Firstly, the numbers: our total value is currently about 2794 STEEM (+5 STEEM), including 2135 STEEM within Steem Engine and a total of 19403 tokens in play. This gives ONECENT an ABV of about 14.39 STEEM cents (0.1439 STEEM), up slightly on yesterday.
ONECENT News
A bit of light relief today, with a modest overall increase in STEEM fund value.
As I said yesterday, I think we may continue treading water around the 14.0-14.5 cents level for some days now. Even post income has flattened out. I've estimated a floor on this down-turn and it looks to be about 14.2 cents, so is very much a correction rather than a crash.
We continue to mark down some token prices as very few of them seem to be holding onto any support, however, they also still bring in some income, hence a reluctance to just clear them from the accounts. LEO is one exception that is slowly rising, but it takes a lot of effort to balance the obvious sell pressure. Luckily, a large part of our holdings is in other MAP FinTech programs and their effect has been minimal; indeed, some tokens such as MAPR continue to rise in price, albeit slowly, and we still get valuable upvotes.
Any opinions on this, please leave a comment.
Have a fine day!
Crypto News
European Central Bank May Launch Its Own Digital Currency if Cash Usage Drops
It further notes that an ECB-backed digital currency could have “far-reaching implications” for the financial system. Not only could it alter the way monetary policy is transmitted, but it could also render commercial banks redundant as people would be able to open accounts directly with the ECB.
Exactly! This is what I've been saying about Steem, that users have an account directly with the Steem central bank - whether they use that way, or not, is up to the individual.
New York Gives SoFi Green Light on BitLicense
New York State Department of Financial Services (NYDFS) has approved SoFi's BitLicense application, allowing SoFi Invest customers in New York to trade cryptocurrencies on its platform through SoFi Digital Assets, LLC.
The SEC Has a New Chief Crypto Cop
‘Hodlers Are Insane’ — 64% of Bitcoin Supply Has Not Moved Since 2018
“Hodlers of last resort are insane,” Rhythm summarized.
According to the data, the amount of dormant BTC as a percentage of the total supply has sharply increased in recent years. The trend has remained intact during both bull markets and bear markets, signaling a desire among investors to save rather than spend regardless of profitability.
Rhythm report link can be found here.
This is quite a lengthy article, so just reposting this link:
Hard Problems in Cryptocurrency: Five Years Later
Great summary of the state of crypto tech.
ONECENT Freebies
Now, to some prizes!
That random player will also be added to our automatic-voter (if not already there) and to our new TRENDO tipping token comments.
So, our winners today are... @rosatravels !
Congratulations!
I hope you find the game interesting. Please post any questions or, better still, if you write any articles on the ONECENT experience, feel free to post a link in a comment.
Till tomorrow!
[BUY MAXUV] - [READ MAXUV]
[BUY MAPR] - [READ MAP REWARDER]
[BUY MAPXV] - [READ MAPXV]
ONECENT: The First Strategic Token Investment Game (STIG)
If you are reading this article on the steemleo.com platform, then you will see all recent posts listed in the footer below.
If you're not, then you won't - but you could.
Anyway, it saves me from updating these links every day, which I haven't exactly been doing rigorously.
Please do not upvote older posts - I know the vote buttons should be disabled, but they're not!
Instead, you can use the $rewarding command in a comment to generate an upvote for the author.
Full details of the command parameters at steemrewarding.
Hi @onecent, a small upvote and a tip from the ADDAX trading game! Round 2 has closed - Round 3 to start soon.
$trendotoken
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Thank you for supporting @CatsMakeKittens by being a part of our community @onecent.
Each CATS you purchase gets you daily upvotes from me @CatScientist as our community grows so do your rewards for being a member!
Hi @onecent, a modest tip of appreciation:
$trendotoken
Thanks!
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A member bonus $trendotoken tip for @onecent from MAPXV!
Also consider our MAPR fund and MAXUV vote bonds too.
MAP Steem Fintech: growing your STEEM without SP.
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To view or trade TRDO go to steem-engine.com
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A member bonus $trendotoken tip for @onecent from MAXUV!
Also consider our MAPR fund and MAPXV vote bonds too.
MAP Steem Fintech: growing your STEEM without SP.
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To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site
!BEER
!trdo
Posted using Partiko Android
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Join TRDO Discord Channel or Join TRDO Web Site
View or trade
BEER.Hey @onecent, here is a little bit of
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