Crossing the 10K Steem Power Barrier

abitcoinskeptic (73) in steem • 5 years ago (edited)

View this post on Hive: Crossing the 10K Steem Power Barrier

5 years ago by abitcoinskeptic (73)

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whatsup (75) · 5 years ago

Congratulations! That's an exciting mile stone. I just powered up to get above 20k, and it moves faster now.

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1 vote

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abitcoinskeptic (73) · 5 years ago

Wow thats cool. Your full upvote is now worth over 1 steem.
I may get more again soon. Was planning to wait for SMT, but u know fomo...

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1 vote

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fionasfavourites (66) · 5 years ago

@abitcoinskeptic

I ain't gonna start curating porn, but if you know someone who does, that's hilarious.

I had to read that twice to be sure I wasn't seeing things... ;) THAT was hilarious

That aside, you make some interesting and valid points. I know there was a reason to come back here - and I had this open before I saw it was today's suggestion in PHC.

I have only managed two posts in the last while, no three. Largely because things have been pretty hectic outside the Steemit and virtual world and because as the previous two posts suggest, there has been "stuff" in my head. One got me one of the biggest payouts I've ever had and the one posted a week ago, exceeded expectations. I have no idea why because it was a "hello, I live and breathe" post. Returns on curation - I've just looked at Steemworld and Steem Supply - for me, are negligible.

I take three things away from this post:

Steem reward into which I shall look more closely (with my huge 1k head of Steem :D

The value (not) of comment votes and curation for me. I have long preferred to respond to a comment than vote on it although I have, of late, got lazy. Now, I'll say something or not at all.

More importantly, as I said all along when I heard about HF21/22, the blockchain needs content creators. Now, with the demise of bidbots, we are seeing the benefit even if the rewards are split 50:50. If my post of a week ago tomorrow is anything to go by, then my sweat equity will be rewarded in ways it hasn't been up to now. It also may be to my benefit to post less often and to spend more time on crafting what I consider to be more worthy posts.

Thanks for the confusing (not) ramble
Fiona

PS I'm calling over @blockurator and @quillfire because your observations may be of interest to them.

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1 vote

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abitcoinskeptic (73) · 5 years ago

The porn thing was a bit of a joke, but there is actually a token for it. There's a legit reason for an alt account.

I've also slowed down posting as I deal with other stuff. I'm engaging and curating more too which takes up a lot of time (glad the rewards were increased).

1k of Steem is more than enough for a top 10000 account. Think about what that will mean if there are millions of active users.

We definitely need content creators. Focusing on higher quality posts will certainly pay off. I hope the trend of bigger rewards for quality continues as it is really encouraging. Hopefully, we can stay above the curve in terms of quality if this is the case. Now that bots are gone, next is vote trading.

I don't miss voting comments at all. I only voted this one because it is very thoughtful and I appreciate that you put in a lot of time and effort. I'll still upvote these kinds of comments.

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fionasfavourites (66) · 5 years ago

A token for porn? Well, it takes all kinds, even old fuddy duddies like me! lol

The comment vote is much appreciated as is your taking the time to read and comment.

Vote trading: now that's a whole new thing that never entered my head. Of course people always find ways of working the system. It's going to be interesting.

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blockurator (65) · 5 years ago

I hope you're right about the price of STEEM going up, and I hope the bidbots are gone for good. Or, at least, not dominant.

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2 votes

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abitcoinskeptic (73) · 5 years ago

Bid bots are like telemarketers they won't go away they will evolve. But, they will be less dominate.
Steem will rise 80th place doesn't suit it. It's top 30 at least.

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1 vote

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blockurator (65) · 5 years ago

True about telemarketers. I hope you're right about STEEM. I can see the potential for a bounce back, but there's a lot of competition now. Some good coins in the top 100.

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abitcoinskeptic (73) · 5 years ago

I agree there are a lot of good coins in the top 100. However, just like having too many good companies on a stock exchange, having too many good coins is going to be great. It was sort of embarassing when you couldn't get much past the top 20 without running into coins that had no history or information. It is becoming much harder to get into the top 100 now and this is good.

However, it could also mean bad news for Steem and I am certainly biased towards supporting Steem.

