RE: Steem: An In-Depth Overview!
Oh..what? suppose I have $10 SBD today and today steem price is 0.28 cents ....and in next month steem price is 0.33 cents... and if I still have $10 SBD .. what is the value of my SBD in both cases............suppose I hold $10 SBD for 2 years and steem price is $5 then what... BUT you say SBD price doesnt not fluctuate.. Suppose I want to hold my Steem earnings for long term and I am betting on a big price increase in next 5 years.. Which currency I should be holding my earnings out of the 3 currencies..? Which would be the most profitable....*I am sorry again .. I remain confused. @TeamSteem and you also said "You receive SBD, Steem and Steem Power when you post." NO I only receive SBD and Steem Power, but no STEEM check my wallet. There is no way to earn STEEM. SEE I am online and I could not understand this in 1 hour.....This is a problem... this should be simple...If I dont understand it then will i be active here..most likely not. Before I give me my time here I need to be clear... Time is a valuable thing. I still find other social media platforms easy.. alright they dont pay...but there is a lot of traffic and engagement there. My posts get like $0.3 cents I mean at least I get branding and comments on other platforms...all I see on steem all day long is bitcoin talk....and I struggle the entire day figuring this platform out.
Any of the other platform you're using hasn't built their traffic instantaneously. They gain popularity over other platform because they had something others couldn't offer and this is the case with Steem and why Steem is going to grow to be very popular.
Also simple doesn't mean it shouldn't be complex. Simple should rather be reference as build intelligently. I can't learn to fly a plane in 1 day but doesn't mean plane shouldn't exist or thatthey aren't build intelligently.
The best currency to hold long term is Steem Power.
10$ of Steem Back Dollar is worth 10$ USD no matter what the year you're in.
If you have a receipt for 10$ back by gas then the price of gas can fluctuate meaning you might have more or less depending on when you exchange your receipt but it will be 10$. The amount of gas you'll receive will fluctuate not the value of you receipt. Same will Steem Back Dollar, the only difference is they're back by Steem. So if you hold Steem Back Dollar and the price of Steem goes up you don't benefit from the price appreciation. Holding SBD is almost like holding USD.
Thank you for your perseverance.
Thank You :) but you still dint asnwer..how do I get Steem and its utility
You can either buy Steem with bitcoin, get some through post rewards. Their utility is to power them up. The reason why Steem Power exist is so that someone cannot vote 2 times with the same Steem. Because Steem Power are lock someone can't send themselves their Steem and then revote a second time on the same post.
My dear friend "get some through post rewards." I Posted a lot of photos..I only got Steem Power or SBD but no Steem .. I politely ask you the 3rd time..How do I earn Steem ?
Through post rewards. The new rules make it so that you are being paid only 7 days after you post. You'll receive Steem. Also I wrote you can buy some. Also maybe sometimes you'll receive only Steem Power and SBD for your post. You can also power down.
Why I havent received any Steem yet? (4th time)
I Have received many post rewards.. including SBD and Steem power BUT NO STEEM.
Why is my question so difficult to understand?
It's actually the first time you ever asked:
The other time you ask, How do I get Steem? Which is very different.
I'm being nice to you don't be rude toward me please. Thank you. I don't know why you haven't received any Steem.
You're right. You only received SP and SBD for your posts.
https://steemdb.com/@prakashghai/authoring?filter=posts
But sometimes for some reasons you'll receive some Steem. I thought we always receive some Steem but I was wrong on that and stated so pretty early on. Also I don't work for Steemit inc. I'm here answering your questions because I feel like it.
https://steemdb.com/@teamsteem/authoring?filter=posts
No no I am NOT being rude.. just losing some patience as since yesterday I am asking you about Steem. No problem..if you have no information...its ok I am ok not to understand it. You relax. @TeamSteem :)