Going Green and being seen on Steem

in steem •  4 months ago 

Going Green is a level obtained in the Church of Cryptology which is surprisingly, even scammier than the Church of Scientology but at least, when you feed the Church of Cryptology money you get magical tokens in return.

At the moment there is a bit of a good mood around the place as Steem climbs up almost 20% in the last 24 hours and a faint glimmer of hope is on every holders held breath saying, please, please, I bought at the ATH.... help me please...

Or, did you sell already?

I am sure that there are many selling and taking their profits out after buying in at 20 cents, 25 cents or even 30 cents. If you bought at 30 cents you are up 35% right at this moment. Take the money and run? Not a bad idea considering it might drop again or, what if it keeps climbing? This is always the dilemma isn't it?

For me, I don't really have any Steem to sell at this price so I will wait for something closer to 10 dollars before I seriously consider taking some and then, it won't be much I predict. A little to clear some debt, give some breathing room and of course, buy my wife and daughter something nice-ish. I am kind of hoping it will drop back a little to be honest as, I missed my buy-in opportunity and don't get anything for a week or two.

The last year I have been working extremely hard to try and take advantage of earning on the platform as I know that as soon as the price goes up, earning becomes a great deal more difficult due to the dynamics of crypto. Prices increase, vote percentages drop and, a flood of people return to post and, a flood of new faces crash onto the scene.

I am pretty sure there are a going to be a lot of ex-prolific posters returning to pick up on their still set autovoter trails. There are quite a few people who at the highs were happily pumping out 3-4 ridiculous posts a day but at the moment, near radio silence. I manual vote but for those who do auto, check your trails and make sure you are still keen to support who you are supporting before the price increases.

Regardless, the size of the pool doesn't change as price increases but there are going to be a lot more people (and their alts) vying for Steem attention. The time to earn Steem isn't when price is high, it is when there is no one here. It really is like any investment, buy low, and on Steem where the crypto can be earned, the lowest prices amount in the highest Steem earnings due to the lack of competition on what is in the pool.

I am hoping that in 2019 I can squeeze up into an orca suit but if prices increase drastically, that is unlikely to happen as the competition will lower and spread distribution to more accounts. That is a good result for those like me who hold Steem too, it is just a bit of a psychological victory to make it to 50k perhaps.

@demotruk posted this chart which I found interesting today on active users:

In his post he talks about the generations of users based on the time frame and market situation they entered into. I myself joined in the middle of the Gen 1 period.

This is the Steem price chart:

!steemchart.PNG

You see the blue line of active users and how closely it matches price? You see the orange line? What is interesting is the drop away on active authors is of a higher rate than the drop away on the curators, which indicates how many automated curators there are. However, those votes landed on something didn't they? the difference in the dropped percentage means that more Steem landed on a smaller selection of accounts. As said, the best time to earn is when prices are falling and people are leaving.

The base is built at the bottom.

However, what would be interesting to see is the behavior of who exactly is still here and who is not. My prediction is that most of the people that came in at the price increases left pretty quickly at the falls but, those of them who stayed, are among the hardest here. Those who stayed are also likely the ones that despite the falling price, learned how Steem worked and, the opportunity of it in the future to come. They stayed to earn crypto for posting and doing things that they were already doing other places or, helping them learn more about crypto in general through posts and interaction. They will hopefully have a good base to work from as price increases now.

What I also think is that with each rise and fall of the market, the core of Steem gets stronger as a small group of each incoming pump learn enough that they stay to become part of the community and, even buy-in on the descent downward from those who want to sell their easily gotten gains or fear holding. There are those who sell and say they will buy in lower of course too but, the amount of Steem on the exchanges kept growing despite price falling.

I don't know much about reading charts or trading but I do know enough about human behavior that once price increases, the posts will go up also and with each increase, there will be a growing number of people coming into try Steem and crypto i general. Mainstreaming won't be completely meteoric, it will ebb and flow with each ebb being higher and carrying more upon the wave than the last.

