Proof Steem is going to be Ok!
Just because some people have asked me why I know steem will recover, I decided to make a video response to refer to.
Needless to say, this is my personal opinion, not financial advice, but there is some logic to my thinking.
If you are buying up STEEM right now, and powering up, let me know... I would love to celebrate this with you!
Much love
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Of course I bought Steem, and next week I'm planning to buy more.
I will be buying while this market is bearish.
No sabía que hablabas español!
Un abrazo! :)
Me and @umulius are selling off stuff we dont need and buying steem for it. We just sold a few bottles of vodka we got as gifts, we had no use for them as we both dont really drink at all. With the profits we just bought ourselves 100+ steem. Tomorrow I will go take photos of a bicycle I own and list it for sale, as well as some snowboard clothing. Hoping to score around 1000 steem for those 😁✌
Hell yeah!!! That's the way we roll!!!!
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With the price of Steem down at these ridiculously low levels, I am even considering options like going out dumpster diving for treasures to sell on Ebay or other similar local websites. We are currently staying in a rather rich neighboorhood in Oslo, and we will be around here until the end of the year. People in this area seem to throw away all kinds of stuff that "normal" people would pay good money for!
That's cool, i like that!
Appreciate the positive input @meno!
You've asked us here to let you know what we are doing. I wrote a post about that this morning. I am continuing to invest and power up. As I have always been and still remain, I am in this for the long-term. I've also doubled my delegation to @helpie. I appreciate all that you and the Helpie team do! 👍
Quick question for you. This morning I wrote about the recent actions of the SEC. As you are now one of our Witnesses, do you happen to know what, if any, impact this has on our Steem blockchain? Specifically, are they under any pressure from the SEC to register as a security?
Thank you for that Rob!
No.. we are not at risk so to speak, at least not with our current economics. On the other hand, when SMTs launch, each team sorting that out would have to work the legalities of such a thing.
You see, as much as STEEM being mined (at the very beginning) is seen as an ugly thing, it kind of protected STEEM from having to deal with these issues in the future.
Excellent @meno ...
... really appreciate the confirmation and this detail about the Steem blockchain's history. I suppose I must've heard it before, but never "connected the dots!" 😊
Until we "meet" again @meno, all the best to you and yours for a great celebration of Thanksgiving. We have much for which to be thankful ... 👍
P.S. Your insight here @meno now added as an edit to my post, as it answered one of my questions!
I have just bought 94 steem, that's very cool for new comers !!
I hope it goes up again !
Awesome!!! Congrats
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I'm thinking someone should publish a list of buyers and holders to support. What do you think, we could try to get people to support the buyers and holders as that is who we want to retain.
@whatsup
If someone knows their way around https://steemsql.com/, it shouldn't be difficult to get the data on all recent power-ups on the blockchain.
Publishing a list of holders is a great idea.
I like this idea as well! I have also been thinking about putting a group together of users that would like to buy STEEM but do not have the resources so that we could attract potential investors to buy the #STEEM, delegate the SP to those users in exchange for weekly payments. At the end of the term, the investor powers down the purchase and transfers the STEEM at every power down. Smart contracts would be the best way to do this but not sure if STEEM has the technical ability to do it without having to rely on a third party. It has been an idea I have been thinking about as I could potentially be willing to buy a lot of STEEM at these prices to help great content creators who while may not have the resources now, have the capability to earn it...
Great idea... I'm super down for this
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Bought more today. Powering up!!!
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I got more and more skeptical about steemit since summer. This platform has a lot of issues. And the slow progress makes it pretty easy for competitors to beat steemit. This is why I powered down all of stake and put it in other projects.
However, I bought 125 shares of SBI. I thought this is a very reasonable way to invest in steemit. If steemit gets destroyed I lost a bit of money, if it recovers I have a decent payout for all of my posts in the future. Even in the bull market the SBI shares make me a bit of money.
If things go bad it is all about damage reduction and I think buying SBI shares is a really good trade off between investing into steemit and not risking too much money.
You make a good point in your video, though. What is the market? The ultimate argument for a product is based on popularity. If steemit can keep a solid community there is a good chance that STEEM is going to do well in the future and might climb back to the top 20-30 cryptos.
How much are worth that 125 shares of SBI approx right now?
Thanks you for starting that point.
nothing too crazy about that assertion... right?
I become a minow.
well, that is fantastic news!!!
Genial amigo, espero mucha gente se anime a comprar Steem, yo aun no puedo hacerlo, pero estoy seguro que será algo bueno cuando lo logre, muchas gracias por tus recomendaciones financeras.
Does it matter what the speculative price is if this platform delivers a product that no other does as well? The question should not be about today’s price but tomorrow’s market share. The quality of content on Steemconnect really should be the focus and it needs some serious work. The monetization method does not reward quality over quantity and reputation. It needs so tweaking IMHO.
the platform is not content driven, this is the reality I see.. the platform is socially driven. The better connections you make, the better you weave yourself into the social fabric of the platform, the better chance you stand on doing well... if you do that, and you put effort into your content, you are likely to succeed.
Content however by itself, is like serving a buffet for absolutely no guests.
You have probably given the best explanation of what Steem is that I've read. Thanks - I get it now. However I don't see it as viable, but that's probably just me. No one seems to be getting rich here that has anything other than a herd like following, so I'm out. But good luck and thanks for the comment.