Viewing a response to: @exyle/re-dana-edwards-re-exyle-steem-current-prices-a-dream-or-a-nightmare-20180912t125728931z
I've been saying for a while that Steem is losing value measured in BTC. In more than one post. The problem is that the economic model for Steem isn't profitable. So Steem Power isn't going to be attractive when it's leaking BTC value.
| post_id | 62,260,897 |
|---|---|
| author | dana-edwards |
| permlink | re-exyle-re-dana-edwards-re-exyle-steem-current-prices-a-dream-or-a-nightmare-20180912t130108656z |
| category | exyle |
| json_metadata | {"app":"steemit\/0.1","tags":["exyle"]} |
| created | 2018-09-12 13:01:09 |
| last_update | 2018-09-12 13:01:30 |
| depth | 3 |
| children | 2 |
| net_rshares | 0 |
| last_payout | 2018-09-19 13:01:09 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 236 |
| author_reputation | 348,515,599,824,762 |
| root_title | "STEEM: current prices a dream or a nightmare?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
Many coins are losing value measured in BTC. STEEM maybe more than most but then again I can offset the loss because STEEMPOWER allows me to generate more STEEM even though the price is going down and I cannot do that with my other investments. With the release of HF20 soon and later SMT's Steempower will gain more use case and value far beyond a token to reward content. I'm happy we now have release dates. I think the current economic model works well for now but will be greatly improved upon with SMT's and resource credits. I'm looking forward to the next 6 months. Much will become clear about where STEEM stands. I believe it will be pretty good and acting accordingly.
| post_id | 62,266,766 |
|---|---|
| author | exyle |
| permlink | re-dana-edwards-re-exyle-re-dana-edwards-re-exyle-steem-current-prices-a-dream-or-a-nightmare-20180912t141857730z |
| category | exyle |
| json_metadata | {"tags":["exyle"],"app":"steemit\/0.1"} |
| created | 2018-09-12 14:18:57 |
| last_update | 2018-09-12 14:18:57 |
| depth | 4 |
| children | 1 |
| net_rshares | 0 |
| last_payout | 2018-09-19 14:18:57 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 686 |
| author_reputation | 1,230,268,770,812,381 |
| root_title | "STEEM: current prices a dream or a nightmare?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
Just because Steem is failing among many it doesn't mean Steem is as successful as many. For years Steem has been using BTC value not just for the past 6 months. Only for small intervals (months here and there) has Steem been profitable in BTC. If Steem cannot hold value as good as BTC why not just buy and hold BTC. No reason to go through the effort to acquire Steem. SMT will not get here until 2019 so we have a long wait.
| post_id | 62,292,959 |
|---|---|
| author | dana-edwards |
| permlink | re-exyle-re-dana-edwards-re-exyle-re-dana-edwards-re-exyle-steem-current-prices-a-dream-or-a-nightmare-20180912t205626097z |
| category | exyle |
| json_metadata | {"app":"steemit\/0.1","tags":["exyle"]} |
| created | 2018-09-12 20:56:24 |
| last_update | 2018-09-12 20:57:15 |
| depth | 5 |
| children | 0 |
| net_rshares | 0 |
| last_payout | 2018-09-19 20:56:24 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 428 |
| author_reputation | 348,515,599,824,762 |
| root_title | "STEEM: current prices a dream or a nightmare?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |