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RE: STEEM Dilution Rate - MUCH higher than you might think…
Oh, no. That means I should power up everything unless I believe the market cap to rise by at least 300%. Dilution of powered-up will be 35% the first year if I understand it right.
If you think Steemit will be here for the long haul, and your not speculating on a short term basis, Powering up NOW is a good idea. Your numbers are right, but in real terms it's still 10%..
First off, thanks for such a concise post that is written in a form that a n00b like myself can understand.
Im a new user on Steem, with no major intentions of being a content creator or the knowledge to actively day trade crypto currencies. All im doing is buying a few hundred potentially a thousand USD worth in Steam Power and wait. I do some light curating at night. I swear id be a billionare if I had boobs though. Those upvotes....