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)
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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.
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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.