Why are the majority of these top witnesses now powering down though, with most starting within the past couple days, while asking everyone else to continue to vote for them? That seems a little odd to me. (this isn't targeted at you because you are not)
I've been powering down, but for purely tactical reasons. I'm fully committed to this fight with my time and my SP. So are the vast majority of the real witnesses as well, in my opinion.
While I wish that our supporters could extend more trust to us, and give us the benefit of the doubt that we are working for them and not against them, I know that crypto is a place of vast distrust (often deserved in many cryptocurrencies). So at this point, I will stop my powerdown, which is undoubtedly the largest powerdown of any of the witnesses, maybe even all of them combined.
Please take this as a sign of good faith, and stop unvoting witnesses based on their powerdowns. Showing disunity of purpose at this time is incredibly dangerous to the fight we are in. As long as we remain unified, we will win this fight. It is only by dividing us that Justin Sun has a chance.
A good reason to power down to liquid Steem right now (especially someone as big as @blocktrades and considering what they do for the Steem Community) would be to create tactical pressure on the delinquent exchanges who aided Justin Sun in highjacking (temporarily) the Steem Blockchain.
I can see that having liquid Steem could become very useful in countering certain activities on certain exchanges... it could also be an excellent way to level up on Steem holdings if arbitrage were the goal. This would mean more access to the ability to purchase Steem from the @blocktrades service for all of us.
Trust, right now, is an invaluable resource... and it’s in short supply right now... but I undoubtedly trust @blocktrades intentions. The integrity they have demonstrated and the services they have provided me over the last year prompted to to vote them as a witness.
It's all about how Justin Sun is buying up our Steem Assets on Bittrex. It's another solid reason we need the community to STOP selling ALL Steem and begin powering up ourselves.
This is all about buy in. If Justin Sun see's the advantage in buying Steem and powering it up for his purposes... Then this Blockchain truly does have real world value and we should all do the same in order to foil his agenda of centralization.
It's not always so simple to interpret that just because you see someone powering down.
I'm not currently a witness but for the most part I always have a power down active. That does not mean I actually take the Steem out and sell it. Sometimes I end up powering it back up, or I am simultaneously powering up more than I am powering down (for example, this week I powered up around 200K STEEM, but I still have power down running as usual).
Of course, but when you have a couple of the most vocal witnesses starting FULL powerdowns within the last week while at the same time screaming for everyone to vote for them, it sends a pretty mixed message. I'm not talking about ones that have always been powering down. I'm talking about ones that just started powering down. There are a few asking others to vote for them while reducing the power of their own vote.
I agree the optics and messaging would be better if not powering down. If I were a witness I might consider it for that reason alone, and in fact I still might anyway.
It's good to not simplify it that way because there's a one viable use case: when you have a lot of SP, you powerdown almost constantly to get a decent amount (1/13th) in liquid each week, you pay your obligations, costs, use to support projects etc, and then you power up the rest. So it's good to check balance of in/out each case. Thank you for your vote.
I run the @steempress witness with my team and we have been powering down all the time. Not because we don't believe in Steem (over time we've power a lot more up than down), but to always distribute block rewards with the team according to who has done the most work that week or month.
We already wrote a long pledge (see my latest post on the @steempress account), on staying with this community no matter what.
well, you know of all the 30 witnesses I voted,(most top 30, except one), only 1/6 of them are not powering down but 5/6 powered down. I'm not certain about costs involved, but most of them have lots of SP already, so I'm not certain about the real means of them powering down.
Meanwhile, all top witnesses except you are powering down.
A very good example and encouragement for the community.
And again no word from them, cooking in the secret slacks new surprises for small fish.
Many of witnesses have to power down to pay for their infrastructure and other operating costs (producer rewards are in Steem Power so there's no other choice if you don't have other sources of viable income). I've never powered down for all those years, but what if I'd need some to cover my operation costs?
I, and probably a lot of people, would be interested to know what it actually takes to run a witness, from machines to power cost, and time ofc. Normies like myself don’t know anything about this nerd business and might just think it's something easy and fun, which I’m sure it isn’t.
I read yesterday that it cost around 1000 bucks, but most of these guys don't need to power down because of this. Something else is going on in the background, trust me.
It's a lot of fun, usually during SteemFest :-) also, many of the witnesses loves what they are doing and we have here a whole great piece of technology so amazing environment for all crazy weirdoes to develop for Steem and themselves.
