Vlog 379: Steem Price + Tokenisation without Steem inc. by exyle

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· @exyle ·
$38.08
Vlog 379: Steem Price + Tokenisation without Steem inc.
<center><a href='https://d.tube/#!/v/exyle/reltpgja'><img src='https://ipfs.io/ipfs/QmcGHRBJye3fJc3HVkoQsVWYgd354crk21BSMcDHbig4co'></a></center><hr>

STEEM is approaching 20 cents.

If there was ever a time for a better distribution of this token we are sure getting there. And if it's not happening now, then I guess it never will.

The Powerdown statistics look pretty decent btw. The amount of vested STEEM is still going up (but not by much). But it tells me that no many invested users want to part with their STEEM at these prices. *(This is what I wanted to say by the end of my vlog before I got distracted)* This is of course a very good thing.

I also think what distinguishes STEEM from many other tokens is because it's a people token. People actively use it in their daily operations on the platform. It therefor has value regardless of price.

For a little over a $1000 you can now become a Dolphin. Which is still expensive but a lot cheaper than it ever was. I wonder with the price going lower if we will see more of them appearing. It would be very healthy for the blockchain. I believe in a strong middle class.

When it comes to Steemit inc. I hope they can keep operating at these prices and I also hope that their plan for decentralising the blockchain by making the full nodes cheap works out.

It's more important now than ever. Even more important than SMT's because as it turns out. Some users on the platform are solving this problem anyway. Check this out:

I talk about it more in my vlog.

-----

## Tokenisation without Steem inc.

------

@fulltimegeek

------

https://steemit.com/vaporchain/@fulltimegeek/i-will-be-releasing-the-vaporchain-protocol-later-this-month-prepare-for-tokenization

------

@yabapmatt + @harpagon

-----

![Screenshot 2018-12-07 at 10.41.51.png](https://cdn.steemitimages.com/DQmdtXaZ34CuzuFptmzrFvtQgXaSitSu8uwAr9MgzVFYKdg/Screenshot%202018-12-07%20at%2010.41.51.png)

------

https://steemitimages.com/DQmdWG7QanG3ZEgJQ4SiLkyQ5BKtxGU7jrrnwDTqsz3r177/Logo_Side-by_side_1000.png

------

#### I am part of witness @blockbrothers. 

Please consider us for your witness vote if you think we deserve it [here](https://steemit.com/~witnesses):