When I look at that second chart of Steem price where the ATH hit 8+, I imagine it looking quite flat once zoomed out over the next 10 years. In ten years, how many of those ex-accounts will return? It won't matter because there will be tens of millions of other accounts created and interacting on top. There are 4 billion people and growing on the internet, there are about 20,000 real people on Steem posting at the moment, how many are really needed to completely change this place, how many are needed to be wildly successful?

I don't know but one day the charts are going to look very similar but, the numbers are going to be very different upon them. Those who are here earning and buying Steem over the last year may have just finished their most profitable earning run in their life. Well, that is really gong to depend on the sell price.

Or for me, the hold price. After all, Steem can earn more Steem, it has Resource credits attached, account creation possibilities and a whole range of various invest potentials that aren't even created - yet, people are still selling. I can't help to wonder if they know something I don't or, they don't know much at all? At least, hold a little Steem just in case right?

Taraz
[ a Steem original ]


View this post on Steeve, an AI-powered Steem interface

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I manual vote but for those who do auto, check your trails and make sure you are still keen to support who you are supporting before the price increases.

So much this.

You could be right saying that this period could have been the most prolific growth period I will experience as it will all change again soon. Maybe it is time to buy some on the next dip then.

·

Maybe it is time to buy some on the next dip then.

A small amount that doesn't hurt you now might be useful in the future. This is not financial advice but go and buy some at the dip :DDD

20,000 active accounts out of about 1 million? It's not a huge figure and some people will be keeping more than one account active. Yet, I guess it's not an overly surprising drop out rate if you think about it. It's the same on any social media or any other interest. We each have to have our own reasons for staying here. Even those who get a leg up with delegations don't always find reason to stick around if they don't enjoy it. I guess that's where all these dapps come into play. Something for everyone eventually.

Posted using Partiko Android

·

Even those who get a leg up with delegations don't always find reason to stick around if they don't enjoy it. I guess that's where all these dapps come into play. Something for everyone eventually.

This is right. Once there are more options to stay and communities start forming around them rather than single blogs etc, there will be more reason to stick around. Then because Steem wallets move, people will start exploring wider and wider and eventually, do every day tasks on Steem dApps

My daddy always told me buy low sell high, yet human instinct is the opposite. Folks are not blogging and buying at these cut rates. Yet they will flock when the price goes up. Strange. Thanks @tarazkp

·

Folks are not blogging and buying at these cut rates.

It is because they don't look at the timeline of things, they want fast results and have short attention spans. Foundation and patience nearly always win because, like attracts like.

Imma just wait until Steem is $100, sell little, move somewhere where I don't have to bother with taxes, and then live off curation/posting rewards + whatever earning could be possible in the future with Steem Power. Wouldn't have to bother with job applications, because I'm losing my patience with them: "What do you want me to do that proofs I'm ready to do this (fairly simple) job? Cycle around the world? Or maybe cycle up to Mount Everest, haven't heard of anyone done that, yet." :D

·

It could be 5-7 years for 100 dollars but, who knows considering how fast things can actually happen once they happen. I wouldn't sell very much at 10, just enough to make some space to make it to 20 and sell just enough to make some space to 50.... you get the idea.

Or maybe cycle up to Mount Everest, haven't heard of anyone doing that, yet." :D

I am pretty sure you get an, "I cycled up Everest and all I got was this shirt" shirt.

·
·

It could be 5-7 years for 100 dollars but, who knows considering how fast things can actually happen once they happen. I wouldn't sell very much at 10, just enough to make some space to make it to 20 and sell just enough to make some space to 50.... you get the idea.

Retiring at 25... hmm... not too bad.

Also, the magnitude in which the price increase happens might influence – me at least – to sell bit more, because as the past has taught (even though past events don't definitely predict future events yada yada), is that big spikes tend to come down, for some time at least.

I am pretty sure you get an, "I cycled up Everest and all I got was this shirt" shirt.

If it was the only shirt existing, I'd do it. Though I think there would be some imposers. Maybe I should blockchain the t-shirt and thus proof its authenticity as the t-shirt.

