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RE: I just turned my account from a minnow into an Orca... What now?

in #newsteem5 years ago

Woah, 48 000 Steem powered up - that's massive!

When there's increasingly more people returning and powering up when seeing the turnaround that HF21 has had for behavior and economy, there's only so long the price can keep going down. Steemit is also stopping selling for a month which will lessen the liquid supply in the market. I don't actually think Steemit selling their stake as a bad thing, because it improves distribution of stake long-term, but for the short term, perhaps halting power down can have a stabilizing effect on the price which will recover confidence. The price already seems to be stabilizing around 15-16 cents.

I have taken the advantage of super cheap Steem, too, and have powered up more than 3k in a short period of time. This would've been unfathomable when I was starting. I'm also noticing a nice increase with manual curation on my posts, which is nice :)

Great to have you back!

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It's absolutely absurd to think how cheap 3k steem is right now and if one believes in steem and its product, its an absolute steal... I used to think buying for 1 dollar/steem was cheap lol. :)

Good to see the positive energy flowing through the steem blockchain right now, hopefully, I can contribute!

I'm sure you will be able to do bunch of good with your stake. Btw, remember to claim free accounts in steemworld.org.

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