Well, you inspired me to just buy another couple of thousand steem to make it above that 10k SP threshold. Bought around 7k STEEM this past month in and around the lows of between £0.13-£0.14 per steem. Never seen it this low since I've been on the platform and it does feel pretty bad ass when I got the "dolphin" approval from steemitboard!
Double dolphin does sound pretty cool as well, looking forward to making use of the stake! I've been in the same boat as you, not sure about delegating, do I, don't I? But ultimately, it is your own stake, do as you want with it.
I think it's vastly under valued personally and now that the bid bot economy seems to be over, there's hope for everyone to get involved in the new web 3.0. Other platforms have come and gone, offered ICOs that never materialised, lead to false promises or broken platforms that just turned out to be hobbies.
The community, development and now the communication is stronger than it has been over the last 18 months since I have been on here so I'm positively buoyant after being despondent with what I was seeing unfold on trending.
Cheers to the #roadtoorcadom my friend!
Wow! 7000 in a month is amazing. I bought a lot last November through January when it was between 22~30 cents thinking I was getting a great deal.
Your cost average must have really improved. You also now have enough influence to get more attention for your great work.
I think the ICO boom definitely played out. Currencies that have established themselves as durable will be expanded. When the alts go up and Steem starts getting noticed as a crypto that has been around over 3 years and Steemit is making money and no longer selling Steem and SMTs come, it will be great. It is so much better than it was when it was worth over 5 USD.
It is easy to speculate what it would be like to get back to where Steem was. 5 USD would mean we have 50,000 $ accounts and our upvotes are worth 33X or like $3.33 for a full vote! It would actually be possible to start helping people at that point.
Yea just looking back at how much I bought in what time frame and did it in big chunks, somewhere between 12.8p and 13.8p per STEEM so up a bit and down a bit. Never bought any before this point and it's the cheapest I've seen it for a while. I just didn't have a job with a decent enough salary (and I was travelling so needed the money for that) but now.... mwhahaha helloooooo disposable income lol!
The fact Steem has lasted 3 years through a brutal and extended bear market has given me a lot of confidence when other projects turned to dust, stopped communicating, lost their place on exchanges or became hobbies. It's easy to sing from the rooftops when everything is booming, how is your stomach when it's at the low?
I'm probably not going to stop buying if the prices stay at this price, I just budget an amount per month but my immediate target was to get to 10k, now I've done that, I'll probably average a lot more and just chip away £50 per week and see how it goes.
My drive is to help others that contribute, make the effort with their posts I come across and make a difference to someone's life... well, as many as possible. And the model steem has means you also grow by doing it as well, it's a brilliant set-up, let's see how it goes up til the next hard fork when SMTs hopefully come along around end of Q1!