What will 10$ buy you? | Aka: remember how hard it is/was to earn 80 STEEM?

cwow2 (65) · 5 years ago

2 lattes in any cafe.
2 wraps from 7/11
A train ticket for 7 zones.
35 bananas xD

soyrosa (74) · 5 years ago

35 bananas - hahaha - Nice one! I could do with 4 bananas for a week and buy STEEM with the rest :P

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cwow2 (65) · 5 years ago

I need 14 - 21 bananas a week. Depending on their size xD
Breakfast 1-2 banana and a smoothie with 1 in it :D

soyrosa (74) · 5 years ago

Ha! That's a lot! I actually don't love bananas, but using some overripe ones to make pancakes is something I do from time to time :D

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cwow2 (65) · 5 years ago

Thats also a good use :D

crypticat (70) · 5 years ago

For $10 US I can get $13.2 Canadian.

That's a decent take-out lunch for one, 11 litres of regular gasoline, a pint of beer after tax and tip at a fancy bar, a bottle of okay wine at the shop, or a large bag of kitty litter 🐱

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soyrosa (74) · 5 years ago

We're living in pretty similar circumstances I guess :D No cat in my house though!

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mindtrap (74) · 5 years ago

11 liters?? Really?

Wtf ,the price in Greece is 1.65/ lit ...thievs

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soyrosa (74) · 5 years ago

It's even more here :D

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yogajill (62) · 5 years ago

It seems you can buy more for you $10 in your country than i can in Canada. But, you've got my fomo mojo whirring. I think i better get a few bucks worth of Steem! Cheers girl!! ❤

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soyrosa (74) · 5 years ago

I've heard before that we have more 'spending power' here than in other countries - the amount of money you have left over after paying for rent etc is pretty nice and you can do a lot with it. So yeah :-) We pay a lot of taxes, but I guess it comes back to us in other ways.

I don't know if I have to say sorry or congratulate you on the FOMO that's whirring now! Make the best decision for you :D Cheers!

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coininstant (66) · 5 years ago (edited)

The more STEEM the better, especially if it does finally go back up one day! I think it will eventually! Yeah for sure small amounts will add up, works for me too! $10 can buy a few quality 22 oz brews if you're lucky?

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3 votes

joannewong (70) · 5 years ago

Hmm 🤔 what $10 can buy?

One person grocery for a week
Cat food for 2 weeks
4 cup of americano
4 meal (Not fancy restaurant)
The 1-month electric bill for a person
1 movie ticket plus popcorn
4 carton of mineral water

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3 votes

popcornexpress (58) · 5 years ago

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soyrosa (74) · 5 years ago

Groceries for a week! Now that's a different story then - in that case 10$ makes a real difference :-) Thank you for sharing, pretty interesting to see what money can buy all over the world :-)

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joannewong (70) · 5 years ago

Yes it does, $10 convert to Ringgit Malaysia is RM 42.40.

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3 votes

soyrosa (74) · 5 years ago

It's also interesting how coffee is pretty much expensive all over the world. Only in Portugal I would be able to buy about 10 coffee for 10$ :D It's super cheap there, and for 2$ you have coffee and a small sweet cake to go with it :-)

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macchiata (70) · 5 years ago

yeah that's true, 10$ stretch for a week groceries :D,

or 60GB monthly internet subscription,
or a decent quality jacket,
or a healthcare subscription for two person
or copied three textbooks
or 2 coffee plus 3 snacks in a hipster cafe!

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soyrosa (74) · 5 years ago

:D That's a lot! I really can't even buy a good (!) quality t-shirt for 10$ here :')

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macchiata (70) · 5 years ago

I am actually surprised if that's like a week groceries over there! I thought it was more expensive.

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livinguktaiwan (74) · 5 years ago

That's amazing , but what surprise me is how expensive feeding a cat is by comparison !!

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tcpaikano (60) · 5 years ago

A pretty decent bottle of wine

Posted using Partiko Android

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adetorrent (74) · 5 years ago

One month of Netflix or Spotify

<3 <3

3-4 apps in the App Store that I will have stopped using in a week time

😭😭

The UK and The Netherlands are quite similar. I can get roughly about all those things here too.

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soyrosa (74) · 5 years ago

Yes - not very different :-) I hear from a Spanish guy who lived in the Netherlands and now tries to survive in London (he's always complaining :')) that the trains are super expensive compared to 'here' though, so that might be 'the' difference :-)

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sathyasankar (63) · 5 years ago

Here in India $10 is pretty decent amount. It is sufficient to buy the grocery and vegetables for one week for me and my wife.

$10 is equivalent to electricity bill of 7 months here. However this amount is not that hard to earn. Yesterday I bought over 200 steems and used it to lease more steem power from dlease.

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soyrosa (74) · 5 years ago

Wow - I love to hear that you're buying 200 STEEM even though you can do so much with 10$ in your country - makes me excited :-) Glad to hear it's not hard to earn! That's a big difference between countries too if I read through all the comments.

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numberofthingz (71) · 5 years ago

Nice post ! The grind is real !

Posted using Partiko iOS

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soyrosa (74) · 5 years ago

Thanks! And yes, it definitely is! These are not the worst times to be here though :-)

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dalz (68) · 5 years ago (edited)

If there were more easy ways to buy STEEM with fiat I bet I would by more often. Probably there is more like me. We realy need more direct links fiat to STEEM.

Bitvavo is out of reach for me.

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soyrosa (74) · 5 years ago

Sorry to hear you don't have an easy gateway to STEEM! It's definitely needed to have more of those - better times will come, but the price of STEEM might not be this low anymore...

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paullifefit (56) · 5 years ago

Steem is much better than 3 cups of coffee at these prices AND I love coffee! Lol

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soyrosa (74) · 5 years ago

That's saying something! :D Will you be buying some STEEM? :-)

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paullifefit (56) · 5 years ago

You know I had £300 to spend today and I put it into a Dapp on the ETH network. I will be using the dividends to buy steem over the next few days though 💯👍🏻

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soyrosa (74) · 5 years ago

YESSS! Go @paullifefit! Always happy to see people buying :-)

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paullifefit (56) · 5 years ago

Thanks Soyrosa! I bought another 1500 Steem today ✌🏼 And the price is moving back UP! Yay! 🙌🏼😁

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paullifefit (56) · 5 years ago

Im following @backscratcher now so I’m in a pool of people who all upvote and support people who post regularly. Steem is just the Best place to be 💯😁

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imwatsi (67) · 5 years ago

Yes, it's easy to forget how "expensive" 80 STEEM was in Jan 2018 (more than $640). Those days, earning 5 SP ($40) was something.

I think of this period as a redistribution. Getting STEEM into more hands that care for the platform, so when the market turns again, we get to retain most of the value gained and resist downward pressures. Just my view (not financial advice)... :)

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soyrosa (74) · 5 years ago

Pfew - 640$ indeed! Those were different times. Buying was definitely not an option which was why I thought I would never be able to grow my account to a decent level :-)

We're in redistribution times, I agree. I've seen many Steem Friends power up lately - and I'm excited to have them be the 'bigger holders' when the markets turn :-)

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atnazo (74) · 5 years ago

9$ - premium time for 30 days in Tibia
1$ - beer

I CAN BUY MORE TOKENS

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soyrosa (74) · 5 years ago

Is BATTLE your fav token then? :D Just invest in what you love!

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atnazo (74) · 5 years ago

I invested in battle few days ago, when I jumped into top 10 stake holders, when I bought the wall :D That was really funny, when the wall just disapear by one click :D
I think this token is now undervalued, they got really advanced discord with many chat games ;P

Is hard to say that is my favorite tribe. I like many tribes, but I love gaming, so that why I bought some tokens :)

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whatsup (75) · 5 years ago

I'll give up a dinner out for more Steem than I likely earned in the first couple of months.

