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Why I Bought 250k Steem During The Dip & Just Getting Started by dhenz

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· @dhenz ·
$303.16
Why I Bought 250k Steem During The Dip & Just Getting Started
***"Skate to where the puck is going."***

Centralized social media and data storage was cute. It had a good run and served a valuable purpose, and for that, I give credit where credit is due. It just didn't work out; this was a stepping stone, not a foundation.

Our data, is well, ours. Facebook/YouTube etc. are just illusions of content ownership. These giant companies pimp our data out to the highest bidder leaving the content producers like milked cows. The biggest threats these business impose is censorship via shadow bans or outright banning. 

Parasites, big centralized corporations feed off of users and prey on their privacy. Even though this is going on, I knew deep down the average user does not care and wanted only wanted a good user experience, decentralized or not. 

Insert upvotes that pay the content creators. Steem has the magic sauce; the ability to pay your favorite content creator without actually having to pay out of your own pocket is a paradigm shift. 

Big businesses become too top heavy and implode. Let's look at Blockbuster, a former fortune 500 company which was one the safest, highest returning stocks in history, once upon a time. A little thing came along called the internet, and well a neat idea at the time, *"probably wasn't worth Blockbuster selling all of their stores and firing all their employees, because this would be a disaster for their stock price," - thought their advisers.* 

Blockbuster chose to ignore Netflix and double down on marketing and smear campaigns vs. internet businesses, which worked well because most people called internet businesses Ponzi schemes back then.

It wasn't that blockbuster didn't see the internet train coming; it just couldn't move off the tracks fast enough. The thing about this big centralized business is they have so much overhead; they merely implode once a better technology that undercuts their business model. The internet made it faster, cheaper and more convenient to rent and buy movies, blockbuster couldn't compete, good game. 

The blockchain is just a better version of the internet, fast cheaper and more reliable. Utility Tokens are looked at as mostly Ponzi schemes in this day and age, *"and it probably isn't worth Facebook to fire most of its employees and cannibalize itself into a decentralized business model."* ;) 

The biggest competitor for Steemit I see would be Reddit, but with Reddit Gold pulling in over one million in revenue last year, they have yet to show signs of wanting to decentralize. At this point even if they did want to decentralize, the **Steem blockchain** & **SMT's** coming up would be a far **better option to buidl on.**

Steem already has a huge hardcore incentivized community. The Steem Witnesses I talk to all believe in this movement so much. When a villain got control over my account, @GuiltyParties went the extra mile to get my account back. (Vote for GuiltyParties as Witness) Several others were eager to help me as well. This place turns into something much more than just a content creation platform; people have each other's backs here. 

*In case you didn't notice,* **pretty much every centralized social media platform is ramping censorship up.** The slope is slippery, and the divide is great. The ability to channel information that supports specific agendas is dangerous to our world and thrives in the current environment. **Information** should be **open source**, and everyone should have an **equal opportunity** at the **truth**. The tipping point is near, and content creators have been pushed into a corner, and they are starting to jump on the **Steem Train.** 

Right now some have issues with this or that on this platform, but as far as I am concerned it's the Steem Train, or your ass is walking. Putting trust, all one's eggs into the centralized vulture nest is not ideal; anytime they can take your voice away. 

I am just skating to where the puck is going. Steemit provides a safe haven for all content creators who fear of being banned. I never had to do anything fancy to get where I am, sometimes in life, the answers we're looking for are in plain sight. 

**Steem is a clear *"Yes!"* as an answer for me, and it's not hard to see where this amazing platform will be heading.**

![thumb172.png](https://ipfs.busy.org/ipfs/QmQW4hJjY6JCS6KrUJuRsZfeb9JPso6EVGCVydyHTwTm2n)
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 936 others
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vote details (1000)
@acesontop ·
$0.16
>The blockchain is just a better version of the internet, fast cheaper and more reliable.

That's one of the best descriptions of the blockchain that I've read by now. Regarding your decision to buy 250,000 Steem I can only say it's huge for me and it's definitely a sign of faith in the platform, faith in yourself as a blogger and active user on Steemit and faith in Steem, the token, as a financial investment. Plus, I can't even imagine how much is worth one upvote of yours, but the ones getting it will definitely thank you. As a personal opinion regarding your investment, which I will say again that for me is huge even at the current price, I will definitely use that Steem Power to manual curate rather than delegating to bid bots. I don't hate them, but I am not a fan either. I grew my account better without them than when I used them and probably that's why I am biased towards not using them. 
Funny thing that just yesterday I was scrolling through the witness list and wondered to whom should I give my next vote as I still have 21 left and now I know. @guiltyparties will get it. You don't find people eager to help that much nowadays. 
Keep up with the good work!
πŸ‘  
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@dhenz ·
Thanks for the insight, and grats on your journey so far! Guiltyparties is a very good witness, nice choice!
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@aggroed ·
$0.14
Stoked to have you here.  Steem is going places and it’s easier to get rich off of that now when it’s low than when people figure out just how much we have going on here.
πŸ‘  ,
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vote details (2)
@dhenz ·
I bought some last year at 4$ thinking it was a steal! I'm grabbing Steem with both hands during this dip.
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@heyimsnuffles ·
Keep loading up here...Steem or something else will win, it’s a no brainer.
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@yaanivapeji ·
$0.14
smart choice. wish I had the fiat to do this too. But for now,  I still try to leverage by posting consistently πŸ˜„.
πŸ‘  
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vote details (1)
@ali14 ·
good to see people positive
πŸ‘  , ,
πŸ‘Ž  ,
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vote details (5)
@onealfa ·
$0.71
Flagged for comment spamming  >>>  @steemflagrewards
πŸ‘  , , , , ,
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vote details (6)
@steemflagrewards ·
Steem Flag Rewards mention comment has been approved! Thank you for reporting this abuse, @onealfa categorized as comment spam. This post was submitted via our Discord Community channel. Check us out on the following link!
[SFR Discord](https://discord.gg/aXmdXRs) 
### Want to delegate to Steem Blockchain Moderation? Here are some handy links! 
 [50 SP](https://steemconnect.com/sign/delegateVestingShares?delegator=&delegatee=steemflagrewards&vesting_shares=50%20SP),[100 SP](https://steemconnect.com/sign/delegateVestingShares?delegator=&delegatee=steemflagrewards&vesting_shares=100%20SP),[500 SP](https://steemconnect.com/sign/delegateVestingShares?delegator=&delegatee=steemflagrewards&vesting_shares=500%20SP),[1000 SP](https://steemconnect.com/sign/delegateVestingShares?delegator=&delegatee=steemflagrewards&vesting_shares=1000%20SP)
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@amahovac93 ·
$0.23
Steemit already has so much registred people its above a Million right now so the community is very strong (250k active users).
When Steemit becomes like Facebook what do you think will happen with the price of Steem?
In my opinion your choice was wise, and you will certainly not regret it Dan :)
πŸ‘  ,
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vote details (2)
@dhenz ·
The consistent growth of Steemit is a nice sign for sure.
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@k0wsk1 ·
250k active users? I think it’s a lot less than that right now. However, your point still stands, it’s a worthy investment in my opinion as well :)
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@amahovac93 ·
$0.03
This was posted 2018.02.26
![](https://cdn.steemitimages.com/DQmZZyGCi9dDz8TM8iNmB2L43uWrbc3Gwbo7Z6Fa57Msamn/image.png)
πŸ‘  
πŸ‘Ž  
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vote details (2)
@ritxi ·
Price might rise with the interest for sure. So great idea Dan, that you invested nowadays when STEEM is below a dollar!
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@amahovac93 ·
$0.03
This might be the last time we see Steem below a dollar.
πŸ‘  
πŸ‘Ž  
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vote details (2)
@sinkfish ·
probably another few years.
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@black-horse ·
> Steem is a clear "Yes!" as an answer for me, and it's not hard to see where this amazing platform will be heading.

