Just stop using this these services for the moment, or at least stop stop until you have read until the end of this article.
With the price of steem plummeting to about $1.1 STEEM/USD in the last few days many have been feeling distressed.
I was talking to @aggroed earlier on and he gave me some wisdom...
"Steem price is lower... reward pool is lower... forget the price. It should not be the focus. Keep going and build strong relationships. We will probably see better days in August".
And it makes sense, STEEM/USD is in the penumbra of BITCOIN/USD and in August there will be a Bitcoin hard fork. And we are all on the edge of our seats waiting to see what happens.
Many of us will focussed on upvotes and earning and that drives us to buy upvotes from RANDOWHALE, BOOSTER, and WORLDCLASSPLAYER, and alike... Now I am not say they are doing anything wrong or doing anything unethical. They are still providing an awesome service. But please understand that the steem prices is halved, and reward pool is halved,and with more of us desperately trying to get a steem dollar here and there, their resources are limited.
I saw a post my WORLDCLASSPLAYER that is open and honest and fullof integrity in saying that things are difficult at present and he can only offer his service at lower returns.
RANDOWHALE and BOOSTER will also be under the stress of more demand and less resources.
So I am not saying don't use them, nor am I saying they are negative in anyway... Just check what they are able to return before. Some of them like booster and always finding more better and more creative ways to get us better returns. But always check first and understand the environment right now.
And use
https://steemdb.com/@"PLACE YOUR USERNAME HERE/blocks
To check their voting power for that moment. There is nothing more frustrating than to doing this blindly and getting a lower return. Especially now when it counts...
Hope this will help you through this rough month up ahead. Remember, steem on, crete great connections, stay positive. It is us who ride the storm out that will see the rainbows that are coming.
Oh sorry I meant this rainbow...
Stay positive, stay safe, and steem on ;)
I am Proud member and supporter of the minnow support project - brought to you by @aggroed, @ausbitbank, @teamsteem, and @canadian-coconut.
Regards
Yoda
Agreed! Its all about to change once again in August. STEEM will be on its way up shortly. If you can buy Steem now is the time to increase your SP while its still cheap! I think I may get a couple hundred more this weekend! Full Steem Ahead All$!!
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You are not wrong there. :)
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Rational and exceptional advice. I have seen lower returns from @booster, @worldclassplayer and @randowhale. There is also @discordia, which I like.
Still, it is a Boost that helps getting some recognition and serve as a vehicle to engage and build relationships.
Personally, I am convinced that the price will recover. Polynex playing games does not help. Perhaps it is a way to determine true motivation here on Steemit, weeding out the quick cash-in peeps...
I am all for making a living on Steemit - but it is a long term investment. Whoever sticks around, building a value-follow-ship - financial reward will come in time.
Thanks y'all, incl. @aggroed, @ausbitbank to whom I am very grateful!, @teamsteem and @canadian-coconut.
PS:// Nice rainbow picture(s), btw! 🌈
ch @globocop
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Awesome comment. It will go up. I wish to be a glowing example of freedom and help anyone that can let go of the chains to join all of us here.
May I ask for a resteem. It is so hard to get anything out there at present :)
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Happily resteemed - it's easy to forget. Thanks for the reminder and feedback @yoda1917
ch @globocop
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Thank you :)
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de nada Yoda! :D
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Very cool! Masterfully written. Warning accepted, slow down on the MinnowBooster and make sure it's going to have a good ROI. This is a bad month for Steemit but I think next month will be a good one! What can I say, I'm a positive guy. Followed you Yoda!
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Thank you.
Any chance I can get you to resteem this for me? It is very hard to get views at present
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Sure.. Don't forget me when you are famous though!
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I will resteem too. I hope it counts for anything. I'm new here and look up to insights like what you just offered. I want to be rich as steemit grows 😉. Followed you!
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Any time bro. CHeck out my other articles and ask a question if you need I will be there to answer and help you :)
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Thanks for explanation. I am very disappointed with the current situation. Nobody reads me, nobody upvotes. I started to think that something wrong about me.
Resteemed.
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I think there is so much energy put on initiatives that it seems like there are very few whales who sift through content. The ones that do are usually interested in crypto currency posts or posts that are sure to bring in curation rewards...
I don't see much benefit in the growing number of initatives to help minnows. They help minnows pull more than nothing but they make it very hard to do better than a $5 payout and do NOTHING to encourage quality.....the only way to benefit more than a few pennies is to spend your time promoting these initiatives because then you get the whale behinds them supporting you. So essentially you only get power by giving more power to those who already have power. Maybe some kind of capitalsts thing this is a healthy thing....I don't see that at all, it looks like trickle down economics.
