Bought more Steem this week!
Over the past week I have been buying more steem to build up my steem power. I have bought about 1,000 steem over the last week most of which was below 2$ which seemed like a great buy in my opinion. The reason why I am doing this is I believe steem will be worth much more in the future and we are in on this in the early stages still. I have powered all of this steem up to have more influence on this site whereas my upvote will now be worth more and as the price of steem rises my upvote will continue to be worth more also. I am very excited to share this news and in my opinion buying steem and powering it up is a great way to save and invest for a very bright future.
I will be continuing to purchase more steem and powering it up to build up my steem power to massive amounts and this gets me very excited. I now know why it is called steem power because you are powering up to a new level every time making you more powerful here on steemit. I felt very good after making this purchase of steem it feels really good to have more steem power and my up vote reflects this!
Thanks for upvotes!
Smart man, well done. 👍
$$$BUY, BUY, AND BUY SOME MORE$$$
I have been doing that ever since we have had that minor pull back from the ETH flash crash... Been screaming that it is a buying opportunity. I put my money where my mouth is:)
Awesome job Ryan, congrats! Im slowly but surely doing the same. Its about that time I should be purchasing more before the price goes up!
Nice. I'm going to buy some more soon too.
awesome dude! it does feel pretty cool to power up and then give some nice upvote rewards. best of luck
Hello
where did you buy them bro ?
from blocktrades website
thx bro
Even me mate that was my plan next building up my power, nice! by the way you have your youtube channel right ? its says the same ryanblue7s look familiar to me just made subscription for you mate. Stay awesome bro!
Well done!! @ryanblue7s has figured out how this STEEM MONEY MACHINE works! I just hit 1600 Steem Power, was about to post about it. I would appreciate a 100% upvote and I am following you so I can do the same!
This Steemit platform is incredible and has been described in the white paper as a censorship resistant data layer for the entire internet. I think we are creating the foundation of WEB3.0, its like 1995 all over again. We are rebuilding the internet through decentralization and blockchain technology!
1600 Steem Power will earn you some decent rewards
It is very good move because SBD price is going up :) so buy Steem for SBD :)
I totally get what you're saying I've been thinking about purchasing Steempower too, but I'm a bit hesitant because I don't understand everything about Steemit yet. The inflationairy nature of Steem for example. Every year the amount of Steem double's correct? But it won't decrease 50% in value each year. Is this because not all the Steem that is made is sold on the market? And do you buy Steem or Steem dollars on the external exchanges? Also it looks like if you buy Steem a external exchange it's cheaper than to buy it from blocktrades. For the same amount of BTC you get more Steem on the external exchange than on the block trades. And how much Steempower equals how much value in an upvote? And why do you think the price of Steem will go up in the long run? And what happens to the reward pool when more people join Steemit? Does the reward pool remain the same or does the reward increase with the same speed as the Steemit user community grows? Because if the reward pool will increase slower than the Steemit user community the rewards will be less and less. And if the value of Steem would decrease it might not be worth using Steemit anymore in terms of earning money. But then the community would shrink again I suppose so in that way the rewards would go up again. But first the price of Steem might drop then because less people would want to buy Steem in the scenario I described. Sorry for all of these questions but this are just the things I'm thinking about when I think about purchasing Steem. I don't want to fully dive into something I don't fully understand yet. I would love to power up but I first need to fully understand how everything works.