Wow! A very remarkable conclusion to declare a place that is most comfortable to invest. Steemit is amazing!
πŸ‘  
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vote details (1)
@cflclosers ·
I'm with you on this. I bought what I could but I'm all in on steem.  The only problem I see here is flagging. That makes steem a little more centralized than most people think.  But, when we can solve that it will be the perfect platform.
properties (22)
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@chekohler ·
$0.14
Totally agree with you it may not seem like the site is making that much of an impact at the moment because of he price and the other teething problems but steem is still finding its feet and I have to say the community is one of the most helpful and bullish I’ve ever encountered! I’m really enjoying the platform and I would even say it’s my favourite I’ve given up using traditional social media and I’m not looking back! It’s great to see people like you making such big commitments to the platform and I’m sure with witnesses and content creators we all contribute in our own ways to the growth and success of the platform which to me is very exciting 

Posted using [Partiko iOS](https://itunes.apple.com/us/app/partiko/id1401033260?mt=8)
πŸ‘  
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vote details (1)
@dhenz ·
Ya I feel the same, we're all going to the same moon!
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@chronocrypto ·
Why not delegate a portion to @chronoboost to earn some passive income as well.  Contact me on discord name chronocrypto if you are interested.
πŸ‘  ,
properties (23)
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vote details (2)
@cognitionis ·
How much future will Steem have, if Dan Larimer is building a 'Steem 2.0' version on EOS? You would think that that it would trump the original Steem?
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@dhenz ·
No. EOS is a general purpose blockchain. and Steem is a App specific blockchain. Steem will beat out EOS in anything requiring PoB, IMO.
properties (22)
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@cosmiccrimes ·
$0.14
Thank you for your major contribution to support this platform.
πŸ‘  
properties (23)
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vote details (1)
@crypto-econom1st ·
You surely got balls 😬

I really wonder who your favorite content creators are? I would say those are lucky bastards 😁
properties (22)
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@dhenz ·
I have some favorites in terms of my go-to content, but my favorite content is actually in the "introduceyourself" tag. I like to see new people telling their stories.
properties (22)
authordhenz
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@crypto-econom1st · (edited)
I like the idea of newcomers getting a really good first upvote. Although it could provide a wrong view from Steemit and how much they can earn on Steemit.

Do you believe that you can upvote posts/comments without being your own money? If so, who pays for it then?
properties (22)
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@crypto3em3 ·
damn thats insane!
properties (22)
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@crypto3em3 ·
good luck bro
properties (22)
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@culgin ·
$0.16
That is strong faith you are putting on to Steem my friend! I agree it is probably one of the best time accumulate right now but 250k is absolutely in another league. I hope we all succeed on this awesome platform. Steem on!
πŸ‘  
properties (23)
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vote details (1)
@cyberblock ·
$0.15
Thats a lot of steem man!
πŸ‘  
properties (23)
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@daltono ·
$0.28
Boss Status. 
You Naren a crucial move & it is going to pay of fun. 
Props πŸ‘
πŸ‘  
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@dhenz ·
Let the chips fall where they may ;)
properties (22)
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@dandesign86 ·
$0.19
Awesome post ! I think one of the greatest asset if you invest is to know the history of economics and how fast things can change. As you bring up with blockbusters, it was one of those companies that seemed too big to fail, and before you know it they are left behind in the dust.

 Technology develops at an amazing pace, and it just keeps getting faster, so underestimating decentralized blockchain technology will be devastating to a lot of companies.

In my eyes, having discovered this platform at such an early stage, is like being handed the best possible poker hand you can get, and all the other projects being launched on here are like river cards making your hand even stronger. 

It’s hard not to go all in when presented with opportunity of a life time!
πŸ‘  ,
properties (23)
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vote details (2)
@dhenz ·
Some people are dealt aces and some people are dealt 72o. It's not so much what you're dealt but how you play your hand. Although it's never bad to be hodling aces ;)
πŸ‘  
properties (23)
authordhenz
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@franciferrer ·
that saying is based on bluffing. i dont want to lie to get to where i need to go. , besides life isnt a pokergame.
properties (22)
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@ritxi ·
I agree, but is this still the early stage of this platform?
πŸ‘  
properties (23)
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vote details (1)
@dandesign86 ·
Well considering only around 5 K are using it daily I definitely think so
properties (22)
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@dannytroniz ·
I totally agree. Blockchain is the future.  And steemit has shown us a little bit of what good can come from it.  I just hope the new initiatives soon to be on steemit handles problems like spaming and plagiarism. Most authors work are plagiarized here. There are original contents here too,  and that gives me motivation to make quality contents.
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@direwolf · (edited)
$0.16
I loved this quote.

