I think the Hardford was a pretty bad one for the Steem Blockchain. Hopefully things will improve over the next few days and weeks but if I had to guess I think Steem will fall below 15 cents this month or next. I also think ratings will go down. Steem is only a little bit above 16 cents now.
I would guess there is another Hardfork within a year. Hopefully it is not the last or hopefully this was not the last Hardfork of the Steem blockchain.
Hopefully I will be able to stay somewhat active and make progress with my account but I think most users are basically screwed. I have been trying to do a lot of very confusing calculations today. I'm not even sure if I really figured much of anything out. lol Hopefully steemblockexplorer is even accurate. It seems like it might be.
When I started Steemit I remember that my 100% upvote at almost full power would show as 1 cent. Now I am at over 1,500 Steem voting power which is 100 times that and my solo upvote shows as 1 cent but is actually worth 0 since I assume the dust threshold is still in place. :( I'll probably still do some solo upvotes but probably at 1% mostly since once again my solo upvote doesn't count anymore. I went through a lot to have a solo upvote that counted and even put my account at risk of destruction to do it but that is now gone. :(
On the bright side hopefully the whales don't sell their Steem but even if they don't I would guess Steemit will still be continuing to sell and might have to sell even more with the low price.
To top things off right now my cable internet is temporarily down and I ran out of high speed data on my phone. lol Fortunately I do still have slow data and a hotspot on my phone.
Wednesday 8-28
#king
1,173.596 SP
1,895 VP
I think Steem will probably go below 10 cent. And if they don't turn around things again, it will die. Please don't upvote comments. Your upvotes will only go to the whales. Only upvote blogposts which at least will pay out something.
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I'll probably do a lot of the 1% upvotes.
U think the whales might think this hardfork will be good for them but I think it will backfire with falling Steem price and could put Steemit Inc in jeopard.
I do agree that it seems like the price can go below 10 cents but it seems like there will be a lot of buyers at 10 cents. I was planning on buying at 10 cents. Maybe I will buy at 5 cents if it hits that but I'm not sure.
Are you going to use an autovoter and play the curation game?
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Why do a lot of 1% upvotes? Those are useless?
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I dunno. I think I've always been a compulsive upvoter. lol
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I could be wrong, I often am... but I THINK upvoting people with a lower reputation score even at 1% helps them build their score.
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