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Why Steemit Users Are SO LUCKY RIGHT NOW! (3 Main Reasons!) by brianphobos

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· @brianphobos ·
$23.48
Why Steemit Users Are SO LUCKY RIGHT NOW! (3 Main Reasons!)
<html>
<p><strong>No new users can get on, The "Difficulty" is LOW, and the Market is Imbalanced! (Explained)&nbsp;</strong></p>
<h2><strong>1) Right now no new users can get on so it is like being in a gated community which is almost like fishing in a barrel. &nbsp;Muahhahhahahahhah</strong></h2>
<p><img src="http://brianphobos.com/img/gated-steemit.jpg"/></p>
<p>It appears there are only about 3500 or so users with active accounts on this platform right now which is super low. &nbsp;Can you imagine how many people are wanting to get on this platform? &nbsp;There is starting to be articles about it all around the world because of the amount of money people have been making for blogging and posting. &nbsp;No other media platform matches these kinds of payouts right now! &nbsp;</p>
<p>When new users try to sign up right now they are presented with this screen to submit an e-mail. &nbsp;If you have an active account you are lucky! &nbsp;</p>
<p><img src="http://brianphobos.com/img/signup-closed.jpg"/></p>
<h2>2) The payouts are so high because essentially the difficulty is low. &nbsp;(The amount of users is low compared to the price of Steem) Let me explain. &nbsp;</h2>
<p><strong>So you may still be asking yourself how this platform is paying out so much. &nbsp;Some people are saying this is ridiculous and there is no way that people are making $10,000+ for a makeup post that got a couple hundred views. &nbsp;</strong></p>
<p>You might have even told yourself, <strong>"That post isn't worth that much."</strong> &nbsp;But the main reasons you are saying that is because you probably realize how hard it is to make money on other platforms through advertising or affiliate marketing.&nbsp;</p>
<p>I have been making money online since 2008 and it isn't easy to earn much even if you get millions of views. &nbsp;</p>
<p>Well I'm going to break this down from a slightly technical stand point and then also in laymen's terms. &nbsp;So if you have been involved in mining we see that the most profitable times to mine are when the prices of currencies spike upward really fast. &nbsp;Suddenly for the people who have mining equipment going at that time are already positioned to exploit a situation where the difficulty on the network is relatively low comparative to the price of the coins. &nbsp;These spreads don't usually last longer than about 6 months or so because the markets balance themselves out. &nbsp;People get excited about mining and jump into that but the prices of the coins are usually likely to correct themselves making it so the mining might not be profitable anymore. &nbsp;</p>
<p><strong>HOW DOES THIS RELATE TO </strong><a href="/trending/steem"><strong>#STEEM</strong></a><strong> AND </strong><a href="/trending/steemit"><strong>#STEEMIT</strong></a><strong>? &nbsp;</strong></p>
<p>Think of the <strong>"mining algorithm"</strong> being a proof of social interaction. &nbsp;Right now the "difficulty" is VERY low because there aren't that many people on this platform comparative to how high the price of <a href="/trending/steem">#Steem</a> has spiked. &nbsp;So it was like mining <a href="/trending/litecoin">#Litecoin</a> or <a href="/trending/doge">#Doge</a> in late 2013 or early 2014. &nbsp;There was a worldwide shortage of GPUs because the profitability was so ridiculous everyone was snagging them up. &nbsp;The prices on those coins eventually came back to Earth and re-balanced themselves at the same time the difficulty increased because so many miners were joining the network. &nbsp;</p>
<p>*Note* (I do understand there is a proof of work element every 20 blocks but we will get into that later.)&nbsp;</p>
<p><strong>LET ME EXPLAIN IN LAYMEN'S TERMS</strong></p>
<p>Imagine having a job where you had a <strong>"cool boss"</strong> who didn't make you do hardly anything all day but you still got paid really well for it. &nbsp;You knew the entire time that you had it made. &nbsp;</p>
<p><strong>But then one day your worst nightmare was realized. &nbsp;Your boss got promoted and now your new boss is a DICK!</strong></p>
<p><img src="https://img0.steemit.com/0x0/http://brianphobos.com/bill.jpg" width="300" height="250"/></p>
<p><strong>Now your wishing you could go back to your old boss. &nbsp;We are all in a very rare situation right now that we know about this platform and are able to take advantage of this rare opportunity. &nbsp;</strong></p>
<h2><strong>The market will likely re-balance itself overtime but for now this might be the "easiest" job you can ever imagine and none of us should throw this opportunity away!&nbsp;</strong></h2>
