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RE: The Steemit Newbie's Comprehensive Guide To Understanding Your Wallet by @merej99

in #steemit-help8 years ago (edited)

You should add a reference price on the price of steem in this previous last weeks down to 30% in almost a month (.45 > .15 today)... And add that prediction into the 104 week "payouts" that will never catch up (actually the devaluate faster every day) with those "interests".
It's a downard spiral, and every dev knows this (that is why you are forced to take STEEM now and not SBD, every second devaluating counts).

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I have to admit that the maths, predictions, devaluations...those are still way out of my wheelhouse. I'm not entirely sure why so much STEEM is created but it doesn't really bother me because I came in with absolutely nothing. I know it sounds kind of "goody-two-shoes" but even when many of my posts didn't make a cent, I never feel like my time is wasted. It would be very disappointing if Steemit disappeared but I can honestly say I've made more here than on FB, Snapchat, Twitter, Hubpages, Bubbles, Tsu...

I know I'm still naive about a lot of things on Steemit, but I still consider it an investment - even if it's in harvesting wonderful people.

You're the perfect citizen for Greece 2015.

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