Steem under a dollar! Meh

in #steem8 years ago (edited)

View this post on Hive: Steem under a dollar! Meh


Steem is no longer decentralised and may steal your funds. Use Hive instead.

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It's a perfect time to convert SBD into Steem )

I’m accumulating as much SP as possible these days...This is the period of time on which all of us should do it.
Anyway, knowing that your power down is for a good Steem cause I am not going to reproach you my friend.
Despite all the bad critics we have lately against the Steem blockchain, I still cannot find any other crypto with the level of usability and applicability as Steem has.
For me Steem is the number one undervalued crypto but I still think it is going to change once HF20 will be deployed and devs start to work on the backend aka steemit.
We have to be patient a little more. Good times will come back.

I don't mind at the moment. In fact, I do enjoy the bear market a bit. During the bull market I was spending every minute watching charts, and it was hard to get any job done elsewhere. Now it is bear market and I am tired of watching negative charts, and as a consequence, I am finally able to do work I should have done long time ago!

I do believe in it but it blows to see that the vast majority of people don’t. I’m just gonna keep doing what I’m doing and hope that eventually this place attracts more people. That folks can see that someone living in Venezuela or something can support a family by being active on here. How important that is....

i believe in steem same i believe you are an awesome rockstar @steevc
what goes down will come up and steem and @steevc are here to stay and rock the world.
p.s a newbie question as i am still figuring out how power up or down works. i read somewhere when price is down, is to power down and when it goes up , power up the account? any ideas?

Power up just means to move Steem to Steem Power so your voting power goes up. You only need to power down if you want to spend or cash out some Steem. It takes 13 weeks to get all your SP out. It's not a good time to sell Steem as the price is so low.

thank you @steevc you rock. have a very nice weekend rockstar

Aaarghhh! panic, should I sell at half price? Should I stop posting as its not worth it any more?

94 cents Steem, maybe I'll just get a little more next week? That 6k BtC is the test, it's close to it now. If it breaks then we can all buy some really cheap STEEM.

I've said many times that I kept posting even when Steem was 6c. I have fun here and it's not just about the money. I've no idea if it will go much lower this time.

Until we have merchants who accept crypto as payment and who also can pay their supply chain without converting back to fiat, the main focus of all cryptos will just be speculation on price (versus fiat).
So we have to expect these price wobbles as speculators favour volatility over stability.

The price of Steem will go up, its only a matter of time, and since most coins are pegged to Bitcoin, seems when bitcoin is down so are all the other coins. I see the day coming when all currencies can be bought with fiat, then the price variations will not be as big when Bitcoin climbs or falls!

I just noticed the price too @steevc having bought some earlier today. 😢

However, I'm sure in the future that will still look like I got a good deal and we're only talking small amounts anyway.

I believe in the long term future of Steem. I just hope it doesn't take TOO long. I'd like to be able to enjoy my earnings myself rather than leave it to the kids. 😂

This is my first experience of Steem below one dollar.

This is nice. It gives newbies like me a chance to invest (when we have money) and take advantage of the markets. Hopefully I'll be able to invest soon. Ooh! And have fun at Steemfest. I'm not sure where it's going to be held since I'm very new nor do I even know what kinds of interesting things and people do there .

Steemfest is non Poland. There will be lots of talks about projects and other things, but it's also a social event

Oh! That sounds like so much fun! I hope you have a great time! I take it that this is not your first time going. If not, what was your first experience like?

I went to Lisbon last year and it was great. I was just amazed how many people knew who I was. The active Steem community is quite small. Making contact this way enhances the experience. Find local Steemians if you can to meet up. It doesn't have to be a big event.

That sounds amazing. Maybe one day we can do a meetup with some folks near me and I can drive to meet them. It won't be for a while, though. Busy season is approaching for me and I hope that my line of work, I stay busy enough to make enough money to keep me aflaot during the off season.

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