Log in

Tag: newsteem

Alternatives to improve the low rewards

August 30, 2019 (updated August 30, 2019) Published by

6509 SP and increasing, this is the value of my account in STEEM POWER while in USD it is about 1280$ according to Steempeak.

I would not say that this amount of STEEM POWER is low… I am a consolidated and a proud DOLPHIN who has been working hard and investing in the worst time ever to do so and still doing it.

However my rewards today are almost half those of seven days ago…due to the NOT-SO-FAIR-AT-ALL Non-linear Rewards curve…

I have read that, right now, it is almost impossible to get rewarded by upvoting comments… and also that Bid-bots use are really required if you want to earn “anything” from your Hard-work…

Read this post written by the wizard @steemchiller , dev and owner of STEEMWORLD:

https://steemit.com/steemworld/@steemchiller/steemworld-update-managing-the-after-fork-effects

O maybe you are interested on reading this one from @blockchainstudio , who is another outstanding dev you must follow:

https://steemit.com/deathofpob/@blockchainstudio/convergent-linear-encourage-using-voting-bot

Before HF21, I personally was not a fun of maximizing my earnings nor by upvoting “succulent” comments neither by using Bid-bots and, of course, they are not in my present or future plans.

My plan is to continue working, engaging and searching for opportunities of building my STEEM POWER. I am buying again short amounts of STEEM, mainly using BITVAVO and I am planning to power-up some tomorrow, following the traditional SPUD5 day (STEEM POWER UP DAY) set by @streetstyle. By the way, if you want to try out BITVAVO and you want to help me growth my account, here you have my referral, https://bitvavo.com/?a=C658B92169 .

One alternative that I am using lately in order to mitigate a little the reduction of my rewards is @drugwars , I am playing this game once a day and it is currently providing me a relief in DWD (DrugWars Dollars) which is an Steem-engine token currently worth 0.03 Steem/token at the named market. If you play well you can earn a lot of DWD and so STEEM.

(I have a referral also for @drugwars , let me know at comments if you are interested on trying out the game and I will help you building your “empire” by giving you some good resources)

Then, I am always doing an “audit” of my STEEM-ENGINE Wallet, on a weekly basis.

I usually stake half of the tokens of those TRIBES that I am interested on, i.e LEO, PAL, SPORTS, PHOTO… with the rest I simply sell them.

This evening has been “harvesting” Time for me at the Steem-Engine market and I get 43 STEEMP in just one week:

As you can see, there are always options for growing your account, now it is just a question of changing a little bit your habits till now as a consequence of the #newsteem rules…which, by the way, I hope will be better balanced in the near future by another adjusting Hardfork, specially regarding what I think is an UNFAIR new rewarding curve.

@toofasteddie

Don’t give up…

August 29, 2019 (updated August 29, 2019) Published by

The picture above is self-explanatory of what I want to tell you.

Today I have read more posts complaining about the #newsteem as a consequence of the HF21 deployment.

Yes, it is a fact we have got a reduction on our post rewards but It does not seem to have been the case regarding curation rewards which, according to what I see in the estimations of Steemworld, will be more than double the curation rewards of exactly 7 days ago:

Here the 7 day estimation:

2 days ago my curation rewards were estimated around 8 SP per week but now I can start noticing that they have increased 1.55 SP.

If I run the estimative function at the same tool I get the following “prediction”:

That’s more than doubling my weekly curation!

I know it is still so early to get a realistic estimation about it. I have noticed as well that also the amazing Steemworld is struggling from time while calculating the data. The blockchain has to stabilize and it will take some time and maybe some more changes will come as for today, we know that devs and witnesses have deployed another version of the code, so called HF22 for fixing some potential security bugs.

Sadly what I clearly see in my FEED today is a substantial reduction of new posts created by the people I follow…

Maybe all these changes are/were necessary…or maybe not

Perhaps the economic changes will only benefit the bigger stakers…

Maybe simply it was not the best day to implement such a radical changes…with such a low behavior of STEEM at the market

Maybe, maybe…maybe…

I don’t know you but I am not going quit so easily…

I hope all of you will keep enjoying of this, “our Blockchain” even if you struggle now…Please, keep working, posting and engaging…I also have the firm conviction that we will succeed in the long run…if we get focused more on the marketing side…

@toofasteddie

Harvesting Time

August 23, 2019 (updated August 23, 2019) Published by

Finally I’m back from holidays trip.

I am spending the whole morning setting up and updating my Steem account everywhere, Steem-Engine, @actifit , @drugwars , @steempeak … I realized I have a serious amount of S-E Tokens accumulated at the Steem-Engine Wallet which is amazing but, man, we are at just 4 days from the HF21 date and here what we need is to ACCUMULATE as much SP as possible, just preventing what will happen after its deployment.

