About two weeks ago, I started powering down for two reasons:
- A half-ass experiment to see how long it would take me to rewrite my way back to a dolphin
- I wanted to fritter away some money (I been poor a long time!)
When I started, the price of Steem was bouncing around just under a dollar.
Last week, the price broke a range ceiling and hit $ 1.20; a couple of days ago, the price teased us at $1.40. lo and behold, it was at $1.57 when I checked this morning.
So right now, my bet is that we are on an uptrend. For how long? This is a big question, and my answer is I don't know.
But based on that bet, I am going to pull out some play money, which will happen a lot sooner than I expected to reach the amount I wanted...
And then I am going to stop the power down experiment in the hope the price keeps rising
It doesn't even need to skyrocket, I would be happy with a stable and slight increase. But I do like being a dolphin and having a slight effect on the posts I upvote.
I also think that the price is going to take a huge bounce upwards when we go live.
The sun is shining, and I'm happy with the day!
The price is now at $1.58 ;>