I am worried… is everything ok with you @steemit guys?
So far already 17 days have passed since the publication of your last couple of “informative” posts…
…and still “No words from you” guys?
Does MIRA work as you were expecting?
How is the Twitter Marketing campaign going on? any advancement?
Are you alive?
If yes, please don’t forget that you have someone still sending hundreds of thousand of STEEM off to the exchanges in a weekly basis while we are here waiting for your news and trying to convince the people not to power down and quit
Oh, yes, wait… I understand now! Perhaps you are so busy working in the new Hardfork that for sure will benefit as usual big stakers than the rest of the normal steemians…yeah, that makes sense as well…
Now seriously, would be great for everybody to keep alive the informative channels and the interaction with all of us. Hope to read anything from you, the sooner the better, in the meantime, let’s use palnet.io …
In this episode our guest Jan-Erik Olsson, Liberland Representative to Malta, discusses:
1) How he intends to use his real estate development skills for Liberland 2) Details about living in Malta, their tax laws, and attaining residency 3) His wife’s top selling music hit – Yes Sir, I Can Boogie by Baccara
In this episode our guest Adam J. Carswell, Host of the Liberland Show, discusses: 1) How he originally connected with Liberland and began hosting the show 2) His current career in real estate, and former career in college basketball 3) The best way aspiring Liberlandians can serve and make an impact
Complementing @exyle ‘s post this morning and taken the data provided by @penguinpablo in his weekly reports, the following are the charts related with the amount of total STEEM SUPPLY and the amount of LIQUID STEEM STORED at the EXCHANGES since the beginning of the year:
TOTAL STEEM SUPPLY:
TOTAL LIQUID STEEM DEPOSITED AT THE EXCHANGES:
The amount of LIQUID STEEM into the exchanges is still growing despite it seems that the curve is getting flatter , this quantity is so big that the price seems to be stagnant and sometimes even worse because, even if the general trend on the market is positive, STEEM seems to lose value in relation with the rest of the cryptomarket.
Why STEEM is losing continuosly price while BITCOIN grows?
Have a look to the following STEEM/BTC price, from beggining of the year till now…
…and now have a look to the massive entrance of 14 Millions STEEM within only 3 weeks by the end of January till mid February, starting just after the peak of the 22nd of January:
Steemit and other wales have been sending massive quantities of STEEM to the exchanges, and I guess they have been selling them in a very planned mode, not in one shot because it is impossible since Buyers are not sufficient to absorb such quantities…actually, what we have seen since early March till a couple of weeks ago is the STEEM/BTC continuous decay due to 14 Millions STEEM deposited on exchanges on February…
One positive signal can be the following:
Take the last month of STEEM/BTC chart and identify on which weeks we have more and less STEEM deposits at exchanges:
Same with the STEEM/USD pair:
For me it is a clear indication that there are STEEM BUYERS outside. But do you think they are sufficiently stupid to buy STEEM knowing that a whale monster as @steemit is permanently powering down and increasing the amount of STEEM in circulation at the exchanges week after week?
…and I wonder…
if MIRA has been already released 16 days ago…should not be the Costs of running the blockchain be reduced drastically?
Why @steemit is keeping apparently the 400000 STEEM per week Power Down Process and sending the full amount to an alternative account AKA @gsr-io which is at the same time withdrawing more or less the same amount to the exchanges?
Would not be a good time to inform about the real costs reductions dear @elipowell ?
Please, let the STEEM price to breathe a little for some time…
STOP POWER DOWN.
@toofasteddie
P.S: After having checked the top 20 STEEM witnesses, I found that still some of them are Powering Down, but I learnt as well that even if we would sum all the witnesses weekly earnings and we would “throw it” to the exchanges, this amount would be very little in comparison with the amount that @steemit itself is powering down… anyway, I am still thinking that a general STOP POWER DOWN EVENT should be very positive for the sake of everybody here and for the project in general so, my selection criteria for witness votes will take into account that requirement as well…for the moment.
Thanks to @crimsonclad and @svemirac for the constructive discussion on the topic in my yesterday’s post.
Yesterday I wrote this post on which I wrote that we should consider the option to start a campaign similar to the STEEM POWER UP DAY aka #SPUD but in the inverse way in order to see and quantify what is the effect on the steem PRICE if we manage by at least a couple of weeks to stop feeding the exchanges with fresh STEEM.
I have called it the STOP POWER DOWN MONTH aka #SPDM and I think the effect can be beneficial for every body, including witnesses and whales because if we create scarcity we would have a lot of chances to see STEEM growing at the CoinMarketCap.
Despite I am pretty happy with my list of selected/voted witnesses, I am going to start doing my particular campaign by removing my witness votes from those witnesses within the top 20 that keeps Powering Down.
For your information the following is my current list of witnesses:
I am going to analyse each one of them, if you are within the first 20 top witnesses and you still keep powering down I will remove my vote on you, at least temporary.
It could be great to know as well the opinion of the witness community…hope they comment.
It would be great if more steemians follow also this campaign, if you agree with me RESTEEM would be appreciated.
