Rewards Pool at All Time High and Number of posts decreasing
As announced this morning by @dragosroua the STEEM Rewards Pool is at An All Time High overpassing 900,000 STEEM today while the Daily STEEM report by @penguinpablo states that the sum of number of post and comments keeps decreasing today.
That's for sure is not the fault of steem, steemit, steemians, devs, witnesses, whales and the like...
That is just the REFLECTION of the Whole Market sentiment these days...
A lot of people took "holidays" from Steem as well as per the whole cryptomarket but I am sure they will come back again once the bloody correction cycle will be completed...soon, very soon...
I am not going to get tired of repeating the same statement every time...
...We are at the accumulation phase, building our SP...
And there will not be better moment to do so than the present times...
Take into account that a good portion of the current whales and Orcas are so because they accumulated as much as they could when STEEM price was 0.10 $...
On March 2017, the total Market cap. of the Cryptoworld was around 24 Billion $, the price of BTC was around 1100$ and the price of STEEM was 0.072 USD.
Today the total Market Cap is dancing around 220 Billion $, BTC price is 6575$ and STEEM is 0.86 $....
How much lower will the market fall? No one know but I have the suspicious that not much more... Buyers and Sellers seems to be in "equilibrium", within a stabilization and consolidation phase...
Try to be positive and Remember:
- Bigger Rewards Pool = More rewards for Active members
- Less Post+comments = More rewards for the Active members
- Low STEEM price, better chance to get a "discounted" price
Post, comment, upvote and engage!
Build your SP!!!
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently.
Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
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by toofasteddie
Yes, I noticed the rewards were increasing - interesting times.
While I'm taking an isostar I'm thinking about it ... we're on it!
This has been my strategy as we get double benefits as the distribution is improved given the low price. Whereas I barely ever got 1 Steem in the past for rewards, I am now getting 2-3 in some cases which adds to the accumulation!
It’s crazy man! Usually I get 2 steem a week on curation... today, checking steemworld I’m on my way to get 6 😂😂 VIVA HF20!
Posted using Partiko iOS
This is an opportunity. Concentrated uovotes.
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