Today I Almost Tripled My Value From My Investment In Steem, In Only A Few Weeks (UPDATE, I Can Drop The Almost, Steem Is Now At 47 Cents) by whatageek

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steem · @whatageek · May 7 '17 (edited)

$42.23

Today I Almost Tripled My Value From My Investment In Steem, In Only A Few Weeks (UPDATE, I Can Drop The Almost, Steem Is Now At 47 Cents)

I do not know what is happening with the market but it is still going up, some of the coins by a lot. One of those coins that saw a good raise today is steem. It hit around 42 cents. Which is pretty great as just weeks ago it was in the low .20s. It was a bit of a surprise when steem hit thirty but now. I do not know if this is going to continue but it either way, at the very least, we might be setting a new low bar.

For me, I invested in steem before the HF 17/18 and the upcoming announcement from the new marketing team. the price I paid was about 15 cents. I felt there might be a huge spike or at the least that steem would not see 15 cents ever again (plus I could just power up if he value didn't change). This was, literally a few weeks ago. Nothing happened for a week or two but then we hit that .20 low and now it is going crazy.

I kind of want to trade it with this price but a part of me feels like this might be the start or at least, not the end. Too much stress :p. I might just put In all in SP so I don't have to think about it and use the site as a place for freelance work. I am okay if the price goes down as I feel it will go back up (there is a lot of potential in this system), but selling a chunk then see it skyrocket would be a kick in the ass.

How are your coins doing? And what do you think of the price, will it go up or down from here?

UPDATE:

It is still going up! It is at 47 cents.

https://i.imgur.com/jmKQwi0.jpg
@whatageek

*my upvotes/rep disclaimer: https://steemit.com/steemit/@whatageek/my-steemit-account-where-i-stand-on-bots-self-votes-and-multiple-account

👍 htooms, thejohalfiles, trafalgar, slowwalker, wackou, pharesim, geoffrey, bcc, inertia, ausbitbank, btu, uradick, roelandp, vcelier, cognoscere, albensilverberg, hebrew, hipster, romangt87, acidyo, bue, fyrstikken, kendewitt, themagus, whatageek, maryfavour, coininstant, fundurian, shadowspub, ebryans, bart2305, da-dawn, judasp, lily-da-vine, jedau, smysullivan, honusurf, filotasriza3, crossroads, allstarrunner, artem-sokoloff, elementm, steemitguide, bue-witness, boy, projectnewbie, mini, jonathanxvi, letc, krystle, bobocop, plantsforpandas, animus, daniel.pan, cristof, strawhat, raphaelom, happyphoenix, pawlmarti, blockchainbros, healthcare, bunny, samether, evildeathcore, and 13 others

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@albensilverberg · May 7 '17

$1.22

Steem and others like Factom still have a lot to go up.  They should both be $1 billion dollar market caps.  a 10 fold increase in the next few months wouldn't be that crazy.  It's overdue for them both.

👍 pharesim, wackou, dollarvigilante, charlieshrem, haphazard-hstead, barrycooper, steem-id, serejandmyself, anotherjoe, thecryptodrive, grandpere, venuspcs, dwinblood, dexter-k, pairmike, hipster, tracemayer, acidyo, unmean-stweets, bitcoiner, condra, albertogm, tee-em, blueorgy, luzcypher, phenom, instructor2121, gomeravibz, pheonike, clayboyn, kiwideb, tdv.witness, tygergamer, charlie777pt, mrwang, mikehere, steemtrail, fiveboringgames, ebryans, raymondspeaks, razvanelulmarin, burnin, stephen.king989, vl248, fortinbuff, aksinya, steemvest17, technovedanta, meysam, shadowspub, silviabeneforti, yadamaniart, hitmeasap, always1success, sgtechservices, jessamynorchard, ratel, orenshani7, dylanhobalart, steemittalk, luisucv34, gardening-trail, nikflossus, jedau, and 79 others

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@acidyo · May 7 '17

$0.16

I remember your post of when you first purchased steem! :)
Nice to see you around and about! ^^

👍 albensilverberg

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@albensilverberg · May 7 '17

$0.32

Ha!  I remember you as well.  Ya I'm back to Steeming.  To be honest, when my upvotes dropped to under a penny worth, I stopped contributing.  I see steem between $1 and $3 in the next year, so I'm pretty excited.  Aside from money, it's also a very cool, non-censored social media :).

👍 pharesim, wackou, hipster, acidyo, happyphoenix, evildeathcore, samether, projectnewbie, strawhat, tamersameeh, cryptochannel

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2 replies

@unmean-stweets · May 7 '17

<div class="pull-right">http://i.imgur.com/SaC2hFq.png</div>
Does factom have a social interface like steemit too?