·

maybe cycle up to Mount Everest, haven't heard of anyone done that, yet.

please don't try this, lol.

·
·

tip for the curator:)

·
·
·

lol, ty ty! :D

·
·
·

tip right back at you for curating, dear sir!

·
·
·
·

opps meant resteemer

·
·

Oh, did I hear "that sounds like a fun thing to do"? Mount Everest is so mainstream already that they'll probably build a highway on to the top to avoid traffic jams (that's a real thing there because the climbing season is so short). :D

·
·
·

Yes and the garbage, human waste and corpses are blocking the way! xD

·
·
·
·

I noticed that where there is a crypto there, Acidyo appears right away :)

The world is enslaved, I need to urgently drink vodka so as not to feel lost from life!

·
·
·
·

Yeah true, lol!

Posted using Partiko Android

Sell! i haven't got my quota filled yet:).

·

The price is 10 dollars a Steem. How many do you need to fill your quota? :D

·
·

100k is my current plan. at $10 need at least 1 million of them. i've got bills to pay and 3 mouths to feed haha. first get to 100k then see

·
·
·

My goal is to get to 50 this year which would be pretty great in my opinion. There is 70 mil thereabouts on the exchanges so, still a few available up for grabs :)

·
·
·
·

keep writing:)

Hi @tarazkp!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 6.285 which ranks you at #225 across all Steem accounts.
Your rank has not changed in the last three days.

In our last Algorithmic Curation Round, consisting of 214 contributions, your post is ranked at #1. Congratulations!

Evaluation of your UA score:
  • You've built up a nice network.
  • The readers appreciate your great work!
  • Great user engagement! You rock!

Feel free to join our @steem-ua Discord server

I would consider it as one of my active commitment to build an asset for the case of Steem. It is stabilizing for this moment at the range between 0.25 to 0.35 ish which to me is just a temporary value for now. New infrastructure is being built and experiments need to be carry out to know whether it is truly feasible for adaptation. Anyway, I’m here to continue producing contents and trying to pull crowds from other platform onto Steem.

Posted using Partiko iOS

Yeah! What a wonderful surprise to wake up to 20% gains!

Posted using Partiko Android

·

Not bad at all is it? :D
What I do like at these times is the feeling on the platform as people get the idea that it is actually possible.

Steemit was always a long term plan...
.go steem for $10! $20! $50!

And just working and growing myself and some friends...

But yeah I gotta be active... Growing isn't easy!

·

It is not a bad place to have fun and interact in my opinion and I have a lot of fun here so, earning is a bonus that will probably be a very big bonus one day. Not the end of the world to at least try and see where it all leads.

My goal is to write a lot on here so I can build a good amount of steem then, use a part of that to fund a personal website for my writings and pay some debt off to ease some financial burden. Other than that I have no immediate plans to sell (anymore other then what I have in the past) just write and save and help others by supporting their works.

·

use a part of that to fund a personal website for my writings and pay some debt off to ease some financial burden

Think about perhaps getting together with one of the apps that will do just this and, steem power it. That way you will have community support straight up to.

·
·

Thanks- I will look into that

Posted using Partiko Android

We're all gonna be rich! !!!

Until then, can you clarify something for me? (you are my 'go to' non geek speak expert concerning steem)

I've been studying the white and blue paper of late..
From the blue paper..

Different from PoW-only cryptocurrencies, tokens in Steem are generated at a fixed rate of one block every three seconds. These tokens get distributed to various actors in the system based on the defined rules of the blockchain

Who's energy is used (provided) - to actually produce the tokens, to then put in the rewards pool? (witnesses, steeminc, the users?)
(it has to be someones, somewhere, somehow...)

I have a paper of my own coming up (well, a post) but I need this bit of info...

Thanks for any input ....