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There is a lot of sense in what you say and it is a reflection in the financial situation of the society.
And yes, the support is what it is. I reaps me a dollar here and there. But the intention is encouraging to minnows if nothing else. And while I still participate in these initiatives I also spend a lot of time working on initiatives of my own.
I love your response. Thank you :)
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It's strange that I've somehow managed to escape an extreme level of influence from that financial situation. I think it's mostly because of some of the amazing people I've met which rubbed of on me. I try to focus on being a similar existence to others. Hmmm Stay in touch friend.
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... just tagging you too, cuz my reply was directed to both you and @yoda1917 :)
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I think @aggroed said it quite well: "Keep going and build strong relationships". Create high quality content. Make connections by adding relevant comments to other people's posts (how'd I find my way here again?!), and don't focus so much on the money. Many of us were here doing our thing, earning more than facebook or twitter has ever paid, even with STEEM at 10 cents. For me, it just means an even lower "tax basis" for my "long-term investment" in the platform! ;)
You really didn't mention whaleshares and its related initiatives (Whaleshare Discord Chat Invite), which also seek to help people better connect with one another. Plus, there are also many chances to win some WHALESHARE tokens for free, which, if used wisely on your best posts, can give your post a nudge that may bring it to the "hot list" and gain more traction.
However, if you try to "boost" poor quality content, you're wasting your time, money, and reputation using any voting "service", and the self-regulating aspect of it will be that you'll find yourself on a pricey "fast-track" to low reputation and few followers.
Finally, I also highly recommend reading this recent post by @luzcypher, which offers a unique and interesting perspective on STEEMIT as a "gift economy"...
Link: The Most Valuable Steemit Post Begins In Your Head - Tips To Mazimize Your Social Currency On Steemit.
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Nice post! :)
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Thanks :) May I ask for a resteem? It is slower than usual...
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Thank you Yoda, I was going to try this. But now I will wait a while. I am going to look at all your work. You are very helpful.
I resteemed, so others can get the same help ;)
Love Ariel
xxx
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Wow... what a thank you. You are most welcome.
May the STEEM be with you?
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Upvoting for the rainbow thing joke :)
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Hahahahaha... Thanks
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lmao I like your humor.
Awesome post with great advice and backing data too.
So dont worry about buying votes for while.
I'm just going to keep buying steem while its on "sale"
~Just tell yourself its a sale.
~Just repeat it yourself and all will be fine.
" Steem is on sale"
yes thats good....
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Thank you.. and yes make the most of every situation.
May I ask for a resteem so more minnows can have a better experience roughing out the month to come :)
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Already got you @yoda1917
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Thanks for your comment. May I ask for a resteem so this can reach more minnows before they blindly part with what little steem they have?
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Thanks again for the great info, rough times ahead indeed, but steem on! All the best
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Gotta be in it to win it ;)
May I ask for a resteem so more people can see this :)
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how does resteem work? lol
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The little curve arrow next to reply. It will show my post to all the people following you
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Good article, but ill take the first rainbow.
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LOl. I'll take what's on the other side of THAT rainbow ;)
Hey May I ask for a resteem so I can get this message out to more minnows :)
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This minnow already read it:) Great post @yoda1917!
I would only hope we could all get a little more long-term perspective on consequences of price variation. Prices of crypto-currencies are highly volatile, we all know this. There has never been one coin or asset with 1 single strait line right up. There'll be ups and downs, but probably in the long term it'll all be up.
In the meantime it will swing. Does that really matter?
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So true, at the moment everyone seems to feel the vote power pressure and reduction in the reward pool. HF19 lessened our ability to vote in quantity (10 from 40) without draining our personal vote power, now the drop in crypto market and steem has lessened our ability to vote with monetary power. Even myself as a new member dropped from 7 cents to 3 cents at full power.
Small bump in the road if you are going the distance. It will all work itself out in time.
I am a supporter of @aggroed, he posts lots of good forward-thinking information for the long-term health of the Steemit community. He is one of my witness votes.
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He is the people's champion yes... And this pain is just paving the way for those of us who persist to be an example for freedom in the days to come.
May I ask for a resteem as it is very hard to get anything out there atm :)
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Blood in the streets. Time to buy.
In our case, time to KEEP STEEMING.
There are lots of names who aren't posting anything right now while they cry in their beer.
DON'T STOP STEEMING.
MINE MINE MINE those Steem!
Keep it up folks, if this is your first time being part of a real market crash, don't worry about it.
