Who took it seriously

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I've never tried to stop a man from making money or earning a living. So i got no problem with you all want to come here and make money and be king of the hill. I'm perfectly fine with that. All i'm saying is if you start putting your community members first then i believe you're not only going to grow and be more valuable but you're going to do good for the world.

if giving those options wouldn't choose to do good and make money. The problem is you all don't really contribute to the world. It's like no necessary use cases in this. They small businesses where a few people benefit.

Through the course of history we know how this all ends up. It's easier to choose the best result. Bitcoin MYK is next level stuff. it's beyond market gambling. You talking about addressing issues of automation in a curation distribution system that is automated and not inefficient based on opinion. it's based on energy and attention value only.

So it's design is to solve the problem of the robot economy there is no question we're going to have. it's mission is to support displaced workers. It's missions is to work to the eradication of poverty especially in the western nations where it's certainly possible and to expand around the globe. it does this by decentralizing the wealth of a network. My belief is you can't have any true decentralization without decentralization of the wealth. i think that's a no brainer.

You're like one guy sitting at the top and most of the platform users at the bottom. Why would the world continue to support that. They won't do that. So when you ask questions like if bitcoin myk will be around. bitcoin myk has always existed since the dawn of man. in one form or another.

bitcoin myk is not a business. It's a movement. It's a system. It's not a small idea or concept to make money. That's crypto's problem right there. It's no longer ambitious enough. It doesn't inspire anymore. It's just a bunch of two bit gamblers trying to make money.

let's go back to the time when crypto was great. let's make crypto great again, lol. i'm going to leave the voices of these people to help you understand what you looking at.

these projects you in i think deep down you know one alfa they can't do it. help me bring bitcoin myk to the world. you'll be one of the greatest men in history. We can do that. YOu wanna stay in projects that you never deep down will never do it. they just small businesses and penny stocks basically.

bitcoin myk is one of man's greatest ideas you really think there is a competition in that? one alfa you smarter than that. let me have these men help you out here lol. you gotta know better than this i'm sure.

this is going to happen anyway one alfa. however do you want your name in the history books next to mine? lol. or do you wanna be known as another one of these crypto guys participating in projects on the border line of being an unregistered security or scam lol.

You know when you reach a certain age one alfa. i'm assuming you've reached that age. Money becomes less important to you. You wanna make the world better than you left it. I've been very blessed in my life. I have most things i want. Live in a beautiful place my version of heaven almost. What you really wanna do is leave this world better. I think we all reach this point or one day will. You know what you need to do now one alfa. do the right thing. stop playing these crypto ponzi scheme games let's go make the world better.

Stop going around gracing 1 person with a nice upvote of a million. use my what i believe should win a nobel prize in economics. use my automated curation system on bitcoinmyk.com instead. let's get the show on the road man. unless we're not smart or humble enough to know we're not smarter than these guys.

No this here to stay not going around and neither is bitcoin myk

https://www.youtube.com/watch?v=e6HPdNBicM8&t=2s

https://www.youtube.com/watch?v=bCtOFZoCvBE&t=100s

https://www.youtube.com/watch?v=Fj72cWJTZIY&t=8s

https://www.youtube.com/watch?v=x2duog5DnRo&t=16s

https://www.youtube.com/watch?v=AYjDIFrY9rc&t=100s

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Who took it seriously

Good title. That definitely explains the data well. Those who took it seriously exchanged POB for VYB very early. You were definitely one of those who ‘took it seriously’ -- thanks for the early show of support!

The surprising thing (to me) was that very few took it seriously enough to aggressively purchase POB on the open market during those first couple days, when the exchange rate was 4:1. If a token can be exchanged at 4:1 when it should be 1:1, then everyone should be willing to pay 2x for that token, to make a cool 100% profit, or 3x to make a quick 33% profit.

Yet, to my knowledge, no one (other than me) actually did that. It’s as if no one (yourself included) truly believed (during those first couple days) that VYB would actually reach 1:1 parity with POB.

only those who KNEW in advance all the exchange algorithms and exact launch day, could prepare enough liquid POB in time.