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soyrosa (74) · 5 years ago

Right? 100$ would've bought me 15 STEEM when I first arrived here - opportunities are better right now :D

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futuremind (70) · 5 years ago

Oh gosh, it probably took me six months to earn my first 100 Steem!

I was quite a novice blogger with zero markdown skillz, and needed to learn quite a bit to make my blogs pass for acceptable on Steem.

I don't stress over the value of Steem, because I have a futuremind, and I know things..

What can 10 dollars buy you in the United States?

1 Pack of Bubblicious.
1 Carton of eggs.
1 Slim Jim.
1 20 ounce Pepsi,
1 Microwavable popcorn.

Although if you are not living the "American Dream", you might choose starvation, cause a roof over the head tends to take precedence 🤪

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popcornexpress (58) · 5 years ago

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futuremind (70) · 5 years ago

😛

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soyrosa (74) · 5 years ago

Damn! Veggies are even more expensive I guess? :D But yeah, I hear a lot of stories from the US, many people live in poverty and don't make end of the month.

Six months for 100 STEEM is a lot of time - and it wasn't easy to buy 100 STEEM back then. It's certainly different now, but still, not everyone has free money to buy even at these prices. Just wanted to show that it might even be worth spending small amounts of money to grow our accounts :-)

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paullifefit (56) · 5 years ago

Ahhhhh so a dolphin is 1000 Steem + eh? Cool, I am beginning to understand the different levels now is it - Minnow - Dolphin - Whale? 🤔

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soyrosa (74) · 5 years ago

Hehe - no, I bought 1000 STEEM which got me to 5000 STEEM which is 'Dolphin' :-)

It's a but more complicated than what I'll write down below, as STEEM is different from MegaVests (and the latter is the actual measure of your stake on Steem), but for simplicity most people keep on the following 'levels':

500 SP = Minnow
5000 SP = Dolphin
50000 SP = Orca
500000 SP = Whale

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paullifefit (56) · 5 years ago

Ahhh I see. 5000 is a Dolphin 🐬 OK 👌🏼 I have a brand new target to aim for then he he 😜

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waybeyondpadthai (76) · 5 years ago

10 bowls of noodles or 30bowls of boat noodle..

But yeah, starving myself would worth it

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adetorrent (74) · 5 years ago

eat pot noodles. they're even cheaper.

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soyrosa (74) · 5 years ago

Hahaha - don't starve yourself! Eat first, buy STEEM with the leftover money :P

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livinguktaiwan (74) · 5 years ago

I guess you mean US $, though that would be the obvious one 😉 Coz a lot of countries use $ symbol for their currency as well

USD 10 is about NTD 310 in Taiwan, that would pay for

my mobile top up card with 3.2G worth of data that is valid for two months
two cups of coffee from Starbucks
enough ingredients (flour, sugar, butter and eggs) to bake three loaves of cakes
4 x 1 hour yoga classes

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meanbees (56) · 5 years ago

Your mobile and yoga class are cheap but the coffee and cakes are about the same as mine. That is a "fancy" coffee, i.e. "16 oz. Mocha with whip", not simply a black cup of "jo".

soyrosa (74) · 5 years ago

I've noticed often how coffee is expensive compared to other stuff in many countries! I remember when I was in China and my coffee would be 5$ for something I'd pay 3$ for in my country. It's scarcity probably, from what I gathered Chinese people haven't been drinking coffee for that long so it's definitely a luxury expense. Maybe even mostly geared towards Western people visiting Beijing (in this case).

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meanbees (56) · 5 years ago

It's an addictive substance, the demand WILL pay more for the "fix".

I was addicted to the caffeine at one time. I would get bad headaches if I didn't drink it. Built in motivation right there, to want to drink it, and to want to stop.

Now it's a Luxury, maybe one every 3 weeks, at ~$5.30 USD.

