DAILY STEEM REPORT JUNE, 8TH ★ STEEM 2.21$ + 463 New Accounts

in #steemit8 years ago

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Fuck it! Just sold all my Altcoins on Poloniex to get more Steempower!
And I tell you what.... it feels sooooooooooo gooooooooooooooooood :)

It feels so good because:

I finally get rid of the problem to have the Alt-coins on the exchanger which is never a good idea....

I will have more Steempower, so commenters on my blog getting higher rewards...

I will get higher Rewards from voting other posts...

I know 2,21$ is still a cheap price, compared to what Steem will cost in the future...

I am now a bit closer to the 100MV which is my personal goal...

its fun :)

So did you Power Up?

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Mr. Power Up @elyaque

The comming Venezuela millionaire !

Yesterday he said: KAAAABOOOMMMMM!
Today he did it!

Regards from Norway

Badge by @elyaque

@elyaque is a superhero!

https://ipfs.pics/ipfs/QmUBNnSYWcVdp4iTH8mEahEjvQ2bpkVn82qofUPkxfjXmS

I think Venezuela must be proud of you @elyaque

Steemians love you!

And not only are we proud to have in the community a compatriot like @elyaque, also because today Venezuela won their match of the semifinals and step to the Sub-20 Football Final!

badge by @elyaque

0e736e9e-eedb-482a-878b-47aa98cd5850.jpg

Thanks :)

Yes!, we are

Thanks @barbro you are so nice :) I try to motivate everyone to do the same :)

I'm right behind your neck. I will buy more.

Hahahaha, so the Race is on! Beware more Steem will come from Poloniex in the next 2 days....

Is there a way to calculate how much vote power gives how much reward ?
Because i see people with 11k SP giving out like 0.09$

Voting weight is squared Steem power.

11*11=0.12$

This particular user was probably at around 75% of their voting power

Thats interesting, did't know that one, thanks :) This even motivates me to get MORE :)

Well, it's changing in the next update i think. Voting power will be made linear to give the minnow votes more weight relative to users with very high Steem power. Currently the voting power is much more concentrated within a very few users (merely 50-60 users control ~65% of the reward pool, for a perspective)

It's not that straightforward because it depends on may factors, but in general your voting power is proportional to the square of your Steem Power, if you're not voting in concert with others. It's even more when you vote along with others (proportionate to the square of total r-shares applied).

FYI this is changing to a linear system with the coming hardfork.

Nice to see your comment here. @elyaque is one of the best supporters of this platform since a long long time. And his report got very often only one or two bugs payout, while other were permanently pumed by some whales. I am glay now that the man who deserves it mst gets fair payouts too. And worthful comments, too. Thank you.

There is a way.... I give you now a 100% upvote and you will see how much you get :)

sir, I don't fully understand. So is it the reputation or the quantity of Steempower that influences a steem upvote outcome? Thanks!

Its the quantity of Steempower.

Thanks. That helped a lot.
And damn I have a long way to go to reach some influence here. XD

you will get there :)

So now my little clip really makes sense as a comment ;):
!

I would love to power up but after this run, there is quite a risk attached and I currently do not have any risk capital free for such investments. But I pull my hat for what you did, for your overview and your achievements.

Thanks, hope you can power up one day :)

So solely by setting rewards to 100 % power up, am I powering up at the moment :)

I did something very similar.

I got rid of a bunch of alts to limit my day trading, then bought n' powered up steem for a bit of hodlin'.

The price also went up immediately, so that didn't hurt.

Well done :)

bro u got into steem at perfect time.
did i not tell u that your 30,000$ in steem at $1 would pay off and that it would be over 100,000 dollars in a few days?
and here u are, a few days or weeks away from a million dollars

swish swish bitch, another one in the basket, cant touch this, another one in the casket
these altcoin buyers they dont know what is what they just strut! lol

ha...I agree with you on this...but only because almost all great investment decisions have begun with the phrase..

"FUCK IT!"

Hahahaha, well I hope it comes true then :)

Congrats on coming closer to your goal. I agree that keeping money on an exchange can be bad.

