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RE: Are STEEM Witnesses A Cartel?

in #steem6 years ago

I would not vote for you Brian, because you got me into Nubits which is a shit coin now 😜

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The NuBits situation was brutal for sure and it tore a chunk out of me as well. Oddly enough though some of my other holding lost a bigger percentage than even NuBits though when I sold my NuBits and repurchased larger amount of other cryptos.

Hopefully you are earning more NuBits by Parking them and it can return to the $1 peg as it did in 2016 when a similar issue occurred.

yeah pretty brutal LOL... What I'm wondering is how many NUB you need to receive Parking interest because it worked the first time, over the past 3 months, but now that they are unparked I'm not being offered interest to park again.

Hmmm, that is strange. I haven't checked up on it lately. I devested the rest of my interest in it at $0.72 because I figured we were in for a bigger drop and just keep my eye on the way it looks. I'm wanting to put another bet on it in the near future but I haven't syned my wallet lately to look at the parking rates.

The whole situation was pretty upsetting to be honest because there are all kind of warning signs for Tether and somehow it has stuck around. NuBits seemed to have a more plausible system but then that didn't work out unfortunately for the time being.