What a ride the Steem price has been last month! Is now our last chance to load up cheap before it hits $10? In the last month my account value has dropped over $20,000 and it does not worry me at all because I am planning to be here for at least ten years! In fact, I bought 1500 more Steem yesterday and have been putting most all of my author SBD rewards into buying more Steem!
Thanks to your help, I have increased my Steem Power by 15% in the last month from 36,393 a month ago to 41,924 today while also now having over 2,000 Steem ready to send to the SteemJ winner! I rented servers and got my witness online and got my first block yesterday thanks to hundreds of upvotes! If you have not voted at https://steemit.com/~witnesses yet, would you please vote for me because this will help me participate more and represent us as a witness?
With me being all in on Steem, is it crazy I get excited when the Steem price goes down because then I can buy even more? A few of my closest friends I work with online have been buying more Steem and recently just loaded up. Here are a few that have recently loaded up!
@aarellanes bought 1,000 Steem and powered up!
@robertgenito bought over 4,000 Steem and powered up!
@jo3potato is brand new to cryptocurrencies and bought his first $200 ever to invest in Steem! He made an awesome tutorial that might be helpful if you want to buy your first Steem and have never done anything with cryptocurrencies at https://steemit.com/steemit/@jo3potato/crypto-nooby-loses-virginity-to-steem.
I think now is definitely the time to buy more because my top upvoter @hendrikdegrote just loaded up with over 50,000 more Steem in the last few days on top of buying over 250,000 Steem a month ago moving up now to #11 in Steem Power! Seeing this motivated me to buy more also and keep changing SBD rewards as often as possible into more Steem. I need to cash out some because I am currently racking up a huge tax bill by buying more with everything I have while I am reporting the income each day!
Is today a day we will look back on and say wow remember when the price was $1.29? When Steemit reaches the same market cap as Facebook, one Steem even with double the amount available would be worth about $1,000. While I believe it will be over $10 in 9 months as explained at https://steemit.com/steemit/@jerrybanfield/10-reasons-for-usd10-steem-price-in-10-months the real opportunity I see is when Steemit goes mainstream in maybe one to three years.
Thank you for allowing me to be of service to you today and continuing through testing these different posting strategies! Would you upvote this post if you would like me to make more like it because that helps me know how to serve you best?
Love,
Jerry Banfield
Definitely yes..Steemit is gonna grow to next level..the registrations are increasing so fast...The community is so good..What else can you want ?Free Pizza? Nice article @jerrybanfield .I love your work :)
Who doesn't want a free pizza ;-)
Yesterday trully was a good day to buy dips not only a STEEM but alos on other amazing cryptos.... While the marekt is going back in green today I do hope we will see it dropping again even lower to at least 60 bil marekt cap.... I feel that would be a healthy correction considering the steep growth over the past three months while give plenty buing opportuinites to stretch out our portfolios... people, we are very early in the game and the future is only starting now...STEEM on....
Se my post from yesterday: https://steemit.com/steemit/@czechglobalhosts/everybody-is-sweating-cryptos-plunging-double-digits-steem-under-1usd
Even today's price of Steem seems to be a discounted price :) Don't you think?
https://steemit.com/steem/@yehey/blockmedia-com-report-steem-at-low-usd1-21-down-but-i-doubled-my-investment
Follow me @Yehey
Indeed. Market needs to go easy now, so us investors and users can recognize what's good and what's bad on the market.
Steem is unique, everybody knows already that content(text,video etc) is the king. What better than SteemIT?!?
One of the fastest growing website in the history....
Such good advice. its up 22% in the last 24 hours
Excellent article Jerry, thank you for putting in the time! Could you talk a little bit in the future about the planned production increases in Steem? Is it true that the production will not only double every year but every third year the production will have, by design, exponential production growth? I believe the genius in this exponential growth rate is that large accumulators of Steem will still need to continue to contribute to the platform in some fashion in order to not experience massive dilution in their Steem Power due to the planned exponential inflation rate.
Great post
Exactly what I'm thinking Jerry, deep discounts to be had right now!
Yes, this is a great opportunity!
This is what you call POV Proof Of Vote for @jerrybanfield for witness.
cheap as chips
Im kinda sad now that i spent most of my SBD on other stuff, otherwise id have invested it in steem.
Thanks for updating the community on the current markwr situation.
Cant wait for the price to go beyond 2$ sooner or later.
Hope everyone is soing well
I'll participate in either!
For long term holders, it's a good time to buy. For the panic sellers, well.. continue :D
Please i be needing hints
Yes@fbproduction!!
Wish I could Resteem a comment!
Great post ! BUY BUY BUY!!! BLACK FRIDAY IS COMING TO US !! will upvote your witness :)!
Thank you very much!
Congratulations! You have been chosen to appear on "Who to Follow Daily". Thank you for adding such value to the Steemit community. Steem on!
Way to go Jerry. Nice to hear others also buy more steem these days. I did the same today. Hope we can enjoy the ride to 10 dollar soon :p
I bought myself over the last two days! From 5SP to 500SP, quite pleased I must admit!
I admire you it's highly risky the prices could drop much more.
When you've been in the crypto game for a while you get used to risk, makes it interesting :)
@znaffe awesome thank you very much for sharing here because I think it will help others to join us when the time is perfect!
Yea it's awesome! I'm investing my time and money here and think we'll see a great return when people join in droves :)
Steem has had one of the highest sell offs of all the cryptos percentage wise. I look at is as a great chance to pick up more myself. Once the dust clears from all these wild things happening in bitcoin land I feel like we are in for a massive increase again.
Those are some impressive buys above puts mine to shame but fuels me to want to do better and better. Thank you for becoming a new witness as well!
