I have passed 1.05 million BP!

drutter (69)in #blurt • 22 days ago

After reaching 1m BP on January 1st, my stake has grown by +50,000 tokens in the past 15 weeks, on pace for +175,000 this year.

Where is it coming from?

Some of the growth is interest, of course. I'm currently making about 22,000 per year that way.

I'm also buying BLURT with my tiny earnings on Steem, and powering them up. (I'd be doing the same on Hive, but my posts are still downvoted to zero by Skidmarkymark there.) This brings in maybe 10,000 BP per year.

Then there's my curation earnings, which can be seen as a combination of passive income, and income earned for finding, reading, and voting on content. It takes some time and effort on a consistent basis in order to keep the rewards coming in.

And lastly, there are my content earnings - my post and comment payouts. This is where your contributions really come into play! Thank you for all your votes on my posts and comments, which makes this all possible. I don't create content for the rewards, but the curation system is how content gets found and promoted, so appreciate all your help.

The climb to a million

It was quite an adventure making my way to 1 million BP by the end of 2023! Here are the milestone banners I put up along the way:

After that frantic pace of milestone posts, I gave them a rest for the past few months. I figure mentioning my progress every 50,000 BP is plenty.

Curating with even more

Thanks to over 40k in delegations from other users, I'm actually curating with about 1.1 million BP. My full votes are worth about 50 BLURT each.

BLURT price

While BTC is at $71k, near its all-time high, BLURT is at $0.0025, near its all-time low.

That fact can't be denied, and it really puts a point on how bad things are right now. We have a really solid blockchain, and some good content, but out token price is abysmal. It just can't lift off, no matter how well things are going for the overall crypto market.

This is what potential investors see when they look at the BLURT chart:

Sadly, those charts are a few weeks old now, and would look even worse if redone today. BLURT has never been cheaper than it is right now.

So yeah, that could mean buying opportunity... if the future is bright. But it could also mean we're holding a losing bag that will never appreciate significantly. Maybe the Blurt economy is broken? Maybe there's corruption amongst the insiders? Maybe the token is inherently hyperinflationary? Best we can do right now is cross our fingers and hope.