Please @steemit, let the STEEM price to breathe a little for some time…
@toofasteddie
…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):
https://economicstudio.github.io/vp/?a=toofasteddie&t=PAL
(just change my name by yours)
I think from now on I am going to use #palnet tag as the main 😉
@toofasteddie
Believe it or not it’s been already 5 consecutive days on which STEEM presents positive numbers in terms of price…
Of course I am speaking about the STEEM/BTC pair. The STEEM/USD pair is not bad neither but it is affected by the correction of BITCOIN.
What is interesting to see is that, both, the 50 and the 200 Daily Moving Average are now holding STEEM more solidly than ever and it is trying to break a known resistance right now, on a time not specially good for BITCOIN…
I really think we touched the bottom already on December, the problem is that there is an excess of STEEM available at the market due, mainly, by the major transfers performed by STEEMIT INC during the past months, some of them were really massive… in particular during early this year, and according to what I have extracted from the data obtained at Steemworld, STEEMIT did in a couple of months transfers to alternative accounts which withdraw STEEM to the exchanges in enormous quantities (millions of STEEM)…
So, even if STEEM has done the bottom there, the amount of available STEEM at Bittrex, Binance, Huobi etc… highly exceed the demand of the buyers…
Lately, STEEMIT has decreased the amount of coins transferred to the Exchanges…
We are speaking about a huge change from a few Millions to less than 1 Million of STEEM… this are very good news for everybody.
Hope they can maintain this withdrawal level in order for STEEM to recover a little bit its price… we deserve it as well.
@toofasteddie
Busy day at the office today so I couldn’t dedicate what I used to on STEEM and other crypto matters… so I arrived home, I switched on the computer and I saw this at Steemworld:
Rapidly, I checked my FEED and I realized that nothing new was recorded since long…weird…
Then I went to Stateothedapps I filtered by STEEM Platform and I get this:
yes man, all the DApps based on STEEM are showing very low user activity today, a drastic drop I would say…
What’s going on here?
Did I miss anything important?
Is HF21 is on going?
Half of the Steem active population died?
is it because the market correction is affecting all of us?
@toofasteddie
Following an interesting post of @whatsup today on which she asked about LISK blockchain and why it is so interesting since, apparently, it does not have what it seems to be a disruptive technology…
In the comments section of that post, there is one on which I fully agree 100%…
@jwolf states that, only at twitter, LISK has something like 183000 Followers… besides the technical aspects, not bad at all for a crypto located at the 39th position of the TotalMarketCap…
But, what about other cryptos… let’s say, what about Cryptos focused on DApps development, purely competitors of STEEM?
For instance, TRON is a relative “young” crypto project, younger than STEEM…but located at the 11th position of the TMC already, and I would say that this position is very solid…not like STEEM which has been losing positions month after month…
Besides EOS, I don’t think there is a better blockchain than STEEM in order to develop DApps and that’s why at the “State of the DApps website” the supremacy of STEEM is evident…
But man, STEEM keeps being invisible for the audience…
Do you know how many followers we have on twitter?
5634 followers?
106000 followers of the Steemit account…
Do you know how many there are at TRON?
424000 Followers?
Are we invisible for the audience? I’m afraid it is so…
If we want this Blockchain to success we should focus on improving this aspect more than any other…
Still so much work to do guys…I hope we can focus on marketing as soon as Steem Inc will deploy the expected Economical Changes by hardforking the blockchain…or, why not starting NOW?
@toofasteddie
I have just read apparently all the information I get about the, let me named as “the Sudden creation of another HARDFORK for Steem” in order to implement by one side the so called “STEEM PROPOSAL SYSTEM (SPS)” on which I don’t have anything against and, by the other side, an “Economic Improvement Proposal (EIP) ” on which I have serious doubts about its efficiency as a solution.
I do not want to explain here what all of these changes would mean, instead I am going to point you to the post of @timcliff which, in my opinion is sufficiently clarifying (…or not)…
Please, read this post.
They are trying to fix “the problem” of the steem blockchain by implementing a 50%/50% rewards for content creators and curators respectively as IMO major change.
Very difficult to forecast the result of the change… looks like in principle, content creator would lost part of their rewards in order to encourage curators find good content to upvote for…
It is still to be demonstrated that this change or the change of moving from a linear rewards curve to a convergent linear rewards curve will motivate ORCAS and WHALES to change their upvoting behavior or stop delegating SP to bidbots or the like…
But this post is more related with the fact that STEEM has a problem of MARKETING as well. We are sitting at the 61th position of the TMC…
Would you think this sudden HF will help to get more investors on STEEM?
If you were an investor looking for altcoins to buy right now, which one you would choose?
The more visible, the best marketed, the one with less internal problems or, the one that is in permanent economical change since the beginning and with an uncertain HARDFORK result coming?
I’m not against improvements if they are so…but I really think the exposed proposals are drastic changes, which can complicate even more the things to the already damaged STEEM price.
