You are viewing a single comment's thread from:

RE: How Much Steem Power Does the Blockchain Distribute Every Day?

in #steemit6 years ago (edited)

Thank you for the explanation in detail.

As for Steem Power... I do not see much merit in holding it..

As all power to trend posts is with vote buying bid bots.

And I can help my posts even get $.20 cents with my own upvote

Sort:  

If an investor wanted to trade their Bitcoin fortune for STEEM and convert it into STEEM POWER, he could delegate to a bid bot and receive a nice daily income of STEEM without ever posting or commenting even once!

Mostly, SP is influence. The power to upvote or downvote posts and comments that you believe positively or negatively effects the Blockchain. This can also affect the overall value of STEEM, which is in everyone's best interest.

In short: SP is the most unique way to HODL a coin I've seen. You can HODL a coin and have it actually do something for you!

@ironshield

Coin Marketplace

STEEM 0.21
TRX 0.12
JST 0.029
BTC 66303.73
ETH 3592.29
USDT 1.00
SBD 2.61