Yes, and Steempower here on the Steemit - Account is like Fort Knox :)

Gotta admit for a while I hated seeing your morning report. That's the first thing I look at every morning before rolling out of bed, but now it's a lot more fun. Steem On!

Why you hated it?

Lol because every morning it was lower and lower now it's a brighter morning and it makes it easier to get out of bed

This post received a 49% upvote from @randowhale thanks to @elyaque! For more information, click here!

This post inspired me to also buy more steem power, Cheers Steemit!

Nice move! I'am still unsure, if i should go for more Steem yet ^^

Don't think twice :)

We've got to be at least here on the sentiment chart...

Guess this one doesn't work for Steemit, Steemit will just go up and up and up :)

Haha, you're mad :-P

Personally I have been selling, but only my liquid Steem, none of my powered up stake. I will start buying again when I feel like people are panicking again.

We will see how it's going, I talked to a lot of users, and some of them where wrong about it, Steem went up, now they cry, because they haven't bought more.... but hey you never know, I only see the big picture here, if Steemit comes out of beta and we will have marketing, this shit will explode, as simple as that !

5$ by the end of 2017?

very possible, if not even more....

Du bist sehr konsequent und mutig! Respekt!

Wenn alle so gute Supporter der Plattform wären, hätten wir heute schon wesentlich höhere Kurse!

Danke, ich sehe einfach das Steemit das ganz grosse Ding wird! Wer nicht wagt der nicht gewinnt :)

I did exactly the same! I sold Ripple, NEM, and ether for Steem Power, not even bothering to go via Steem! Power that shit up and support this system! Even €10 is cheap for one Steem!

You are the man!

Interesting, I'm inspired.

You should be, Power UP it't still cheap !

"Just sold all my Altcoins on Poloniex to get more Steempower!"

↑ my imagination, so crrrrrrrrrrrrrazy

WHAT DOES THE SCANNER SAY ABOUT HIS POWER LEVEL?

Seriously, it is over 9,000.

This.is.epic.
Made me laugh out loud!

hahahaha

Very wise decision to sell alt coins for steem power... now you can have peace of mind, as steem is for long haul, no need to worry about price fluctuations any more...

Yeah, thats another reason :)

Still holding UBIQ?

Steem to the moon!

I do, just bought more yesterday on Bittrex, just sold all the Altcoins on Poloniex... I will transfer the steem to my account now everyday, problem there is the 2000$ day limit....

Only way to become a whale, by eating schools of plankton, one by one! ;)

Edit: woohoo! My upvotes are now worth an entire cent!

I remember that days.... post every day and you will see it makes a difference :)

Good job @elyaque! More power to you!!

Thanks!

Don't forget me when you become a whale, my friend!

I don't, upvoted your post yesterday, I wish you good luck with your operation, all the best, hope they can fix you and you will keep steemin here :)

Thanks a lot.

I feel bad for selling some steem a few weeks ago. Maybe I should buy some, I am not sure.

I can not decide for you, but powering up is always a good thing :) If everyone does it a little bit on a daily base, price will go nuts :)

True, that would make Steem rise above all, but I do not have the cash to back it up.

Well, pretty much everything I've been given up to this point has been powered up. I figured why not and it seemed the best place for it? I've yet to actually buy any but would like to get my toes wet soon. Enjoyed!

Yeah I doing the same, all my post are 100 Power up posts, its amazing how much you accumulating over time !

Exactly. Love the updates by the way. It's neat to see the periodic growth involved with steemit. Keep em' comin. The new accounts still amaze me although I'm was one not long ago.

You are a brave man XD

Thanks :)

very exciting numbers ❤

... all looking good :)

So I am interested in what people are doing with STEEM ... is there any way to see the total amount users hold or are selling for bitcoin

Wow, congrats..

You're an inspiration to the #redfish new user

Thanks :)

Pleasure from the #redfish

Wow, you're going all in! My goal is to reach 10 MV before the price gets out of hand. Hopefully I get there before end of this year.

little by little you will get there :)

Wow, so much power, use it wisely my friend.