Sadly, since I got involved in Steem, I've had less time to study alts. So I just stick with coins that are at least 2 years old and usually 3 to 5 years old.

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1 vote

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blockurator (65) · 5 years ago

Yeah, good points. It should be hard to break into the top 100, and especially the top 20.

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1 vote

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trendo.marketing (0) · 5 years ago

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Reveal Comment

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trendotoken (59) · 5 years ago

Congratulations @trendo.marketing, you are successfuly trended the post that shared by @abitcoinskeptic!
@abitcoinskeptic got 6 TRDO & @trendo.marketing got 4 TRDO!

"Call TRDO, Your Comment Worth Something!"

^{To view or trade TRDO go to steem-engine.com

Join TRDO Discord Channel or Join TRDO Web Site}

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dswigle (70) · 5 years ago

Congratulations! What a mile marker!!! I actually just turned over Dolphin not long ago, and let me tell you, it was a painful journey. Okay, not painful, but, I did it the old fashioned way.

I didn't do bid bots or buy in frankly because I felt like I wouldn't care if it all went away because all I had was time invested. Well, the first thing I did after I became a dolphin was to buy a couple of hundred steem! May I just say that I should have done that sooner???

Ugh!

Well, long story short, I had no idea I would love this place so much. It has changed, but, I am not unhappy with the changes. Just things like commenting two days later on a post. Is it worth it? Probably not, but, I did want to congratulate you as it is going to be a hard journey earning it now. But, hey!! You can't buy this kind of fun, am I right? :)

!tip

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abitcoinskeptic (73) · 5 years ago

Dolphin level without buying is very tough. I remember reading you mentioning this.
Glad to hear you did buy some. I feel that is the best way to show support since it definitely creates a demand for Steem. Other activities creates indirect value.
I feel I can also reward people's posts more now as the value was getting quite low and the amount of content I like quite a lot.

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dswigle (70) · 5 years ago

You see! I agree with that philosophy! I just couldn't justify it before. Now, I love to tip and upvote, although, to be honest, my upvote is still small, despite my SP. I guess everyone's is.

But, I am waiting to see if it will go down a little more and buy more. I do believe it Steem and I definitely will be trying to grow in it.

Thank you! Have a great night!

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abitcoinskeptic (73) · 5 years ago

I actually really like your tipping idea as it preserves vp while decently rewarding your following. Tipu is a good one too as they don't send a massive advertisement and it's value isn't 0.0000001 steem or something.

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simplymike (67) · 5 years ago

Congrats, @abitcoinskeptic!!

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abitcoinskeptic (73) · 5 years ago

Thanks. I knew with the help of Binance I could eventually get there.

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lass3 (5) · 5 years ago

That's wonderful. I hope myself can be there one day

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abitcoinskeptic (73) · 5 years ago

Thanks. I recommend you join some leagues that help dedicated bloggers as this can really help people out who are just starting off.

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1 vote

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lass3 (5) · 5 years ago

Thanks I’ll try it out, can you recommend any?

Posted using Partiko iOS

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abitcoinskeptic (73) · 5 years ago

Redfish support or plankton support is for you. However, you may have to explain your low rep and acknowledge how that happened.

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evanpetzer (55) · 5 years ago

I have to agree with you @abitcoinskeptic, i have been gone for a while and am happy to be back with all the possitive changes. I fell victom to the use of bidbots and ended up hanging myself on the Steem Network...

Buying Steem is probably the best crypto investment at this srage and will most definitely be more rewarding than before. #NewSteem now offers an equal opportunity for all to grow...

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abitcoinskeptic (73) · 5 years ago

Bidbots were a neat side effect of delegations combined with a general distaste for downvoting since it was a waste of curation rewards and coting power. However, it gave the impression that Syeem was rigged. With ROI around 10% it took a huge bid to make any meaningful return. No one wants to see people buy their way to trending. The effect is a normal trending page and more rewards for everyone.

I agree, it's a great investment now. It's still 2x its all time low which is more than 95% of crypto.

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evanpetzer (55) · 5 years ago

Awesome, yeah because one day you get major upvotes, the next nothing. Worst of all, no one ends up reading the content all in a rush to earn curation rewards or a quick buck.

