SBD Downtrend

in #steemit6 years ago (edited)


As everybody can see, currently we have our Steem Dollar in downtrend.
The price of SBD is kind of low now, what is pretty annoying for all steemit content-writers, when we are monetizing our content.

However i would like to talk about STEEMPOWER right now.
When once i got some hit from the big player over here, i was happy of course. I decided to keep my steemit account rolling on, so i was hoping to get big returns from STEEMITPOWER.

I had about 460$ in steempower then, but it was slighlty before SBD had a price of 0.0018.

Currently i have around 360$ in steempower.
Conclusion would be that i have lost 100$ because of SBD price getting decreased, but then i had one interesting thought:
Everyday now, we see more and more people on Steemit, community is growing and many users are encouraging others to get into steem. But SBD price falls , and looks like the same thing is happening with STEEMPOWER.
Or maybe it is just temporary?

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Well...The first thing is to understand why your price is going down ?

If to many people use STEEMIT and make the Steem Dollar going down, it's also mean that you make money through it somehow.

If your place is making a great deal of traffic, you should be abble to making money by selling the traffic (somehow).

I find really hard to believe that you have ton of people here and you make no money ?

Cedric

Hi! This post has a Flesch-Kincaid grade level of 6.5 and reading ease of 80%. This puts the writing level on par with Stephen King and Dan Brown.

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