This SBD price tank is getting REEEAL depressing fast... LOL!

in steem •  7 years ago 

I was out quite late with family last night, so I did not have much energy today and I ended up spending most of my day lying on the couch flipping between the bitcoin ticker and the SBD price updates.... and man has it left me depressed! hahahaha!!!

I really should have done something a little more positive and productive with my day than watching that graph tank lower and lower... hehehe

But.... as we all know, we are here for the long haul... so I guess we will just have to hang on tight and ride the wave....

Or we can drink wine and drown our sorrows....
yes... let's do that!

CHEERS!

......

Until next time...

Much Love from Cape Town, South Africa xxx

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We obviously have to do more to help get steem price higher..l still see a great hope for steem and it is still my best cryptocurrency..thanks for sharing this @jaynie

Agreed! :)

Perhaps the one silver lining in crypto markets crashing is that they often seem to happen on weekends. Much easier to drown our sorrows...

HAHAHAHAHA!!! Yes indeed!!! hehehehe ;)

Haha, looking at the price charts is definitely not the best way to spend time, especially now when there's so much chaos in the market. I only look at the prices in the morning to see where it's going, but then I try to forget about it, because nothing will change if I worry about it, but it will affect my mental health!

hahaha @trendo, yeah I wont be doing that again any time soon lol - Lesson LEARNT! haha

You know, for me, personally, its not depressing at all. For one simple reason. I have faith. I have my faith in steemit and I strongly believe that future is bright for this platform. So, don't panic. Just wait. Light always follows darkness.

yip, agreed! I know I am here for the long haul irrespective...

Hahahaha i was expecting the wine. You know i must talk! Haha. Yes, really depressing. I have stopped checking a long time ago, i just shut my mind and browser against it. I checked today as well and my heart sank. I shook the depressing thoughts off because i know it is one of those things and sooner, it will pick back up. This is the time to even engage more on the platform, than to run away. We are here for the long haul. Falling prices have nothing on us. Haha

DIE HARDS!!!! lol :)

Hahahahaha covering my face.

Yes it has been yucky to watch and only had the guts to check my Luno Wallet just now. Probably because it's finally wine o'clock and I wouldn't have been able to drown my sorrows earlier hahaha.

hahahaha and how did it go? ;)

I will go with the wine...but none of that sorrow. Remember the sbd price before the spike in december?😎

No @immarojas. Please remind us! 😁

More or less than a dollar😁😁

Well that covers all the bases @immarojas! 😁

It will go up hopefully soon Gillian..see u tom. what time will u be going?

I didn't know you were going @immarojas. That's cheered me up a bit. i'll be there from 11.30 hopefully. What about you?

Much later as i got stuff to do till noon☺ See yah!

hahaha I sure do! lol

All these see-sawing is not for the faint of heart. And they say that 2018 will be far far away compared to 2017. Cheers!!

I personallt believe that the decline is for a while. Bitcoin is on its way back up soon.

Let's keep our fingers crossed haha!!!

yes, lets... :)

This is due to American securities legislation. All crypto went down, but long term they will go up as being securities it draws in conventional money.

yip :) Patience is a virtue....

it is time to throw fiat and buy some Steem and use it for steem power :) . I will grab enough fuel and fly high again. I am waiting for the next high :P not only our whole steem family :P

nice your steemit post..

Wow ! It so amazing, I'm actually laughting reading the piece. It wasnt just you alone anticipating the high in price of crypto. I can't just cry but laugh away my sorrow concerning sbd. #we win together.

  ·  7 years ago Reveal Comment

For whatever Reason I cannot follow the steam dollar versus steam. Can somebody please help me with this I’m getting closer but still is just not clicking. I also mean in terms of buying steam versus the steam dollar And then powering up? If I’m holding steam that I bought higher do I wait and power up later? UGG I just don’t follow

  ·  7 years ago (edited)

Steem power affects your upvote strength, more sp = more rewards when you upvote, obviously. Power up anytime, you like, steem powered up today will be the same steem powered up down the road. Steem power = steem thats been entered into a 'smart contract' where it will take 13 weeks to withdraw aka 'power down' if/when you choose to so so. But you are able to collect rewards from steem power with curation rewards you just cant 'spend' your powered up steem right away. Sbd is supposed to be the 'spending currency' and 1sbd is supposed to be equal 1 usd but that stopped being the case a while back. If you just want to power up you'd probably be best off buying steem directly as opposed to sbd but who knows, I know a while back 1 sbd could buy like 5 steem on the internal steem market... so it all sepends on market conditions and what you want to do! 🙂

Thank you! I know there was talk about the SBD vs. Steem that's probably the most confusing part. I think that's where my confusion is, when it got higher than steem and how did that work. I appreciate your explanation!! It is hard to ask :)