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<hr><a href='https://d.tube/#!/v/exyle/reltpgja'> ▢️ DTube</a><br /><a href='https://ipfs.io/ipfs/QmRwu4k5ziqFWUQVek4Dt8jFQzS4cjNS1i4DJ9SKb5hbRP'> ▢️ IPFS</a>
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 395 others
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vote details (459)
@skytrex ·
$0.09
@exyle, any thoughts on why maintaining this blockchain is so expensive?
πŸ‘  , ,
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vote details (3)
@jonmaim ·
$0.04
Running full nodes is very expensive because each one of them need a huge amount of RAM. The monthly cost of these servers are several hundreds dollars. That's a lot and doesn't help to keep the network decentralized.
πŸ‘  
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vote details (1)
@motoengineer ·
$0.07
to further that, the current way the blockchain data is being stored and accessed  (using a program called chainbase) is such that it must exists on RAM memory. The goal is to put it on a solid state disk  with a program called rocksdb which  can offer us significant decease in the ram requirements.
πŸ‘  ,
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vote details (2)
@viraldrome ·
$0.07
It's a good price to buy, I'm worried about the future of Steem in a way I have never been before though.
πŸ‘  
πŸ‘Ž  
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@sharpshot · (edited)
$0.10
I don't worry because it seems like a binary thing.  Steem is either going to be great or fail.  I'm prepared to lose my investment and I have the chance to be in something great for a low price.  My hunch it that this is a good time to buy but were all just guessing.  I'd rather risk losing than look back in a year and regret buying now.  I like so many of the projects that are on Steem now, like Pertiko, Actifit and Steem Monsters.  There's many more and I think this is what's worth investing in.  There's also the chance that Ned will get fired up and sort out Steemit Inc.  Funny how Steem seems to have much more going for it now than it did when the price was at an ATH.
πŸ‘  , ,
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vote details (3)
@viraldrome · (edited)
I think it will survive even if steemit inc does not I keep buying a little here and there i'm going to speculate we are going to make a comeback just because we have lots of use lots of transactions regardless of price. I'll probably buy more this weekend
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@partiko ·
Thank you so much for participating the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!
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@tzap90 · (edited)
$0.03
the problem is that steem inc is trying to focus on the blockchain part -In my opinion it would be better if they focus on the social media aspect and support small content creators -  I am not using steem to pay bills or buy things I use it as a social media platform and I think this is a missed opportunity when they shift the focus away  -*edit*
πŸ‘  ,
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vote details (2)
@sharpshot ·
$0.05
I don't think that's correct?  They're building Destiny but I'm sure that's meant to be on the Steem blockchain?  Steemit has its faults and if they can make something better, then I have no problem with that.  I already use alternatives to steemit a lot, like Partiko.  Steemit Inc. have a lot of Steem and have said that everything is about Steem.  They aren't the only people working on the Steem blockchain though and I think its great that we don't rely on just one group of people.  This bear market could work out well if changes are made to make Steem more decentralized.  More people being able to run full nodes with lower costs is one good thing that should happen soon.
πŸ‘  ,
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vote details (2)
@bethvalverde ·
I agree with you!
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@bitrocker2020 ·
$0.11
I don't think they are building another Blockchain however destiny was suppose to be an enhanced front end with embedded SMT. But that is just my opinion. Besides.. Can't be called steem Inc if they are no longer working on Steem πŸ˜‚πŸ˜‚

Posted using [Partiko Android](https://steemit.com/@partiko-android)
πŸ‘  , , , ,
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vote details (5)
@fedesox ·
$0.04
If you remember, at the beginning of the year I was commenting on your posts about the early 2017 tremendous opportunity that a lot of people had when Steem was at 7 cents, my mentality hasn’t changed a bit. I’m waiting on the sidelines for Ned’s livestream to have some other details on their plan, then I’ll probably buy more Steem.
πŸ‘  
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vote details (1)
@blazing ·
$0.08
Steem is at the price where everyone will look to buy more and more now they wanted it cheap and its now here
πŸ‘  
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vote details (1)
@foxkoit ·
$0.08
- - -
**I remember nicely** :)) , when the price was at the top, many was say and wanted that steem to be back in a few cents  price that they can buy all up lot.
So now we are there ... And you all can now buy it up. 
And I have said it here on steemit a lot ... if I have more money **I buy now** ... it is not important how low it is now going, I believe the next rise that after this winter will come... it will come very, very unexpectedly. 
All market prices are currently as large barrels of gunpowder that can explode any time. 

This what I see... I not can say I know all... but this price not just here but on all the market is very low ... and it makes me feel like this what I was say .
- - -
πŸ‘  
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vote details (1)
@kaerpediem ·
$0.12
I was listening to you so intently 
And thinking yes, I should buy too
And then I started thinking.... errrr... go check your kitchen
hahaha
Thank you for trying to finish the video for us :D
πŸ‘  ,
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vote details (2)
@exyle ·
Haha! It got me out of the flow completely :)
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@bozz ·
$0.04
I have been watching the prices pretty intently, waiting for it to hit the level at which I feel comfortable putting some more money in.  I think there is too much development across the board for Steem and other cryptos to just fade away.
πŸ‘  
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vote details (1)
@sharpshot · (edited)
$0.12
I bought some more.  Its more than halved from the price I last bought at but I'm finding it too hard to resist :)
πŸ‘  ,
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vote details (2)
@exyle ·
That will happen every-time..until it does not :). Not far anymore though to the bottom.
πŸ‘  
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vote details (1)
@jonmaim · (edited)
The rollercoaster is emotionally difficult, i found it hard today not to worry a little and question things...
πŸ‘  
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vote details (1)
@clumsysilverdad ·
$0.75
Just became a dolphin... buy in, power up.