But true, there are also hard times... more on that when the dust settles down ;-)
You are basically all crazy masochists and I'm grateful for you. I'll be here sipping wine and posting selfies while you do the hard work behind the scenes.
Well how much do a normal person get payd to pay their bills? A good full witness cost +- 250euro a month. You must take free of your day job that must be paid to cover costs and some to cover steem costs.
Most witnesses allways powered down.
That's why steemit inc also powered down to cover costs.
I completely understand what your getting at @oldtimer. If you check above I left a comment as to why I think (just a guess really) @blocktrades is powering down right now.
Because we are fighting a tron bot 🤖 army there are many effective strategies that we could deploy to derail all tron efforts... not all of which can be executed on chain. We have a war on the exchanges as well at the moment and someone has to set those guys straight. But it has to be done in such a way as to not let the cat (or acorn! 😹) out of the bag so to speak!
By the way! A BIG, “Hello!” from another fellow Edmonton dweller! I poked around and followed your blog!
So I’m curious! Do we have any Steem Meetups here in Edmonton? I would so show up to those... in fact, personal trainer that I am, I have been considering organizing a couple pop up fitness/Steem events in the area... figured it might be fun to meet people and get the word out about the Steem Blockchain. 😺
Hi @offgridlife! Before you do all of that maybe read my thoughts about @blocktrades powering down. (You can find it under the top comment in this post.)
There are a lot of things to consider... one of which is what is happening off the Steem Blockchain. With 3 delinquent exchanges interfering with the decentralized governance of the Steem Blockchain... someone has got to deploy some action/consequences to those exchanges. If done right the this could even mean bullish movement in the price. If we can move the price of Steem up... it makes us less of a target for the likes of the Justin Sun’s of the world.
For the wealthy investors that will invest in the Steem Blockchain there are only good considerations for a higher buy in price. The higher the buy in the more committed to this blockchain they will be.
If I were you... I would take a positive angle. I have decided to do just that with a 12,230 Steem Power Up (with more to come!) I trust this community and I trust the witness’s who are keeping the Steem Blockchain alive.
I’ll give you a #HighFive for your open minded thoughts and ideas! 🙌
I'm here long enough to know how these things work. My point was that in this situation stop powering down would be an encouraging gesture for all steemians to see. Telling people that every steem counts and at the same time powering down looks a bit hypocritical. At least for people who don't understand fully how the system works.
Those little piggies by the names look od and annoying and to be honest most of them emerged in the last two days.
People might see this as our top witnesses waiting to dump to make a profit.
Everyone should be powering down so we have more maneuverability once the liquid funds come in. It's actually foolish to not be powering down right now. What we do with the funds once they become liquid is another story. Considering the circumstances, that powered down stake should either be powered back up or dumped.
Not powering down leaves you with no options. There is ZERO reason to not be powering down. If only the exchanges knew that.
Well, that's also way to consider, however, it's SP that is used for governance, if I want to take part in decision making I need my Steem to be powered up. But of course, not a financial advise etc.
Finally got around to updating my witness votes, and voted you @gtg :) is there a list somewhere of all non tron witnesses? I still have a few votes up my sleeve...
Can you consider considering to look into something like 5 sock puppets controlled by elected winners of a popular vote? Popular vote means scientifically determined individuals (like using civic or something). An election once a year or whatever. Can be voted for by the Steemit pubically community-owned Steem and any exchange that wants to power up (they can't do anything but slave to support popular witnesses).. uhh i'll explain in post later.
Thank you :-) Designing consensus mechanism isn't easy, ours have some issues, but we are constantly working on how to improve that. That however has to be on chain, blockchain can't rely on external sources of information for such crucial thing.
So i can set you as my proxyvoter for witnesses?
Do I delegate all the votes or can I vote some myself and set the rest for you to use?
Sry i want to help decenterise steem again and witness votes are hard :) greez and thank you for the info :)
!trdo
!DERANGED
ALL I CAN DO SO FARE :)
Unfortunately (or fortunately!) if you set me as proxy, then your witness voting strength stands behind the same witnesses that I vote for. Also, same rule is for SPS proposals, so if you think you can handle both lists (witnesses and proposals) by yourself by actively checking on what's going on and staying up to date, it's best to vote on your own.
Ok grate thank you so much that was helpfull.
