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RE: Why I must now Power Down Steem

in #steem6 years ago

SMTs could have been a savior but it might arrive too late. If it arrives summer 2019 how many of us will have accounts on Steem by then? It's a long time.

Also if Steem is going to be at 10cents or 5cents until summer 2019 how many of us can afford to float above water? If you are a whale account or if you were fortunate enough to power down prior to all this then you'll be fine. Otherwise if you're a very small account, or a dolphin like mine, then you'll see major trouble when your account gets to values of $5000 or less.

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I hope there's a good time for you to buy back in. I haven't put money I need into cryptocurrency, so we're in different positions. I'll buy now because the same people that were saying Bitcoin wont go below 6K are now saying it will go to 1k. I think they'll be wrong again but I know its risky.

I didn't put money into crypto. The Steem is earned from blogging.

You have earned quite much from blogging then.

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That's a good achievement. You should be making more from such a lot of work. I wonder if adds in old posts is a good idea? I don't like the adds in Facebook but I'm sure steemit could do it more tastefully

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