Geekzone: technology news, blogs, forums
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.

590 posts

Ultimate Geek


# 199061 2-Aug-2016 23:04
Send private message

Has anyone here tried out steemit? (steem)


It's kinda like reddit, but with potential monetary rewards for "good" content. Though steemit whales have massive power over making what they deem good content to get rewards and appear on the home page (as well as anyone with deep pockets buying massive voting power, seems like a floored system to me).


It's got quite a lot of controversy going around about it being a Ponzi scheme, and I'll be the first to admit I don't quite know how it works.


And it seems the steem market price has been going down ever since it's initial spike a few weeks ago.




As you may have guessed I'm still a little skeptic about it, and not quite sure to what the real world monetary rewards are for say a post that gets $4000 steem, from what little time I've spent on it, it seems it might not be that much, at least not at where the current markets are at, as you have to convert steem to bitcoin to dollars. (I think)








PS, if you're interested and have some time to kill then go and read the Steem whitepaper -

Create new topic
BDFL - Memuneh
64863 posts

Uber Geek

Lifetime subscriber

  # 1603273 3-Aug-2016 00:37
Send private message

From their latest blog: "Steemit has completed its analysis of hacked accounts and stolen funds. All accounts that have gone through the account recovery process and had unauthorized transfers during the attack have been fully reimbursed based upon the best effort of our forensic analysis."



Create new topic

Twitter and LinkedIn »

Follow us to receive Twitter updates when new discussions are posted in our forums:

Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:

Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:

News »

Chorus to launch Hyperfibre service
Posted 18-Nov-2019 15:00

Microsoft launches first Experience Center worldwide for Asia Pacific in Singapore
Posted 13-Nov-2019 13:08

Disney+ comes to LG Smart TVs
Posted 13-Nov-2019 12:55

Spark launches new wireless broadband "Unplan Metro"
Posted 11-Nov-2019 08:19

Malwarebytes overhauls flagship product with new UI, faster engine and lighter footprint
Posted 6-Nov-2019 11:48

CarbonClick launches into Digital Marketplaces
Posted 6-Nov-2019 11:42

Kordia offers Microsoft Azure Peering Service
Posted 6-Nov-2019 11:41

Spark 5G live on Auckland Harbour for Emirates Team New Zealand
Posted 4-Nov-2019 17:30

BNZ and Vodafone partner to boost NZ Tech for SME
Posted 31-Oct-2019 17:14

Nokia 7.2 available in New Zealand
Posted 31-Oct-2019 16:24

2talk launches Microsoft Teams Direct Routing product
Posted 29-Oct-2019 10:35

New Breast Cancer Foundation app puts power in Kiwi women's hands
Posted 25-Oct-2019 16:13

OPPO Reno2 Series lands, alongside hybrid noise-cancelling Wireless Headphones
Posted 24-Oct-2019 15:32

Waikato Data Scientists awarded $13 million from the Government
Posted 24-Oct-2019 15:27

D-Link launches Wave 2 Unified Access Points
Posted 24-Oct-2019 15:07

Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.

Support Geekzone »

Our community of supporters help make Geekzone possible. Click the button below to join them.

Support Geezone on PressPatron

Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.