Well there always seems to be some discourage steemians around steemit. Trust me I feel your pain, being here on steemit for 2.5 years I have seen the good, the bad and the ugly.
Source
I've seen Steem at $0.25 and I have seen it +$4.00. I've been through several HF and not all of them good, bit not all of them where bad!. How will the next Hard Fork Affect us? The world will never now until it happens. One thing that I think will help is the proposed 50/50 split on rewards. Giving curators a 25% increase on rewards will do one thing, it will attract investors. Lets be completely honest, steemit is an investment tool. The new rewards split is a Good Thing
Source
Lets talk about some ratios that point to an increase of steem. Back in December of 2017 the steem to Bitcoin ratio was 4750 to 1 meaning that you would need 4750 steem to equal 1 bitcoin. Today we are sitting at 31,578 to 1. Think about that for a second...... that is freaking crazy. If you arent investing in steem right now, you are missing an opportunity of a life time. Just remember that Steem is so much bigger than Steemit, and always remember they are not the same thing.
Hold your high in the rain and always remember what follows after the rain has stopped!!
31,000 steem to equal 1 bitcoin, do you really need to know anything else.
Buy! BUY AS MUCH STEEM AS YOU CAN! volume drives prices.
Here are a couple good gifs that I found... hope you enjoy them.
.gif)
Kepp stacking steem!!!!
@raybrockman
.gif)
The rich (whales, investors, bots) will be richer and the poor (content producers) will be poorer...
I think they call it life.
If only there were a SSG token we could invest in...
Posted using Partiko Android
Ssuk has the closest thing with his @spinvest token, it uses steem-engine. It is almost like the good old days when we use to have a group buy. Well worth checking out and loving the gifs Ray.
Its been talked about, but there are a lot of issues, I am sure one day there will Be an SSG token!
Especially cause we wpuld want it really backed by precious metals
Posted using Partiko Android
Its because we have Precious metals is why i don't feel so down about crypto values because they are only each one component of a diversified 'Off-the-grid' portfolio .
@kerrislravenhill you are correct. I also see crypto more.loke fiat. This means when.makong decisions with it I do not have crazy high expectations and plan for the system to not do well at points. Thanks for sharing!!
Posted using Partiko Android
The ratio now very low because of the very big jump bitcoin did in the last few week and I think that will increase much in the next few weeks
Posted using Partiko Android
lol that neo gif! nice!
I feel the same way. 50/50 split is a good thing, and I’ve felt the desire to buy more steem, as it does feel really undervalued at the moment.
Have to agree with you Ray that we should be getting steem as much as possible. I think people forget that steem.and steemit are different. It's another reason I think the tokens from steem engine will help expand its value. We should discuss the ssg token for sure.
Posted using Partiko Android
I have been reading around the whole HF21 thing and 5his new 50/50 will definitely benefit the larger whales. I hope it doesn't become one giant vote swapping exercise where they decide to only upvote each other to benfite from the extra curation and post payout increase due to more upvotes being handed out.
Time will tell how it pans out, all I know is I'll still be here 😉
Great discussion. Hmmm... an ssg token?