I only made 1 dollar on Steemit Today ....
I only made 1 dollar on Steemit Today ....
What's the point then ? If you are asking this question you need to change your way of looking at things. You didn't make 1 dollar, you made the equivalent of 0.8981 Steem. Let's round it off to 0.9 for ease of sake. So what is the difference ?
The difference is huge really. Why don't you ask the guy who bought 2 pizzas in 2010 for 10 000 BItcoins. In today's value of bitcoin that's 74 million USD, or 32 million USD per pizza. My stomach hurts just thinking about it.
So if you ask me why do I continue making posts if I might only get 1 Steem per post. Well because I am not thinking of its value based on the current exchange value in USD. I am thinking of its value a few years down the road.
So let's say that Steem will have the same market cap as Facebook has today but we will reach it in 2030.
The current market cap of Facebook is around 500 000 000 000 ( 500 billion). In 2030 we should have around 600 000 000 Steem coins in circulating supply. So if you divide 500 billion with 600 million coins you get a value of 833 USD/Steem coin in 2030.
So in other words if I wait to 2030 I didn't make 1 USD on my post today I made 833 USD. Now that sounds a lot better don't you think ?
Exellent explanation and perfect steem design ...tip! 0.1
Thank you my friend ! Lets hold on to our Steem
This is right deciosion
That's why I keep writing my posts, very good explanation, never give up
Thank you :) keep Steeming :)
A great thought, to organize a better future. I really agree with what you explain in this post.
Lets keep optimistic :)
Great attitude!! This is so true - we're going to the moon with steem!
New follower here!
lots of love
💜 @princessmewmew
The direction of Steem and Steemit is all dependent on us . So the more optimism the better :)
Even if it stayed the same value, we should continue to use it to avoid/decrease use of centralized social media platforms like Facebook who spy on us, sell/giveaway our information to advertisers and govt.
I agree with you a 100 percent. The money is a bonus
Yes, kinda like a reward for loyalty to the platform.
Indeed.
That sure sounds damn good, @dandesign86 ! Calms the mind :D...
I have never understood money calculations. But the way you explain is good and makes me happy :)
I'm not good at math but it should make sense hehe
Thanks for the article, it really changed my perspective.
Now I have more motivation to continue creating more stories :)
Hehe that's what I wanted to hear 👂
I love your way of thinking and explanations, and when you think of it that way WOW, we could be sitting on a next egg thats looks small now but one day you never know
I'm no rain man that is for sure. But
If I did get the math right, which I think I did, it's just a matter of the numbers working out. I honestly see a big possibility for it happening. That means you can get your cabin by 2030 ;) hehe
Yes I do see it as a good possibility, even sooner would be nicer, 2030 I turn 90 may not appreciate it so much by then LOL
but I also like to look at the bright side and perhaps it could be nice for our kids and grandkids to have :)
If in 2020 will be 83,3 you'll still be good. 80 years is not too bad.
Ohh yes any age would be good to be honest 😎👍😎
Things can happen more quickly hehe
Indeed, we will just have to be patient and wait and see ;)
I really agree so we have to rise, never give up must be higher, the best quality, thank you,
Thank you !
It's good to see you try to enlighten some new folks here. Good job.
Thank you Oldtimer ! Sticking with Steemit I think can be a very wise choice :)