Good explanation. The whole SBD/steel reward split confused the hell out of me. I couldn't for the life of me work out how it got calculated. Only saw it explained somewhere a couple of days ago. It should be made clearer for new users.
And I agree with your point about forgoing short term cashflow for longer term rewards. There's plenty of stuff I could be doing, and things i could be paying for, with immediate cash flow. But I'm dreaming bigger than that. This applies for my while crypto portfolio.
Somebody predicted on the vertcoin discord, with some technical analysis, that VTC would reach $8000 this year. I don't believe it, because it's too good to be true, and would turn me into a multi millionaire. I know this is off topic, but I could just as easily sell some vtc to pay a bill here n there and miss out on some of those massive gains (even though I think it is very far fetched)
It's similar with steem, except not only could it be worth more in future, but keeping my steem holdings in the platform will hopefully help me earn more to enjoy more future rewards.
Yes. The added income would really help us too but, it would only be a short term solution and we are currently managing through it. Selling a little now would help only a little.. in 6 months though I might take a fraction out and buy my wife something nice.
I don't have VTC and 8000 seems high but, this is crypto :D
I'm very skeptical of the analysis.he used a logarithmic scale but with straight lines. But then he applied the same logic to the historical btc chart and it adds up.
Time will tell I guess.