On the issue of buying more steem, I've done so recently but wish I'd hit on the tactic of checking the powerdowns, which I've just started doing using @penguinpablo's daily and weekly stats.
Obviously a powerdown doesn't necessarily mean the steems going out to the market place, or when, but I think it's fairly likely.... and today there's another 200K liquid steem just waiting to enter bittrex and presumably drive the price down. Possibly (although for the same period there's more coming into steem than going out)
Also, any idea how I find out who the big powerdown is: I'm assuming the 240K, then 200K below 7 days apart are the same person. This must be a >1m SP account powering down.
Something's just telling me to wait to buy more.
What's your take on @thejohalfiles now manually voting BTW? I'm wondering if that's even significant now in light of all of those 'collective' whale accounts you mention.
@tribesteemup's also a nice little group to try and break into 'relentless positivity' is someone's bag.
There should be a place to locate who's powering down, I'll have a look around - maybe @paulag know's off the top of her head.
I do think staged buy-ins are a better plan, we are in a downtrend and no-one knows where the bottom is. Last year I was buying most of mine following the spike, the price kept bouncing off a $1 and I was adding $100s at a time. The nice thing about not getting the buy perfect on STEEM, is that as long as it's vested you are earning from it anyway (via self-votes or people looking at your wallet and going ooooh, best up my vote for this guy!)
Johal back voting is brilliant news, thanks for the heads up. I noticed he slapped a couple of DVs on a EOS shillers. Repect to him for 'policing' the network, something that has been seriously lacking due to delegations out to Bots. Yes, I'm blaming them again.
I was only looking a somewhere with powerdowns the other day and can not find it. Will keep looking.
You could also add @slothicorn to the project list
TxPows? Although it doesn't contain any numbers :/
Cheers, I'll add Slothy!
I don't actually look at the dollar price that much TBH, I look at the BTC price! ATM I want it at <0.0003 BT/ or however many 00s there are if you know what I mean.
Actually come to think of it I'm sure there is a regular stats post with the biggest power downs, it might even be @arcange's basics.
Way too many 0's for my liking. I end up counting them with fingers!
True - but it's all relatively minor fluctuations anyway. I wonder if the steem price will ever properly break its tie to bitcoin.
I mentioned this yesterday to a knowledgeable Steemian who told me that Ethereum led the rallies in 2015 and 2016.
This is the goal for a token or two though, breakaway from BTCs movements (to the upside) and they are in mega business.
And now we've got Monster Backed Dollars in the pipeline to replace SBDs I'm sure steem will be just that token.
BTW I read that donkeypong post about unvoting EOS witnesses - interesting thread that!
I think we are on the same boot, something is telling me that steem price will go down again with all these powering down, but i must carefully examine the situation before investing on steemit, let me know if you have any idea about the current situation of steem as regards to investing.
I'm waiting, but I'm giving out no advice to anyone! Risky game that.
True fact,
Because no one can predict crypto market .
Thanks anyway