Sunday, July 29, 2018

The true value behind steemit.


 in steemit •  9 days ago

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Many new people come and go everyday on steemit when they realize they aren't going to get rich over night. They think a few cents or a few dollars isnt worth their time or hard work. Trust me when I tell you I understand their/your pain. I to have spent countless hours pouring my heart into articles that make next to nothing, in fact most people have this same problems when they start. But I know something most people don't realize. With cryptos such as steemit, its not about what you make today, it's what you hodl!
You have to realize that when pretty much all of the whales on steemit are just people who came to the platform early believed in steemit/steem-network so much that they powered up their Steem instead of spending it. See back in the day steem was only worth pennies, so when a post paid out the steemian would get hundreds or thousands of steem for just a few dollars on a post. At that time it didn't seem like much money but as the steemit platform grew the price of steem raised which made their shitty $1 post worth $10 then worth $100 (USD) because they invested (powered up) their steem instead of spending it. In time their investment payed off amazingly, and yours can too!
What I am saying is don't get discouraged by low payouts because if you just continue to save, in a year or two steem will be worth so much more than it is today. Think about it if steem one day goes to $100, I know it sounds ridiculous but I really think it is possible with the technology behind the steem network especially once you add in Smart Media Tokens and the steem network becomes more mainstream. If you ask me its more of a matter of time, than if.
Imagine, in the future it may take you 5-10 articles to make just one steem! Seems like it wouldn't be worth it to post but trust me when I tell you it won't matter because the new people coming to the platform will never remember when steem only cost $1 and they will still be happy to make "free money." And since you make the "same amount of money" for a post regardless of the price of steem people wont mind if they are only making 0.01 steem, just like we don't mind steem being around $1 because most of us don't remember when it was $0.10, everything is relative.
So unless you are relying on your steem to pay bills then you really should refrain from spending it as much as possible. Just look at your account and pretend that every steem you have is worth $100 not $1. Doesn't that change things a little? Just think, you shitty $1 post now could be worth $100 in a few years, talk about awesome interest! All you have to do is wait, and believe in the steem network. Even if steemit doesn't make it, the steem network surely will.
My goal is to have 1,000 steem power by the end of 2018. That way, if steem goes to $100, I will have $100,000! JUST FOR POSTING ARTICLES ON STEEMIT! Not to bad for a little more than a years work. Steem On my friends.
"Peace, Love and all that hippie shit"
The STEEM Engine
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