Viewing a response to: @accelerator/what-happens-when-the-sbd-print-rate-is-zero
"This is not the time to cash-out, it is the time to accumulate and see the benefits when the price in US$ terms rises again." I am with you on that. Despite the lower prices I have been loving the SP lately. I started when the price was high and it felt like I was getting nowhere for a while. This is off the topic at hand, but I also think that since there are fewer people posting, it is easier to be noticed and that is great for small accounts like mine.
post_id | 59,392,778 |
---|---|
author | artisticscreech |
permlink | re-accelerator-what-happens-when-the-sbd-print-rate-is-zero-20180811t115918528z |
category | sbd |
json_metadata | {"app":"steemit\/0.1","tags":["sbd"]} |
created | 2018-08-11 11:59:21 |
last_update | 2018-08-11 11:59:21 |
depth | 1 |
children | 1 |
net_rshares | 28,741,653,661 |
last_payout | 2018-08-18 11:59:21 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.029 SBD |
curator_payout_value | 0.008 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 462 |
author_reputation | 15,727,752,514,706 |
root_title | "What Happens When the SBD Print Rate is Zero?" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
rycharde | 0 | 28,741,653,661 | 43% |
A year ago, STEEM was at about $1.50 (peaked at about $2.50 a month earlier), but for the first half of 2017 it was around 20 cents. The jump from 20 cents to around $2 meant people's accounts increased ten-fold *in dollar terms*. As you say, earning STEEM now and waiting for the price to rise again seems a good strategy. The bear market was obvious from January onwards; the time to have sold was either then or the fake rally in May. I've said before that if the crypto market cap does not hold $250bn, then we are staring down at a market without a traditional technical support. My tentative guess is to expect going down a further 50% to $120bn. Grim, but everyone needs to decide what to do based on their personal finances... and expectations.
post_id | 59,396,258 |
---|---|
author | accelerator |
permlink | re-artisticscreech-re-accelerator-what-happens-when-the-sbd-print-rate-is-zero-20180811t125259767z |
category | sbd |
json_metadata | {"app":"steemit\/0.1","tags":["sbd"]} |
created | 2018-08-11 12:53:00 |
last_update | 2018-08-11 12:53:00 |
depth | 2 |
children | 0 |
net_rshares | 70,296,300,080 |
last_payout | 2018-08-18 12:53:00 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.075 SBD |
curator_payout_value | 0.017 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 753 |
author_reputation | 51,813,680,698,502 |
root_title | "What Happens When the SBD Print Rate is Zero?" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
rycharde | 0 | 67,183,615,433 | 100% | ||
artisticscreech | 0 | 3,112,684,647 | 100% |