dead is way more negative for external investors than the 13 weeks powerdown period, I think." Negative, but true and honest. And I prefer that over any kind of lie and bullshit. Okay, I am not a witness, especially not in the top ranks in any way. I am just/only a minnow, but I clearly see what is going on (and what is not) on the Steem blockchain.

    "Look at what we all together have accomplished here." More than 1.3 million Steem accounts, and the rapidly decreasing (dropping/falling) number of the daily active Steem accounts. Nowadays only about 30 000 Steem accounts active daily. This number was around 40 000 and 50 000 a few months ago. And even more before. Many people are focusing only on their own blog posts, but only a few cares about other people's blog posts, this leads to a lack a real, human interaction, and to thousands of disappointed users. Nowadays I have 1008 followers, but most of them are inactive nowadays. They left Steemit (and the Steem blockchain) long (months) ago. This is quite equal to a failed/dead project in my opinion.

    "Please sell your house immediately for STEEM before the rocket will start. A way bigger house is waiting for you. Thank me later." Hahaha! :D I currently do not have a house, but even if I currently would have one, I still would not sell it for Steem (or for any other thing). If I would have a house, then I would be satisfied/pleased/contended. I would happily live in it. I do not need a big house. And I do not want to be homeless either.

    What you do for Steem is very good, but honesty (being honest) is also important in my opinion. I stil upvoted this blog post, and I call !trdo to support you for your works and efforts.

  • @kendra5(36)· 2490d

    Very good job guys friend

  • @deranged.coin(50)· 2490d

    deranged You just received DERANGED @steemchiller Keep up the great work, view all your tokens at steem-engine.com

  • @pixelfan(74)· 2490d

    Wow... what a relief to read something positive for a change! Thanks man and... I know you are not !DERANGED 😉😂👍

  • @joshman(74)· 2490d

    Having read many of the arguments on both sides, I would say 6 weeks should be the absolute floor to place some buffer on account recovery. The way people sling around their keys and give out privileges, it would take one rogue app developer to put a lot of regret on the quick power down folks. The only way I would consider a quick powerdown scenario is if we had hardware wallet support and people never needed to see their actual keys.

  • @beerlover(65)· 2490d



    Hey @steemchiller, here is a little bit of BEER for you. Enjoy it!

  • @investinthefutur(71)· 2490d

    VOIN DD Dividende in !trdo und sobald wieder lieferbar auch in !BEER

  • @chesatochi(73)· 2490d

    That why I continue to be here for the prospect to see this blockchain shine.

    Posted using Partiko Android

  • @btcsam(64)· 2490d

    I agree, it shouldn't be changed because why in the world do you need a 4 weeks powerdown? Steem should be a longtime investment and if people come in here just to make some quick cash they should move to another coin/site.

    Steem to the moon!

  • @d0zer(61)· 2490d

    I do not recommend selling your house for Steem. Unless you’re crazy of course.

  • @scorer(58)· 2490d

    It looks like it is meant for old whales who want to cash out during the next bull run. Four weeks is enough to do that. That's a normal wish.

  • @throwbackthurs(47)· 2490d

    @steemchiller please remove the option to type and enter your active key directly into steemworld and only give the option to use steemconnect / keychain. I recently posted about stolen keys being used to vote posts. The less websites that allow users to type their keys unsafely into websites the safer our community will be. If you are interested in what I wrote just check out my account and please help us come up with a solution for this issue as well. Thank you.

  • @afrog(69)· 2490d

    You're as convinced of the blockchain as I am. Only Peterchen's moon ride I can't see well, as long as such dangerous plans come from NYC. Especially the 13 weeks are what makes the Blockchain game so exciting for investors. On the Steem it is about participating in the concept.

    The concept has not yet been implemented and nobody should believe that the few bloggers and gamers can keep the ship afloat for a long time. This blockchain sleeps 95 percent, is permanently underchallenged.

    The Steem needs investors and their users from the area of the content producing economy and other institutions. But that's not to be done well with cowboys who shoot quickly from the hip and otherwise don't want to adhere to any general terms and conditions. As for the moon ride, I hope a little more carefully than you, dear @steemchiller. Thank you.

    Translated with www.DeepL.com/Translator

  • @mundharmonika(67)· 2490d

    You know an author/creator (no daily shit blog) who does not get enough votes on his/her posts? Show me and I will try to change that.

    @zeitgedanken @isabellaklais

  • @urdreamscometrue(60)· 2490d

    You know an author/creator (no daily shit blog) who does not get enough votes on his/her posts? Show me and I will try to change that.

    @lauch3d, @chappertron, @marcus0alameda

  • @investinthefutur(71)· 2490d

    @udabeu denkt du hast ein Vote durch @investinthefutur verdient

  • @udabeu(72)· 2490d

    Thanx for your thoughts and your kinda enthusiasm. I agree . I think ideas like @tworealsolutions, @theholystuhl, or @tokenindustry ´s first @xstern93, which are trying to bound #STEEM , people , products , investors , things , services, .... . Using @commentcoin schows it. #ZEITZUERFINDEN

    !invest_vote

  • @anli(63)· 2490d

    Good food for thought. Sure I know undervalued authors. I guess the problem is the 7 day mark, where those authors do not post often enough - and when quality is published, there's only another 7 day time period to acknowledge this quality.

