Celebrating 30 days #club5050 - #club5050, The roadway to steem value becoming 1 steem/ $1, even $10 or more By @iddy//15% Payout To @steemkindness

Welcome to my blog,i hope you are fine and safe,as for me, i am great. I am here to talk about #club5050,I am very grateful to @harferri for organizing such an interesting contest.

---

My understanding of #club5050

---

#club5050 is striking a balance in steem economy - that is a user powering up at least 50% of his monthly earning in steemit platform. For example, if one earns a total of 100 steem in thirty days, he is to power up 50 steem or more out of the 100 steem he earned.

---

Effect of #club5050 on steem economy

---

#club5050 has a positive effect on the steem economy. Steem blockchain users have been powering up to be in the club, almost every active user is in the club, powering up at least 50% of their earnings for thirty days. This has a positive effect on the steem economy, to know the effect, I visited steemscan.com to check the height of steem, it was 59,185,912, and the value of steem/USD was 0.61, the supply was 394,464,479 Steem/9,734,345 SBD at the time of this write up.

Source

Steem Economy has grown within these 30 days of #club5050 implementation. Though there has been a little drop in the value of steem/USD, the value will surely rise again since the power-up culture would reduce the number of sellers in the market while buyers are many, thus increasing the value of steem/USD, to prove I revisited steemscan.com few minutes after the first visitation and the height of steem had increased to 59,187,074(+1,162%).

Source

I also visited steemyy.com to check the total vesting shares of the steemit blockchain, it was 263414740254.553038 VESTS with the pending reward vesting shares of 817619651.964368 VESTS. Wow,more steemians are powering up, the power-up is good. It gives us insight into the future of steem.

Source

---

#club5050, The roadway to steem value becoming 1 steem/ $1, even $10 or more.

---

Becoming a member of the club means saving more steem and selling less steem. Sellers will be less in the market, and buyers will be much, thus making the price of steem/USD to be in an uptrend. Another thing is that every user will have sufficient steem power to support one another, thus extending the life span of this blockchain and making the users even earn more. I see #club5050 making steem price to become 1steem/$1 soon, and 1steem/$10 or more shortly.

---

How I found about #club5050.

---

I found about the club through updates from @steemitblog and different communities I subscribe to. I was so happy about the creation of the club and its implementation because I knew it was the beginning of good things to come. I for saw growth in steem economy which is for the benefit of the users of steemit blockchain and my having more steem power. This motivated me to participate in the club.

---

How #club5050 influence me.

---

I power up more than usual since the inception of the club. I started using #club5050 on 12th Oct.2021, and from then till now, I have been able to power up 307.971 Steem and transfer just 133 Steem. This implies that 55% of my steem power(558.211) is from the power-up I made within the period of club5050 existence. Thanks to steemit team for initiating the idea of #club5050.

Source

With this club, I see myself becoming a dolphin soon. I am determined to remain in #club5050 and get to the top together with steem.

---

Conclusion

---

I see #club5050 making steem price to become 1steem/$1 soon, and 1steem/$10 or more shortly. With this club, I see myself becoming a dolphin soon. I am determined to remain in #club5050 and get to the top together with steem.

My Power-up:

Transaction For 30 days:

Source

Thank you!

It's my desire to invite my friends: @goodybest,@gracyakan and @vickydear to participate in this contest.

Cc:
@steempreneurship
@harferri
@sofian88
@tucsond

Here is my introductory post