> The thing about this big centralized business is they have so much overhead; they merely implode once a better technology that undercuts their business model.
---

So I assume are you're looking to become a whale (500K Steem) when you said you just got started? 

I'm really glad you joined Steemit. Not only have you invested a lot but you bring a lot of knowledge about the crypto world and I like your enthusiasm and insights.

----
p.s.

...and you're a dragonball fan 😁😁

...voted for @guiltyparties just now
πŸ‘  
properties (23)
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vote details (1)
@dhenz ·
I have no target to the amount I will get, I just know I will be spending more focus here.
πŸ‘  
properties (23)
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vote details (1)
@dnic ·
$0.14
Our data being ours is exactly what attracted me to this platform, I just wish I had heard about it sooner.  I apparently wasn't reading the right things. I can't think of a better currency to invest in than one based on the value created by the users content.

I don't think Reddit has a chance long term and I think you are spot on about both Reddit and Facebook becoming the next Blockbuster some day.  
πŸ‘  
properties (23)
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vote details (1)
@dhenz ·
I too wish I found out sooner but no better time than the present. :)
properties (22)
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@donkeypong · (edited)
$0.16
Thanks for a nice post and it's great that you have the same faith many of us do in the future of Steem. Lots of potential here. We're just getting started!
πŸ‘  
properties (23)
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vote details (1)
@dhenz ·
Only two years in for the Steem blockchain and so much has already been developed, exciting times.
properties (22)
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@donnadavisart ·
Wow, good on you. They do say 'buy the dip' :)
properties (22)
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@drakos ·
$0.13
The old paradigms are fading, the tides are shifting, the archaic generations are slipping, the new paradigms are coming. The revolution is now, we are part of it, with cryptos and decentralization. What P2P brought to files sharing, cryptos are bringing to world economies. Steem is part of this revolution, it will be a matter of a few years before it's truly recognized for its massive potential. Those who are still tied to the old ways will miss the train and bite their fingers later.
πŸ‘  
properties (23)
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vote details (1)
@dhenz ·
Very well said.
properties (22)
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@dunstuff ·
lol. tfw this post makes more than my entire steemit career :P
(365 posts|1,278 comments) in 1 year

gotten to the point i dont see the point any more tbh.
dont have the money to invest, and dont get noticed if u dont use the promotion bots

hope your adventure is awesome.
pony out
*rides off into the sunset* ( which ironically is what my usual content is )
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@encryptdcouple ·
Glad to see you on here bro. You have inspired us to stop uploading our videos to Youtube also.
properties (22)
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@exyle ·
$1.13
I have been on the Steem train for a little over 2 years now. 

In that time period I have seen this blockchain transform from a small website Steemit.com to a complete social media platform (Dapps).

It's been one of the most amazing things I ever been part of and to have seen it all unfold from the start has been cool as hell.

Steem also changed my own life in that same time period giving me the opportunity to give up my own IT business and gain more freedom.

Right now, the future for Steem is clear with easy signups, SMT's and communities.

I am 100% convinced that at some point this train will leave the station at lightning speed and then it's just a question wether you are on board or not.

You sure are.

Nice article!
πŸ‘  , , , , , , , , , , , ,
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vote details (13)
@dhenz ·
Cheers, here's to the next 2 years!
πŸ‘  
properties (23)
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vote details (1)
@future24 ·
Yes so true, Steemit is really awesome and many things are in developement, this will be huge!
properties (22)
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@hekang ·
<a href="https://nexusbot.io/">NexusBot.io</a> - Best Crypto Trading Bot
<br />
- Bittrex<br />
- Poloniex
- Bitfinex<br />
- 50+ exchanges

Welcome to <a href="https://nexusbot.io/">NexusBot.io</a>
properties (22)
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@photocircle ·
I joined Steemit at its best time *(awesome days)*, now even at this low point I stayed because I do believe in its potential. Your 2 years of tenacity inspired me to keep going for steemit. Cheers😊🍻
properties (22)
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@programmingvalue ·
$0.09
Agreed, very bullish on the future of Steem, only crypto seeing consistent, valuable usage
πŸ‘  ,
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vote details (2)
@ritxi ·
I got your point, but...when you are not a whale or a dolphin, does it count also, to be on board? If you just write and don't invest or having some whale as a friend?
properties (22)
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@dhenz · (edited)
$0.71
I enjoyed the process when people called me a minnow. I enjoyed the process when people called me a dolphin. I enjoy the process when people call me a whale. At the end of the day, I am happy regardless, and the only thing I really listen to is when they call me Dan. ;) @ritxi Create content because you want to express yourself and the rest will fall into place.
πŸ‘  , , , , , , , , , , , , , , ,
properties (23)
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vote details (16)
@sinkfish ·
seeing something you like grow from scratch is always soothing.
properties (22)
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@spectrumecons ·
I love your great positive attitude. We need more of this especially during the tough times.
properties (22)
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@stackin ·
$0.06
Agreed! :)
πŸ‘  ,
properties (23)
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vote details (2)
@feelsomoon ·
$0.16
If I could afford 250k steems I may just be able to live off of it. I see its potential just like you and I'll see how far i can get into this platform.
πŸ‘  ,
properties (23)
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vote details (2)
@finnian · (edited)
$0.16
Thanks for the well written post! 

This place has a pretty steep learning curve, but it is well worth it to avoid centralized censorship, content filtering, and shadow banning.  I recently authored a post to help onboard new users too, and I manually go through introduceyourself "new" and "trending" posts to welcome promising people to the blockchain.

There's no way to be sure what will happen in the future, but I know for a fact that decentralized social media will play a large role.  Without it the truth will be kept hidden, and our individual liberties will continue to be attacked.  Places like this are part of an active defense, and I'm proud to be among so many friends in the same fight for individual liberty!

