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RE: A question for you

in #qanda6 years ago

I do wonder if they would power it down and try to invest in other things. If all they care about is ROI I don’t expect them to be holder of Steem once that avenue is gone. This does not mean however our own ecosystem could not provide other investment opportunity.

While my own holding are not massive in Steem Monsters. Since prices are listed in Dollars and despite the decline in Steem they are still going up in dollar amounts.

Perhaps SMT and other digital assets could hold some potential future for people to want to invest in those over the bid bots.

End of the day we just need more options. Image if a company grew up on our blockchain and you could have bought shares in that company with Steem that funded their future and allowed them to power up to support salaries, promotions, and other stuff. Who would care about ROI of a bidbot if you could get kind of returns a startup could yield in a few years by investing in it.

So many seem keen on trying to tie up every Steem out there into SP. The less SP the more votes are worth. As long as there is an ecosystem to support and utilize the higher amount of Steem that just look like a very healthy economy.

If to many try and invest in bidbots by massively converting into SP then votes powering network wide just decrease per vest. There will be a point where they will need to power up so much more just to make a few extra cents that it won't make sense to do so. Which is the long term issue they are facing when it comes to ROI.

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Cheers @enjar :)

I do wonder if they would power it down and try to invest in other things. If all they care about is ROI I don’t expect them to be holder of Steem once that avenue is gone. This does not mean however our own ecosystem could not provide other investment opportunity.

Well yes, it's not gone and curation is still fairly lucrative if compared to 2/3/4/5% on your savings account.

Steemmonsters has also proved to be a decent investment thus far, especially for those who bought early - I have a few.

The 'more options' are being worked on I believe, and hopefully, SMTs will provide what you discuss - we only need one to do well to cause a stir :)

Hi there could you point me to the nearest 2% savings account beacuse I'm getting like 0.1% right now....

It depends on which country you live in. Don't be surprised to see 6% for savings accounts. But these countries tend to be developing countries and many times the currency devalue against USD. But you can manage to get 2+% effective gains on savings accounts. It's a little risky and involve a lot of work. I'd say just buy crypto instead. MCO might probably release their crypto card: https://www.reddit.com/r/MCOCrypto/comments/9eg61c/complete_guide_to_mco_for_beginners/

They also own this domain name: https://crypto.com (that's Huuuge!)

Wow that is a really nice domain. I heard a little bit about MCO last year, I am going to have to do a bit more research because a card would be really useful for me.

Did you finally get your hunt airdrop? I saw they were pulling the plug on september 13th so I got mine.

Yep. I collected my part and made a post to spread the message to my followers too. currently I have over 12K+ HUNT Tokens. I'm curious to know about how people would value the platform I made a post asking the community but no reply came: https://steemit.com/market/@vimukthi/dear-world-how-would-you-value-steem-hunt-a-mini-analysis-on-the-token-economics

I've been following MCO since the ICO and launching on exchanges with 400+% gains on the first day after release. I'm kind of afraid of getting a card for myself because my parents might think I've got enough to support myself (currently I'm living 100% on my parents)

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