STEEM has fallen on low trading volume compared to others.

peace
πŸ‘  , , , , ,
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vote details (6)
@exyle ·
Congratulations!
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@s3rg3 ·
Congrats!
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@greendeliverence ·
$0.04
If I would still work now I would have bought me in to a dolphin. haha. Well I hope you have the beeping sound solved. I will give every one of my family an account. During christmas. I thought it was more then 40.000 active users? I have read somewhere 1 million? Where can I see that online?
πŸ‘  
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vote details (1)
@johnhtims ·
This is why controlling spam from the steem blockchain is so important.  Blockchain bloat isn't a problem at $8 steem, at 20 cents the calculus changes I guess...
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@pouchon ·
$0.12
In a way I see steempower of a form of *masternode* to a degree. 
Make sure you stack as much as possible. 
Keep on postin 

Posted using [Partiko iOS](https://steemit.com/@partiko-ios)
πŸ‘  ,
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vote details (2)
@mattclarke ·
$0.37
I know literally zero people who want to sell their STEEM for less than a dollar. 
Zero. Everyone I know is trying to scrape together every fiat cent they can get their hands on; to buy in and power up.
This means the sellers aren't people I know. They're not from here. 
They don't know what we know; they don't see what we see. 
STEEM is just another red or green candle to them. Another acronym on CMC.
Let's take them. 
Let's take them for every single token they dump on the market. 
πŸ‘  , , , , ,
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vote details (6)
@exyle ·
$0.17
This is real talk man! I don't know any sellers either.
πŸ‘  , ,
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vote details (3)
@abir20129 ·
Steem inc to pay node cost :)
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@industriousliv ·
$0.07
I concur. Forget the speculators, the future is ours!
πŸ‘  ,
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vote details (2)
@immarojas ·
Sounds good Mattie! Will you advice selling sbd for more sp?

Posted using [Partiko Android](https://steemit.com/@partiko-android)
πŸ‘  
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@mattclarke ·
Hey Imma :)
I don't typically hold SBD. I just buy steemmonsters or steem (to immediately power up)
πŸ‘  
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@industriousliv ·
$0.03
I wish I had a spare $1000 lying around to become a Dolphin - lol. That being said, I am taking advantage of the low price and powering up my rewards when I can. I am worried sometimes about the low price, but I am here for the long haul and intend to build myself up where I can. I think that course will make us all stronger eventually.
πŸ‘  
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@exyle ·
This downtrend has been an eye opener for many. And I believe now we will come out stronger.
πŸ‘  
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@paulag ·
$0.12
its an exciting time for buyers alright, and yep I am loving the idea of what @fulltimegeek is working on. there are massive opportunities right now and  many people are moving forward despite the fud caused by steemit inc.  Thanks for the video
#SnapComment
πŸ‘  ,
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@exyle ·
Agree, things are still moving besides all the recent news. Gives me a lot of confidence t.b.h.
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@newageinv ·
$0.12
With 10k behind me I now look that it takes less than $10k for Orca which is enticing... I will continue taking advantage of the price for purchases and hope to continue building the community and earn more as well towards the journey!

Posted using [Partiko iOS](https://steemit.com/@partiko-ios)
πŸ‘  ,
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@travelling-two ·
$0.12
Hope your fridge/freezer is okay πŸ˜‚πŸ˜‚πŸ˜‚

Steem is getting a battering as are the other cryptos. I told myself I would buy in at these prices, but now I'm waiting for it to go lower LOL

I love the idea of investing $500 to be a Dolphin (not literally...), but that would require Steem to be $0.10 and what would be my mentality at that point... Would I be too scared to buy because it could go lower again?! I guess you have to buy in bits. 