P.S.  I see your post's bottom image as a broken link.  Please check it?
πŸ‘  
properties (23)
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vote details (1)
@dhenz ·
I believe money, exchanges and social media are the first up to go decentralized - the rest that benefits from decentralizing will follow soon after. Not sure how to fix the picture it shows up when I look, :/
properties (22)
authordhenz
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@finnian ·
It is working for me now.  :)
properties (22)
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@frankbacon ·
$0.14
Highly rEsteemed!

![Bacon Steems.png](https://cdn.steemitimages.com/DQmf1mDYfheHQj4WvHXU7HLUmgYAVboaMoyzCUHfgYhL6uu/Bacon%20Steems.png)
πŸ‘  
properties (23)
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vote details (1)
@future24 ·
$0.16
Very smart and Im excited about your articles in the future!

- followed for sure & upvoted
πŸ‘  
properties (23)
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vote details (1)
@gametestplay ·
No one comments or talks to each other on the legacy platforms because there is no incentive to do so.  There's a deterrent because if you say something wrong you can get your account removed so it just stagnates.
properties (22)
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@dhenz ·
Incentives make the world go around. If we can align incentives as a community, the sky is the limit.
properties (22)
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@georgexie ·
powerful argument
properties (22)
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@giantbear ·
$0.16
What a great post! You bought just at the right time.  I wish I had money to invest on this platform! Good luck to you...
πŸ‘  
properties (23)
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vote details (1)
@dhenz ·
Thanks!
properties (22)
authordhenz
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@gnimeets ·
Doe's it not worry you that @steemit has been selling a huge amount of Steem over the last few months and even today through the @alpha account? I have only come back to steemit thinking it is back to a decent market price but if the dev's are selling almost 40% of there stake why should we have faith?
πŸ‘  
properties (23)
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vote details (1)
@dhenz · (edited)
That is the beautiful thing about the Steem blockchain, if Steemit stopped upgrading their website I would just switch to busy or another API. If they sold all of their stake the price would dip, recover and move on. The platform is open source and isn't reliant on anyone but the community.
properties (22)
authordhenz
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@gnimeets ·
SMT's are entirely reliant on the people who are selling the shares. That would worry me personally but maybe there is more too it.
properties (22)
authorgnimeets
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@goldrooster ·
$0.18
250K I call "All henz on deck"
πŸ‘  , , ,
properties (23)
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vote details (4)
@grintsch ·
$0.14
This is smart, but also bold. I suppose Steem is one of the best bets you can make when it comes to a new crypto rally. After all, it is actually providing value already. I just wonder whether it will make the cut in its current shape, with a lot of shitty content and continuing centralization of Steem. 

However, it needs people like you who lead the wave. I've also been buying Steem, but not at that scale ;-)

Did you buy all at once or smaller tranches? On which exchange? Was it "difficult" to buy that much?

Posted using [Partiko Android](https://play.google.com/store/apps/details?id=io.partiko.android)
πŸ‘  
properties (23)
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vote details (1)
@dhenz ·
Took me about two weeks to buy from exchanges.
properties (22)
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@guiltyparties ·
$0.28
Thanks for the shoutout buddy, didn't even see that.
πŸ‘  
properties (23)
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vote details (1)
@dhenz ·
My pleasure bud.
properties (22)
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@gungadin ·
Thanks for taking the time to write your story. Interesting times ahead, I too have moved off Your Tube and looking at Dtube to re-start my channel. Thanks for the inspiration.
properties (22)
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@hendrix22 ·
$0.14
That’s sick dude!!!! 250k and stacki!!
πŸ‘  
properties (23)
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vote details (1)
@heyimsnuffles ·
$0.14
Yes my friend you are 100% accurate, Steemit has an opportunity that is literally being handed to them on a silver platter. A chance to combine youtube, facebook, instagram, twitter, twitch, medium, cnn, etc. EVERYTHING. I am on board and I started from the bottom. Let's see where we go.

This is bottom of the third in the crypto game, strap on the seatbelts.
πŸ‘  
properties (23)
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vote details (1)
@dhenz ·
Batter up!
properties (22)
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@hitmeasap ·
$0.14
If you'd ever consider to delegate some Steem Power, in a selfless attempt to grow the entire platform from its roots, feel free to delegate to the @asapers project. We care about user retention and growth, and we strive to inspire and motivate our newcomers. We want them to **stay** active.

However, this is not about me "fishing" for delegations, but I figured I could just throw it out there while I'm at it... And frankly speaking, to interact with a large stakeholder first-hand, and also have the opportunity to actually get the message out there, is worth a lot. Especially as *most* of the stakeholders I've ever tried to contact have been giving me the "middle-finger" more or less.

Unfortunately, us "little guys" doesn't have much to say here, and I figured you'd be able to recognize more of them/us, due to the fact that you've been in the same situation too. 

This place reeks of *"inner circle"*-type of things, so it'll be fun to see where you're heading. I wish you great success!
πŸ‘  ,
properties (23)
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vote details (2)
@dhenz ·
Awesome thing you are doing, I will give the project a look, thanks for reaching out!
properties (22)
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@httr4life ·
$0.14
The idea of decentralized social media is still new to me but intrigues/peaks my interest at the same time. Certainly done with Facebook/others wondering if block-chain can stand the test of time. Great article! πŸ‘
πŸ‘  
properties (23)
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vote details (1)
@iamstan ·
$0.17
Hello Dan,
I want to first thank you for believing in steem. I agree with you that it is the best that the WWW has to offer at this point. 

There are a few things I would like to ask you. 

One is how do you think we can overcome the giant stake controlled by @freedom and the multiple accounts owned by steemit inc?

I cant seem to find one person who has an answer to this question. It seems to me that until that account and steemit inc stake are diversified the platform is centralized in a big way.

Pretty much @freedom controls who the top 20 witnesses are. I think a better system would not allow the same 20 to be in constant power?

 Second question how do you feel about plagiarism, spam, phishing, and other types of abuse on steemit platforms?

If you do care would you join us @steemflagrewards to help clean up the the garbage on the seas of steemit.  https://discord.gg/Rd2pjBM
πŸ‘  , ,
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vote details (3)
@itstime ·
>  When a villain got control over my account, @GuiltyParties went the extra mile to get my account back.

Have you posted details about this somewhere?

congrats on your milestone !!
properties (22)
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@dhenz ·
Yes read a little down my blog to read "I Was Hacked" to get the scoop.
πŸ‘  
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vote details (1)
@itstime ·
Wow..that was a journey

Memo field was the root cause ?
properties (22)
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@jeezzle ·
$0.16
Fantastic. Glad to have you on board brother. I agree this train will eventually hit the moon and anybody not on it will be left behind. I only wish I had more to put in.
πŸ‘  
properties (23)
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vote details (1)
@jkramer ·
If i had the Money, i would do the same!
properties (22)
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@joe55555 ·
$0.16
Great article, i totally agree. Now is the time to accumulate as much as you can and the haters will be sorry in the future.
πŸ‘  
properties (23)
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vote details (1)
@journeyoflife ·
$0.21
I think we are just getting started and there is a lot more to come. I have been here for a year and im beyond thankful to have an income for my little family. I am trying to save steem as much as i can to see a big rise coming. patience is the key to success
πŸ‘  ,
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vote details (2)
@dhenz ·
Patience, enjoying the process and not being attached to an outcome. :)
properties (22)
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@programmingvalue ·
$0.09
I see you have a lot of steem, why not convert to steem power?
πŸ‘  ,
properties (23)
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vote details (2)
@journeyoflife ·
Because I’m saving it for my house purchase this end of year
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@joythewanderer · (edited)
$0.14
Nice write up, Steem is amazing, with its dapp eco-system nowadays. 
Everyone can find something they are interested in and participate, how amazing it is!

Keep good content coming!
Greetings from Brussels!
πŸ‘  
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vote details (1)
@dhenz ·
Yup, very amazing indeed.
properties (22)
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@k0d3g3ar ·
I believe the key here will be d. Tube  and for it to be a viable  YouTube  alternative.   The dtube  android TV app goes a long way towards that now. 

Posted using [Partiko Android](https://play.google.com/store/apps/details?id=io.partiko.android)
πŸ‘  
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vote details (1)
@kenmelendez ·
$0.16
Very well said @dhenz. I completely agree with your point of view. Steem has been a godsend for me and has honestly altered the direction of my life. Steem is just too good to be spending time anywhere else. 

So far I’ve been able to travel to Vegas for the Steem Creators Conference, and am going to be attending the next one in Toronto next month. I tell people about Steem but a lot of them keep on using the other platforms that continue to sell their data and don’t pay them for their content.

I applaud you on scooping up so much Steem while the price is down. Thanks for the quality post and see you around πŸ‘‹πŸ»

-Ken

Posted using [Partiko iOS](https://itunes.apple.com/us/app/partiko/id1401033260?mt=8)
πŸ‘  
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vote details (1)
@dhenz ·
It is very cool hearing all the opportunities Steem has unlocked for people, cheers!
πŸ‘  
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vote details (1)
@kevinwong ·
$0.16
I've been mindblown by Steem myself well over 2 years now. There's still much to be done though. Welcome onboard @dhenz! Glad to have you here.
πŸ‘  
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vote details (1)
@dhenz ·
$0.22
Wow, you're a Steemit OG. Ty for the warm welcome!
πŸ‘  
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vote details (1)
@kevinwong · (edited)
Pleasure @dhenz, it's definitely been a journey. I've just started running as witness and I'm only focused on both Steem and Tau as part of my personal investment thesis. Like in every sense. Please do check out my recent posts and ask me anything. Sorry for the shameless plug lol, but my stuff does take a bit of time to dig into as I'm just hyperfocused on fundamentals. Maybe we'll find a greater way to relate in this game.
properties (22)
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@kid4life ·
$0.13
> ability to pay your favorite content creator without actually having to pay out of your own pocket is a paradigm shift

![11dfa88cf0194f13497cb7fb13af3b12.gif](https://cdn.steemitimages.com/DQmcGKwzSKbxaU43qZGeTiax7KYJ3eJ9JEt31xphpvFU6yz/11dfa88cf0194f13497cb7fb13af3b12.gif)

Gave your witness my last vote, good luck:=)

Im sure your investment will pay off big time in the near future @dhenz
πŸ‘  
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vote details (1)
@klumsyk ·
You can pay content creators a huderth of a penny YAY freedom. Unless of course you want to buy into the system. Where whales vote themselves up and rape the payouts which continually dilute the value of STEEM currency, while they tell you to "work hard" as they claim 10 times what you get in a month for a post about themselves making a tuna sandwich.
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@dhenz ·
That is decentralization. If we tell people who or what they can do with their steem, then it becomes less appealing. I believe if you create enough value, regardless if you have steem or not, you can grow a loyal following. If you got into YouTube 7 years ago and was consistent, chances are you amassed an amazing following. But for some people, Steemit is a place where they can't have their account banned, and their content can be stored for however long the Steem blockchains lives. It's not perfect, but things will get better overtime.
properties (22)
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@kp138 ·
$0.19
I think this could pay off huge for you! "Skate to where the puck is going." one of my favorite quotes from Gretzky. Keep on Steeming on.
πŸ‘  ,
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vote details (2)
@dhenz ·
The all seeing Saturn eye as a profile pic? ;)
properties (22)
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@kryptik ·
$0.16
Good read man. Usually I feel like this sort of topic is a big circle jerk but yours seems refreshing. 

This doesn’t feel like the same song and dance I’ve seen for two years. 

You’ve earned a follower.
πŸ‘  
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vote details (1)
@langford ·
$0.23
reading this article just increased my hope and faith in steem
πŸ‘  ,
properties (23)
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vote details (2)
@lifenow ·
I wish i had enough to buy 10k steem damn
πŸ‘  
properties (23)
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@dhenz ·
It is all relative. Enjoy the process and it doesn't matter how much you have.
properties (22)
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@longming ·
$0.08
I also think like that.
invest in steem and expect STEEM prices to soar. and I can sell it for wedding expenses.Lol
πŸ‘  
properties (23)
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vote details (1)
@lordneroo ·
$0.14
Motivational as hell! Steemit is addictive and decentralization is the future! Cheers!
πŸ‘  
properties (23)
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vote details (1)
@mantishands ·
$0.60
Yes across the board!
πŸ‘  , ,
properties (23)
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vote details (3)
@markkujantunen ·
<blockquote>
Insert upvotes that pay the content creators. Steem has the magic sauce; the ability to pay your favorite content creator without actually having to pay out of your own pocket is a paradigm shift.
</blockquote>

That very thing is unsustainable in the long run. Ultimately, someone's got to foot the bill by paying for STEEM with fiat or goods or services. Someone needs to redeem the tokens for them to have value. This is Economics 101. One must get some kind of value in return for buying STEEM. Earning more STEEM does not pass muster. And with mass adoption, only a very small minority of users can be earners on Steem. 

For STEEM to have sustainable, non-speculative value, there have to be compelling reasons to buy it. Services generating value one can buy with STEEM must exist. Those paid services need to be such that they are particularly well-suited for decentralization.
properties (22)
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@markvance ·
$0.27
Wow, you are all in! Onwards and upwards!
πŸ‘  , , ,
properties (23)
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vote details (4)
@mattwick ·
$0.16
Great to see you back at it, one of my favorite YouTubers when you were active. My only concern with STEEM is with its learning curve and focus on back-end progress over front-end I fear it may face some serious competition in the future from EOS, Dan already said he is planning on launching a Steemit 2.0 on EOS. Time will tell, regardless it's nice to see you active again dude, keep posting.
πŸ‘  
properties (23)
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vote details (1)
@dynamicrypto ·
Dan will take how long to launch that? is EOS even a thing yet or still an idea? I tried to login and cannot.  Tried to mine it and told not if in U.S. or Canada sorry... Steemit has nothing to worry about in EOS, Microsoft with Azure and many other cryptos are already doing what EOS wants to do.  Steemit as an investment over platform is still far ahead of EOS and as for the platform HF20 is within 30 days and SMT's within 6 months ! we should se good gains for those powering up in this dip!
πŸ‘  
properties (23)
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vote details (1)
@mattwick ·
You make some great points, this has had a lot of steem it enthusiasts scared. Honestly Ethereum is the only smart contract platform I find compelling with niche right now.
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@melip ·
Excellent move buddy.
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@milano1113 · (edited)
$0.16
>the ability to pay your favorite content creator without actually having to pay out of your own pocket is a paradigm shift.

That’s s true and that’s one of the reasons people got here in first place. Of course, there are exceptions who say β€œthey are not here for money, they are here for the same reason as being in Facewhat”, in other words just to chat. For me, it’s the huge motivation for getting rewarded. It’s true that in what I do as my business, I can earn it within few minutes if not seconds. However, it’s also true that this feeling about my comment being rewarded in any way is what motivates me, is what gives mi assurance of steemit as the platform of the future. I’m definitely here to stay. 
_BTW: I just voted for @guiltyparties_
πŸ‘  
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@dhenz ·
Not only do you give but when you give on Steem via upvote you get money in return. Such a great setup. - Nice, Guiltyparties is a great witness, good choice!
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@mindtrap · (edited)
$0.16
In my opinion and since I have so much faith to the potential of Steemit / Steem it was the right call on the right time. Steem needs time to mature , to grow and according to **THE** guy here..._**we are not the early adopters**_ BUT the _**lunatics.**_ Early adopters will follow after us...

https://youtu.be/D7-hYWcsve8
πŸ‘  
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@dhenz ·
We are the ones crazy enough to think we can change the world ;)
πŸ‘  
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@mohamedboujdi ·
Lucky invesstment
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@mountainjewel ·
$0.16
> This place turns into something much more than just a content creation platform; people have each other's backs here.

this is the crux for me! it's more than a social media network... it's a community. i'm really (literally) impressed by your actions and investment. wow! thank you. i don't have any free fiat otherwise i'd buy in some based on what i could spare, but i fully approve!! thanks!
πŸ‘  
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@mrosenquist ·
$0.14
Well stated!  The mind-shift of users is coming and it will change the balance of social media.  Steemit is in an early position for success.
πŸ‘  
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@mrprecious ·
$0.16
Steem is the future , hodl on wise decisions we just getting started man . Best believe that .
πŸ‘  ,
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@myartlll ·
steemit is great in content blockchain
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@mysearchisover ·
$0.04
Wow! Very impressive! I had to look at your wallet just to verify. Even after that I still had to look for the transfers which were in fact there. lol Hopefully you can help lead this platform forward and help make yourself and others of us rich.
πŸ‘  
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@neddykelly ·
$0.16
Hey @dhenz wow full on about your account being hacked hey good job to the witness getting it back for you. I just came across your page from Twitter as a few steemit mates had liked you up. Did you have 250k steem when you got hacked
πŸ‘  
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@dhenz ·
I lost 11k steem in the hack, was in the middle of my DCA (dollar cost avg) and ended up getting made and buying a bunch more :)
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@sharpshot ·
Have a look at 10:20 here https://d.tube/v/dhenz/hst6ifyd
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@niallon11 ·
$0.18
I think your right about that. The world has gone far too pc at this stage with people afraid to speak the truth for fear of the cosequences. I can only laugh as the main social media sited get tighter and tiger on what you are allowed to do and say. Do they not realise that this is what will ultimately destroy them? 

People hate to be controlled and in this day and age when information is so freely available it is much harder to keep them quiet. If people are unhappy with a service they won't be slow to find a better option. As the gap between rich and poor increases why wouldn't you spend your time on the sites where you can get a return rather than letting a handful of people billions.

In my eyes this can only go one way as people see more and more behind the bullshit of the big corporations and politicians. They more they say no, the more we say yes.

Posted using [Partiko Android](https://play.google.com/store/apps/details?id=io.partiko.android)
πŸ‘  , ,
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vote details (3)
@dhenz ·
Some people die a thousand deaths while still breathing. The very essence of decentralization is to give free and equal opportunity to all, and for everyone to have a voice. Nothing is perfect but we have a great starting point. And sometimes it is go through hard times so we can all learn what works and doesn't work and grow stronger from the knowledge gained.
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@niallon11 ·
$0.19
We are in the right place at the moment anyway. The amount of development that I have seen from a small community in the past few months is nothing short of amazing. There are so many brilliant minds on the site working towards a common goal and I expect many more to join us here.

People are sick of being lied to and robbed by the 1 per cent. Decentralisation gives people a chance to take back the power and to have a better opportunity in life. Of course it's not perfect, there is no such thing as perfect but I think it's a damn sight better than the alternative that's out there. The next few years should be very interesting to watch and see if it can gain proper momentum.

Momentum is hugely important in any aspect of life as one it gets going it takes on a life of its own. That's why there is so much bad press being spread at the moment to stop any momentum from beginning and gather up people and money from the old system. Once people start moving in numbers nothing will stop the tide.

Posted using [Partiko Android](https://play.google.com/store/apps/details?id=io.partiko.android)
πŸ‘  , , ,
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vote details (4)
@niel96 ·
Very interesting article. There is one thing i don't agree with: "The blockchain is just a better version of the internet, fast cheaper and more reliable." Blockchain is not really better it serves a different purpose. Internet is good for exchanging information while blockchain is safer for exchanging value. Right now steemit uses both. The steemit platform is actually just a normal website but the transactions go by blockchain.
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@dhenz ·
Blockchains like Steem/EOS make what would be slow, and costly, IE transferring value or money across the world instantly and free. To me, that is way better than paypal or any of the centralized internet business that exist today.
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@ontheverge ·
so it was you who single-handedly pumped the price to 1$ today ? :) 
πŸ‘  
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vote details (1)
@dhenz ·
I can't take credit for that, I bought over the past few weeks.
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@practicalthought ·
$0.15
Nice. I am taking the longer more scenic broke route but hope to one day be there with you. It amazes me how few really see what is possible here. It makes me smile to see when most are panicking you are snatching up the coins they cash at bargain prices. Shame this can't be stickied so everyone can see not everyone is panicking and all down on the chain or this front end.
πŸ‘  ,
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vote details (2)
@primal-buddhist ·
If i had money i'd invest; it's just going to bounce back up..
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@programmingvalue ·
$0.09
250k in Steem? That's insane man, nice
πŸ‘  
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vote details (1)
@punchline ·
$0.13
I hope more people show the guts you have and follow suit. Not sure what you are looking to do with your monster stake but if you like to laugh, I do a daily post called "What's so funny?" that highlights 10 - 15 short form humor posts. They are all hand curated so if you are looking to support original content, check it out. If that isn't your thing, that is cool. Just happy to have another active person with a significant stake encouraging people.
πŸ‘  
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vote details (1)
@dhenz ·
$0.25
Thanks, I will check out your blog.
πŸ‘  
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vote details (1)
@punchline ·
That is very cool of you. If you can, check out the posts I list there. Many of those people are the ones who really need to be encouraged. I was renting SP and using it to encourage them, but the guy I was leasing from got out of the delegation business. I do have a trail that follows me that has some decent SP, but the main one, @steemwizards, is also losing the delegation in a few weeks (temporarily I hope). 

Anyway it was very cool of you to respond. I don't like to be "that guy" and bother people in their comments. But you seem to really want to support people here so I hoped you'd be cool about it. And you were!

Thanks man.
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@ritxi ·
Great! Decentralized social media are the future, I guess.
Heh funny - skating to where the puck is going. πŸ˜ƒ 
But I think more will come (meaning YouTubers and content creators..). Let's keep an eye on Reddit also, we will see...
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@rival ·
$0.16
welcome.. this is a massive way to enter our great platform
πŸ‘  
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vote details (1)
@dhenz ·
Thanks!
πŸ‘  
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@salimbur ·
I agree absolute with youπŸ‘
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@sayemsonai ·
Wow! Amazing to hear that. Great points you make and thank you.
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@semtroneum ·
$0.16
Lol. read till the very end. Very inspiring post. Definitly worth a upvote and a follow! Will too have your back :)!
πŸ‘  
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vote details (1)
@shareables ·
Greetings @dhenz! We are seeking excellent content creators to be part of our resteem circle and enjoy __free resteems__ from us!

> Resteems are free and should be free! Learn [how to get free resteems from shareables](https://steemit.com/steemit/@shareables/join-the-community-and-get-resteemed-or-we-made-some-changes )!

[__Shareables__](https://steemit.com/@shareables) - We resteem anything we find shareable. Always strive for quality content. Go on express and harness your blogging potential!

God bless from us @Shareables!
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@sharpshot ·
This is a good antidote after watching Jerry Banfield spreading fud about steem yesterday.  I think you have good timing and he (not for the first time) has got it badly wrong.  

It's interesting to see how some people lose it when the market is down, while others keep calm and prepare for the next bull run.  I know what I would rather do.
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@solcross ·
$0.16
Someday, that will turn out to be a terrific decision. Nice to see a big time believer. 
πŸ‘  ,
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vote details (2)
@dhenz ·
$0.05
I believe so as well, but if it isn't, it was a terrific decision now, because being alive now and able to type this reply is the only thing that matters. Cheers.
πŸ‘  ,
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@solcross ·
Indeed. I like the way you think. Need some of your positive energy around me. Regards
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@spectrumecons ·
$0.13
Very bold investment move @dhenz. I certainly admire your courage. The price right now is pretty good, I think the odds are in your favour with your decision.