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soyrosa (74) · 5 years ago

Wow - that's expensive! That really sounds like a luxury :-)

Glad you're not addicted anymore though! I can drink it twice a day but also skip one day without feeling I need it, so I'm really happy about that. If I felt I was addicted I would stop for sure :-)

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soyrosa (74) · 5 years ago

Yeah, in crypto everything is measured against the USD/$, but you're right, I'm often annoyed how we always assume 'US' as the standard, so I should have specified :P

Wow - 4 yoga classes? Lol, they cost easily 16$ around her for one :D I just have a 50$ subscription now on something that you can see as a 'Spotify for sports' which means I can go to as many classes as I like for that amount. It's definitely more economic.

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carlos84 (72) · 5 years ago

Well to tell the truth, it seems very little what you can buy with 10 dollars in your country, that is one of the reasons why Venezuelans are clinging to steem.

Since with $ 10 in Venezuela it is not that you buy many things, but if you can eat for a week, at least one family of 3 people, the other is that the minimum monthly salary in Venezuela is $ 2, so $ 10 would represent 5 minimum wages, in fact it is rare to find a Venezuelan buying steem, since publications for a Venezuelan represent a form of income to eat, it is more feasible to see a Venezuelan user generating steem with publications, and then with a exchange house, change those steem to bolivares and buy food that is for what it reaches, for nothing more.

Thank you for sharing your thoughts and investment expectations. Regards

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soyrosa (74) · 5 years ago

Thank you for sharing your story too @carlos84! Yes, I can totally understand why it's basically impossible for venezuelans to buy STEEM right now - 2$ for a monthly wage is just a totally different measure than what I'm talking about. I'm really happy for the people of Venezuela who found STEEM, as it really does sound like it has helped out so many people in these hard times.

I hope positive change comes to your country soon <3

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carlos84 (72) · 5 years ago

Thank you for your good wishes, I am sure things will improve for all compatriots. Greetings and blessings to you.

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meanbees (56) · 5 years ago

It would be interesting to get a regular "print" of the costs of some standard things, ESPECIALLY for the next few years. I'm expecting some wild gyrations in the "money" system and it would be interesting to see it's effect worldwide.

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soyrosa (74) · 5 years ago

That's interesting indeed :-) In general we can buy less and less each year for the same amount of USD/Euro and I don't see that changing soon.

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markkujantunen (74) · 5 years ago

$10 = €9.13 buys me

6.3 litres of 95 octane petrol
three sandwitches for lunch from the supermarket
a movie ticket for a child
10 x 0.33 l cans of cheap lager
district heating for one day for our house in February
a Big Mac meal and a coffee
cat food for ten days

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soyrosa (74) · 5 years ago

Definitely sounds like your country is a little more expensive on some points - 10$ for 1 day of heating? Wow. I pay a 130 euro advance per month for heating/cooling for a two-person household but get some of that back at the end of the year because most won't be used :-)

What does a movie ticket for an adult cost?

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markkujantunen (74) · 5 years ago

That's for our house. The total heated area is about 200 m². And February is the second most expensive month of the year. In the summer, the heating costs are much smaller. I have no national stats at hand and average figures wouldn't be very useful anyway because people live in very different types of buildings and their living space varies a lot.

On average, the heating costs of our house are about €170 per month. Our winters are something else compare to Dutch winters.

A movie ticket for an adult costs about $12 or thereabouts.

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soyrosa (74) · 5 years ago

Yes - our winters are totally different. Also how stuff is priced is very different. I was in France once and because it was a cold week and we used their heating on electricity we paid like 100 euros for the week because they had 'high priced hours' or something crazy like that :-)

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mistakili (69) · 5 years ago

Hi Rosa, 10$ is 3600naira in Nigeria.

Maximizing 3600naira will get me these

1000 naira will give me fuel for generator for 4-6 hours

1000 for 1.5Gb of internet data

1000 for 1 plate of rice and 1 piece of beef or chicken lap

600 for transport to the resturant.

10$ cant last two days

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soyrosa (74) · 5 years ago

No, sounds like 10$ is not something you can buy a lot with in Nigeria! What's the mean income in your country? Is it hard to earn 10$?