Thank you for this honest aenser. @gtg
Quite a challenge for me honestly but I will get more infos and active as soon as possible in this regard.
All the best and steem on🏅🌈🏅
Congratulations @sandymeyer, you successfuly trended the post shared by @gtg! @gtg will receive 0.00400950TRDO & @sandymeyer will get 0.00267300TRDO curation in 3 Days from Post Created Date!
Why are the majority of these top witnesses now powering down though, with most starting within the past couple days, while asking everyone else to continue to vote for them? That seems a little odd to me. (this isn't targeted at you because you are not)
I've been powering down, but for purely tactical reasons. I'm fully committed to this fight with my time and my SP. So are the vast majority of the real witnesses as well, in my opinion.
While I wish that our supporters could extend more trust to us, and give us the benefit of the doubt that we are working for them and not against them, I know that crypto is a place of vast distrust (often deserved in many cryptocurrencies). So at this point, I will stop my powerdown, which is undoubtedly the largest powerdown of any of the witnesses, maybe even all of them combined.
Please take this as a sign of good faith, and stop unvoting witnesses based on their powerdowns. Showing disunity of purpose at this time is incredibly dangerous to the fight we are in. As long as we remain unified, we will win this fight. It is only by dividing us that Justin Sun has a chance.
A good reason to power down to liquid Steem right now (especially someone as big as @blocktrades and considering what they do for the Steem Community) would be to create tactical pressure on the delinquent exchanges who aided Justin Sun in highjacking (temporarily) the Steem Blockchain.
I can see that having liquid Steem could become very useful in countering certain activities on certain exchanges... it could also be an excellent way to level up on Steem holdings if arbitrage were the goal. This would mean more access to the ability to purchase Steem from the @blocktrades service for all of us.
Trust, right now, is an invaluable resource... and it’s in short supply right now... but I undoubtedly trust @blocktrades intentions. The integrity they have demonstrated and the services they have provided me over the last year prompted to to vote them as a witness.
Posted using Partiko iOS
I see that @blocktrades is NOT powering down.... they get my 100% vote.
Awesome! I think that @blocktrades (and many other witness's) deserve our votes/trust.
As for off Blockchain requirements for liquid Steem... Here's an article I read
(it's trending right now) after I wrote my comment to you. It confirms my suspicions as to Justin Sun's under current actions:
https://staging.busy.org/@mindtrap/review-your-witness-votes-now-remove-your-votes-from-the-following-witnesses-who-have-shut-down-their-servers-and-help-steem
It's all about how Justin Sun is buying up our Steem Assets on Bittrex. It's another solid reason we need the community to STOP selling ALL Steem and begin powering up ourselves.
This is all about buy in. If Justin Sun see's the advantage in buying Steem and powering it up for his purposes... Then this Blockchain truly does have real world value and we should all do the same in order to foil his agenda of centralization.
The power truly is in our hands...
https://steemd.com/tx/263bc648f0c8bab3df6253bf160b802054229e67
You get my 100% Vote. You are Also one of the few Witnesses that has ever given me an upvote.
You get my 100% Vote. You're one of the few politicians that has ever given me a kickback.
Thanks for telling us your intentions. I have faith in our real Witnesses. You do a great job! Thanks for being so comitted to the Steem Community!
It's not always so simple to interpret that just because you see someone powering down.
I'm not currently a witness but for the most part I always have a power down active. That does not mean I actually take the Steem out and sell it. Sometimes I end up powering it back up, or I am simultaneously powering up more than I am powering down (for example, this week I powered up around 200K STEEM, but I still have power down running as usual).
Of course, but when you have a couple of the most vocal witnesses starting FULL powerdowns within the last week while at the same time screaming for everyone to vote for them, it sends a pretty mixed message. I'm not talking about ones that have always been powering down. I'm talking about ones that just started powering down. There are a few asking others to vote for them while reducing the power of their own vote.
I agree the optics and messaging would be better if not powering down. If I were a witness I might consider it for that reason alone, and in fact I still might anyway.
Very good question. .... I am removing all my votes from any Witnesses powering down.
It's good to not simplify it that way because there's a one viable use case: when you have a lot of SP, you powerdown almost constantly to get a decent amount (1/13th) in liquid each week, you pay your obligations, costs, use to support projects etc, and then you power up the rest. So it's good to check balance of in/out each case. Thank you for your vote.
Ok. Thanks. I will follow more closely.