Jerry, I really hope so. I would love to see it at $1000 in 10 years hahah. We hopefully can look back on a great 10 years where a lot of people have been helped as well. Ill organise a party when it hits that number;) Keep on posting , I'm really enjoyin it!
I will buy steadily and for the long term too...
Bought at $1.05 during the bloodbath :-D
Its gone come back in the next few days
$10 that's a bold statement to make jerry I do hope your right . Cheers mike
if enough people think it, it will happen ;[)
I hope so mate. Cheers mike
obviously, always is the best time to buy steem.
@jerrybanfield #first
Hello my friend, thank you for this post. Yes in any case one should use the favor of the hour and invest in steem. Possibly in other currencies also. Because all prices will increase again by at least 20 to 50%. Have a look at my current post on this topic
https://steemit.com/cryptocurrency/@steemornot/usdusd-top-6-crypto-tip-usdusd-top-6-krypto-tipp-usdusd
i think so but i may have to hodl for a while. How about some live trading Jerry?
I have converted all my Ethereum to Steem. Fingers crossed!
Convert half of it back. Akasha still holds a chance, doesn't it?
Exciting times, I couldn't power up due to lack of funds but bought some delegated sp from minnowbooster, time to get curating!! (the slider is lot of fun too :) )
This is really golden opportunity to buy some cheap steem, once BTC HF completes in August, everything is going to go up.
Just bought some more steem at 1.17 | Not a bad price but the only problem I now face is Poloniex disabled withdrawals again. What is the deal with the polo crew? It feels like its happening every week on their platform. Why?
Buy low sell high lol
Bitcoin Sign Guy!
This is the picture of the guy who held up the "Buy Bitcoin" sign.
Can u link to original?
Sure!
https://steemit.com/bitcoin/@mikej/bitcoin-sign-guy
I purchased more Steem today on Bittrex and will transfer it over to Steemit.
I believe in Steem and it will go up to $10 in 10 months like @jeryybanfield says.
I'm glad I held during this last drop. T worst time sell is when the price goes down because ten you lose everything with no chance of making your investment back.
Buy low, sell high!
Loading a few here and there @jerrybanfield! Great advice, start loading up the truck people :)
I want to buy, buy, buy, but I'm all tapped out -_-"
wow great to see jerry banfield here with such a great community i.I saw her video about steemit on Facbook
Only due to that video i was here so thankyou a great person @jerrybanfield
This is a great opportunity for people who have money. The others are (once again) put on the side ... As usual ...
I think we are more likely to see $0.6 before $2 again. But hopefully i am wrong.
i'm not buying... yet :-)
@JerryBanfield Thanks 4 everything You continue to do 4 the Steemit Community.
UpVoted & will soon Vote You as a Witness...
Also, if You read this... live in Southern Florida and am working on doing something with a TV station that I would like to possibly replicate in Your area & also up in the Palm Beach area... Would like to discuss the possibility of collaborating on this project, if You should become interested.
Thank You Jerry
I'm with you! I bought my largest purchase of Steem so far when it dipped down below $1.30. I bought in increments and even got some when it was below $1.00. Super happy about that.
Jerry, at this point I've watched hours of your videos even though I only discovered you on Youtube about three weeks ago. I was especially influenced by your "10 reasons Steem will go to $10 in 10 months" video. I appreciate what you do. Thank you!
Hey @jerrybanfield
I have around 10k$ worth of cash ready to purchase coins now that everything is going down. But I keep seeing ETH around 180-190 and other coins are low too.
My question is, do you think now is the bottom, or that we will see much lower prices as we approach the 1st of Aug?
Coz i keep thinking all the time that maybe now is the lowest you know :)
Thank you!
Steem is at 83 cents. I predicted this a week ago. If it breaks 50 cents and bitcoin goes to 1500 , we could see steem in 10 to 15 cents
This is a great opportunity to buy steem at a good price.
Good luck.
who bought at 0.90 2 days ago late at night made the most profit yet!!
it's time for shopping guys!
STRATIS! If you really want great gains, buy stratis mark my words!
what's so compelling about it?
First and foremost, Stratis enables existing developers to leverage their current C# and .Net knowledge because the platform is based around these two technologies. This is a huge advantage because it essentially lowers the barrier to entry for developers and businesses to get started developing blockchain based apps. Second, the Stratis Breeze wallet will be very unique. Its infrastructure will be based on Tumblebit technology such that Tumbler masternodes on the network will enable trustless, private transactions between wallets. In addition, Bitcoin holders will also be able to use the wallet to tumble their Bitcoins and transfer between Bitcoins and Stratis tokens seamlessly. Many in the community have speculated this will expose the Stratis token to an already wide Bitcoin audience. Moreover, apps built on Stratis will run in their own side-chains. This will help avoid the main Stratis chain from becoming bloated. Last, the Stratis platform is backed by its own token: STRAT. This token is proof of stake, and so it avoids the unnecessary and wasteful energy output some other proof of work coins result in. Finally, since Stratis is a C# derivation of Bitcoin, tech improvements such as Segwit and Lightning Network could be implemented on the main or side-chains in the future.
Source: ~~~ embed:stratisplatform/comments/6a2t3b/stratis_information_faq/?st=j526ay81&sh=48579f0a reddit metadata:fHN0cmF0aXNwbGF0Zm9ybXxodHRwczovL3d3dy5yZWRkaXQuY29tL3Ivc3RyYXRpc3BsYXRmb3JtL2NvbW1lbnRzLzZhMnQzYi9zdHJhdGlzX2luZm9ybWF0aW9uX2ZhcS8/c3Q9ajUyNmF5ODEmc2g9NDg1NzlmMGF8 ~~~
All right, Steemite great Outlook=))
Wow! Great news. If I had enough money I like to buy menimum 100 Steem.