My Water Fasting Just Ended And So Some DApps SP Delegations

in #esteem7 years ago

It all started from spaghetti and ended with soup. That's how my water fasting was born and found its demise today. As I mentioned in my previous post I made this Sunday a fasting Sunday and about 10 minutes ago I had my first meal after 24 hours. It was just a soup, because I had to slowly get into food again not to mess my stomach.

The experience was nothing new for me but it was bearable and during these 24 hours I drank something between three and four liters of water and honestly that amount kept the hunger away pretty good. Other than that I felt good, a bit dizzy, a bit sleepy which led me to a 45 minutes nap and now I am like a freshly rebooted computer.

Speaking about reboots looks like Steemit/Ned is also rebooting the system as I read in quite a few articles around here. You probably knew that @ned already took out almost all of his Steem Power to bittrex by powering down and now the official account of Steemit is doing pretty much the same thing.

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image source

The only difference is that now we are talking about 34 million Steem and not just 1,5 which led to FUD, panic and some delegations being taken from some of the lucky DApps that had good amounts of SP delegated. One of them being @musing on which I was very active for about half a year or so.

As @cryptoandcoffee said in his last post such DApps shouldn't have relied that much on Steemit's delegation and do something with their SP earned during time, something like...powering up. They didn't do that and now it's about 80,000 SP that it has to curate and a lot of spam to choose from. For now I don't see people being to excited to delegate with all this FUD but if the Q&A platform would do something to improve that things might change.

It's not only musing being affected. Personally I can't say anything about Ned's decisions and what will happen with the price of Steem after these power downs and moving of the funds to exchanges but I will say that we are ahead of four interesting months. I just hope that Ned knows something about a new bull run and he's preparing to sell at a good price and not simply getting out on the back door.

Thanks for attention and have a great Sunday evening!
Adrian

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For me it’s clear he is an irresponsible speculator.
Anyway, we will survive if the witness are able to sustain the Blockchain...hope so if the price doesn’t fall so deeper in order to sustain nodes and servers

Posted using Partiko iOS

Recently the price held pretty good but who knows how longer the bear market will last. What I don't get is why didn't he powered down and sell when Steem was $5. It would have had funds to sustain the project properly.

Because he is an incompetent?

Posted using Partiko iOS

Deducting from his actions you're right. If I were in his place I would have sold Steem at $3-$8 with no regret. Everything that goes up must come down. This way he could even buy cheaper and more latter on. The mistake that he has done and others also is to believe crypto is going to only go higher in price forever. The cycles that the crypto markets are having are for profits to be made. If we are going to have any bull run this year I will sell all of my cryptos because I don't get the point of HODLing like a dumb ass forever. I entered this game for money and not to collect cryptos like stamps. I am still hodling my cryptos because I bought them at higher prices and it wouldn't be profitable but such cycles are not to be wasted and don't plan on doing Ned's mistake if a bull run comes. In some train stations trains don't come every hour so you have to pick wisely.
Bottom line, yeah he proved that he is incompetent...

Congrats, I've never done any fasting voluntarily.

I've done this for an entire year, one day a week :) Feel free and try it. It's worth it.

I have to train mentally for that first, I'm terribly at fasting. Once I had almost a full day without food because I got some terrible, life changing news and could not eat. I can't eat when I'm stressed out.
Another time my cousin has convinced me to do a 500 calories day to loose weight. I was starving and got a horrible headache and the worst thing was I couldn't not take anything because my stomach was empty.
So I need self control to do it 😀

Definitely. Water is highly important. A minimum of three liters for me is good. The lack of a decent amount of water can easily create headaches. I know that from my own experience. Now I am looking at one day a month of such fasting but I am always drinking a lot of water. In spring and summer it's easily to fast than winter. I've done it anyway but I noticed the difference.

Maybe one day :)

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