I run the @steempress witness with my team and we have been powering down all the time. Not because we don't believe in Steem (over time we've power a lot more up than down), but to always distribute block rewards with the team according to who has done the most work that week or month.
We already wrote a long pledge (see my latest post on the @steempress account), on staying with this community no matter what.
Same here dude! i will update tomorrow!
Somebody should make a post about who is powering down.
well, you know of all the 30 witnesses I voted,(most top 30, except one), only 1/6 of them are not powering down but 5/6 powered down. I'm not certain about costs involved, but most of them have lots of SP already, so I'm not certain about the real means of them powering down.
They prepare for the token swap.
Or they are preparing to dump old steem for the new steem they are going to create by forking. In effect, move value from the one to the new one.
Simple answer, don't vote those who power down. Though some of them need to power down to support a project.
Already did yesterday, I think, we need more in the top 20. Right now, we have the top 11
Meanwhile, all top witnesses except you are powering down.
A very good example and encouragement for the community.
And again no word from them, cooking in the secret slacks new surprises for small fish.
I am also not powering down. In the contrary I had powered up about 30K of steems the last days https://esteem.app/steem/@liondani/powered-up-yesterday-about-30k-of-steem-to-support-the-real-witnesses-fight-the-tron-virus
Good example!
Many of witnesses have to power down to pay for their infrastructure and other operating costs (producer rewards are in Steem Power so there's no other choice if you don't have other sources of viable income). I've never powered down for all those years, but what if I'd need some to cover my operation costs?
I, and probably a lot of people, would be interested to know what it actually takes to run a witness, from machines to power cost, and time ofc. Normies like myself don’t know anything about this nerd business and might just think it's something easy and fun, which I’m sure it isn’t.
I read yesterday that it cost around 1000 bucks, but most of these guys don't need to power down because of this. Something else is going on in the background, trust me.
It's a lot of fun, usually during SteemFest :-) also, many of the witnesses loves what they are doing and we have here a whole great piece of technology so amazing environment for all crazy weirdoes to develop for Steem and themselves.
But true, there are also hard times... more on that when the dust settles down ;-)
You are basically all crazy masochists and I'm grateful for you. I'll be here sipping wine and posting selfies while you do the hard work behind the scenes.
Well how much do a normal person get payd to pay their bills? A good full witness cost +- 250euro a month. You must take free of your day job that must be paid to cover costs and some to cover steem costs.
Most witnesses allways powered down.
That's why steemit inc also powered down to cover costs.
I hear you but I'm sure that that's not the case this time and it sending a bad signal to the steem community.
I completely understand what your getting at @oldtimer. If you check above I left a comment as to why I think (just a guess really) @blocktrades is powering down right now.
Because we are fighting a tron bot 🤖 army there are many effective strategies that we could deploy to derail all tron efforts... not all of which can be executed on chain. We have a war on the exchanges as well at the moment and someone has to set those guys straight. But it has to be done in such a way as to not let the cat (or acorn! 😹) out of the bag so to speak!
By the way! A BIG, “Hello!” from another fellow Edmonton dweller! I poked around and followed your blog!
So I’m curious! Do we have any Steem Meetups here in Edmonton? I would so show up to those... in fact, personal trainer that I am, I have been considering organizing a couple pop up fitness/Steem events in the area... figured it might be fun to meet people and get the word out about the Steem Blockchain. 😺
My guess is that they are going to fork steem and sell all of this steem they can to put into their new steem... thoughts?
I think the whole system is need of revamp (after this current situation is resolved).
So why I'm not powering down?
And even in case of fork it doesn't make sense, because balances will stay.
(not a financial advise though)
Good question. Why are you not?
I believe in what we have here.
I just wrote in my post :-)
Because you were never invited to the illuminati parties...
It's as simple as that, just take a look at 4 years of history of powerdowns.
This topic comes from time to time.
Many are now doing full power downs and they were just started within the past couple days. Different than what you are talking about here.
Removed all my Witness votes from those doing a full Power down.
Hi @offgridlife! Before you do all of that maybe read my thoughts about @blocktrades powering down. (You can find it under the top comment in this post.)
There are a lot of things to consider... one of which is what is happening off the Steem Blockchain. With 3 delinquent exchanges interfering with the decentralized governance of the Steem Blockchain... someone has got to deploy some action/consequences to those exchanges. If done right the this could even mean bullish movement in the price. If we can move the price of Steem up... it makes us less of a target for the likes of the Justin Sun’s of the world.
