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RE: Blockchain bible and crypto church | A compendium for the friendly crypto investor from next door

in #cryptocurrency7 years ago (edited)

What about steem power? Let say for example I am holding steem power in my account and the price of steem goes up, does that mean that my account value will increase ? In other words steem power is the same as the market value of steem? And let's say I have 1000 dollars of steem power and the price of steem goes up to 10 dollars, does that mean ill have 10,000 dollars in my account value? Oh and do you think Steem will be in blood bath in august along with the other coins? Sorry for all the questions and thank you for being so tolerant and helpful :)

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Yes everything you say here is right, but remember that you need to wait 13 weeks to power down all of your steem power... and in this 13 weeks the price could drop significantly (:

Yea, 13 weeks is not little (:

Well not too long ago you needed to wait over a year for the full power down... so it improved at least a bit :D

oh yea dude, that was insane :D

Yeah it was :D

And only god knows what will change in the upcoming hardforks...

So what is your conclusion, what are you going to do? (:

I just powered up another 600 steem, let's hope for the best now my friend , lol (: BTW do you have skype,viber or facebook. Gotta keep in touch because steemit is still in beta and this messaging is kind of wierd :/

Good luck with that investment (:

No sry, I don't use anything else... only steemit :D

I really enjoy this oldschool like chatting, but it's not very fluent!

Yea me too (: