Viewing a response to: @musing-threads/a9976gync
<a href="https://musing.io/q/unlemvduble/pkmku677x"><b>View this question on Musing.io</b></a>
| author | unlemvduble |
|---|---|
| permlink | pkmku677x |
| category | musing-threads |
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| created | 2018-10-07 13:22:06 |
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<a href="https://musing.io/q/unlemvduble/pkmku677x">View this answer on Musing.io</a><br />
| author | cryptoandcoffee |
|---|---|
| permlink | f3qkh677x |
| category | musing-threads |
| json_metadata | "{"app":"Musing","appTags":["Steem","economy","life","family"],"appCategory":"Steem","appBody":"<p>It depends on a number of scenarios.</p>\n<p>Where you live and the cost of living. If you lived in a poor country and needed $500 per month to live then yes it is possible. Living in Europe it could help subsidize your income but wouldn't support a family.</p>\n<p>If Steem reaches $10 or $20 per coin a vote would be worth a lot more so if you are earning $100 per week now I should imagine you could turn that into $500 per week if not more. </p>\n<p>The problem lies in the volatility of the coin so one or two months you are doing fine but when it drops you will have far less. The bear market has gone from January until October so far this year so it has been reduced earnings for most users for nearly 10 months.</p>\n<p>I can see the scenario in the future for early adopters of Steem to make a good monthly income and supporting a family is not unrealistic.</p>\n<p><br></p>","appDepth":2,"appParentPermlink":"pkmku677x","appParentAuthor":"unlemvduble","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
| created | 2018-10-07 13:34:51 |
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<a href="https://musing.io/q/unlemvduble/pkmku677x">View this answer on Musing.io</a><br />
| author | futuremind |
|---|---|
| permlink | f3sesr875 |
| category | musing-threads |
| json_metadata | "{"app":"Musing","appTags":["Steem","economy","life","family"],"appCategory":"Steem","appBody":"<p>If your question is do I think it's possible to look \"after\" family with earnings from the Steem blockchain, my answer is no, not right now anyways. </p>\n<p>The money I make on the Steem blockchain is not substantial to support my family, but if the value increase enough in the future, it very well could be. The value would need to increase drastically, and I will need to be earning more than I am now. </p>","appDepth":2,"appParentPermlink":"pkmku677x","appParentAuthor":"unlemvduble","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
| created | 2018-10-08 07:16:39 |
| last_update | 2018-10-08 07:16:39 |
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<p>Depends mostly on where you live but it is not at all impossible. I do discourage everyone however to not solely rely on earnings from Steem as the prices are nowhere near stable and fluctuates too much.</p><p>I am from the Philippines where one could buy a simple affordable meal worth only $2-$3 that is enough to feed me, my wife and my child. Assuming the price of Steem is at $1 and I earn at least 5 liquid Steem a day, then food expenses is already covered. </p><p>The surprising thing though is that the average salary for common people in the philippines is only around $10-$15 per day. If I earn 20 liquid Steem per day here me and my family can at least live comfortably. </p><p>The problem however is the price of Steem in the market. When I first joined here, it was at $8 which now have dropped to $0.9. What's stopping it to go far more below right? And we don't gamble our families future for something not stable.</p><p>So yeah going back, it mostly depends where you live at but it is not at all impossible. :)</p>
| author | jlordc |
|---|---|
| permlink | fke746hh5 |
| category | musing-threads |
| json_metadata | "{"app":"Musing","appTags":["Steem","economy","life","family"],"appCategory":"Steem","appBody":"<p>Depends mostly on where you live but it is not at all impossible. I do discourage everyone however to not solely rely on earnings from Steem as the prices are nowhere near stable and fluctuates too much.</p><p>I am from the Philippines where one could buy a simple affordable meal worth only $2-$3 that is enough to feed me, my wife and my child. Assuming the price of Steem is at $1 and I earn at least 5 liquid Steem a day, then food expenses is already covered. </p><p>The surprising thing though is that the average salary for common people in the philippines is only around $10-$15 per day. If I earn 20 liquid Steem per day here me and my family can at least live comfortably. </p><p>The problem however is the price of Steem in the market. When I first joined here, it was at $8 which now have dropped to $0.9. What's stopping it to go far more below right? And we don't gamble our families future for something not stable.</p><p>So yeah going back, it mostly depends where you live at but it is not at all impossible. :)</p>","appDepth":2,"appParentPermlink":"pkmku677x","appParentAuthor":"unlemvduble","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
| created | 2018-10-07 13:50:45 |
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<p>I guess what you are trying to ask is that can someone take care of their family with their earnings from the steemit platform,well yeah it is really possible,there are some users on the steem platform that earns up to 1000 steem and above monthly and that is worth up to 1000$ which can be used to take care of the family moderately.</p>
| author | maloudada |
|---|---|
| permlink | fkjeh6hh5 |
| category | musing-threads |
| json_metadata | "{"app":"Musing","appTags":["Steem","economy","life","family"],"appCategory":"Steem","appBody":"<p>I guess what you are trying to ask is that can someone take care of their family with their earnings from the steemit platform,well yeah it is really possible,there are some users on the steem platform that earns up to 1000 steem and above monthly and that is worth up to 1000$ which can be used to take care of the family moderately.</p>","appDepth":2,"appParentPermlink":"pkmku677x","appParentAuthor":"unlemvduble","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
| created | 2018-10-07 13:38:30 |
| last_update | 2018-10-07 13:38:30 |
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<a href="https://musing.io/q/unlemvduble/pkmku677x">View this answer on Musing.io</a><br />
| author | rehan12 |
|---|---|
| permlink | pkb4ughh5 |
| category | musing-threads |
| json_metadata | "{"app":"Musing","appTags":["Steem","economy","life","family"],"appCategory":"Steem","appBody":"<p>In few facts yes </p>\n<p>Mostly depends on which zone you are </p>\n<p>Many people are really living off of Steem in 3rd world countries as because <em><strong>the dollar value is much more in their country.</strong></em></p>\n<p>While even for me when Steem reached more than a Dollar it was really helping my expenses in my life and take care of my family.</p>\n<p>While as it is dropped by now so it is kind of hard to look at it but yeah I am really looking forward in the coming days to live by Steem and I have already started because of no job at the current state of mine. Working hard to gather as much as possible at the same time powering up so that it would be my future investment as well.</p>\n<p><br></p>","appDepth":2,"appParentPermlink":"pkmku677x","appParentAuthor":"unlemvduble","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
| created | 2018-10-07 14:34:09 |
| last_update | 2018-10-07 14:34:09 |
| depth | 2 |
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