For the wealthy investors that will invest in the Steem Blockchain there are only good considerations for a higher buy in price. The higher the buy in the more committed to this blockchain they will be.
If I were you... I would take a positive angle. I have decided to do just that with a 12,230 Steem Power Up (with more to come!) I trust this community and I trust the witness’s who are keeping the Steem Blockchain alive.
I’ll give you a #HighFive for your open minded thoughts and ideas! 🙌
Well a Partial Powerdown would make sense.... not a full Power down. I will review the ledger and Vote some back in....
Actually @blocktrades in the only one Not powering down ....
There is an epic hype about freedom.
I have a hunch: Free people can't be controlled.
Do you like riddles? How about this:
Image source
Please read about why "powering down" is not always what it seems:
https://steemit.com/hive-160391/@jondoe/q6txlk#@smooth/q6v9r5
I'm here long enough to know how these things work. My point was that in this situation stop powering down would be an encouraging gesture for all steemians to see. Telling people that every steem counts and at the same time powering down looks a bit hypocritical. At least for people who don't understand fully how the system works.
Those little piggies by the names look od and annoying and to be honest most of them emerged in the last two days.
People might see this as our top witnesses waiting to dump to make a profit.
Yeah I agree with that part.
Thanks. That was my intent.
Everyone should be powering down so we have more maneuverability once the liquid funds come in. It's actually foolish to not be powering down right now. What we do with the funds once they become liquid is another story. Considering the circumstances, that powered down stake should either be powered back up or dumped.
Not powering down leaves you with no options. There is ZERO reason to not be powering down. If only the exchanges knew that.
Well, that's also way to consider, however, it's SP that is used for governance, if I want to take part in decision making I need my Steem to be powered up. But of course, not a financial advise etc.
But as soon as the powerdown completes you can power it back up depending on the situation. Not powering down only leaves us with less options.
What do you think then? Would be interesting to hear.
Removed all votes from Witnesses who are doing a Full power down.
Do you check them one by one or is there a list somewhere to see all of those powering down.
I go to the vote Witness page and check one by one. I want a witness who believes in staying Powered up 100 %
Let’s hope that this all works out. I’ve been here almost 4 years and I’d hate to lose it.
Me too.... maybe they are just selling a little bit of steem to pay some bills ?
Steemit Witness whales..... do as I say not as I do. They are Fake.
Finally got around to updating my witness votes, and voted you @gtg :) is there a list somewhere of all non tron witnesses? I still have a few votes up my sleeve...
Thank you :-)
It's easy to spot them on https://steemd.com/witnesses
I will help guys!!!
Thank you! :-)
Think I've been behind you for at least two years now. Appreciate the hard work
Thank you :-)
I always support real witnesses
It is a cool animation! I already proxied to
Can you consider considering to look into something like 5 sock puppets controlled by elected winners of a popular vote? Popular vote means scientifically determined individuals (like using civic or something). An election once a year or whatever. Can be voted for by the Steemit pubically community-owned Steem and any exchange that wants to power up (they can't do anything but slave to support popular witnesses).. uhh i'll explain in post later.
Thank you :-) Designing consensus mechanism isn't easy, ours have some issues, but we are constantly working on how to improve that. That however has to be on chain, blockchain can't rely on external sources of information for such crucial thing.
So i can set you as my proxyvoter for witnesses?
Do I delegate all the votes or can I vote some myself and set the rest for you to use?
Sry i want to help decenterise steem again and witness votes are hard :) greez and thank you for the info :)
!trdo
!DERANGED
ALL I CAN DO SO FARE :)
Unfortunately (or fortunately!) if you set me as proxy, then your witness voting strength stands behind the same witnesses that I vote for. Also, same rule is for SPS proposals, so if you think you can handle both lists (witnesses and proposals) by yourself by actively checking on what's going on and staying up to date, it's best to vote on your own.
Ok grate thank you so much that was helpfull.
Thank you for this honest aenser. @gtg
Quite a challenge for me honestly but I will get more infos and active as soon as possible in this regard.
All the best and steem on🏅🌈🏅
Congratulations @sandymeyer, you successfuly trended the post shared by @gtg!
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I voted to pitch in too!!
That's unexpected, nonetheless appreciated, thank you :-)