@timcliff also listed as a part of the problems that:
“Little to no marketing is being done.“
…and there is nothing proposed yet neither a plan to solve that point and I don’t see how HF21 will fix it in short to medium term…
For me it is clear that before doing anything at the level of changing the CODE we should focus on the MARKETING aspect more seriously and, to tell you the thruth, I do not understand why the bloody SMT project is not even mention nowadays…at least now that seems that the costs will be reduced finally…
Perhaps we have to wait for the next, not the current one, Bull cycle in order to finally see someone reading how promising is the Steem blockchain…
@toofasteddie
…again on Author and Curation STEEM POWER REWARDS for the month of May!!!
Who was going to say to me one year ago that just by curation I would get close 30 Steem Power a month or more than 270 SP in rewards?
There is something extremely good for all the steemians still active here nowadays and it is the fact that it will be very difficult to have a better chance to increase the STEEM POWER of our account in the future as we are doing right now…
Not only because the price of STEEM is very low but also because anyone of us who keep posting, commenting and upvoting have more opportunities now of getting stake of the Rewarding Pool.
We are around 5000 daily Active steemians currently, and according to Steem.supply from @dragosroua there are 886,124 STEEM to be distributed among us:
I am very conscious on the fact that part of the reason why I am constantly breaking my All Time Record on Rewards is due to the diminution of the active members… but I am also conscious that it has brought to me the chance to further interact and engage with many actors here, enhancing my engagement and Steem network so, perhaps, I think I am not doing it so bad at the end…
Anyway, I am keeping this graph as a guide, the Gartner Hype cycle:
(Source)
I think we are exactly at the “Trough of Disillusionment” . We have passed for all the stages”This is exactly the moment on which we don’t have to be distracted by the backlash of negative chatter at this stage of the hype cycle. This is our chance to race ahead of competitors who are pulling back from their missed results against earlier, unrealistic expectations.” (read more here).
The following chart is even more clarifying:
(Source)
We still are at an EARLY MARKET, I do not know if we touched already that CHASM which separates us from the MAINSTREAM MARKET (MASS ADOPTION) , but we are going towards there and when we reach that point it would be better for us to be prepared.
Enjoy!
@toofasteddie
I am still amaze about the ingenuity of that post … they launched a shy initiative to promote steemit out of the steem blockchain borders…and the worst of everything is that 24 days have gone already and I did not manage to see anything about on twitter…
In the meantime, the market is reversing, the competitors are working hard and willing to launch a Steemit killer…and still there are people here who are debating about converging curation rewards and, 50/50% splits, downvote pools and the like…
Maybe they only think we are a gang of crazy guys trying to attract people to a useless place…
Is this the only thing you can do as a Marketing Campaign @steemit ?
Sorry guys but I am worried…
…and don’t tell me that STEEMIT is Not STEEM!
of course we are STEEM! and perhaps 5000 active steemians individuals filling twitter with seven77 push-ups may attract someone here or, maybe not because, seriously, If I would be a newbie in crypto I think I would not understand anything of what’s going on with Steem and what is trying to sell…
We need a straight message, something like “COME, BLOG and EARN CRYPTO!”
Catch it?
@toofasteddie
Thanks to BITCOIN, STEEM is recovering some places at the Total Coin Market Cap!
That’s great!
We are placed solidly at the 59th position, improved 2 places since a couple of days ago!!!
…and all this done without no advertisement, no marketing plan, neither update at Twitter nor even at the Blockfolio Signal… NOTHING!!!!
Sorry, yes, only with the own effort of ourselves, steemians, doing the impossible to promote the use of STEEM across all the borders of Twitter, Facebook etc…
Where is the strategic Marketing Campaign!!!
What the heck means not being anymore at BETA???? Nothing changed besides technicalities!!!
MIRA would be a revolution only if we find USERS outside there!!!!
Forget about the SMT’s !!!! We NEED BUYERS!!! We NEED USERS!!!!
My Blockfolio signal keeps blinking about any other Crypto but STEEM.
TRYBE is rising! EOS is accelerating and we have competitors at the doors…
Today I had a busy day at the office…nothing new thought since working on technological projects projects has always crazy overloading days difficult to forecast in advance.
Actually, I used to work mostly of the time under unpredicted scenarios and that, as I said, it is not a surprising new…
The new is that I have been checking my feed at steemit and partiko whenever I could, I mean, as usual, at the coffee break, at lunch, on my way to different places etc… and today I noticed something that did not happen to me since long time ago…
My Voting Power reached 100%… actually, and sorry if I missed something interesting posted by the people I follow, I have not found any article that attracted me minimally to give my upvote and that is really weird! I am a consistent upvoter, or at least that’s how I consider I am myself…but I like to upvote some good stuff as well which, honestly I miss nowadays…
I don’t know what is happening here but I really think that not only the quality of the posts are decreasing but also the amount of posts is also doing so… even if it seems we are escaping from the BEAR’s claws, it looks like people are not so motivated to write about interesting things or even normal life topics or projects…
Very difficult to find usual steemians writing these days, even more difficult to find new ones…
…or perhaps it is only my subjective perception…. I don’t know…
Hope the good times will come back…
@toofasteddie
