Imagine you were mining bitcoin back in the day on your gaming rig. They were worth cents. If you had only looked at the current price and did not see the potential, you would have stopped mining, forgotten about your bitcoins and most likely threw away your old hard drive and lost the password.
There is almost 4,000,000 bitcoins that are lost and out of circulation due to this and other reasons. That's $ 24bn lost by early bitcoin miners who lost faith.
Do not be like them.
Keep mining STEEM, the cost to mine is low, the future potential is high.
@ kabir88
This was a reply to
https://busy.org/@littlescribe/5-things-to-do-when-steem-is-low#@kabir88/re-littlescribe-5-things-to-do-when-steem-is-low-20180820t132110427z
And a little treat for reading to the end
https://metro.co.uk/2017/12/04/how-one-silly-mistake-cost-an-unlucky-welsh-early-bitcoin-investor-74-million-7130239/
Lost Bitcoin Article
http://fortune.com/2017/11/25/lost-bitcoins/
It does get a bit depressing when I realised that some people who were posting regularly are not posting anymore.
So, it's good to have a reminder such as yours. I will just plod on. :-)
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They will come back when the price goes up, they always do. Just look at the stats that @arcange produces.
While they are away, you get a bigger share of the reward pool. It may be worth less in fiat, but measured in STEEM, your rewards are worth more as there is less competition for funds from the reward pool. The size of the reward pool is fixed (apart from the yearly inflation of less than 10%)
Keep posting and keeping building your audience and community. You'll be glad you did in a few years time
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You have a minor typo in the following sentence:
It should be out of instead of our of.Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
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I guess not all bots are evil!
Thanks!! Updated
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One could argue if those coins were in circulation and were to be liquidated it would further push the price downwards , so sucks for the owners but not so much for others.
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Chances are, those account holders wouldn't sell much. Would you sell more than 10% of a $10,000,000 holding if you have seen it rise so much and see it still rising?
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Depends on the distribution ..who got how much coinage !!
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