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mistakili (69) · 5 years ago

Minimum wage just got increased from 54$ to 83$ per month, and its not even in effect yet.

It is damn hard.

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soyrosa (74) · 5 years ago

That sounds really hard indeed @mistakili :-/ It's awful if an economy gives you not enough money to survive for even 2 weeks of the month.

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wizzdom (68) · 5 years ago

Will try buy some portions of steem it will not falling forever, i know that here is a lot of idealogical people which don’t care about any falls, they not for spiculating here

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soyrosa (74) · 5 years ago

Buying some STEEM is awesome! :D

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2 votes

mralancyoutube (39) · 5 years ago

Hello Wizzdom, I am trying to reach you. I want to trade you whatever cards you want or pay USD for your Crypt Mancer.

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wizzdom (68) · 5 years ago

you can chat with me on partiko app

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niallon11 (68) · 5 years ago

I couldn't help myself. Spend €100 and bought another 1000 STEEM. I'm going to my mates for the weekend and even without paying for accommodation I will drop €300 just on going out partying with the crowd in dublin. The value on STEEM is great right now.

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soyrosa (74) · 5 years ago

YESSS! Congratz on another 300 Euro buy-in of Steem!

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enjar (69) · 5 years ago

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$10 a pop will get me some games when they go on sale. Mostly indie stuff as triple A games cost $59.99 at release. Which I would than create content on. I tend to buy stuff when it goes on sale or in bulk as my currency is video games and once I run out of those it’s game over for me.

Will I be buying Steem? Sadly no, I lack the disposable income to both be able to be a content creator and an investor. I did not enjoy being a curator when I was one so that is not a derisible outcome for me. So what little disposable income I have to spend goes into my gaming hobby. It’s one of the few remaining things left that keep me wanting to wake up in the morning that I have not fully cut out of my budget.

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soyrosa (74) · 5 years ago

If you're not a curator having STEEM(Power) is maybe not so interesting. It also gives you influence in voting for cool projects and maybe even games on Steem though :D Just teasing, I know we all have our own situations and money isn't always easy to come by, I know.

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phortun (74) · 5 years ago

Cool poll :)

10$? Well, almost 10 (decent quality Czech) tap beers in a pub :D If you know where to go :) They call us the beer nation for a reason :D

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soyrosa (74) · 5 years ago

10 Tap Beers?! I'm coming over!

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stackin (78) · 5 years ago (edited)

Everyone should become a minnow right now for $80 🤑 no excuses lol

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soyrosa (74) · 5 years ago

Hahaha - well, 'no excuse' is not true as 80$ is a lot of money for some people, but definitely, if it's possible every Plankton should buy themselves Minnow status :D

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elizacheng (73) · 5 years ago (edited)

USD10 is about MYR42. What we can buy with MYR42?
6 plates of an average mixed rice
2 set lunches at the cafe or restaurants (a main course and a drink/soup) near my office area
2 movie tickets
8 times of parking entry at the open car park near my office
4 times of parking entry in KL city centre

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soyrosa (74) · 5 years ago

You can buy a lot more! But the question always remains how easy it is to get that amount of money :-) Very interesting comments - thanks for sharing yours!

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willowwisp (62) · 5 years ago (edited)

I'm finding the number's you suggest we look at are interesting. On average from my beginning in March of this year, it looks like it takes 12 post for 100 steem. The number doesn't seem to have any meaning to me. What I need is balance and structure in my steem life, I haven't figured that out yet. I have some ideas on changing how I've been doing things.
I spent 10.00 a month on

hay and guinea pig litter.
3 weeks of food, clothing, healthcare, and schooling for one child in Tanzania

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soyrosa (74) · 5 years ago

Ahhh - 10$ can do so much in Tanzania. It's a great reminder that we can give away some of our money in places where it changes a life.

If you need help with your Steem Life always ask me @willowwisp! We can figure it out :-)

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