    As far as steem and the power-down period goes, @ned has not been active for 7 month now. Hasn't he been developing a next steem? Or has it been a former core steem developer who has? I'm bad in name-dropping here, but you know what I'm talking about, do you? And if alternatives arise, what's the best for investors: leaving the ship fast, is it?

  • @gadrian(76)· 2490d

    Whatever decision will be taken to affect the power down period, its implications need to be thoroughly considered. We are not in the first year of Steem anymore to experiment without much thought about consequences, and SMTs are almost here. Community keeps saying focus should be on more adoption, and that will probably be the case. More mainstream people going in, a (more) responsible platform we need, especially regarding funds. Security for mainstream users is paramount.

    On the other hand, if a new (big) investor looks at crypto as a whole and sees many top coins fully liquid and some not as liquid, but considers the whole crypto (which is not so big) as an asset class, the investor will choose the liquid investment in most cases, since he/she already takes a risk by investing in crypto. Just trying to get into their heads here.

    I haven't made my mind about the proposal either yet, not that my vote will shift the balance either way.

    Great (positive) post!

  • @erelasblog(63)· 2490d

    i love this part "Steem is still the greatest, my number one and I believe in its big future" and this one too "trust in your creation"!!!! HURRRRAAAY!!!! i'm following.

  • @criticalmass(51)· 2490d

    Twitter stopped payed tweets and Steem should do the same. Otherwise the little people have no audience and the platform no future in my opinion.

    Posted using Partiko Android

  • @onealfa(76)· 2490d

    ... sit next to their christmas tree with a 9x loss in my pocket?

    This made me smile ( to say the least) Loss? Have you ever heard that saying that "you got no loss until you have sold" ?

  • @freiheit50(71)· 2490d

    Very encouraging thoughts and statements! Yes, I think it is possible for steem rising again, perhaps not to the moon in one single step, but 0.5 to 1 USD is likely until the end of 2020.

    I'm strictly against the shortening of the power down period to 4 weeks. Steem needs long term investors, not "day traders".

    A better idea is (in my opinion) setting two rules for new accounts:

    • no power down during the first year without power up at least 10k steem
    • 100% SP payout during the first year

    The second one is to build a long term relationship to our community

    Have a nice day. You in person are one of the best assets of steem - and one of the major reasons why I believe in steem.

  • @lemeonna(62)· 2490d

    I see power in your message

  • @maxdevalue(69)· 2490d

    Hello @steemchiller, it’s been a while, thanks for the encouragement, I bet it means a lot for people of little faith about the Steem Vision. As for me, Steem is my Stake!

    Please check out this school children on Steem blockchain; I think that they may fit in your criteria here. They’re coming from as far as Africa but are doing good on steem blockchain with their educational articles as well as promoting Steem to other Schools in Africa.

    https://steemit.com/@gloriouskids

    Posted using Partiko iOS

  • @tobetada(77)· 2490d

    well, 4 weeks is like you said the bare minimum. It would be nice to get a 1/4 cash out in a week, but it would probably also encourage more people to power down... Not sure about it actually!

  • @m0nst3r(46)· 2490d

    "sell your house immediately for STEEM before the rocket start" lol Advice taken

  • @geekgirl(80)· 2490d

    Why would you think 1 week power down is insane? It is insane to make investors lock up their funds for 3 months.

    Why would I turn my bitcoin to steem and lock up for 3 months? Have done that. Never again.

    If there is one week power down I may reconsider.

  • @acesontop(81)· 2490d

    You know an author/creator (no daily shit blog) who does not get enough votes on his/her posts? Show me and I will try to change that

    I do. Check @zuerich and see if his posts deserve more. I think they do.

  • @investinthefutur(71)· 2490d

    @kirstin denkt du hast ein Vote durch @investinthefutur verdient

  • @kirstin(74)· 2490d

    This post will get an upvote of our new curator account!

    Dieser Beitrag erhält ein Upvote unseres neuen Kuratoren-Accounts!

    !invest_vote

  • @transisto(75)· 2490d

    I agree, changing the powerdown time is just changing for changing... It's not adding value it only look like an improvement when looking with a simplistic viewpoint. A big distraction compared to all the great things that could be done with a much more clear net benefit.

  • @sanjeevm(78)· 2490d

    There has been quite a few requests to reduce the 13 week power down time and I think, it will be implemented sooner. Apart from that, I don't see anything negative in steem and a strong believer that, it will definitely get the attention, once SMTs are out.

  • @happyphoenix(69)· 2490d

    Please sell your house immediately for STEEM before the rocket will start.

    Please don't do that 😀😀😀😀.

    Just sell your idea, works, art and writing on Steem Blockchain platform. It is more valuable and attract more user here....😀😀😀

    Naaah.... This just my silly comment. 😀

    Posted using Partiko Android

  • @toofasteddie(77)· 2490d

    Damn! It is the best post I read about STEEM lately. Blinds are those who don't want to see what's happening here

  • @amico(67)· 2490d

    @tipu curate @giphy curate 100


    A huge hug from @amico! 🤗

    #sbi-skip !trdo

  • @investinthefutur(71)· 2490d

    Du wurdest als Member von @investinthefutur gevotet!

  • @ravenkim(70)· 2490d

    @tipu curate

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