<h1><strong>3) Market imbalances that are harder to take advantage of outside of the Steemit internal system! &nbsp;</strong></h1>
<p>So the other day when the Poloniex market opened up for #Steem and #Steem dollars I was actually blown away because people were paying $1.25 - $1.35 for Steem Dollars when it as supposed to be pegged to the US Dollar. &nbsp;</p>
<p>Here are my trades and the proof! &nbsp;</p>
<p><img src="http://brianphobos.com/steemdollars.jpg"/></p>
<p>So I converted about $209 to $259. &nbsp;I wasn't complaining! &nbsp;I thought SWEET! &nbsp;I didn't understand why this was taking place at the time. &nbsp;So you have that situation going on but also if you are wanting to convert your&nbsp;Steem Dollars to Steem and then #powerup to Steem Power you can really do well on the internal market right now. &nbsp;</p>
<p>Imagine Paying $3 for something that is worth over $4! &nbsp;Yeah it is happening right now. &nbsp;Here is a trade I did where I paid under $3 for #Steem. &nbsp;</p>
<p><img src="http://brianphobos.com/img/market2.jpg"/></p>
<p>If you want a more detailed explanation of how to take advantage of this and why it is happening there was a great post done by @anonymint . &nbsp;If you want to check that out here is the link to that post. &nbsp;</p>
<p>https://steemit.com/steemit/@anonymint/get-33-more-steem-for-your-steem-dollars</p>
<h1>Summary</h1>
<h3>Eventually the gates will be opened back up and more users will be able to get on so the difficulty will go up. &nbsp;Market imbalances often correct themselves. &nbsp;I don't know when this will happen but for as long as this is going on I'm going crazy on here posting, upvoting, and commenting! &nbsp;And ultimately Powering UP! &nbsp;Design your own strategy but there is one thing for sure........&nbsp;</h3>
<h1>I'm one Lucky SOB and so are YOU!!!!! &nbsp;&nbsp;</h1>
<p>#steem #steemit #mining #bitcoin #markets #powerup #steempower #steemdollars</p>
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👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 53 others
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vote details (117)
@ann-hoy ·
Feeling grateful!!
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@asch ·
Wow! Good post brainphobos! You got my vote! And thanks for upvoting and your nice response on my post https://steemit.com/inflation/@asch/the-real-reason-why-steem-will-make-you-rich-is-the-low-velocity-of-steem
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@btcupload ·
I shared your post on my twitter feed @BTC_Upload hope to get some re-tweets! To help spread the word! Keep these post coming. Good reads!
👍  
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vote details (1)
@brianphobos ·
$0.06
@btcupload Thank you so much!  That means the world to me!
👍  
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@conda ·
Feels good to be a lucky sob for once!
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@brianphobos ·
That's the truth!
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@cryptogee ·
$0.04
This guy gets it :-)

*CG*
👍  , ,
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vote details (3)
@brianphobos ·
@crytogee Thanks a ton!  It means a lot to me!
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@daycrypter ·
Great post. I was thinking that this may have been going on. Was really good to see your analysis .
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@dev ·
Another insightful and helpful post by you. Thanks for sharing.
👍  
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vote details (1)
@brianphobos ·
@dev  Thank you I appreciate it.
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@dev ·
My pleasure
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@endaksi1 ·
Good stuff man, Youv'e definately motivated me to go on a posting spree :)
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@brianphobos ·
Thanks! I just put up a new post as well!  https://steemit.com/steem/@brianphobos/should-you-pimp-the-living-shit-out-of-your-post-or-just-post-more
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@fiver ·
I like your perspective of where we are now :) And I'm following you. If you make it big later, remember help me too @brianphobos :))
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@brianphobos ·
I'm thinking of forming an embryo Dolphin Pod of new people like us so we can work together to elevate.  When the flood gates are opened it will be even more of a feeding frenzy.
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@geronimo ·
good job with the trading. You saw the gap and you used it!
👍  
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@brianphobos ·
Thanks man!  And the gaps are still there!
