Steemit Experiment, Powering up for one month using 100% power up!
So this gonna be tough challenge but a good test to know if i can improved my steem power for one month using power up 100%. It means, all of the rewards will goes to powering up my steem power. This experiment will help me to determine if how much SP i accumulated from my one month posting. Would you dare to do it?
The importance of powering up 100% to gain Steem power even more!
Steem power is an investment part of steemit, it is a unique feature that will determine your credibility and reputation in community.
Steem power is an investment part of steemit, it is a unique feature that will determine your credibility and reputation in community.
Using power up 100% optionswill allow you to gain 100% of steem power reward once your post will matured after 7 days. However, this option will not give you SBD to be withdrawn.
The total accumulation of reward will not be divided into SP and SBD, but instead this will goes up to your steem power.
@surpassinggoogle discussed about the power of SP in steemit. It is an SP and at the same time your investment to grow even faster in stemit community.
Minnows, Dolphins and Whales - This will be you,sooner or later...you will be like them.
Sp farming is how you will increase your Steem power by any means, you can buy or rent directly from blocktrades or using power 100% to boost your steem power faster than any normal way.
Sp farming is how you will increase your Steem power by any means, you can buy or rent directly from blocktrades or using power 100% to boost your steem power faster than any normal way.
Minnows, Dolphins and whales are the classification of steemit users depending on their voting weight. Minnows if you still have less than 500 Steem power, your voting weight is really not that heavy but it helps co-minnows to earn a little from your vote. Im still a minnow but i am aiming to become and dolphins and whales.
Using Power up 100%, i may able to save my rewards to my steem power without getting any SBD's.
I hope to see how your experiment works out. Might have to try it myself.
See I know it's an interesting experiment but you'd be loosing a lot more money due to the conversion
Think about it. Why do this if you can rather earn more
From A minniow 😂😂
Don't mean to insult you or anything
Exactly what I was thinking. Not that powered up 100% is not good, but mathematically, it will make you lose a lot in the process.
I give a refference here by @stackin he said
This is because you'll lose more SBD in the process where you can change and gain a lot more steem to power up.
Here is the article:
https://steemit.com/charlesfuchs/@stackin/this-simple-mistake-made-me-lose-usd300-on-steemit-today
This is a good feedback..so maybe I will not pursue this experiment.?
Yes @bobiecayao , make 50/50 payout so u can earn more SBD and sell it to the market to get more steem.
Thank you...
Hmm, this is a good experiment. I guess I have to try it myself too.
oops, not advisable according to experts. Please do not do it.
Another tipa thanks for sharing
That's a nice idea, we can also trade our SBD to Steem in the Steemit market, then use steem to power up
after a week let us know how it goes so we can try it too or not
SBD
$6.63 USD (-16.37%)
0.00046977 BTC (-12.61%)
STEEM
$5.12 USD (-13.55%)
0.00036267 BTC (-9.71%)
While people will tell you not to go 100% Power UP when SBD is over $1. That is not what gauge is. It is when SBD is higher than STEEM. When SBD was 3x or more to STEEM, it was a good time to get SBD and convert it to STEEM. But, the trend of STEEM/SBD is heading towards is a flip back to what is normal, which is SBD is lower than STEEM.
You have been on STEEMit since June and currently have about 240 Steem POWER. You are getting close to 1 SBD or more per Article, which isn't bad. So, you could continue at 50/50 and build up your SBD and then go trade it on the Market to improve your STEEM take.
Or you can do what you like. Help STEEMit and the Rewards Pool and only take Steem POWER that goes directly to building up your take from the Rewards Pool.
The choice is yours.
And, obviously, when you comment or upvote other articles and get curation awards, you will be earning SBD on those 50/50 situations.
Thanks for your feedback, so it is not good to powerup.
At the current prices, you could earn 25% more STEEM if you went 50/50 and sold your SBD for STEEM on the Market.
If you think that amount matters to your goals, then stay at 50/50. I am currently at 100% PowerUP. I might try an experiment to see if people are not upvoting my articles due to that.
Yes i will, these are the things that i didn't know. Thanks for the advice @deanlogic
I am interested to see the result of this experiment soon sir.