VLOG 27: I may sell all my Bitcoins for Steem Power

in trevonjb •  8 years ago 

My current state of thought with Bitcoin and its price. I believe it is actually overpriced right now

Alot of you may disagree but that's fine. That's what the comment section below is for :)

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Crazy I was watching this as I uploaded and then you started talking about me lol

keep strong Trevon :)

The Red Planet is close

earn money blogging in www.adsense.com :D

@craig-grant,

I too watched your video. We must have been on the same wavelength today. I wrote and posted the article Everlasting STEEM Power; Why you should Power Up! that talks about the compound interest rate and the potential of STEEM Power.

I just powered up again today!

Steem on,
Mike

Bitcoin is going to go to $10k - $50k when the ETFs go live this fall. That said, I have divested BTC and invested in SP because I believe STEEM is headed to a market cap of hundreds of billions - which would mean $1000+ STEEM. Place your bets...

that's all?

;)

BTW if your looking for a drone and need help finding or have any questions I'm your guy :-)

yes, drone pilot for sure

After the NSA hack, and the Bitfinex hack, it's looking dire for Bitcoin. The problem is the reputation of Bitcoin the brand is in the toilet. As a technologist (not a Bitcoiner or Bitcoin maximalist), I will gravitate to whichever technology offers the most utility to mainstream users.

Bitcoin isn't even really private, nor can it scale, and if I wanted a digital cash I would choose Dash over Bitcoin. The price of Dash is what? Yet Dash offers so much more utility than Bitcoin for the exact same use cases.

instant confirmations

You're a good guy. Bad idea

bro just keep that BTC! U already have it man why sell it all? keep SOMETHING lol but to each his own brotha

nice post and cool

Diversify. Don't put all your baskets in one egg.

Just let us know how selling your bitcoin goes, maybe you'll learn something you didn't realize it something else, good luck.

@trevonjb, I posted an article this morning that could change your "may" to "will" once you see the compound interest rate on STEEM Power. My post is at:
Everlasting STEEM Power; Why you should Power Up!

I just converted a bit more of BTC to STEEM Power.

Steem on,
Mike

I agree that you can't divide a penny. You will not be able to simply divide a penny up, then take it to a bank, and have them deposit the small sliver of copper into your account.

How ever, there is a lot of room to virtually split a bitcoin or Steemit. There is a massive amount of currency on the market and cryptocurrency is barely just scratching the surface in order to compete with it.

http://www.marketwatch.com/story/this-is-how-much-money-exists-in-the-entire-world-in-one-chart-2015-12-18

nice chart

Thank you Craig