👍  
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@izzy ·
So, if you feel you are so lucky, why not leep the steem dollars and wait for appreciation?
👍  ,
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vote details (2)
@james212 ·
$0.64
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vote details (10)
@brianphobos ·
$0.65
Thanks for reading!
👍  , , , ,
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vote details (5)
@rectusfemoris ·
Great post! Is a "trader's manual" in your future plans to help direct newbies and clarify the functionning of Steem?
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@jed78 ·
You nailed it, low difficulty is where we are right now, time to turn all the mining power you have on this and hang on, it's gonna be a wild ride!!
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@jills ·
Very nice explanation, got my upvote!
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@brianphobos ·
Thanks!
properties (22)
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@jupiter00000 ·
$0.04
http://i.makeagif.com/media/7-20-2016/s9AIOy.gif
👍  , ,
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vote details (3)
@brianphobos ·
Yeah BABY!
properties (22)
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@justbc ·
Very cool point about doing an arbitrage trade with SD. Is that still going? I will have to look into this. Thanks!
properties (22)
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@brianphobos ·
Yeah it is still going on.  $2.93 on the internal market and $3.75 externally it looks like.
properties (22)
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@mahekg ·
It's not good news to be honest, Steem currency depends upon new sign ups if you read the white paper.
properties (22)
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@brianphobos ·
I see what you are saying but in my opinion if this is gated for a few days while some bugs are ironed out I don't feel like it is a huge deal.  We are able to get our payouts and power up and then when the flood gates open we will be able to share the wealthy but upvoting the new set of users!
properties (22)
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@mammasitta ·
💜
👍  
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vote details (1)
@manofsteem ·
Awesome post!
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@brianphobos ·
Thanks!  I appreciate it.  I posted a new one.  https://steemit.com/steem/@brianphobos/should-you-pimp-the-living-shit-out-of-your-post-or-just-post-more
properties (22)
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@michaellamden68 · (edited)
I like your style, thanks for the post!!

https://upload.wikimedia.org/wikipedia/commons/thumb/0/07/Bravo_logo.svg/2000px-Bravo_logo.svg.png
👍  ,
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vote details (2)
@brianphobos ·
Thanks!  LOL
👍  
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vote details (1)
@moch-yusuf ·
you're the **real trader** @brianphobos ! Nice!
👍  
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vote details (1)
@brianphobos ·
@moch-yusuf  I'm just a young pup at the trading game compared to some of these cyborgs out there!
👍  
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vote details (1)
@moch-yusuf ·
but I like your post, man!
👍  
properties (23)
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@mranderson ·
"The too good to be True" alarms have gone off for me, but every time I look into this platform I get blown away further.  After converting STEEM into USD deposited into my account......that is enough proof for me.
properties (22)
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@brianphobos ·
I know the feeling.  I basically ended up pulling out $200 and put it in the bank but have decided that for the time being I'm just going hard on this platform and I'm going to just keep powering up.
properties (22)
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@mrzazaful ·
Great post. Mine might interest you.
https://steemit.com/money/@mrzazaful/mainstream-media-influence-in-steemit
properties (22)
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@oaldamster ·
Thanks for sharing your insights!
👍  
properties (23)
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vote details (1)
@ph111p ·
$0.03
Welcome to the VIP area :-)
👍  
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vote details (1)
@brianphobos ·
Oh yeah!  Feels good to be a gangster!  LOL
properties (22)
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@sbq777t ·
Give that man a Bell's!
👍  
properties (23)
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vote details (1)
@stellabelle ·
good post
properties (22)
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@steve-mcclair ·
We are lucky to be on Steemit right now not only because of the earning potential but also because we are the front of a new blogging revolution.
👍  
properties (23)
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vote details (1)
@brianphobos ·
Yeah it is a huge game changer!
properties (22)
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@travelista ·
Great post and analysis! Good job!
properties (22)
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@willbeonceagain8 ·
I agree we are indeed very lucky........ we are the chosen few. May we all bask in the sunshine that is steemit and long may it continue.  Great post , upvoted.
👍  
properties (23)
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vote details (1)
@brianphobos ·
It feels good to be a gangster!  LOL
properties (22)
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@wingz ·
Haha very nicely stated. A refreshing perspective on whays going on 'under the hood'
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