{
  "block": 34800676,
  "op": [
    "comment",
    {
      "author": "steemitboard",
      "body": "Congratulations @thestringpuller! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@thestringpuller/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@thestringpuller) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=thestringpuller)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
      "parent_author": "thestringpuller",
      "parent_permlink": "steem-liquidity-and-demand-issues-possible-market-crash",
      "permlink": "steemitboard-notify-thestringpuller-20190719t141002000z",
      "title": ""
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  "op_in_trx": 0,
  "timestamp": "2019-07-19T14:10:03",
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{
  "block": 24314385,
  "op": [
    "comment",
    {
      "author": "steemitboard",
      "body": "Congratulations @thestringpuller! You have received a personal award!\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/@thestringpuller/birthday2.png)](http://steemitboard.com/@thestringpuller)  2 Years on Steemit\n<sub>_Click on the badge to view your Board of Honor._</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n[SteemitBoard World Cup Contest - The results, the winners and the prizes](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-the-results-and-prizes)\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
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      "parent_permlink": "steem-liquidity-and-demand-issues-possible-market-crash",
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{
  "block": 3795574,
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    "comment",
    {
      "author": "scaredycatguide",
      "body": "Yes @thestringpuller that's exactly why I was an early hater of facebook stock.   However, they seem to be taking over the ad world.  Every small business owner I know is turning to facebook marketing as opposed to google.  It costs fractions of a dollar to google ads.   I have a feeling google will need to cut their price point in the future.   They will still make a ton of money anyway though.",
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{
  "block": 3782946,
  "op": [
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    {
      "author": "thestringpuller",
      "body": "Facebook made money by padding their portfolio with acquisitions that have grown in value (Instagram, Oculus Rift, that Drone Company), so in a liquidation proceeding investors wouldn't face major losses due to overvalued IPO a few years ago.\n\nAfter the IPO they eventually found profitability through their fledgling targeted ad network. However even though ads account for most revenue, they still haven't gotten nearly as much money as Google for branded advertisement campaigns. We'll see.",
      "json_metadata": "{\"tags\":[\"money\"]}",
      "parent_author": "scaredycatguide",
      "parent_permlink": "https-i-imgsafe-org-241f970a22-png-has-facebook-fb-become-the-new-apple-aapl",
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    }
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{
  "block": 3782716,
  "op": [
    "comment",
    {
      "author": "thestringpuller",
      "body": "I've bought my Bitcoins from a Slavic broker I've never met for nearly 4 years. I trust him more than I trust my parents with money. How do you explain that?",
      "json_metadata": "{\"tags\":[\"craigrant\"]}",
      "parent_author": "craig-grant",
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      "author": "positive",
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  "block": 3605847,
  "op": [
    "comment",
    {
      "author": "brennanhm",
      "body": "It's similar to a company issuing stock. The stocks don't have value until investors choose to purchase them with money.  If people speculate that the company will become more profitable over time, the value of those stocks increases. If people see more potential in Steem as a Reddit-like service, they'll pay more for the tokens. Those who \"invest\" them as Steem Power (instead of speculating on them) earn interest, like a stock dividend. Eventually the tokens may actually purchase goods and services, because they represent valuable content, and can be used to influence the Steem network. It's quite an interesting concept actually :)",
      "json_metadata": "{\"tags\":[\"steemit\"]}",
      "parent_author": "thestringpuller",
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{
  "block": 3593785,
  "op": [
    "comment",
    {
      "author": "mystis",
      "body": "We'll see :D I think in six months/1 year we'll have a good idea about how this is all going",
      "json_metadata": "{\"tags\":[\"steemit\"]}",
      "parent_author": "thestringpuller",
      "parent_permlink": "re-calaber24p-re-mystis-re-calaber24p-trickle-down-steemincomics-how-steemit-was-systematically-designed-to-enrich-a-middle-class-20160728t172348186z",
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{
  "block": 3593545,
  "op": [
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    {
      "author": "thestringpuller",
      "body": "@@ -1,138 +1,4 @@\n-@@ -1,39 +1,5 @@%0A-That scenario is a possibility, but%0A+%253E%0A  the%0A@@ -134,35 +134,446 @@%0A know%0A-. That was my take on it anyway%0A+%250A%250A\n That\n@@ -437,5 +437,4 @@\n o...\n-%0A\n",
      "json_metadata": "{\"tags\":[\"steemit\"]}",
      "parent_author": "calaber24p",
      "parent_permlink": "re-mystis-re-calaber24p-trickle-down-steemincomics-how-steemit-was-systematically-designed-to-enrich-a-middle-class-20160728t165632252z",
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  "block": 3593527,
  "op": [
    "comment",
    {
      "author": "thestringpuller",
      "body": "@@ -1,39 +1,5 @@\n-That scenario is a possibility, but\n+%3E\n  the\n@@ -134,35 +134,446 @@\n know\n-. That was my take on it anyway\n+%0A%0AThat's the definition of a Ponzi Scheme.  The only hope Steem has of procuring value is if the money invested into people writing is invested into actual infrastructure. Given the Bitcoin whales have been defending and enriching their sovereignty for almost a decade now, I seriously doubt anyone involved in Steemit has the capacity to be the champion you need. The whales are too busy overpaying to get girls to join the party. I dunno...\n",
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      "author": "positive",
      "permlink": "re-karnal-thinking-of-selling-your-bitcoin-for-fiat-currency-put-it-in-steemusd-instead-20160725t115254059z",
      "voter": "thestringpuller",
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{
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      "author": "artakan",
      "permlink": "re-dashpaymag-price-analysis-resolve-already-steem-price-analysis-the-flag-continues-20160728t051933019z",
      "voter": "thestringpuller",
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{
  "block": 3572715,