Those who knew in advance were specifically instructed to hold back for several hours after the announcement before participating in the 4:1 exchange (and did so). (This also included some friends of mine who had committed, in advance, to support the project, with little more than a 2-sentence explanation.)

As was mentioned in the initial VYB white paper:

if you want to hodl VYB and stack it while it’s cheap (the claim-exchange ratio starts out at 4 VYB for every 1 POB), you’re going to need liquid POB, which will most likely mean purchasing POB on the open market.

The intial market price for VYB is being set at 0.25 POB, by virtue of the aforementioned VYB claim procedure. As such, the initial valuation for VYB will start out significantly less than the current market value of POB.

It took about 72 hours before the 4:1 claim was exhausted. During that time period, as stated above, very few individuals (other than me) aggressively purchased POB on the open market (i.e. by accepting numerous open SELL orders, or placing a MARKET order). There was PLENTY of liquidity there for those who had faith or belief that VYB would eventually reach parity with POB (i.e. 1:1 exchange rate). In fact, that was the whole point of the 4:1 then 3:1 then 2:1 variable claim rates -- to reward those who were willing to step out and embrace the uncertainty early, with respect to whether the project would gain traction or not.

I have not done a thorough analysis of the POB market purchase history, but the data I've seen suggest that you were unwilling to purchase POB 'on the open market' (i.e. via accepting numerous open SELL orders, or placing a MARKET order). You limited your POB purchases to the use of your @gimme-your-coinz bid bot, or a FUD-inspired 'off market' BUY offer aimed at getting as much POB 'on the cheap' as possible, where you said:

Don't trust in POB anymore?
I will give you a great chance to get rid of them in quick, safe and painless way.

In other words, you wanted to claim VYB at the 4:1 exchange rate, but you were unwilling to pay the going 'market' rate for POB (i.e. open SELL order rates) to do so. Why is this? The only viable explanation would be that you had significant doubts as to whether VYB would truly gain traction (i.e. enough to reach 1:1). You saw it as an opportunity (and rightly so), but you were cautious with how much risk you were willing to take (again, rightly so).

You have, in the past, consistently (and correctly) pointed out inconsistencies whenever people are making market purchases of various tokens without paying attention to obvious arbitrage opportunities. As such, you clearly understand that a 4:1 exchange rate for a token that should have a 1:1 exchange rate would be a HUGE arbitrage opportunity, yet you did not avail yourself of that opportunity. You treated it more like a 1.25:1 or 1.5:1 opportunity, during those first few days when the 4:1 rate was available -- and that was a perfectly reasonable approach for you to take, given the uncertainty surrounding a brand-new token and associated project.

By contrast, every time I purchased POB, it was via an aggressive BUY (or MARKET) order that generally doubled (or tripled or quadrupled) the BUY / SELL spread (which then fairly quickly settled back to its previous levels). Quite honestly, I was a bit surprised that no one else seemed eager enough to follow my lead and employ that same approach. What that told me, during those first couple days, was that I was one of the only ones who truly believed that VYB would reach 1:1 parity with POB. I was happy to accept that risk, because I had spent months developing the initial plan and weeks working with @calumam and @scholaris to refine it -- I was confident that we could and would build something of considerable value and that, as a result, an eventual 1:1 rate between POB and VYB was a good and reasonable long-term bet. (Also, I knew that a good moderation team would be critical to the success of the VYB project, and I was committed to making sure there would be at least 50k POB available as initial delegations to fund that effort -- this was also described in the initial white paper.)

Hi to you,

To give an answer to your first question, why so few users purchased POB, I try giving an answer from my personal perspective.