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@whatageek · May 7 '17

$0.16

I do think it will hit a dollar maybe two by the end of the year. But I don't know if that is the time. This might be the roof of the spike for now. But maybe not.

👍 albensilverberg

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@christoryan · May 7 '17

Hell yeah you did!!

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@diggndeeper.com · May 7 '17 (edited)

$3.00

I was lucky. I bought in at ~ $.07
Things seem pretty good to me. I think Steem is a very useful blockchain. The currency is awesome and the social aspect is fascinating. Add to that, Steemit is a funded company pushing this site and some expect a plethora of other sites and services to pop up. 

It seems to me that it really wouldn't take that much to drive the price pretty high, even with the inflation scheme. 

We have a long way to go and we are already seeing really promising signs (including recent rise in value). I'm really bullish on Steem and Steemit.

👍 oldtimer, pharesim, wackou, haphazard-hstead, dollarvigilante, charlieshrem, barrycooper, steem-id, serejandmyself, anotherjoe, thecryptodrive, grandpere, bart2305, venuspcs, dwinblood, dexter-k, pairmike, hipster, tracemayer, acidyo, unmean-stweets, bitcoiner, condra, albertogm, tee-em, blueorgy, luzcypher, phenom, instructor2121, gomeravibz, pheonike, clayboyn, kiwideb, tdv.witness, tygergamer, charlie777pt, mrwang, mikehere, steemtrail, fiveboringgames, yadamaniart, ebryans, raymondspeaks, razvanelulmarin, burnin, stephen.king989, vl248, fortinbuff, aksinya, steemvest17, technovedanta, meysam, shadowspub, silviabeneforti, hitmeasap, always1success, sgtechservices, jessamynorchard, orenshani7, dylanhobalart, steemittalk, gardening-trail, nikflossus, jedau, and 81 others