  "op": [
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    {
      "author": "freiheit",
      "body": "also btc doesn't have a real value.\n\nThe value of btc is given by the fact that a community of people accept it as a measure of value, to make transactions.\n\nFor \"fiat\" currencies is actually similar",
      "json_metadata": "{\"tags\":[\"steemit\"]}",
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{
  "block": 3550011,
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    {
      "author": "thestringpuller",
      "body": "So how is this not a Ponzi? New BTC investors are used to pay old BTC investors. How is any real value provided to the BTC investor so he gets tangible value from his investment?",
      "json_metadata": "{\"tags\":[\"steemit\"]}",
      "parent_author": "brennanhm",
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      "author": "thestringpuller",
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{
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      "author": "thestringpuller",
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      "voter": "dtsddace",
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{
  "block": 3507804,
  "op": [
    "comment",
    {
      "author": "thestringpuller",
      "body": ">If they call us the \"self focused me, me\" generation I would call them the \"divorce generation\". I don't think they should be looking at us and judging us when we reach a certain age and still aren't married. How about look at yourself and how you did things out of social pressure and keeping up with the joneses and now your unhappy.\n\nThis is a vast over assumption of the actual causation of the symptoms presented. Up until the 1950's the African American divorce rate was lower than that of non-blacks in America. There was a higher widow rate due to lynchings, but these numbers have been obfuscated for obvious reasons. Back then communities in general were more tight knit. Due to the nature of working (parents working  multiple jobs), the community looked after the youth. Whereas now, kids are regularly abducted as if it were a business...\n\nThe destruction of community trust had led to less support structures for the youth and as such really don't know how to create tight knit family bonds. Most of the baby boomers I've talked with who got divorced vs. those who didn't usually have a vast contrast in the amount of support their friends and family were involved with the marriage.\n\nI really don't think it was \"trying to keep up with the joneses\", rather than poor uninformed choices because of lack of overall community support in the various family units.",
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      "parent_author": "kristylynn",
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{
  "block": 3421706,
  "op": [
    "comment",
    {
      "author": "chalidore",
      "body": "@@ -394,15 +394,12 @@\n tech\n-k\n no\n-wled\n+lo\n gy, \n",
      "json_metadata": "{\"tags\":[\"steemit\"]}",
      "parent_author": "thestringpuller",
      "parent_permlink": "re-chalidore-re-fivestarcontent-re-ipopular-re-rok-sivante-the-7-really-cool-things-i-discovered-while-locked-out-my-account-for-five-days-how-steemit-has-changed-my-life-and-why-the-20160722t141730904z",
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{
  "block": 3421611,
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    {
      "author": "chalidore",
      "body": "There are two people in my life (so far) that I have been trying to get into Bitcoin for years that are now on Steemit. Neither of them, despite my years of preaching at them, had ever made a Bitcoin wallet or executed a transaction until they got into Steemit. Steemit is the killer app that Bitcoiners have been prophesying for years. This brings new people to cryptocurrency and blockchain techknowledgy, and that is good for everyone. In my mind, Steemit is just as valuable as Bitcoin, and maybe even more so.",
      "json_metadata": "{\"tags\":[\"steemit\"]}",
      "parent_author": "thestringpuller",
      "parent_permlink": "re-chalidore-re-fivestarcontent-re-ipopular-re-rok-sivante-the-7-really-cool-things-i-discovered-while-locked-out-my-account-for-five-days-how-steemit-has-changed-my-life-and-why-the-20160722t141730904z",
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  ],
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{
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    {
      "author": "thestringpuller",
      "body": "You do realize Bitcoin is what is keeping Steemit afloat? 98% of STEEM value comes from Bitcoin investors.",
      "json_metadata": "{\"tags\":[\"steemit\"]}",
      "parent_author": "chalidore",
      "parent_permlink": "re-fivestarcontent-re-ipopular-re-rok-sivante-the-7-really-cool-things-i-discovered-while-locked-out-my-account-for-five-days-how-steemit-has-changed-my-life-and-why-the-20160722t021349532z",
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{
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      "author": "thestringpuller",
      "permlink": "steem-liquidity-and-demand-issues-possible-market-crash",
      "sbd_payout": "0.213 SBD",
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      "author": "billbutler",
      "body": "That's a decent analysis. Thanks for it.",
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      "author": "thestringpuller",
      "body": "<html>\n<p>I'll keep this short: Steem has a liquidity problem for the amount of nominal value it is generating. I'm terrified that bots and people trading on nominally high prices without much bid depth may induce a bubble which could crash the Steem market significantly.</p>\n<p>The problem arises with bid depth:</p>\n<p><img src=\"http://i.imgur.com/r7ZDopn.png\" width=\"874\" height=\"264\"/></p>\n<p>Right now a 37,614 STEEM market sale will drop the price 50% immediately. That's about $119,000 dollars a poster can exit from the STEEM market without causing a significant crash.</p>\n<p><a href=\"https://steemit.com/beauty/@guerrint/the-first-steemit-makeup-turtorial-bringing-youtubers-to-steemit#\">This post here netted&nbsp;$26,659 in payouts</a>. At the time of this writing that's estimated to be 8900 STEEM (in the form of Steem dollars and Steem power). Given the 50% split in payouts, $13k of that should be immediately liquid. This is about 20 BTC worth of STEEM, thus at the time of this writing , this sale would net about 20 BTC, and bring the price down from 0.00617 to 0.00510 - a 100,000 satoshi drop in price. The fact one person has the potential to directly induce a 16% drop in the price is a problem that could create a musical chairs situation.</p>\n<p>More Bitcoin capital needs to enter the market or STEEM speculators need to trade more rationally. The price is nominally too high, and every time I've seen this happen in crypto it's the symptom of a bubble.</p>\n</html>",
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