If I look at it with some distance, Steemit was the first cryptocurrency-based blockchain to connect to a blogosphere. All the prospects, promises and positive aspects, just like those that are considered problematic, were expressed there. I found the move to Hive somewhat confusing, but followed the statements that it looked like a hostile takeover of Steemit.
As a person who doesn't know much about currencies, markets, etc. and whose interest is difficult to maintain (due to other focuses), it went over my head to see all the tokens and applications popping up everywhere. I have too little idea of the values of the tokens thrown on the market, am in no way sure how and where to exchange what of my hive dollars. In principle, I would need an advisor whom I trust, for example, because I have a more than short-lived relationship with this person. Trust in pure online acquaintances is limited by its anonymous nature and only getting to know each other more closely in the backrooms creates the opportunity to build trust, but there are limits here as well. For example, maybe after months of using POB-tag I would have been ready to buy POB too, now I see how POB is also changing and now seems to be on the decline? Vyb is now the new?

My impression is, entering ever faster into ever different spheres, experiencing the change of interests and inventions without really being familiar with this matter is not solely a subjective experience. Basically, I'm probably not even the target group and those like me who miss every profitable entry are probably basically needed, since not everyone can "be the first".

I am fine with Vyb's approach - as far as I understood the white paper - my question would be, if I am merely a tag-user but not an active investor and token exchanger, how valuable am I to you (you as a team) as an operator? Is it that you want more investors and less content bloggers (off-topic)?

After over four years on the blockchain, where I can be classified as a "holder", I'll probably take my husband's advice and just take a smaller pro-rata powerdown to see what else is out there in the world. Whether it's inside or outside this sphere, I'll see.

Oh, I forgot to wish you a Merry Christmas, even though the holidays might be over :)

I just don’t understand your particular approach. I have always thought that if the product/solution/idea is really good it doesn’t need such a hard sell approach. It practically sells it’s self. All that needs to be done is for someone to open their mouth. Badging someone into liking something just doesn’t seem sophisticated enough

You sir are a moron. The reason i love to call people morons is because sometimes people need to be humbled into making dumb responses. So this is so effective in that. Unfortunately it's often times true. I use to be a moron. I'm not anymore.

if i was trying to sell you a business or a product maybe some of what you say would be the case. Why would i try to sell you a currency? That's the dumbest thing i ever heard. What if i tried to sell you a usd right now for more than what' it's worth? Wouldn't that be utterly stupid?

You don't sell currencies you use them, lol. Now the reason you're so confused is because you been around these idiot hive people who keep trying to put businesses on the chain. A currency sir has no more value at $1 than it does at$ 1 million. Why would i try to sell you a currency? is it clicking yet?

However i'll indulge you. Let's say for example i did try to create one of you guys ponzi scheme shitcoins as a product or business which is where you're utterly confused on this. So your statement was oh well if it's really good it doesn't need a hard sell approach.

So then if that's your reasoning why do some of the bigest most successful companies in the world spend half their revenues annually on marketing? huh can you answer that? if it's as you say such a great needed product that you'd not have to do all these ridiculous and outrageous commercials on the tv and internet. if it was such a good product they could just put that money back into profits right einstein?

Okay which means you believe the same thing works in cryptocurrency. Where in the hell does good anything have to do with making money in crypto. Where in the hell does use case and adoption have to do with anything of making money in cryptocurrency.

Most of the stuff we use buddy in crypto has no significant use case at all. You woke up this morning you didnt pay one bill with crypto.. not so much as buy a cup of coffee this crap is utterly useless at this point. Stupid useless meme coins make money and have absolutely no use in the world does'nt make the world any better. Your points are weak sir and you know it.

I call out bullshit sir. Please don't say these worthless blogs you all write in your writers guild is a use case. First of all most of what you all write i can get free online. You know what value that gives your blog? It gives it a value of zero.

Sir all you guys are really. Glorified gamblers who have a pyramid scheme. That is all you are right now. Maybe you all have 500k active users.. maybe.... Severla years ago that number was in the millions and so that means you all are not growing sir.

I don't care i fyou all claim not to be steem. I count steem stats because this is the same community. Let's stop the baloney. We're valued less and less participants than these systems once had. That's not progress in my book.

So just stop it sir about people are invovled because it's a good product they don't need to do hard sells. It's baloney and you know it.

