STEEM will remain it's own blockchain (for now) - What opportunities can come from this?
Hello and welcome to this SPinvest post
SPinvest is a tokenized investment fund/club for all users of the STEEM blockchain. Everyone is welcome! The concept of SPinvest is to get rich slowly by using time tested methods of earning, saving and compounding long term. We encourage long term investing on and off the STEEM blockchain. We hope someday everyone will HODL some SPI tokens that can be bought directly from @spinvest are through the steem-engine are dex.steemleo exchanges. Full details about SPinvest can be found here
100% BuyBack Liquidity offered
Buy and sell back SPI tokens on the Steem-engine are Dex.steemleo exchange's
SPinvest will never be TPinvest
Everyone is embracing Justin Sun buying Steemit. His introduction steemit post has over 400 comments and 99% of the feedback is good. I have watched the 1 hour long dlive podcast from Justin and Ned that was released last night and Justin did confirm that there would be no token split/fork taking place soon and that he planned to run both STEEM and TRON as separate blockchains so no TPS token just yet. He did say for now a few times and mentioned a 2-year plan so we might see some sort of merger in the medium term. For now, everything will continue on as is
A lot of people are writing posts of about Steemit is not STEEM and they are 100% correct but...... i think Ned had around 70 million STEEM so i assume that Justin Sun gets that as part of the deal. Justin Sun may have bought Steemit but he has also possibly bought 20% of all the STEEM in existence. Holding 20% of all STEEM gives him the power to do whatever he wants to the STEEM blockchain. I seen a stat recently that the top 30 STEEM witnesses hold around 45 million STEEM between them. Justin Sun could give STEEM to his Tron witness team and just outvote all the STEEM witness on anything. I have a feeling this will not happen but it might. Point is, Justin Sun has bought Steemit but that comes with a huge STEEM holding as well, so it's as much about STEEM as it is Steemit as i understand it.
Justin Sun's STEEM POWER earning from inflation on 70 STEEM is 4219 STEEM per day, 29,534 per week and 1,535,780 per year = Madness
I wonder if SPinvest should airdrop Justin Sun some SPI tokens?
Short term for SPinvest
Nothing will change and everything will continue on as it has been. We are seeing a decline in tribe token prices and this will affect our total holdings in terms of STEEM a little bit but they will bounce back. Our exposure to tribe tokens is around 3% of the total fund so nothing to worry about. We can see that the STEEM price has corrected itself a little bit dropping back down to the 25 cent area. Short term, we have no worries.
I added the SPinvest buyback wall back last night after talking with a few club members. I have decided to add 500 STEEM at a time to try and make our funds last longer. Thing is, i don't mind people selling there SPI tokens, that's why we have this wall in place but when someone sells, they are unlikely to buy back in so when major things like STEEM going up 30% in 2 days and another blockchain buying STEEM happens, damage control actions will take place. If we had a 20,000 STEEMP balance, there would be no issue. I am sorry to anyone that has tried to cash out and was not able too while the buyback wall was down for around 12 hours. My actions are in the best interest of all token holders and ensuring we have a funded buyback wall.
I have just remembered that both Justin and Ned were talking in the video about a new Steemit website release next week. They mentioned it a few times but never went into any detail on what changes, they spoke briefly about communities like subreddits and making the signing up process easier but that was about all. I am sure we will be seeing more information about that as the time comes closer and a new are updated steemit interface is long overdue.
Well, they are endless are they not? Justin Sun, Tron's resources, Justin Sun, Trons userbase, Justin Sun and his twitter account. In the Dlive video, Justin Sun spoke longterm of integrating are merging STEEM with Tron somehow and the goal was to open up both blockchain to both communities so we could use Tron dapp's and vice versa. He said that this would open STEEM up to everything Tron is already available on meaning STEEM would be on Samsung smartphones and all his other projects. Even if the guy only tweet's about Steemit, our user numbers are almost certain to go up based on his influence alone. Justin talks about the STEEM token price and he says to HODL and that the price will go up. If he owns 20% of the circulating STEEM, i can't see why he would wonna tank the price, at least short are medium term.
The opportunities for SPinvest could be massive. If Steemit gets a bunch of new users as a result of this, it's only correct to assume that SPinvest could potentially get an influx of new investors looking to invest into STEEM long term. This could be the real injection to help us toward our goal. Lots of fresh new blood would be awesome. If Justin Sun and his team can build STEEM into a $1 billion blockchain over the next few years, SPinvest will become one of the leaders in DE-FI on the STEEM blockchain and our earnings could grow massively. If STEEM ever goes to $1 billion again, each STEEM would be ballpark $3.30. At current earnings, SPinvest would make over $1500 per week that could be used for off-platform investments. That's 1 oz of gold are 15% of a Bitcoin, every week!!! There are lots of opportunities, that's for sure.
Steemit currently has 5000-7000 new posts created every day and around 35,000-40,000 comments ontop of that. That means only 5000-7000 people are creating content and a lot of us have more than 1 account. The other 35,000 are curating and leaving comments. These are really super small numbers and if Justin Sun and his team could even get that number to 50,000 new posts every day with 350,000 comments which is still small for social media numbers, SPinvest will be busier than Santa on Christmas eve. Can you even think about getting x10 more comments on your posts and even better, x10 more upvotes? my mouth has just started salivating, x10 more SPI tokens issued? We are getting close of 100,000 tokens issued and x10 more would be...well, you know damn well what it would be :)
There are lots of opportunities there but as we spectators in the bigger game, we must wait and see which ones are explored and then adopt, grow and do the best we can to ensure SPinvest and the SPI tokens remains an excellent long term HODL.
Buy SPI tokens directly from @spinvest. Each token is currently priced at 1.00 STEEM and you can send any amount directly to @spinvest and i will issue you SPI tokens to 2 decimal places for the value of STEEM to send. All tokens bought directly will be sent to investors SE wallets within 24 hours but most likely much sooner.
|SteemPower Investments Introduction Post||Click HERE|
|SteemPower Investments Club Partnership Agreement||Click HERE|
|How to become a club member||Click HERE|
|How to convert SE tokens into SPI tokens||Click HERE|
|Join the SPI club Discord server||Click HERE|
|Join the SPI curation trail||Click HERE|
|What's best for the SPI Club? Centralized vs Decentralized||Click HERE|
|SPI tokens 95% buyback guarantee||Click HERE|
|SPI Club monthly Fiat to SPI token group buy||Click HERE|
All questions are welcome, please ask in the comments below
CLICK here for full details about SPI beneficiaries
Show support to SteemPower Investments through it's Patreon Page
Click here to join the SPinvest community over at beta.steemit.com (Steemit Communities)