Like flies on... by tarazkp

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· @tarazkp ·
$19.81
Like flies on...
Interesting times indeed as the reality of the moment sinks into the flesh. $1.66 Steem. Panicked yet? The current Steem market cap is 422 million whereas January 4th it was 1.8 Billion. Quite a difference. The total crypto market cap is sitting at just under 300 billion from a high near 1 trillion. My advice? Don't worry about it and instead do what needs to be done. Or, if you are the kind that can, buy.

https://i.imgur.com/go0s7Wc.jpg

The Steem platform hasn't really changed but, it needs to. There are all the problems that existed a few weeks ago still affecting the system and a whole lot of things that need to be addressed concerning rewards, governance, distribution. If you are one of the people who finds the rewards 'too small to be bothered', I hope you are at least spending some time working out how the platform operates and perhaps how it could operate in the future. There is a lot to be done.

https://i.imgur.com/viRVH8h.jpg

As predicted, the only time people really concern themselves with the way things work is when they are no longer getting their meals easily. It is then that they want to know how and why things happen or, like many currently, complain about why they aren't getting the returns they once were. Why weren't they interested before?

https://i.imgur.com/xeW6Fo6.jpg

Those who are likely struggling the most emotionally at the moment are the ones who have taken the platform for granted and used it as a bank teller to extract value. Anyone struggling to pay their bills with their Steem earning now? Why were you paying your bills with Steem anyway should be the question as it is not established enough to be a job, at least for most here, so relying on the price of Steem (or any crypto) is going to often end poorly. 

I hope for those extractors who had no other income coming in they put a little bit away for a rainy day instead of living hand to mouth expecting prices to stay high. Some people will say that I am harsh in my views but this is not the case as I have been quite consistent in my warnings, even when prices were much, much higher. 

For many, they have only been on the platform since November or December and have already put their economic present on Steem performing. What did they do in October to live? Why didn't they keep doing a bit of that? Perhaps now is a good time for people to review their position in life and think about what they are willing to do to improve it sustainably. 

πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 9 others
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vote details (73)
@lordjames ·
$0.11
The way I see it, it will still dig deeper than this. Quite a lots of people have been discouraged and are emotionally affected by these dips. I think it's a good thing, since a lot of people here are in their early or late twenties, it's important that we learn early in life that things won't always go up - no matter how we wish or pray, it's just life. 

>Perhaps now is a good time for people to review their position in life and think about what they are willing to do to improve it sustainably.

I feel guilty reading the text that precede this one. As a young graduate trying to get myself a job, I think I have not given my job search the energy it deserve in the last few weeks. Also, a lot of my online learning programs did not receive enough attention as they did before I came onboard the Steemit platform. But with the dips we have now, I have been putting together a lot of my life outside the walls of Steemit. I hope to strike a balance in a few more weeks to come.
πŸ‘  ,
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vote details (2)
@tarazkp ·
I don't think you are the only one neglecting real life here. Think about it as a revenue stream, not the only river.
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@eveuncovered ·
$0.10
I like that you are critical and this was something I had to think about a long time before I desided to make Steemit my full time job. At end of all the pro-con lists, Steemit drew the longer straw. I was prepared for the price drop and I knew it would happen eventually, but even with the steem value this low, I’m happy with my decition, and I’m more happier in general. This career is definitely not for everyone though, it requires some pretty tough nerves at times.
πŸ‘  
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vote details (1)
@tarazkp ·
Yes it does and there will be harder times ahead for many as people shift their attention with SMTs and the like. Those that do no hold SP will likely be left out in the cold if they are only concentrating on their own content.
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@eveuncovered ·
$0.10
I’ve been trying to acquire more SP, while I have to use sbd to pay them bills too. I still believe in the bigger future of Steemit and definitely don’t want to be one of those who are left out crying in the shore.
πŸ‘  
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vote details (1)
@doctorjohn ·
$0.10
Many of us live from day to day.  Each new day offers an opportunity to change strategies.  Survival for many is 'pure' motivation.
πŸ‘  
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vote details (1)
@tarazkp ·
Many do the minimum to subsist without pushing a little past to create a small cushion. It is a hard life to wake up every day knowing you *must* work or else.
πŸ‘  
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vote details (1)
@warpedpoetic ·
$0.11
I got on steemit just after my job as a blogger came to an end. It was either steemit or look at the ceiling. Getting jobs over here isn't easy, in fact it is almost nonexistent. 
I have done some withdrawals of sbd regularly but I only do so when the situation is dire and I have tried all offline options possible. 
I hope to get a job soon,  I need to get a job soon, so I can handle my account and wallet in a better manner. 
I mostly hodling and waiting for things to balance out.  I envision long term investment here on the platform and I am doing my best to have as much as I can when things get better.
πŸ‘  ,
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vote details (2)
@farq ·
It's funny how quick FOMO can shift to FUD.

In December it was all about how we're all going to be driving a fleet of Tesla's, and now it's about how poor we all are...

This is the perfect time to top up if your position allows...
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@bbcxrvng ·
You are stern but your approach is like me. In this way you give a reason to think to a few people.
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@hansa93 · (edited)
Sir @tarazkp. May I resteem your posted ? 😊
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@krnel ·
$0.15
> There are all the problems that existed a few weeks ago

Eh... more like since last year and the year before :P

Don;t depend on Steem for a steady income or to replace a real job, that's for sure! :D

Let's bring Steem back to $0.06 :D Full steem all the way down :D That will get rid of a bunch of people. I left at times when the price was going up... lol. I learned about flagging being an issue when it affected me hard for sure ;)
πŸ‘  
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vote details (1)
@tarazkp ·
For some people complaining, they have only been here a few weeks :D

0.06c Steem. I have had those dreams...
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