·

The witnesses are paid in Steem to produce the blocks which is why the transactions can remain free. The witnesses are very important as are free transactions in the future as when there are hundreds of millions of transactions daily, they have to go through (witnesses) and being free is a competitive advantage over most other chains. Being able to send a fraction of Steem at no cost is going to be valuable. At the moment, it is used for wallet spam, but one day as a way to transfer steem across communities on and off platform for daily usage.

·
·

Ok matey, cheers for that.

(can you believe it- I actually thought this was the case!! Sussing this steem thingy out... best to confirm though.)

·
·
·

No worries.

I think you know something that "They" don't.

I have been buying each month since October of 2018 and combined with the Steem I earned, my average price per Steem is $0.36 USD for approximately 2,000 Steem.

I was hoping to accumulate 3,000 Steem and I might still be able to if prices stay in the $1.00 - $1.30 USD range (or less) over the next 3 months, but either way, I have a semi-decent position with my family and we will hold for $35 USD +.

·

I was hoping to accumulate 3,000 Steem and I might still be able to if prices stay in the $1.00 - $1.30 USD range (or less) over the next 3 months

I hope there will be plenty of opportunities as this recent rise will likely drop back again for a while. Not sure how long for though of course.

·
·

It might drop again but it might not @tarazkp.

If it holds $0.40 USD and even increases again, the momentum might kick in and then things could start moving really fast.

The next 3 to 4 days should be very revealing. If the next close is lower then $0.40 USD you are probably right, but I am watching with enjoyment to see if it holds or goes back to a pattern of consolidation.

·
·
·

I don't mind either way at this point as I would be happy to buy a little more in the coming weeks so... 20 cents? :D

·
·
·
·

I'd be happy to buy more too @tarazkp, I just got a little excited with the recent momentum since I am finally close to my goal of 3,000 Steem.

  • My average cost per Steem is $0.36 USD.

If the price continues to trade sideways or even downward, I am willing to lapse 3,000 SP assuming I have the funds required.

My plan was to get to Orca but if this continues, I will miss the chance! Going to have to put a bigger purchase in this month just in case! FOMO? Probably, but I will enjoy the ride either way!

Posted using Partiko iOS

·

FOMO? Probably, but I will enjoy the ride either way!

am definitely feeling it but I also think it will drop back again to the 32-35 level for a bit. When it starts though, it is going to go much higher. I think :D

Im going to try my hand at trading a very small percent of steem. Worst case I loose the 10 or 20 Steem Im going to use and best case I learn how to become a better trader.

Just a different approach to wanting to do the same thing as if I am sucessful Id much rather grow my Steem through trading instead of writing.

Posted using Partiko Android

·

It is a good idea to trade a little in my opinion as it teaches a lot about the system, industry and most importantly, about how you react to the ups and downs. Even if a successful trader, post anyway as it will help build the network for the future which might be important for the way you want to use your Steem.

·
·

For sure. Just think of all the upvotes I'll get when I start making 1 or 2 steem a week and posting about it ;).

In all seriousness I do hope to post more about trading and what I learn. I've read a lot and now just need some time to put some theory to practice and shares what does and does not work for me.

·
·
·

It is definitely one of the things that taught me a lot about a lot and then forced me to learn a lot from other people. I traded for 6 months before learning what 'moon' meant :D :D

·
·
·
·

Yeah it's crazy what you learn when you look into trading. It seems to never end.

Church of Cryptology XD

·

:D

We must be patient and have faith.

Posted using Partiko Android

·

Must be patient and create.

I will wait for something closer to 10 dollars before I seriously consider taking some...

Exactly my mindset. I keep on repeating that myself, to myself many times. Lol.

I am pretty sure there are a going to be a lot of ex-prolific posters returning to pick up on their still set autovoter trails.

Yeah, you dont know how right you are. I know of one "prolific" poster that might be returning soon due to my passive attempts of convincing them. 😁

·

I have seen the stage several times in the last couple years,

I am back, it wasn't because of price, I have been blah blah

:D

·
·

I know we all want the price to go up, but honestly, i would be happy if it remained around $0.4 at least till i hit 5000 SP. 😁
When the price moons theres a tendency of steem going into more worthy hands and i dont fit into that camp. 😂

So really, i might be the one leaving when Steem moons, coming back if it crashes again. Haha.