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mike3352 (12) · 5 years ago

Our US tax id number is 95-4604782

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abitcoinskeptic (73) · 5 years ago (edited)

I like the environment but I dislike unsolicited advertising. I'm not going to watch your video.
You should also avoid writing comments without any context.

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bengy (73) · 5 years ago

#newsteem has really given the economic impetus for some decent changes in behaviour... I'm curious to see how it lasts and turns out, after all, it is a new game for some people... and in time, the exploits might show up. Anyway, until then... it is a remarkable change!

I'm plugging away to reach dolphin, congrats on the double dolphin achievement (Double Dragon....)

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abitcoinskeptic (73) · 5 years ago

I also question how long it will last, as some are dividing and reducing their stake or already gaming curation.

I've noticed a disturbing trend of people offering a service or a charity while thinking this somehow deserves more rewards than taking pictures of your cat (the community decides, not the author).

It will take more work for less reward than before for the people only interedted in income without quality.

It's going to be good for creative bloggers with reasonable expectations for the time being.

Thanks for the encouragement and making my Steem experience more enjoyable. I think ultimately if people like it, this will be best. Hope you get to dolphin soon.

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bengy (73) · 5 years ago

Virtue signalling... it's the best form of self service....Sigh... hopefully this sort of thing is outweighed by the good things that the new system introduced.

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steem-ua (64) · 5 years ago

Hi @abitcoinskeptic!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 3.914 which ranks you at #4438 across all Steem accounts.
Your rank has not changed in the last three days.

In our last Algorithmic Curation Round, consisting of 110 contributions, your post is ranked at #104.

Evaluation of your UA score:

You're on the right track, try to gather more followers.
Try to show your post to more followers, for example via networking on our discord!
Try to work on user engagement: the more people that interact with you via the comments, the higher your UA score!

Feel free to join our @steem-ua Discord server

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gtg (70) · 5 years ago

Congratulations! :-)

I also, vote for @gtg's thing but that's not really a proposal and I'll unvote it if I find it's blocking stuff I really like.

That's exactly what it is for:
Vote for all you like + return proposal. Then when things settle down, unvote return proposal so ideally, all proposals you like are above it, and all others are below it. :-)

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abitcoinskeptic (73) · 5 years ago

Thanks!
Actually, it wasn't until I saw it in action that I understood it. SPS isn't a gofundme thing and if it is abused, it will demonstrate that it is autonomous, but also make Steem look bad.

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toddrjohnson (54) · 5 years ago

What explains the end of bidbots? I followed HF20 in detail, but after that I kind of gave up. I read a bit about HF21, but in the end I believe that the rules need to be set up to reward truly high quality content and curation of that content. So I upvote what I like, and when I post I go for as high quality as possible. If the rules don't reward that behavior, then I figure the rules are broken, but in no way should we have to worry about rules--we should just be doing what is right, which is to focus on quality.

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abitcoinskeptic (73) · 5 years ago

The rules are still you can vote for whoever you want for whatever reason you want.

After HF21, You can now give 2.5 (250%) full downvotes each date without using the voting power usually saved for upvotes.

This means we are able to become the opinion police without losing curation or using voting power. A lot of people have an opinion that they will downvote bidbot abuse. What is considered abuse varies.

Some people consider anything above 2x your organic reward as abuse. That means if your organic reward is 2sbd, you can only bid up to 2sbd more without inviting downvotes. Orthers say 10x, and others say no bidbots whatsoever

Bidding is downvoted especially on junk.

What is junk? One mans trash is another man's treasure. Personally I would avoid bidding on anything that takes less than an hour to produce.

In my case I am just going to stop bidding fot now since my average rewards have actually increased from an ROI perspective.

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joelai (66) · 5 years ago

Congratulations!!!! That's a very large number that I would dream of for now... Hehe

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joanstewart (65) · 5 years ago

A well rounded overview on the #newsteem setup, thoroughly enjoyed your insights and definitely found some nice ideas to tinker around @abitcoinskeptic

Never used bots nor upvoted myself, voting on comments I too had to stop for same reasons, now to relook at delegation, rethink this curation method many are now discussing as a fair way of supporting each other.

Congrats on achieving your goals.