Steem has massive potential. It's figuring how to develop that. Another thing is marketing. There is no point having great potential if nobody knows about it. I hope you can use your new found influence to ramp up the marketing of Steem for all its benefits and not just the draw for earning rewards from writing posts.
πŸ‘  
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@dhenz ·
I have some ideas to use my SP to get awareness for Steem. And I agree, I think the prices are a steal right now.
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@photocircle ·
With your SP, you can confidently invite creatives, app developers, or even influencers to join steemit. Regardless of what your plans are, im looking forward to it😊
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@stackin ·
$0.18
I'm confident in Steem... I just need to STACK some more!
πŸ‘  ,
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vote details (2)
@kenmelendez ·
Stacking is what you do bro πŸ’ͺ🏻

Posted using [Partiko iOS](https://itunes.apple.com/us/app/partiko/id1401033260?mt=8)
πŸ‘  
properties (23)
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@stackin ·
πŸ’―
properties (22)
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@steemek ·
$0.04
That's big investment...
πŸ‘  ,
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vote details (2)
@dhenz ·
Go big or go home!
properties (22)
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@steemitboard ·
Congratulations @dhenz! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/comments.png)](http://steemitboard.com/@dhenz) Award for the number of comments

<sub>_Click on the badge to view your Board of Honor._</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!
properties (22)
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@stokjockey ·
$0.32
I just had to Follow you today @dhenz after you putting your wallet into Steem I want to follow Winners that are committed to Steem..
πŸ‘  
properties (23)
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vote details (1)
@taskmaster4450 ·
This [blockchain](https://leofinance.io/@leoglossary/blockchain) is evolving and buying the [coin](https://leofinance.io/@leoglossary/leoglossary-coins) is intelligent.  Even though the [price](https://leofinance.io/@leoglossary/leoglossary-price) is down, the [return](https://leofinance.io/@leoglossary/leoglossary-return-on-investment-roi) is up.

It is a great way to dive deep into [cryptocurrency](https://leofinance.io/@leoglossary/cryptocurrency).

* [What is Hive](https://leofinance.io/@leoglossary/leoglossary-what-is-hive)
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@timcliff ·
$0.94
Hi. I do an interview series called "Interview a Steem Stakeholder" to help inform the community about the views of the largest Steem stakeholders. I think that as a new large stakeholder coming in with purchased stake - you will offer a very unique perspective :) Would you be interested in doing an interview?
πŸ‘  , , ,
properties (23)
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vote details (4)
@dhenz ·
Thanks for reaching out Tim. Sure, an interview sounds great. Reach out on Steem.chat or discord, same username "dhenz"
πŸ‘  
properties (23)
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vote details (1)
@timcliff ·
Couldn't find you on discord searching for `dhenz`, but I reached out on steem.chat :)
properties (22)
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@tntdabomb ·
More importantly, I want to know how on earth does anyone have that much extra money laying around to invest over 200k? #unrelatable #goal #imbroke #steemitisawesome
πŸ‘  
properties (23)
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vote details (1)
@dhenz ·
Last year I was eating out of tuna cans, and then I had the right mindset at the right time and was extremely lucky. I went all in on crypto, picked some coins that more than 100x'd and here I am today. It's not about relating to at anyone else's life, it is about enjoying the process unattached to an outcome. I have the same mindset and same quality of life I had when I had 25 bucks in my bank account. Cheers.
πŸ‘  
properties (23)
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vote details (1)
@tntdabomb ·
$0.14
Cool. I didn't know that. All respect over here, bro!
I'm actually in the same circumstance rn and I'm planning to go all in on crypto as well. Wish me luck
πŸ‘  
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vote details (1)
@tts ·
To listen to the audio version of this article click on the play image.
[![](https://s18.postimg.org/51o0kpijd/play200x46.png)](http://ec2-52-72-169-104.compute-1.amazonaws.com/dhenz__why-i-bought-250k-steem-during-the-dip-and-just-getting-started.mp3)
Brought to you by [@tts](https://steemit.com/tts/@tts/introduction). If you find it useful please consider upvoting this reply.
properties (22)
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@vgc5000 ·
I like what you’re saying except block chain is generally not cheaper or faster or more affordable
properties (22)
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@dhenz ·
If you are talking about blockchain 1.0 and 2.0 aka Bitcoin/Ethereum. The Steem blockchain is basically instant, and free, can't beat that!
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@viraldrome ·
250K steem, you are set for life
properties (22)
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@wizardave ·
$0.28
With all the interest in attracting investors, someone should be interviewing you. @TimCliff has a movement coming right up to attract people like you. You could probably give him some good ideas...
πŸ‘  
properties (23)
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vote details (1)
@dhenz ·
$0.17
I appreciate you looking out. @themarkymark and I did an interview but really it turned into us just having a good conversation. I am open to helping the platform and spread the good word anyway I can.
πŸ‘  
properties (23)
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vote details (1)
@themarkymark ·
$0.14
I will have it put together for a post shortly. Was interesting.
πŸ‘  
properties (23)
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vote details (1)
@yaanivapeji ·
$0.16
I totally agree with you @dhenz,  I really feel a sense of freedom posting something on steemit than when I post something on facebook. The truth will always find it's way out,  no matter how anyone tries to hide it.
πŸ‘  
properties (23)
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@dhenz ·
And those that hide it can't hide themselves, everything comes to the surface.
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@haikubot ·
$0.14
<em>And those that hide it 
Can't hide themselves, everything 
Comes to the surface. 
</em>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>- dhenz</sup>

---
<sup><sup><em>I'm a bot. I detect haiku.</em></sup></sup>
πŸ‘  
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@yaanivapeji ·
very true.
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@yahialababidi ·
$0.23
Hello, Dan @dhenz

I'm an Egyptian poet/thinker & sitting up straight/paying attention after having discovered your Dtube channel.  Thanks, for the helpful, accessible breakdown of why Block chain is the future.  

Following you and look forward to learning more.  If you'd care to learn more about my work on Steemit and beyond, here's a short profile:

[Interview with @Yahialababidi: Master of Aphorisms!](https://steemit.com/creativity/@thenewalchemists/interview-with-yahialababidi-master-of-aphorisms)

 https://steemitimages.com/DQmUkWQGXfpKXytokKoyBFEZfoknV81J5hL8PMSW3zLD5fL/yahiala.png
πŸ‘  
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@yehey ·
$0.16
I think you made a good investment long term and the right to buy.

Well done and keep steeming.
πŸ‘  
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