If you are leveraged to your destruction, I hope you've learned something.
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Those of us who stay strong will be the group that leads many to freedom from centralisation. Steem on
And may I ask for a resteem? It is very hard to get many views at present :)
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done
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Congratulations! This post has been upvoted from the communal account, @minnowsupport, by yoda1917 from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.
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Thanks for the post. Great to see that that you are looking out. I haven't partaken in the Whales yet and I am not sure if it really is worth it.
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Maybe not right now...
May I ask for a resteem? It is really tough to get important messages out there at the moment.
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Is wait to see what happens, several times I was almost giving up from here, but I will remain positive, things are bad for a while, will improve.
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Yes... @yoda1917 you are right this month is starting from june is really bad... very low SBD even SP and always there is deduction...
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Yes it is. Follow me and check out my other work
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I will do that... you have interesting and curiosity blog.... let me read the others...
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Thank for this info.
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You are most welcome. May I ask you to resteem this as more minnows need to see this :)
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A lovely and awaken article Yonda,as a matter of fact I dont even fancy the act of buying upvotes its more like cutting corners to desperately get results.Steemit should let their work speak for them,a diligent,resourceful and consistent article with patience will eventually pay off.The bearish momemtum in the crypto world is temporal,the bulls should start gearing up.After the storm comes a calm.
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Good way of thinking...
May I ask for a resteem? It is so hard to get stuff out there at the moment :)
Thank you in advance :)
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Thanks @yoda1917 . Rewards pool is so low that rewards are harder to come by. Plus Steem is low so I've invested my SBD for buying as much Steem as I could. I know there will be profit soon
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You are doing the right thing bro....
May I ask for a resteem. It is hard even to get bored at the moment even though my following is much larger. Really tough ATM
May I ask for a
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Resteeming. I hope it helps.
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Thank you, every bit helps... the steemit winter is cruel :)
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@yoda1917
You are right. We all need to concentrate on what is important. And that is creating and posting interesting content.
If we all try to do that. The money part will take care of itself.
Thank you for reminding us.
Francis
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Most welcome :)
May I ask for a favour of a resteem? It is dead quiet with less people looking at articles and MAYBE more time upvoting their own comments with the reward pool so low. There will be less sharing. But let's get this message out there :)
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@yoda1917
Will do.
Thank you
Francis
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Thank you
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Lets work and earn together in steemit. I have a master plan. We will make a group of 100+ steemit user and and mutually follow and vote for each other. We will share the link of our posts everyday for vote of others.
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Sure. How are you going to do this. Here is no messaging system
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We can copy and share the link in WhatsApp group I have tested and it works. Join the group +919863011234
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That is really cool. What is that number? How do I use it?
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Well said man. Hang in there.
My Motto "keep on keepin on", not mine really but I use it. ^^
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Yup, gotta be in it to win it...
Hey may I ask for a resteem? It is way to quiet out there with the current situation:)
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Easy money is self-defeating. Steem is designed with many self-regulating algorithms, and ant time someone figures out how to exploit some particular feature of the reward mechanisms, that mechanism's available funds will become drained. It's a feature, not a bug.
I'd like for other people to quit stressing the reward pool, but mostly because it would leave more rewards for me.
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You make a very good point. Thanks for sharing, and I appreciate your sense of humor haha
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Cool perspectives shared here @yoda1917. Upvoted, followed and Resteemed
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after reading your post i now better understand the current situation.
resteemed and upvoted
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Good points Yoda, your few points helped me put a few things together in my head to better understand how steemit works. I also agree relationships are the most important aspect. Cheers!
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It is really nice of you to share and draw our attention to this issue. It is true these systems are there to help the community especially the minnows but just as you said, finding out whether it will be helpful in a time like this where rewards are is also very helpful .
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Hello Yoda,I already upvoted and resteemed earlier,take care
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You forgot Whaleshares, first I have heard of worldclassplayer.
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Tell me more. I heard about that, but never learned what it actually is.
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you think that poloniex freezing steem wallets contributes to keeping the price lower? in the long run it'll still grow a lot. I used @randowhale today (before reading this post) and got an upvote that til this moment it was worth more than 3usd, probably will give return of more than 2sbd... let's see.
anyways
thanks for the advice
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You are most welcome :)
May I ask for a resteem as this post has gone dead quiet. Much appreciated :)
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Great work -> great post!
Upvote & follow You!
All right, I'll try it. Thanks :)
@deazydee
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youre post awesome
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Thank you. Check out my latest post I just finished. Resteem for me if you like it, it would be a huge help :)
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