If you feel like not having time to do a proper analysis and still think that mine is fair , you can also choose me as your proxy that will vote for witnesses for you.
Just, keep using your witness votes doing an important work.
…and the history repeats again and again lately…BITCOIN corrects, STEEM shyly grows, BITCOIN stand up then STEEM goes down…Only yesterday STEEM was growing at 7% rate a day, while BITCOIN was stuck a between -2 and +1% rate, actually STEEM managed to recover from the 64th position to the 54th in a short time and it was really encouraging to see that good signal….
And now, we are back to the start, defending the former position in front of altcoins as the “very well-known” SOLVE or the famous THETA:
Of course if BITCOIN grows strongly, it pushed all the market prices, including STEEM but the thing here is that STEEM does not manage to grow at the same rate, even more, it used to decrease a little in relation with BITCOIN, which indicates that people sells STEEM for BITCOIN, continuously…
Since early April, we have a clear and solid resistance level placed at 0.45 USD. This level has been touched more than 5 times since then, and every time we get a rejection downwards.
50DMA and 200DMA weirdly travelling following the same path…no jumps, everything under “control”…
@steemit , @ned , the majority of the witnesses and some other major whales squeezing the lemon in a “controlled” way, while we, the “dreamer” steemians that still keep being active, try to squeeze their brain while searching for more options, more newcomers, more attention at tweeter, facebook and at everywhere… creating the SPUD day, promoting the Seven77 Challenge, creating palnet.io…
… A few hours ago, I have read a post from @klye which has been bombarded with a massive amount of downvotes of flags or whatever the name they want to use…a very sad situation indeed.
@klye is not only a witness but also a skilled developer, well appreciated, at least in the past, by the developers community at STEEM. This witness fellow decided to stop POWERING DOWN his STEEM stake and so, quit from feeding the exchanges with his “modest” STEEM extracted from the Power-down process…
In my opinion, that’s the kind of commitment I would expect right now from a witness…that’s why I am going to sacrifice one of my 30 voted witnesses for him…
I wonder what would be the price of STEEM right now if the biggest accounts would also halt their Power Down…
What would happen if all of them stop feeding the exchanges for, let’s say, a couple of weeks or so?
Would it be positive for STEEM to recover?
Would STEEM move within the 30 first places of the total market cap? and, if so, would not be a major attraction for investors to come?
I think YES.
Why not a massive shout out in order to promote a STOP POWER DOWN MONTH aka SPDM?
Please, think about and resteem this post if you agree…
Prompt / Theme: It’s your turn ?… Suggest the next Prompt / Theme I should request in my next giveaway ?.
Giveaway ? – 2 winners Prize A: 1 Steem Basic Income share Prize B: 2 PAL Tokens
Winners will be chosen randomly after post payout. If you would prefer a certain prize, please specify in your response, otherwise I may decide for you 🙂
Rules:
? No Upvote, No Resteem, No Follow – just your responding comment required to enter.
Comment a reply directly to this post within 7 days. A genuine (family friendly) comment responding to the theme / prompt is required.
Posted or Commented 5 or more times during the week this post is active.
We have a big problem at the allotment from pigeons stripping brassicas as soon as we put them in the ground. So i decided to build a frame to cover my raised bed.
I bought some 15mm flexible plastic tubing and a packet of clips from B&Q.
Then cut the tubing to your required size….
The hammer a clip into the side of your raised bed and place 1 end of the tube into the clip. then do the same at the other side.
I then cut 2 more pieces of tubing and place at equal distance over the full bed and secured with clips…
Then place a gardening cane over the centre of all the hoops and tie with string, twine or tie wraps…..
Then cover with netting.
Cabbages planted.
If you like my posts and what i’m doing on steemit, please give me a witness vote. witnesses keep the steemit blockchain running smoothly and it costs us to run our servers. Your witness vote helps to pay for the server cost. as yet i do not have enough votes to cover my costs.
Please vote pcste for witness. to vote for me go to : https://steemit.com/~witnesses scroll down the page and enter pcste into the box (dont use @sign) then click vote
…that I didn’t know about the palnet.io chain and frontend…
You can use any steem interface to write and publish a post in the Steem Blockchain but if you want to earn more tokens, in this case PAL Tokens, you just have to add the tag #palnet in the post, whatever the interface you use…
…but what I learnt today additionally is that you can upvote any post at palnet.io and you will also automatically upvote the same post at the steem blockchain!
Perhaps it was so obvious for many but not for me at least… basically, you multiply the chances to be rewarded.
The only thing you have to take care about is the PAL Upvote percentage because the upvote at the STEEM blockchain will replicate the same percentage…
Honestly, I don’t understand yet what is the aim of the palnet.io project besides the double rewarding…perhaps it is just a question of becoming independent from STEEMIT? I would appreciate some explanations from palnet.io developers, for instance @aggroed explaining road map and perspectives because I really like the idea…
By the way, if you want to check your voting power in both PAL and STEEM check the following tool created by @blockchainstudio (thanks to @holger80 for the informative post):
