Is Steem Worthless? Priceless? - Steemityourway - Pal Going Down - LEO - CCC - 1308 -11/614
I've been very closely following the Pal Market and did a LOT of trading in it and "probably" lost a Steem or 2 although maybe I didn't. Watching Pal struggle reminded me of Steem and that it's very difficult if not impossible to make any real money. As far as earning rewards I think Steem has a zero to negative value.
This made me think about leaving the platform. I even got rid of my autovoter.
Although I don't think Steemit in general has little if any chance of giving out rewards I think it does have potential as a social media platform. Facebook and Youtube are both pretty well censored and I think they are also sexist and racist.
Since it's hard to really earn money on Steem I'll probably start doing Stemit my way.
As I mentioned I see a lot of downward pressure on the Pal token since I think people just generally cash it in for Steem. In addition there are a lot of Pal hoarders that are ready to sell.
I do see signs of hope with #LEO and #CCC I will probable switch from Palnet to Leo's browser https://www.steemleo.com/
If you are a creative person you might want to use https://www.creativecoin.xyz/.
There's a chance I might even create my own token eventually.
Thursday 9-12
#mysearchisover
1,154.801 SP/1777 VP
1,165 Steem Account
90 Trading
12 CCC .021/.02399
12 LEO .0911/.1198
11 STEEMSPEAK
7 SBIT
6 USDONE
3 LIFESTYLE
2 SWIFTP
1,308 = $205
Someone got pissed at me for saying that with reward changes, and the platform still being in a beta state after so many years, whales having too much power etc the price of Steem could go below 0.1 USD.
I was told that I was crazy. Well, we will see. I still give it a more than 50% chance that it goes below 0.1 USD. They have such a HUGE opportunity, withthe classical social media under so much pressure. But they are not using this momentum at all.
I think it might go below 10 but hard to say. It might take a lot of Steem to buy LEO. lol
Congrats on having a lot of LEO. I have over 600. :)
Well you have more LEO than I have (433). But I have been selling most of the tokens I gett to buy more AFITX tokens.
I guess you can use as many tags as you like if you are part of a tribe, I don't know if any you mentioned are tribe related but I've been trying to escape my own tribe for years so I am not into joining others....lol.
You seemed a bit depressed over the financial offering/outtake on things....you hanging up your king crown? I think they've made it even harder but there isn't much you can say to people who think they are making the right decisions. Setting things up so whales or exclusive groups of people are the only one's able to make lead way didn't quite make sense.
I'll probably mainly only use other tags if I am bashing other coins. lol I think the main Steemit only counts the first 5.
Leo might make me rich. :) lol I dunno if I will ever cash out though.
https://www.steemleo.com/@mysearchisover
I don't know it's down 19%...maybe you see things I don't.
With all the changes and continued price decline, I’m ready to give up too