Sry guys it wasnt because the price of Steem was high, i have been blah blah blah.

·
·
·

lol :)
I am happy for it to drop down much lower for a little while so I can add a couple more to the collection. I would really like to get to 50k and have that as my base point.

Waiting till it's $10? Not a bad idea though but that could take longer than you think

Posted using Partiko Android

·

How long do you think I think? =)

·
·

I don't know but maybe a year or two...... And you, how long do you think?

Posted using Partiko Android

·
·
·

A year or two is not long is it?
If things progress well, Steem will hit 10 next year I think but, I look 5 -7 on it as it will be around then that Steem and crypto are getting into the mass adoption area.

so I will wait for something closer to 10 dollars

Seriously? I definitely admire your faith and unwavering attitude to this

·

Yep, if it isn't going to make a significant change in my life, why do it?

I love reading your posts and agree with your $10 price! I will not be selling any until then. I've always been looking at the long term $20 $50. Oh and I just went and cleaned up my auto votes. Thanks for that reminder!

·

Thanks and it is a good idea to do some housekeeping from time to time.

Hey thanks for an interesting and informative post. Yes it's worthwhile sticking around now and earning Steem. And it looks like teamwork is the way to advance on Steemit.

Only 20 000 active bloggers here...I wonder what the ratio is of humans to bots lol?

·

Only 20 000 active bloggers here...I wonder what the ratio is of humans to bots lol?

of active posting bots it is likely 50/50 but there are many alt accounts that were created for various reasons and barely used. Many of the first people in have dozens or hundreds of them. The churn rate isn't anywhere near as bad as people assume as most accounts created are not real posting accounts anyway.

good thoughts. I'd just add that i think it will grow, if it continues to expand and evolve new features. re: last paragraph, it is a unique platform. But with less focus on price and more on how it can be a useful tool, the better. It needs to be a tool for fundraising and project delegation. It needs to be a tool for bloggers to use and prefer over the hassle of wordpress and seo. It needs to cut out features that negatively impact its growth. Users can invest but ideally engage. so It needs to give its users choice, eg. the choice to make posts private or chat. I think crypto in general will mature when the money aspect is just a nice bonus, to whatever engagement is happening. For now the price is too much the measure of a crypto.

·
  ·  4 months ago (edited)

For now the price is too much the measure of a crypto.

The price is not the measure of blockchains or crypto at all in my opinion as there is essentially zero relationship between project and price.

The industry will expand and evolve in many many different ways and for many different purposes. Steem is more than a blogging platform, it just hasn't got there yet.

Congratulations @tarazkp!
Your post was mentioned in the Steem Hit Parade in the following category:

  • Comments - Ranked 8 with 62 comments

Congratulations @tarazkp! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You published a post every day of the week

Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Do not miss the last post from @steemitboard:

Carnival Challenge - Collect badge and win 5 STEEM
Vote for @Steemitboard as a witness and get one more award and increased upvotes!

This post has been included in the latest edition of SoS Daily News - a digest of all you need to know about the State of Steem.

I’m brand new 4 days into this and I love steem! Thanks for sharing

Posted using Partiko iOS

i am a little fish . bt i am holding my steem its only few steem bt i hope it will be raising again..

You got a 59.69% upvote from @ocdb courtesy of @tarazkp! :)

@ocdb is a non-profit bidbot for whitelisted Steemians, current max bid is 40 SBD and the equivalent amount in STEEM.
Check our website https://thegoodwhales.io/ for the whitelist, queue and delegation info. Join our Discord channel for more information.

If you like what @ocd does, consider voting for ocd-witness through SteemConnect or on the Steemit Witnesses page. :)

I am new in steem. Thank you for this valuable article. I believe that steem will be 10 dollar in 2019. Especially some new difficulties - like facebook coin - will grow streem more in 2019.

Posted using Partiko Android