So i was sending 10 SBD to Bittrex and i noticed there was some RED warning message that came up and it scared me!
And then I read what it said, "You must include a memo for your exchange transfer'
This is GREAt news! REALLY cool! VERY nice! Now we wont accidentally send money to an exchange without a memo which can result in our money getting lost and having to wait months for the exchange to try and find it which DOES take a while and it is not the exchanges fault, and I know even whales and experienced crypto people still end up making mistakes, rushing or are tired and have sent money to an exchange without a memo! It's why I personally try to break up any large amounts of crypto into smaller amounts as my worst fear is that I make a transaction of a large amount of crypto and it just never shows up, heh it would be hard for that to happen but I know it's possible maybe a minor fee error, where it says it sent one but never die, all sorts of things can go wrong! And this new warning message will just be another measure to PREVENT mistakes!
So this new feature can possibly save millions of dollars in potentially lost funds that will probably not get lost now!
This should show everyone just how much good a small little improvement can make on the lives of steemit users. There is so much work to do, much of that work must be left to developers but we should all be raising attention and raising money for more full time developers and think tanks to improve the interface and get extra coins in the internal exchange and all the other cool stuff we need can happen faster with extra funds and more full time workers...right? I have a feeling I might be mistaken here! I have a feeling it might be more complex than just throwing money and more workers at the problem! Maybe there is no problem and these upgrades are happening on schedule and we just have no idea how good steemit is going to get very soon! So Thank you to the developers for adding this badly needed warning feature!
( amazing steemit image by Steemit user in Bali Indonesia he is a real inspiration living in an Eco Village in paradise independent from banks and the system living off steemit and crypto currency!)
Let's have some confidence in this system which we use everyday with very few problems or errors! It almost never goes down it never crashes ive never had a problem where I couldn't get my steem or SBD or power down, and we have busy.org incase steemit is ever down but I haven't had to use it! Now can you really say that about Exchanges or other crypto currencies? Steem blockchain and steemit.com which we use to access it, Both work so well and compared to any other crypto currency works soooo smoothly. We have no idea just what's coming! if the price of steem goes down in the short term then GOOD more for us to buy! It WILL go back up as soon as the new features come out! When you can buy and sell bitcoin or ethereum and altcoins in your steemit wallet, for example, people will FLOCk to steemit as their one stop shop for all cryptocurrencies! We ain't seen nothin yet! SOME of us DO know how powerful steemit will become and how BIG the steem blockchain beneath it will grow and how many apps and services will grow out of the steem blockchain, hell View.ly might end up bringing in more users to steem blockchain than steemit itself! people might be using steem just as a platform the way Youtubers use Youtube, and it wont just be a social network, we should realize that a million minnows with 1 cent each can make a thousand dollars! The ingredient are here and steem WILL hit $1000 in maybe 2 to 5 years somewhere in that range, but it will happen and the few people with over $1000 worth of steem will become millionaires! And even before then many of us will become millionaires with EOS!
(Look at this EOS brand Money clip, think it is a coincidence? Or just Synchronicity, a message a sign from the Universe that just the word EOS is associated with success, EOS cameras EOS cars now EOS money clip? reminds me of how Ripple logo looks exactly like those Fidget Spinner's that became so popular...but this EOS money clip i just found after google image searching "EOS money" really seems like a god sign, but hey that's just me being looney because the REAL reason EOS will succeed is in the technology! But as a monetary tool for making some money we cannot ignore it, we should all be buying at least 100 EOS while its still between $1 and $2 do NOT wait any longer, it will be $100 before the end of this year for sure.
EOS will be the extra boost we all need! My next post will be a very simple user friendly method for buying EOS even from inside the USA using steem or SBD from your steem wallet and Bittrex or Poloniex and Exodus Wallet! (if exodus had steem or SBD i wouldn't need the bittrex or poloniex exchange )