It feels aweful but it is great for investors and long term holders. Im in for a long ride so i pretty much dont care. All i care about right now is to build up my ateem power. When everything moves back ,
agreed. it's excellent for investors. we are up and coming. the alexa rank is only getting better by the day. so the price going down is only a fantastic buying opportunity.
When it dips down this low, that is the time to buy in for more.
Also too, when it gets down this low since you can buy more(it was at 78 cents per), you can essentially buy double the steem. Then when price goes up and you have lets say 2,000 steempower instead of 1,000(since price went in half), then your 2,000 steempower is worth more in voting.
Check out your current steempower vote here if you want to see what I mean, it calculates it for you depending on the steem price.
I'm really hoping it keeps dropping, then every dollar my post earns makes me earn that many more Steem! Which means more Steem Power, which means growing in the community! :)
It feels aweful but it is great for investors and long term holders. Im in for a long ride so i pretty much dont care. All i care about right now is to build up my ateem power. When everything moves back ,
agreed. it's excellent for investors. we are up and coming. the alexa rank is only getting better by the day. so the price going down is only a fantastic buying opportunity.
wow you ain't kidding, look at how much it is jumping :) http://www.alexa.com/siteinfo/steemit.com
When it dips down this low, that is the time to buy in for more.
Also too, when it gets down this low since you can buy more(it was at 78 cents per), you can essentially buy double the steem. Then when price goes up and you have lets say 2,000 steempower instead of 1,000(since price went in half), then your 2,000 steempower is worth more in voting.
Check out your current steempower vote here if you want to see what I mean, it calculates it for you depending on the steem price.
https://www.steemnow.com/upvotecalc.html
How long do you think before we recover back to $2? Think it'll be soon after Aug 1st?
I have no clue how long it'll be before a recovery. I'm betting probably not until after the 1st though.
buy steem and hodl. Current price doesn't matter in long term.
I'm really hoping it keeps dropping, then every dollar my post earns makes me earn that many more Steem! Which means more Steem Power, which means growing in the community! :)
If Steem price drops, then your earnings drop too...because the earnings are displayed in USD.
Depends on when your earnings come in
I was talking specifically about author rewards....not really sure about curator rewards.
I'm all for it, but first I want to buy more at low prices ;-)
i'd say its a good time to invest in it rather than criticising the fall
its mostly because of BTC going down
i'd recommend to buy and hold if you can
I hope it stays down a while so I can still afford to buy some over the coming weeks. Haha
Steem is a long play where I'd rather invest time than $.
Big drop. Much bork!