To do so, and following the exercise done previously by @ervin-lemark here , I am harvesting all the S-E tokens that I am not considering for the Long Run and staking others I think can do well in the near future, in particular, I am staking mostly the rewards of PALNET, LEO, SPORTS, PHOTO and, possibly LIFESTYLE …

This is how my Steem-Engine Wallet looks like now:

Regarding @actifit AFITX tokens, here I am a little bit in doubt…. I don’t like the way they set up this trade, I think @actifit is pushing so hard to the users by maintaining a crazy competition in order to be a top25 AFITX holder and getting so the right of having upvoted earlier…so I am going to “short” a little more my AFITX stake, selling at a better price than the price on which I purchased them.

All the rest of S-E tokens are going to be exchanged for STEEMP and then POWER UP just to increase my SP amount before HF21… then will see how much I am being able to achieve here.

After “Harvesting” and “Exchanging”:

58 STEEM have been “harvested” after 20 minutes of trade!

Now, the process is very simple, I am going to withdraw them and POWER UP all of them!!!!

Opportunities are everywhere, you just have to see them.

Believe me, the STEEM Blockchain is the place where you have to search them.

Get prepared for the #newsteem time!

@toofasteddie

Monthly growth: Crossing the 6000 SP

July 31, 2019 (updated July 31, 2019) Published by

One month more at the STEEM blockchain.

Almost 26 since I started at this blockchain. During all this time I have never powered down.

I have accumulated all my SP rewards coming from Author or Curation and I also have bought a few times STEEM and power up mostly.

Despite I have withdrawn some of my liquid rewards as well, I have been focused on building my SP stake, so, part of those liquid rewards have gone to feed also my Steem Power.

Today I am at the moment to cross the 6000 SP on my main account, 2600 SP out of the 6000 SP have come exclusively from Author and Curation rewards.

…and from those 2600 SP, at least 2200 SP have been obtained during the last 12 months.

This month, my Author Rewards have decayed a little compared with the two last months:

Perhaps the current correction on the market has had some effect on the trend…I guess..

However, my Curation rewards have marked another All Time High:

So, something I am doing well, at least…

Compounding both charts:

So, it has not been a bad year at all in terms of building my account.

If I manage to maintain the uptrend here, 8000 SP can be an achievable target by the end of the year…if not earlier since the Market is offering an excellent opportunity nowadays.

Keep accumulating!

@toofasteddie

My opinion regarding creating different accounts to upvote with different tokens…

July 30, 2019 (updated July 30, 2019) Published by

I have seen many steemians that I follow creating alternative accounts in order to upvote with the different steem-engine tokens airdropped during the last weeks.

I confess I also created one in order to deviate the Good-Game tokens I received, on which I feel as not identified myself with the trybe created, in order to upvote with it to certain accounts, mostly in automatic fashion using the amazing tool created by @holger80 called Steemrewarding and following the idea of @abh12345 .

There are people that have created dozens of these alternative accounts and, despite I appreciate the upvotes coming from them, I don’t think the main aim of the Tribes was thought to reward people in “automatic”.

The main “aim” is to support those persons that fit your interest on a particular tribe by manually curating , and mostly, if you feel that the post deserves to be upvoted.

If these people you follow is rewarded with an alternative account but not with your main, sometimes happen that the “prize” you are giving or demonstrating towards your “colleague” is somehow very little indeed.

That’s why, after having tested my alternative account on Good-Game tokens (GG) I am not going to further create alternatives accounts, if I follow you and I find that you deserve my upvote I will reward you with all the tokens ascribed to the post, including STEEM, PAL, LEO, SPORTS, ZZAN, CCC, STEM or whatever the tribe!

What I am not going to do is to upvote you with @toofasteddie.porn and then with my main account because, besides to be a really waste of time, that’s not the aim for what Trybes have been created IMHO.

However, this is my personal opinion and maybe yours may differ.

Surely this is not the best approach for having an excellent ROI approach but, I don’t care. I have so much work lately that I don’t think the prize of doing it deserves my effort…

Don’t become crazy man!

@toofasteddie

p.s: I think I should use #creativecoin here… at least it has been original, hasn’t it?

I have to say that I am not in favor of doing such a thing

How worth is your Staked PAL?

July 24, 2019 (updated July 24, 2019) Published by

In case you don’t know, you have an amazing tool called “STEEM SCOT Voting Power” created by @blockchainstudio on which you can perform staking, claiming, check Voting Power or change your weight multiplier there.

It also tells you how much in STEEM is your Staked Token worth.

For instance, I have 1210 PAL staked:

So, according to the tool and also to the current trading price of PAL vs STEEM, in my case it is worth 508 Steem, ie 128 $…

Not bad taking into account that my investment has been almost zero!

The same you can do with any Steem-engine token, just change my user name and the Token symbol in the link below:

https://economicstudio.github.io/vp/?a=toofasteddie&t=pal#

For LEO I have the following:

1318 LEO = 160 STEEM

Not bad at all, isn’t it?

Love #newsteem !

@toofasteddie

April 2024
S M T W T F S
 123456
78910111213
14151617181920
21222324252627
282930  

Latest Media