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abitcoinskeptic (73) · 5 years ago

Thanks.
Good to hear you never used bots or selfvoted. I selfvote because if I don't value my stuff, who should?
I've stopped vote-buying and trading and barely delegate. I don't think there is anything wrong with delegating, it's just no longer something I want to do much of.

One thing I've been doing is supporting a lot more initiatives, I give auto-votes to curation posts from things like theluvbug, steemitbloggers, ocd, qurator, etc. to help them out.

I've set up an auto vote now to follow curators I really like. It's a little technically challenging and I plan to write about it after I've mastered it.

Sometimes I even manually curate their suggestions when I have time.

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joanstewart (65) · 5 years ago

Trading becomes too much in a day, best to find and support tokens/coins where I feel the project/community are there for the good of everyone. Too many jumping on-board in the vein hopes of making money.

Much like you I support certain communities with visiting and auto-votes in case I miss them, one day I may find time to curate, today is not that time still too busy with daily life within the home.

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redheadpei (66) · 5 years ago

Double Dolphin! Congrats @abitcoinskeptic.

Thanks for your thoughts after the HF. It does seem like a great time to buy steem.

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abitcoinskeptic (73) · 5 years ago

Thanks. My thoughts exactly and if I see more positive signs, I may continue to increase my stake.

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felt.buzz (71) · 5 years ago

Well done! ❤️😍😎

Posted using Partiko Android

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abitcoinskeptic (73) · 5 years ago

Thank you. Been itching to get to 5 digits for awhile.

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zekepickleman (68) · 5 years ago

Ah hell ya congrats dood!

I agree with your points and am inspired by your aggressive action. It will pay off huge for you and reward the folks you generously support.

I wish I could do the same but I am stuck pouring my limited fiat into a family vacation, braced and my new digital marketing business.

Here is hoping efforts pay off in some great cash and I can invest before it skyrockets again.

Congrats double dolphin!

Posted using Partiko iOS

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abitcoinskeptic (73) · 5 years ago

Thanks.

I hope you have a nice family vacation and your business goes well. We all have lots of things to do with our momey. The idea is to use it well. It's been awhile simce I bought Steem.

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livinguktaiwan (74) · 5 years ago

Congrats on reaching double dolphin!! This whole curation thing is really an art, takes a bit of time to get the balamce right in order to maximise your rewards, I'm still tweaking mine

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abitcoinskeptic (73) · 5 years ago

Thank you. I guess the next goal is triple, but maybe I'll leave that celebration for SMTs.
I've always had difficulty with curation. I guess now that it is 50% everyone should consider it, especially when they have a decent stake.

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tipu (67) · 5 years ago

🎁 Hi @abitcoinskeptic! You have received 0.1 STEEM tip from @dswigle!

Check out @dswigle blog here and follow if you like the content :)

Sending tips with @tipU - how to guide :)

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theluvbug (71) · 5 years ago

This post was curated by @theluvbug
and has received an upvote and a resteem to hopefully generate some ❤ extra love ❤ for your post!
_{JOIN ME ON TWITTER}

In Proud Collaboration with The Power House Creatives
and their founder @jaynie

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iamjadeline (69) · 5 years ago

I have a lot to learn from you. Basically I don't have much time to keep track of many things. So I just let it be as it is.

New Steem indeed set out a new breathe in the air for Steem. Somehow feel everything is set anew and new things are going to be great. We have hope.

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abitcoinskeptic (73) · 5 years ago

Steem does have a high learning curve. The key to doing well is to blog well or learn Steem well.

We definitely have a lot of hope these days since we are seeing improvements so rapidly.

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englishtchrivy (72) · 5 years ago

well congrats!

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abitcoinskeptic (73) · 5 years ago

Thanks. I'm looking for an update on your blog. Dying to hear about how your garden ended up this year.

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birdsinparadise (67) · 5 years ago

I like your positive attitude @abitcoinskeptic! We all need to continue posting quality content, the votes and Steem value will follow! Congrats on the 10k Wow! Quite an achievement :)

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abitcoinskeptic (73) · 5 years ago

Thanks! Your advice is spot on. I'll add engage with your readers to that =)

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steemflow (72) · 5 years ago

Congratulation....first step to take Steem to moon after the steep downfall

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abitcoinskeptic (73) · 5 years ago

Thanks. I agree buying Steem is the best way to increase the price.

