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     8 years ago (edited) 

    some interesting points in a constructive way in this particular comment.
    Therefore, upvoted that particular comment. Having said that:Don't agree with your conclusion, @sigmajin but, you brought out

    1. You erroneously assume that I have contempt for whingers. Since, I gave you that impression. I apologize.
    2. User base: Without sticky users, there is no Steemit. Agree with your conclusion but not with the extended ad hominem.
    3. Bought in: I've not bought any crypto for fiat. I've "earned " Steem or crypto. So, I cannot comment on a trading/capital gain/loss of the Steem crypto currency.
    4. I have not seen the blog post by @ned that you reference.
    5. Thesis: Even if a few are making or in your opinion have made outrageous profits, the fact remains that without them we would not have that as a topic to discuss, debate or disagree on. I am grateful for the opportunity to participate, on whatever level, without a focus on what someone else is earning, at any level.
      Would like to thank you, sigmajin
      Your enthusiasm has given me some ideas for some fresh posts.
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     8 years ago  

    What would you advise to "think critically" about investing?

    To start with, id ask myself if maybe there's a reason, aside from being born petty and motivated by greed, that the whingers (should not be a word) for whom you have so much contempt maybe have a reason for their dissatisfaction.

    On a platform where one of the biggest problems is that it leaks userbase like a sieve, don't you think just attributing dissatisfaction to bad genetics is maybe just a little counter productive.

    then maybe rethink statements like this

    From day one, Steemit has been profitable to its investors, the holders of Steem Power.

    because aside from being patently false, its more than a little insulting to people who bought in (rather than ninja mined their way in) and have taken a bath since.

    Then maybe rethink statements like this:

    Ned Scott & Dan Larimer have magnanimously invited anyone to join Steemit on the ground floor.

    Because its also patently untrue. The people on the ground floor were ninjas. And dan wrote a blog post about how clever it was to keep most people off of the ground floor. At best, ned and dan invited any investor to join on the second floor. An invitation the acceptance of which resulted in a pretty significant payday.

    Which is the fundamental problem with your whole thesis. You want users to stick around and accept not making a profit during what you represent as a nascent period of corporate development where no profit is realized by the organization at all, but whats really a period where significant profit is realized by a very few, at the expense of most users participating for free.

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     8 years ago (edited) 

    this is particularly vomit inspiring.
    @sigmajin

    Of course, its upto you to opine on whether you feel a post is good or bad.
    Beauty, as they say, is in the eye of the beholder :)

    Starting from the top, I asked

    So, how do you invest, thinking crtically, as you say @sigmajin eschewing ad hominem & ad nauseam

    What would you advise to "think critically" about investing?

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