I will, I give you an upvote for example :)

Thank you, pleasure as always :D

Great power

So if I give you a responsable upvote, is this ok?

I guess :))

Warm welcome to all 463 new members! I am planing also to buy some power. Cheers

I should power up more than more. Your wallet is amazing @_@

Thanks, 1 year of Steemit exactly ! You can do the same, just post every day, thats it!

Congratulations seem's like it's been a little bit worth it. 😎

I want to do the same, but I'm not 100% sure how Steem Power helps with the content that I'll post. Also, I know you get some Steem out of the new mined Steem every month for holding Steem Power, but that too isn't very clear. If there's a guide on this, it'd make it so much easier for new users like me to send Steem to Steemit and hold it here instead of my other crypto wallets.

With more Steempower the rewards for your commenters will be higher, like this you will have more followers, with more followers you will have more upvotes, and the game starts again.... so yes Steempower helps :)

Ah right, So the Steem Power doesn't go down with each reward you give to the commenters? Sorry for all these noob questions. Thanks.

It goes down, if you vote, but it recovers after 24h :) So if you vote and your voting power goes from 100% to 80% on the next day it will be 100% again. If you drain it completely you have to wait 5 days to be at a 100% again.

That's really great. I'll soon be stacking up on Steem Power. You've explained it really well. Thanks so much!

you are welcome :)

YEAH... Change we can believe in... :>)

100% agree

The people's choice for change.

BLOCKCHAIN = CUTTING OFF THE MIDDLEMAN

that's a positive and uplifting message. Thanks for sharing! Upvoted!

Hope I convinced you :)

No need for convincing, I'm a believer :) But yeah as a minnow it can get tough sometimes. But yeah "HODL" :)

yes it's my intention to invest more in steam, mainly from blogging and also being a more active user - i'm literally hovering over the delete account for facebook (not that i use it much) and i'm also looking to get my clients to pay me in steem/bitcoin/blockchain as well OR just use half of any earnings to power up.

Facebook? Whats that? :)

right on! :)

Congrats! im sure that was a great invesment!
Greetings from Venezuela

I am from Margarita, and you?

From Caracas

You've got to go all in at some point! Put those chips on the table and let it ride!

Thats what I did :) and you should do too!

COMMIT!!! I hope I will get higher steem power one day, wait to go brother!

Just be active here on Steemit, and in no time you will have some Steempower....

many thanks for the tips!

Wow you have great faith in Steem. But yeah this is one of best alt coin projects out there now

it is, thats why I invested here :)

I'm hoping for another drop in price before I buy more! Congrats on becoming a hero!

Thats what I hope for too, but I am not sure if we ever see 1$ again.... Don't think so....

Upvoted!
Well done and keep up the good work.

Thanks :)

I will do the same, as soon as I get some steem lol
I joined 3 days ago btw, loving it so far :)

Whats not to love here:) Welcome!

Just 463 😯

don't be so negative, at least 463 :) could be less....

I like your new DP

Ha, so Cool

*claps

Awesome! Thanks for the update Elyaque. I'm also getting rid of my altcoins (except ZEC because i expect it to go 200% soon after which i will get out).

200% for ZEC? What makes you so sure?

I still strongly believe in the technology and the fact that it bubbled in the beginning due to too much attention. So i expect it to go up to around 400 ish which i think it is worth right now.

of course money is not everything, but still I like that i t has risen so much. I bought only 50 dollar of steemit and no it is 560 dollar!! But I think it will fall back in the short term to maybe 0,5 to 1 dollar in the coming days. But in the long run it will rise significantly.

Why you think it will go down to 50 cents? And yes I see the long-therm pictue, if it does go down to 50 cents, I will buy a bunch more of it :)

Congrats! You just have made a very wise decision...

I know :)

Hell yeah! I sold a bunch of Digix DGD I have been hold last week and bought steem, which became SP. So happy. I think its a great investment and love being able to give a little bit to the post and people that I feel deserve it. Its motivating to create better content when you have something to give. Love the steem stats interface btw, sick stuff!

Nice to hear that you have powered up, thats the way :)

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