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How Much Can We Win On Tokens? – A CCC Case Study by deathcross

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· @deathcross · (edited)
$8.66
How Much Can We Win On Tokens? – A CCC Case Study
![0005 Steem Gambling cards DSC02834a.jpg](https://files.steempeak.com/file/steempeak/deathcross/kk2eHdVn-000520Steem20Gambling20cards20DSC02834a.jpg)

### *Summary*
* On the Steem blockchain, hundreds of “Steem-Engine tokens” are flourishing, I analyzed one.
* I was mostly upvoting posts and receiving rewards for it.
* I almost doubled the number of my coins in 70 days.
* CCC Steem-Engine tokens doubled in number but price fell to one third.

## The adventure began with an airdrop
Somebody “airdropped me” 1000 CCC tokens (CreativeCoin) on July 23, 2019, or some days before but on this day I staked it. I was using them for what they are invented for, in the first place: to manually curate, reward blog posts, photos on the [page of the community](https://www.creativecoin.xyz/). 

***(What are these Steem-Engine tokens? [Read it here.](https://steem-engine.com/?p=faq))***

I have posted only 3 or 4 own articles on this page and they earned only approximately 120 CCC-tokens. So, the overwhelming part of my “incomes” came from curating. No robots, no auto-voting, no blind voting on titles. Although I recognize, I’m sometimes only voting on the cover pictures which I look big sized in the news feed. (Especially if I know the author always shares one-picture-only posts.)

## CreativeCoin Steem-Engine tokens doubled in number
I made almost every day my homework, I seldom reached 100 percent of the voting power. That means, I haven’t lost voting revenues, or, only a very few tokens. At the time of writing, 70 days later, I have 1962 CCC-tokens staked, an increase of 96,2 percent. On an annual basis that would be 496 percent. That means, if nothing changes and I make the same earning in a whole year, 365 days, I would have a six-fold amount of tokens, near 6000 CCC.

Or, better, if we calculate it exponentially (we calculate also compound interest), approximately, 33-fold. Why? Because 1.962^(365/70)=33.59. (Or, with common sense: the double of the double of the double of the double of the double => 2x2x2x2x2 => 2^5=32, approximately. More than five times the same growth I measured in 70 days.)

![0005 CCCSTEEM price.jpg](https://files.steempeak.com/file/steempeak/deathcross/zf3e2DU2-000520CCCSTEEM20price.jpg)
***Chart: Price of CCC tokens in STEEM*** _(Data source: [api.steemengine.com](https://api.steem-engine.com/history/marketHistory?symbol=CCC))_

## Working hard to lose
Fabulous, fantastic, 33-fold in a year? Really? Really. The problem is: one CCC-token was only 0.00772 USD worth at the beginning. The original 1000 tokens had a value of 7.72 USD on July 23, 2019. Now, only $0.00262 one coin. The value of the whole package: 5 dollar and 14 cents. I have worked 70 days, I guess 8-12 minutes a day, or about 700 minutes – 12 hours – since the end of July to lose 2.5 dollars.

The price of CCC in USD terms fell 66 percent. Now it is only one-third worth of it, as then. The price of Steem was down 46 percent, to 0.1324 from 0.245 USD in the same period. So, this token has underperformed Steem. What doesn’t mean all Steem-Engine tokens have. All this doesn’t mean either CCC is a bad token, or worse than others. (It has only bad luck I staked it and watched it closely, sorry. I will analyze more tokens, also some with price increases.)

## When Lambo?
Now I can buy one or two mugs of beer in a bar if I sell my tokens. OK, it’s not all about money, I simply like to look at nice pictures or read some accompanying stories. The big, fake-naive question is: When Lambo? (Lamborghini.) Will altcoins ever rise again? If so, will Steem ever rise again? If so, will Steem-Engine tokens rise ever? If so, will CCC token rise ever…?

***Update: I made a price comparison chart of 30 different tokens, [you can see it here](https://www.turboyield.net/2019/10/05/steem-engine-token-prices-report-which-of-your-tokens-could-stay-in-positive/).***

Too many questions. Too many doubts. No conclusion. These tokens are indeed a risky investment. By investment, I mean also the invested time and effort. 

## *This post was published first on [Turboyield.net](http://www.turboyield.net)*

### *Disclaimer 2*
I have CCC and open buying orders for CCC, LEO and PAL at low prices. 

### *Disclaimer*
*This website and the information contained herein is not intended to be investment advice or credit analysis. I’m not a financial advisor and I have no business relationship with any investment or finance-related company. The posted material on this blog is my personal opinion or quoted from other sources but never advice or an offer to buy or sell any product. Make your proper research, or consult your advisors before making any investment or financial or legal decisions.*

_(Picture: Own work)_
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 789 others
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@ayobino ·
Is there on blockchain
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@deathcross ·
https://steem-engine.com/?p=faq
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@bluerobo · (edited)
I chip something in towards your !BEER
👍  
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@deathcross ·
Thanks. Cheers!
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@beerlover ·
<div class='pull-right'>https://cdn.steemitimages.com/DQmXK1U89BrMJHwgv6BysSpYswN7NA39URStPi65azu3PJo/Sich%20f%C3%BCllendes%20Bierglas.gif<p><sup>View or trade <code>BEER</code> at <a href='https://steem-engine.com/?p=market&t=BEER'>steem-engine</a>.</sup></p></div><center><br><br> <p> Hey @deathcross, here is a bit <code>BEER</code> for you. Enjoy it!</p> </center>
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@deathcross ·
Thanks. Cheers!
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@dalz ·
Love your analytical aproach :)
Tribes are quite an experiment at the moment. But they can be a lot of fun!
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@deathcross ·
Thanks. Its not all about money.
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@lionsuit ·
Great post and point  made.
It seems so many people ignore the price drop while they write passionately about stacking coins. Glad you acknowledged the overall picture.
👍  
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@deathcross ·
Thank you.
👍  
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@lionsuit ·
I also understand someone's perspective if they point to an overall overall picture of the market gaining growth and overall value increasing. Nonetheless, it seems smart to  observe these notes as part of the reality.
Cheers.

Posted using [Partiko Android](https://partiko.app/referral/lionsuit)
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@steemitboard ·
Congratulations @deathcross! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://steemitimages.com/60x70/http://steemitboard.com/@deathcross/voted.png?201910011003"></td><td>You received more than 340000 upvotes. Your next target is to reach 350000 upvotes.</td></tr>
</table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@deathcross) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=deathcross)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



> You can upvote this notification to help all Steem users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!
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