STEEM bitcoin monero cryptocurrency report by Craig Grant - August 23, 2016

in #steem8 years ago

Being highly intelligent is a well kept secret, so only a stupid person would take an IQ test.

Non-judgmental = accept all as it is, and choose what is best for me.

If I feel a sense of purpose behind trying very hard everyday to get rich, then that feeling means I will never get rich, as the struggle is my pleasure. I will get rich when I get sick of trying and give up, and no longer care about being rich. Just to live each day in fun, an experience of great wealth, that no money can buy


Steem VS Bitcoin by Peter Stones @matrixdweller

Those who never take chances exist to balance those who do.

Being nothing is being free.

The tax rate paid to me by every government on earth, is 1 percent of every financial transaction in the world... Craig :)


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have fun :)

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thats it my friend, you disable commenting on youtube and just have steemit link.. game changer move.. slam dunk.. haha

I've also been powering up gradually in small increments on SP every time the price goes down. I split my buying some I buy on the market and some I use that 1 week exchange thing for. That way I can hopefully balance out the price a little bit in case it changes significantly.

I agree with your thoughts on Monero. I don't think it will sustain a high long term price either.

I will check out @matrixdweller - thanks for the recommendation.

As far as I can see, you seem to be a bit worried about the current Steemit situation. But let me put out a nice fact:

  • May 23rd Steemit had 1360 Users!
  • August 23rd Steemit has 73.200 and counting!
    (Three months difference!)

But unfortunately there is reason for concern, while the number of users is growing, the number of active users Is stagnating, even going low. I mean, 5,448 active in the past 24hrs... This is something to worry about, but if you look at the bigger picture It's not that bad. Also, a another great video Craig, keep them coming! :)

in the past 24 hours there's been 1800 active users with over $40 in steem power, the average was 1500 last week. A week from now if the active users with over $40 in steem power is more than 1800, that is something to smile about

I remember your account worth 50k to 60k you used to say you gonna buy a jet ski...
even though you put more steem power it's down to 35k :/

60k when the price of steem was $3.50, if the price of steem goes to $3.50 next week my account will be worth $90,000. But I think the price of steem could average $2 for years to come, and that is perfect for those who have steem power

Yes, I'm keeping an eye on that data as well and indeed that is something to smile about! :))

As long as you haven't gone "all in" in steemit you'll be fine. Two major blockchain social media competitors about to release this year so time will tell if Steemit is the blockchain version of MySpace. Exciting times for all!

Monero will hit 10-15usd minimum this year and many people have missed the reason why. I'm holding Monero I'll be transparent and we'll see in time how it's going to blow DASH aside.

I have been watching the total steem power in the network.. and its about 130 million this the true market cap for steemit .. http://steemwhales.com/?p=1&s=power

if it go's to .80 cents it will be for a minute only. and I'm buy more..

here's another 2 cents i'm paying myself for typing. lol

you want steem, if you want bitcoins.
you want steem power, if you want dollars.

The way Monero works, is a virus. Because it's a virus it won't last.

Interesting post!

price go down

Steem is a massive weapon against inflation in Latin America steem dollars may be.not very atractive to many but will be for example in Mexico that the dollar is around 19 pesos and going up to 25 or 30 in the next years, steem is quite amazing once Latin Americans realize that will be amazing! In my opinion i droop some money in steem just for fun and I will put 5 to 10 k max, then I.will look my account for 17 years and i will see what happens, even at 20 cents in 17 years I will cash out big bucks.

I think you don't give Monero enough credit. Being fungible is a very important feature that most cryptocurrencies don't have..

monero performs a utility, so there is a reason to use it, but no reason to hold it as an investment, the price can go up but will always come back down once the "hype" dies out