Posted using [Partiko Android](https://steemit.com/@partiko-android)
πŸ‘  ,
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@exyle ·
It was left a little open by someone. Started beeping at -17. No biggie. About buying...all I can say it's very difficult to buy at the bottom I therefor usually buy gradually.
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@travelling-two ·
Yea your logical is much safer, but this one buy is like a Christmas present to myself... Maybe I should do mini Christmas presents like an advent calendar πŸ˜‰

Posted using [Partiko Android](https://steemit.com/@partiko-android)
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@cryptospa ·
$0.15
@exyle, nice post and video. Ok, we will see what will happen to STEEM ecosystem. Hope it will be able to survive in the bear market, that is going to be here for quite some time.
πŸ‘  , ,
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@exyle ·
For as long as the users want it the Steem Blockchain will run fine even if it's 0 cents (which I don't expect of course).
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@chireerocks ·
$0.08
@exyle, Most importantly in my opinion this is the time when we can powerup, and at the end of the day our actions creates our reality. Let's hope for the best.

Wishing you an great day and stay blessed. πŸ™‚
πŸ‘  
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@tamiil ·
$0.12
Good to see you in high spirits again, you got me worried there for a second. :) You can count on this community to pick up any slack. Also despite the offer of @blocktrades getting a rejection, I'm happy to see people outside of Steemit Inc to have the capability to work on the blockchain proper. Should anything happen to Steemit Inc we're still going to be covered on all fronts if push comes to shove.
πŸ‘  ,
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@kenmelendez ·
$0.07
Haha that beeping got you off track at the end. Hope your freezer is ok. Informative vlog as always πŸ™‚πŸ‘ŠπŸ»
πŸ‘  
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@ziomar ·
reltpgja
Hi there,
I've just upvoted this post
A small contribution from me, to help the steem community to thrive ;)
πŸ‘  
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@s3rg3 ·
$0.04
I think you are right
πŸ‘  
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@riseofth · (edited)
[POCKET](https://steemit.com/@pocket-a) was the first token made as a sidechain to STEEM, a year back by @biophil. It was airdropped to Steemians 1M per account. And tradeable at Bitshare. https://steemit.com/pocket/@virtualgrowth/pocket-is-now-on-steem-and-bitshares

pocketsend:100@exyle

Looks like it is in inactive state. However, it is open source, anybody can make a  token as a sidechain to Steem. https://github.com/biophil/pocket
πŸ‘  
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@runicar ·
$0.07
Had no idea geek is making  something like SMTs! Hope he get's it done before Stinc :D
πŸ‘  
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@rubenalexander ·
$0.07
I view this time as a way to get discounted steem power. The price doesn’t reflect how amazing and stable this platform is.
πŸ‘  
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@xrplover ·
$0.02
Waiting for 10 cents. To buy in.
πŸ‘  , ,
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vote details (3)
@zainenn ·
$0.08
n1dawf39o
Is your freezer running?  Better go catch it!  I plan on no longer using steemit.  @busy.org is where I go.  I am definitely in the buyers mindset Im loving this, all the way to 7 cents Im loving this.  I only joined 7 months ago with a $20 investment @ $2.13/STEEM.  About to be a dolphin myself.
πŸ‘  
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@bennettitalia ·
zlzpjx32h
The community has value even without the crypto, IMO. But on the other hand, if I could earn more crypto on Steemit, I could spend more time Steeming... Which is the goal, because I love it. I agree, this is a good time to try to become a dolphin or even an orca. I'm doing everything I can to save money to buy when it looks like it's hit bottom. But it looks to me like the bottom might be a ways off still. In any case, I don't think this platform, or the Steem currency, are going anywhere :)

All the best and thank you for an interesting video!

#snappluscomment
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@cosmophobia ·
$0.03
8f3innhwu
Thank you exyle for all your advice that you have given to our Steemit community.
I know that the Steem $ is very low and it is for this reason that I continue to buy more Steem.
I prefer to buy Steemit at its lowest possible price, instead of buying Steemit at its highest.
πŸ‘  
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@boyanpro ·
What is recommended way for buying STEEM? I'm interested in buying some, but I don't know where and how to buy?
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