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ireenchew (69) · 5 years ago

Congratulations @abitcoinskeptic
It's definitely not easy to achieve what you are at now.
And I agree it does take a lot of work but its also the fruits of knowledge that we gain. This cannot be bought with money.

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abitcoinskeptic (73) · 5 years ago

I find the more Steem I have the more I want to study and use Steem. I worry that if I get too much Steem I won't be able to back off. Actually, I have decided to stop writing daily because it was just taking too much of my time.

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ireenchew (69) · 5 years ago

I understand what you mean.. about writing daily and taking too much time.
Each post isn't just a few minutes but it's the thoughts put in plus the animation and other things needed to do in order to have a good post.
If I'm in a mood, I will write it down and store it till I feel it's the right time to post it.

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cheese4ead (60) · 5 years ago

Brilliant stuff @abitcoinskeptic

We definitely need the feel good factor to help steem take off.

Congratulations on hitting 10k. That is impressive and sets you up nicely for the future.

I am hoping that newsteem will make the growth of our contest @phctop3 even better. All our delegators get upvoted from our account on a daily basis, plus, the way the contest is set up, everyone upvotes everyone else. Fingers crossed.

Thanks for all the great information that you have written.

Gaz

Posted using Partiko Android

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abitcoinskeptic (73) · 5 years ago

Thanks so much. I haven't been participating much in phc contests (nothing against it contest just usually aren't my thing), however, I just followed the account and I will be sure to vote its posts at least once or twice a week to help with the rewards a little.

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urdreamscometrue (57) · 5 years ago

congratulations:D Nice to hear some positive about steem even though im not that bullish on steem myself.
We will seee, i hope your investments will be worth it.

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abitcoinskeptic (73) · 5 years ago

Thank you.
To be honest, I'm not entirely bullish on Steem short term, it's just at a price I'm comfortable buying and the recent development was positive. However, longterm I'm very bullish, especially when SMTs come out and more people are onboarded.

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1 vote

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smartsteem (71) · 5 years ago

👍
~Smartsteem Curation Team

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abitcoinskeptic (73) · 5 years ago

Thank you!

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fmbs25 (70) · 5 years ago

Congratulations, I am looking to increase my SP too, that will be the best way to help and generate good recompacts for healing.

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abitcoinskeptic (73) · 5 years ago

Thanks! I think you have a good idea. Just don't wait too long or maybe the price will be too high.

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papilloncharity (71) · 5 years ago

Well done and well written @abitcoinskeptic
I have never touched a bot, as I am just a simple charity man.
Although in saying this, I can somehow hold my own.
We hope that the future of steem is as you described it!
Blessings Mr. Double Dolphin

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abitcoinskeptic (73) · 5 years ago

Thanks a lot.
I respect people who've never used bots. I never hid the fact that I used them and for the most part I used OCDB which leaves a comment mentioning that it was used on every post.

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papilloncharity (71) · 5 years ago

Don't worry about using it. I can never judge anybody, and some of my friends also use OCDB so it is not a problem for me.
I respect you and will never criticize your decisions my friend.
Hope you have a good weekend.
Blessings...

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nickyhavey (69) · 5 years ago

Well, you inspired me to just buy another couple of thousand steem to make it above that 10k SP threshold. Bought around 7k STEEM this past month in and around the lows of between £0.13-£0.14 per steem. Never seen it this low since I've been on the platform and it does feel pretty bad ass when I got the "dolphin" approval from steemitboard!

Double dolphin does sound pretty cool as well, looking forward to making use of the stake! I've been in the same boat as you, not sure about delegating, do I, don't I? But ultimately, it is your own stake, do as you want with it.

I think it's vastly under valued personally and now that the bid bot economy seems to be over, there's hope for everyone to get involved in the new web 3.0. Other platforms have come and gone, offered ICOs that never materialised, lead to false promises or broken platforms that just turned out to be hobbies.

The community, development and now the communication is stronger than it has been over the last 18 months since I have been on here so I'm positively buoyant after being despondent with what I was seeing unfold on trending.

Cheers to the #roadtoorcadom my friend!