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voter	rshares	pct
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pharesim	180,065,270,208	1%
steem-id	33,969,862,143	20%
pairmike	15,228,162,315	20%
pheonike	6,768,585,951	4%
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instructor2121	7,383,906,665	20%
lola-carola	308,147,008	10%
acidyo	11,880,908,323	1%
samether	304,371,164	1%
pangur-ban	471,579,283	20%
ratel	1,240,178,848	10%
thecryptodrive	28,366,819,897	20%
dahaz159	554,264,538	10%
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albertogm	9,005,995,268	20%
crok	1,380,903,138	20%
christoph3	505,808,858	20%
tyler-fletcher	1,563,972,103	20%
razvanelulmarin	4,054,661,055	20%
venuspcs	18,422,224,795	20%
sgtechservices	2,250,488,915	10%
hitmeasap	2,344,660,292	20%
strawhat	132,601,805	1%
cryptochannel	56,324,747	1%
mrwang	4,862,126,081	20%
vl248	3,310,878,191	20%
dwinblood	15,824,634,543	10%
condra	9,122,659,342	20%
raymondspeaks	4,208,068,476	20%
luisucv34	928,042,411	10%
fiveboringgames	4,464,248,143	10%
phenom	7,591,978,795	20%
blueorgy	8,910,234,896	10%
bitcoiner	9,883,700,536	10%
jedau	1,714,602,260	10%
kooshikoo	353,287,082	2%
tygergamer	5,775,516,335	20%
bkkshadow	841,345,362	2%
dirty.hera	116,248,594	10%
gomeravibz	7,245,511,499	16%
always1success	2,313,468,736	20%
stephen.king989	3,953,008,109	7%
dolov	213,869,339	2%
cmorton	506,052,008	3%
vegascomic	666,492,938	10%
jayfox	85,586,562	10%
seadroo22	736,533,923	20%
dollarvigilante	97,456,632,746	20%
anotherjoe	31,089,702,927	10%
serejandmyself	33,741,506,514	20%
mrlogic	889,695,007	10%
barrycooper	34,317,928,175	20%
sethlinson	1,642,239,051	10%
shadowspub	2,659,775,989	10%
leno4ek	620,503,468	20%
oldtimer	1,018,143,151,863	100%
escapeamericanow	242,037,496	10%
nulliusinverba	1,339,973,607	20%
charlie777pt	5,284,790,856	20%
mikehere	4,760,716,670	20%
randomli	301,760,150	10%
kralizec	1,351,523,799	20%
kiwideb	6,301,856,538	10%
jacobts	381,660,078	2%
renzoarg	859,405,171	2%
finleyexp	91,035,297	10%
dexter-k	15,777,996,688	20%
charlieshrem	57,332,273,182	20%
tracemayer	13,868,568,293	20%
burnin	4,001,168,327	20%
bestofreddit	587,762,625	9%
clayboyn	6,715,353,990	30%
develcuy	1,517,824,276	20%
haphazard-hstead	108,839,189,748	20%
fortinbuff	3,298,069,449	10%
aksinya	3,290,278,370	20%
luzcypher	8,421,172,521	10%
grisha-danunaher	895,800,433	6%
dylanhobalart	1,936,748,959	10%
killbis	1,116,659,976	20%
projectnewbie	290,394,600	1%
food-creator	707,219,549	10%
orenshani7	1,974,194,839	20%
steemtrail	4,674,787,856	10%
rgeddes	279,707,525	12%
marialin	1,669,835,479	20%
steemvest17	3,183,583,823	10%
tdv.witness	5,826,115,284	20%
ianboil	166,607,126	20%
ebryans	4,238,674,673	10%
jessamynorchard	2,248,022,159	10%
sstefan	1,221,756,902	6%
innafanz	705,953,959	10%
maxse	473,506,760	10%
gardening-trail	1,837,956,417	20%
foraging-trail	367,558,318	10%
nikflossus	1,770,341,252	10%
baerdric	1,035,338,177	10%
alex1983ch	944,093,332	20%
technovedanta	2,994,529,912	10%
yadamaniart	4,418,399,663	20%
sellergenius	613,932,730	20%
irawandedy	398,731,422	10%
steemittalk	1,907,356,820	20%
saleg25	107,125,930	5%
meysam	2,730,869,831	10%
tamersameeh	85,273,029	1%
steemnews.online	605,631,709	10%
adambalm	481,788,453	10%
ilovebatcatstew	281,029,845	10%
michaeladamparis	1,554,905,284	8%
askari	168,582,004	10%
cheah	1,690,804,902	10%
marcosespes1	694,207,739	20%
fiction-trail	893,073,105	20%
kostaslou	286,882,835	10%
zkalemiss	1,532,969,484	20%
jasonrussell	1,523,291,483	10%
poetry-trail	509,149,051	20%
killinhersoftly	279,223,583	10%
catharcissism	123,063,874	10%
kuvo	87,362,004	10%
ogochukwu	1,063,338,066	10%
tonylondon	190,320,677	20%
paolobeneforti	1,357,493,582	5%
silviabeneforti	2,566,789,925	10%
lilwallay	158,632,019	10%
cfreidsma	349,197,039	5%
torkot	426,570,651	10%
evildeathcore	370,347,735	1%
flyingcam	120,044,926	20%
frocush	503,737,818	10%
heikomahr	511,587,506	10%
mckenziegary	139,821,303	2%
pullen	94,061,294	5%
bart2305	18,455,144,447	100%
unmean-stweets	10,957,914,881	100%
kingcocomango	143,284,800	10%
maurocostarica	148,273,499	10%
dimarss	819,874,819	100%

@snowflake · May 7 '17

what inflation scheme are you refering to?

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@diggndeeper.com · May 7 '17

A couple of links:
##### They're a little outdated, but this is the general subject
* https://steemit.com/steem/@arkanaprotego/why-would-anyone-invest-into-steem-if-it-is-so-inflationary
* https://steemit.com/steem/@etcmike/steem-price-forecast-given-the-upcoming-hard-fork-to-reduce-the-inflation-rate-100-sp

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@diggndeeper.com · May 7 '17 (edited)

"Steem began with a highly inflationary supply model, doubling roughly every year. However due to community demand, on December 6th, 2016 the inflation rate of Steem was changed to 9.5% per year, reducing by 0.5% per year."

https://steemit.com/steem/@steemitblog/final-review-of-steem-economic-changes

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2 replies

@unmean-stweets · May 7 '17

<div class="pull-right">http://i.imgur.com/SaC2hFq.png</div>
Really lucky to get it at the price. Steem seems pretty stable for long periods before spikes. The way steem is going, doubt very much that it will ever go to .07 again!

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@whatageek · May 7 '17

Awesome congrats on the low pickup :). Yeah I see a lot of things for this site, it works fairly well atm at there is a long way to go.

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@team101 · May 7 '17

Congratulations on getting in while Steem was depressed.  I wonder if we will ever see it at .07  or .15 again?

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@whatageek · May 7 '17

When I bought it at .15 I was convinced it would be the last time it would ever be that low. Even more so now that it is at .40 plus. But who knows, it is impossible to say, it can drop wildly tomorrow and this upcoming week.

properties (22)