You really wanna understand things at a deeper level? No sir you do not. You're full of shit. You know how i know this, haha. People who are serious about bitcoin myk in the over 13,000 accounts we have between hive and steem engine. In the over in the over 16,000 low level kyc registered accounts we have on bitcoinmyk.com.

On the several hundred accounts we have on bitcoin cash, waves, bitcoin sv, ethereum and soon to be pulse chain, eos and stellar.

In all of that people who seek a deeper meaning and aren't full of shit they simply go to our site read our white paper. Look at countles of hundreds of videos we have. They understand why we have that many accoutns why so many people have either earned the token or bought it.. They understand all of this and it's many of em. This is why i think you're a moron because most people would already just check this out and then they would'nt have to ask for a deeper meaning, lol.

Let me conclude this. First i hope you understand the difference between a currency and an unregistered security. If you don't understand the difference then i'm afraid it's not much more i can do to explain things. You'd first have to figure that out and come back.

Let's end this though in some stats. Several national and global polls have shown numbers just within the united states alone of people in favor of either universal basic income, guaranteed income at 67%... okay.

globally the number climbs to around 80%. The data is already out there the people have already spoken. Why would i need to hard sell this to anybody? That's just dumb sir. you are dumb sir. i'm sorry.. no we're one of the biggest wallets around this community period.

In your name is metcalfe. there is something called metcalfes law that says the more node connections and or people personal accounts the more valuable the network.

Do you have any idea how silly it is for you to tell me the main product which is a writers guild going around writing worthless blogs can continue to be worth more than the type of numbers we can garner. That's dumb That's not going to happen sir.. that's just not going to work

We know the value will come from the wallets and accounts and the ability to have network growth. Some would erroneously point to liquidity as an issue because they are stupid. At one time bitcoin was worth 1 cents and have very limited liquidity.

Now what made bitcoin valuable? Some smart ass person put in the bitcoin halving. Which started to create this scarcity process. Now the reason we call our project bitcoin myk is because it does a similar thing as it creates scarcity as it grows.. these others project can't do that because they simply ca'nt grow. Ponzi and pyramid schemes can only go so far before everyone abandons ship or the guys at the top cash out.. that's why they are dumb unregistered securities.

We are a system sir. You really are that stupid to think i gotta sell you this.. That's as stupid as me telling you i gotta sell you a charity for it to function because i'ts purpose is to make everyone more money or its shareholders and owners. As to say you started a charity to get rich is dumb..

to think of bitcoin myk that way is equally as dumb. bitcoin myk is a currency that gives a citizens' dividend that's the benefit. it has no purpose or objective to make you bigger and better gamblers. that solves no problem for the world now does it?

Now i'm going to assume you're smart enough for all this to sink in. The reason i go after people like one alfa and edicted is not sell them i know they are idiots. it's to show you all that you guys really are the value here. That value lies where people feel it resides and i know people will choose themselves and their own well being over you guys shennanigans in the end. so i won't even be suckered into this. however the good thing that comes out of hive is the free transactions not all the other baloney things that go on or perceived free.

What i'm saying to onealfa's and edicted's are stop leading these people off cliff's. They obviously not smart enough to know what's happening. I get it.. the boots on most peoples neck they busy, living paycheck to paycheck they can't see when they being suckered or have time to see. So often times everything just ends up imploding all at once.

I don't have to sell anybody i just have to convince the people you all follow to make changes before this all collapses on them. This is not going to go the way they think it will. Again we're not talking abut if you can get 500k measely users. We talking about platforms can grow to billions and be worth trillions as a default to this. The goal is to solve the problem of being a useful currency that gives people the citizens dividend b rought to you as a tech check.

The by product of that is a trillion dollar entity. So no i don't have to hard sell anybody if you really understand what this is. I don't feel i do that anyway. I think i call these idiots out simply because they need to be called out.

i know this video is old but there are lasting valid points in these type structures that only through projects like bitcoin myk can be corrected. only

https://www.youtube.com/watch?v=L9PWO8flSp4&t=691s

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