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abitcoinskeptic (73) · 5 years ago

Wow! 7000 in a month is amazing. I bought a lot last November through January when it was between 22~30 cents thinking I was getting a great deal.
Your cost average must have really improved. You also now have enough influence to get more attention for your great work.

I think the ICO boom definitely played out. Currencies that have established themselves as durable will be expanded. When the alts go up and Steem starts getting noticed as a crypto that has been around over 3 years and Steemit is making money and no longer selling Steem and SMTs come, it will be great. It is so much better than it was when it was worth over 5 USD.

It is easy to speculate what it would be like to get back to where Steem was. 5 USD would mean we have 50,000 $ accounts and our upvotes are worth 33X or like $3.33 for a full vote! It would actually be possible to start helping people at that point.

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nickyhavey (69) · 5 years ago

Yea just looking back at how much I bought in what time frame and did it in big chunks, somewhere between 12.8p and 13.8p per STEEM so up a bit and down a bit. Never bought any before this point and it's the cheapest I've seen it for a while. I just didn't have a job with a decent enough salary (and I was travelling so needed the money for that) but now.... mwhahaha helloooooo disposable income lol!

The fact Steem has lasted 3 years through a brutal and extended bear market has given me a lot of confidence when other projects turned to dust, stopped communicating, lost their place on exchanges or became hobbies. It's easy to sing from the rooftops when everything is booming, how is your stomach when it's at the low?

I'm probably not going to stop buying if the prices stay at this price, I just budget an amount per month but my immediate target was to get to 10k, now I've done that, I'll probably average a lot more and just chip away £50 per week and see how it goes.

My drive is to help others that contribute, make the effort with their posts I come across and make a difference to someone's life... well, as many as possible. And the model steem has means you also grow by doing it as well, it's a brilliant set-up, let's see how it goes up til the next hard fork when SMTs hopefully come along around end of Q1!

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wwwiebe (67) · 5 years ago

Hey, that's a great milestone! Congratulations!

The last I looked earlier today and Steem was up close to 2 cents since the last time I bought it. Definitely upward movement!

I don't vote on comments anymore either. But I do like to comment and at least engage with a positive "Hell ya!"

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abitcoinskeptic (73) · 5 years ago

The slight rise was nice. However, I think I didn't get the full 2 cents and more like 1.25. I like to look at long term trends especially since I powered up and it would take 13 weeks to recover the powered up Steem.

I will vote on comments from my supporters who rarely post or exceptional comments or if I want to get it to the top because it is interesting.

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janton (71) · 5 years ago

Howdy sir abitcoinskeptic! Great post and very encouraging, I hope you're right about the price and I think you are!

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abitcoinskeptic (73) · 5 years ago

Thanks. The price has held relatively steady all week since I wrote that blog. I think it is worth mentioning that any price rise will be long term.
Some people are posting Google trends for search like Steem which are increasing or adding up the use of all sites which interact with Steem (ie. Steemit + Steempeak + Steemworld, etc) in both cases it seems interest is slowing increasing which is always a good sign.

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janton (71) · 5 years ago

I agree sir abitcoinskeptic, I think the long term viability of the Steem blockchain is very good!

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old-guy-photos (73) · 5 years ago

CONGRATS!

That is a great achievement. I really respect those of you that have bought steem. I honestly have not bought in with fiat. However, some of the money that I sold out with, I am slowly buying steem back. In fact the last 2 times it ran to 18 I got sucked in thinking this is the move lol.

So right now it seems to have stopped dropping. This seems like a good area to buy. My main concern right now is the competition that will come from EOS Voice.

Again, well done. Wishing us all a bright future.

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abitcoinskeptic (73) · 5 years ago

I haven't heard about EOS voice for awhile, but I'm sure they are studying Steem carefully. However, I do think that platform is going to be quite different. The organic nature of Steem appeals to me. Voice may end up too polished and restrictive.

I have no problem with people who've never bought Steem with FIAT, but when they think that somehow gives them more authority or credibility, I really wonder. Actually, it's more common with the pay2win model in games where you buy loot boxes and probably imported from there.

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wonderwop (66) · 5 years ago

Congrats on 10k, smart move. I'll go upvote a current post for good luck!

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abitcoinskeptic (73) · 5 years ago

Thanks. I hope it brought you excellent luck!

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