Keep on Steeming!

in steem •  4 months ago

Why its even more important to blog when the price of Steem is down!

I see a lot of negativity around here lately, so I want to give you my personal positive take on the currently crashing Steem price.


I have been blogging on this platform for over a year now, and in my time here I have never seen the Steem prices as low as 0.8$ where it is currently sitting. For many of you this might seem like a bad thing, especially for the newer users of this platform. But if you believe in the fundamental value of the Steem blockchain like I do it can be seen as a really good oppertunity to get paid more Steem then before.

Let me explain:
The way post payouts on Steem is calculated everything is based on a 7 day avrage Steem price feed.

If 1 Steem is worth 1 usd in avrage over the last 7 days and my post is gonna pay out 2.5 usd; Then I will get paid 2.5 Steem.

But... if the Steem price fell all the way to 0.1 usd pr Steem on the 7 day avrage and I have a post pending payout for 2.5 usd I would be paid 25 Steem. (Even though the $ payout values would in general be lower)

If you believe like I do that the current down trend of Steem is linked to the price fall of Bitcoin, then it should bounce back up with it at some point in the future. With this in mind you should be able to see why blogging on Steemit is now a even better economic oppertunity then previously.

Keep on Steeming & stay positive!

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:  

Steem to the moon.
Blog reward for quality content must be our target. Good steemit people.

Posted using Partiko Android

Yeah youre right the ones who go on steeming in these times will definetly be rewarded. I myself started getting active in this time. Share your point of view on this! Keep going :)

To listen to the audio version of this article click on the play image.

Brought to you by @tts. If you find it useful please consider upvoting this reply.

Thanks for the great information.

Yeah, let's try to stay positive :), I am sure things will get better in time.

Thank you for the nugget of motivation. It has been received as the word of life by me.
Yes, we shall be persistent until light dawns at the end of the tunnel.

@xtetrahedron, thanks for the inspiration and motivation. The prices are really down but as you mentioned, I also believe in the fundamental value of STEEM blockchain and so I will try to remain positive in this time. Thanks again.


My pleasure @kiddady.
I love to motivate people!

Big things are coming. I have faith in a winter/fall rebound.


HF20, Communities, SMT's in January (testnet), big things are indeed right around the corner!

That should be the spirit. Keep on steeming and be positive.thumsup1.png

upvoted 100%, followed and resteemed.

very nice

Thanks for your encouragement


Its my pleasure really ^-^
Here; have 2 cents as well for leaving a comment @oppongk!