More Advice on How to Handle these Dark Days. 7 Days to HF21. New MAXUV Tokens Promo Prices!

in money •  5 years ago 

Yesterday I wrote about the need to keep posting and earning on Steem, even during these dark days - especially during these times.

The reason for doing so is that you are actually earning more STEEM now than even one month ago. Accumulating that STEEM during this winter of discontent means that when the price does rise you will have many more coins and thus a higher profit.

The most important thing that drives the Steem blockchain is activity. But not just any kind of activity; there is only one activity that generates and distributes rewards - voting.

Steem's coin-creation rate (usually called the inflation rate) is algorithmically set to slowly decrease over time and is currently at about 8.5% per annum.

But those newly minted STEEM coins are not evenly distributed among STEEM holders. The vast majority of coins go to holders of vested STEEM - powered-up SP - and most of those go to active posters and commenters.

If you stop posting, you stop earning. Those coins either remain in the reward pool or are distributed to people who are still posting.

If you stop voting, you stop earning. Your curation rewards will be zero and the people you may normally upvote get lower rewards.

Without vested STEEM upvoting something your SP will sit there languishing at 100% voting power.

This is not good for you, your Steem friends or the Steem blockchain. As activity decreases, the reward pool rises and as it rises it increases the value of your upvote. That's why it is possible to earn more now than during much of this year.

Even if you just set up some passive income sources, you still have to actively set them up. You could delegate to a tribe or community, delegate to passive income sources such as MAPR or even to the various vote-selling services. You could also set up an auto-voter with all your favourite creators so that, even in your temporary absence, they still receive upvotes.

The one single important thing is that your passive income setup must create upvotes that create rshares that create rewards for content creators and curation rewards for you.

Activity is the key measure of Steem's success.

Even if you wish to pause your own activity your account can still be an active participant in the Steem economy.


The new MAXUV token promotions continue, with fresh tokens put on the market daily at remarkably low prices...
for just 7 more days!

MAXUV is a vote bond, similar to MAPX and MAPXV, that is designed to scale up to a very laerge number of tokens.

As incoming rewards are also powered up as SP, the MAXUV token also increases in value.

Please read the MAXUV launch post.

Tokens are normally priced at 1 STEEM each and that will remain their benchmark price after this promotion.

So what are you waiting for?!

Go to the MAXUV market now!

Enjoy EIP with MAXUV!


Building Steem's Fintech

[BUY MAPR] - [READ MAP REWARDER]

[BUY MAPXV] - [READ MAPXV]

[BUY MAPX] - [READ MAPX]

Plus Some Serious Funtech

ONECENT: The First Strategic Token Investment Game (STIG)

ADDAX

TULIP MANIA

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What are the accounts that I will receive upvotes from while holding the MAXUV token? I have been holding MAXUV tokens for over 24 hrs and I would like to see if I am actually receiving upvotes

Posted using Partiko Android

Awesome thanks!

Posted using Partiko Android

Thanks @eturnerx for replying, and just a reminder to others who read this, it can take up to 24 hours for your new MAXUV balance to show up as upvotes. This is not because we have very slow computers, but just a safety measure to avoid gaming the system. On the plus side, there is no unstaking of MAXUV tokens at the end.
Thanks for your support!

If I buy new tokens do those tokens need to wait 24 hrs too? Yesterday I had about 100 tokens and I received a total upvote of 0.006. And today I have 2,000 tokens and only received an upvote of 0.015. I expected to have at least an upvote of 0.12 with having 20x tokens compared to yesterday

Posted using Partiko Android

Hi, yes, every purchase needs to wait for processing - otherwise is far too easy to use the same tokens multiple times in one day by posting then transferring to alts. It just replaces the unstaking period of many other tokens, but takes place at the start instead of at the end.

I just had a look for you and your new purchase hasn't been added yet. Must be soon :-)

BTW are your numbers in $ or STEEM? Also, don't forget that votes come from six accounts.

  ·  5 years ago (edited)

I also just did a quick check on actual upvotes going out, and for the full 2000 tokens a recent post received about 0.763 STEEM worth of votes. So I assume your numbers are $, so at 17 cents that comes to $0.13, as you expected, although the blockchain price is still around 21 cents so will be more in $.

Yep those numbers are in USD amounts. I added the totals from the different account to get total upvote. But ok, I just added those additional 1900 tokens yesterday so they should be done with processing today! Thanks!

Posted using Partiko Android

I had a further look for you, just in case the cronjob failed and the purchase was only about 10 hours ago! So may feel like "yesterday" but was not so long ago in hours. Don't worry, I nurse these programs at their start just to make sure everything is working :-)

Just bought 10 tokens.

Looking forward to my upvotes!

#keepsteeming

Great, thank you! I have manually adjusted your upvotes so you now receive up to 2 per day during this start-up phase of MAXUV.

Congratulations @maxuv! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You distributed more than 100 upvotes. Your next target is to reach 200 upvotes.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Vote for @Steemitboard as a witness to get one more award and increased upvotes!