Howdy folks'.
What we are doing here at The Hive is something right. At just under 100 days old. Time to share what we have achieved. With the roller coaster of Crypto taking place at the moment, our progress has been consistent. A bit surprised at that on first glance I was with the value drop. Then I remembered, the value drop not the reward. There is a subtle difference there. The value of the reward has changed not the reward itself. The reward is still worked on the same ratios. So our Stem Power growth has remained consistent with that.
Our account started with 6.841 Steem Power, (plus delegation). In our first week we grew to 7.663. Our first week drew less than 1 for our efforts. We did get a couple of larger votes at the start. one of 10 and one of 5 those type of votes do not come around very often. they did provide a bit of a boost to the SP. We continued on after on our own strength and continued to grow.
From under 7 to over 45.5 in SP. With this we also have 3.5 liquid Steem to be used for S.B.I. Including this would give us a rise of 42 Steem
There are parts of interactions I could improve on myself. Commenting and seeking out content possibly begin to curate, other than just a vote to your post. These things are ahead of us and we have time to think on them.
Somewhere in what we do, we are doing something right. Let's keep doing what we are doing. You have grown an extra 40 SP to vote on your post.
I am not a Crypto expert by far, or an expert people person. I am probably to critical of people to voice a valid opinion of people. I am going to be BOLD though and jump in the deep end with the sharks and other vicious of the deep Crypto analyse.
A basic fundamental here is we are people. well most of us anyway. We have a need for things and a want for others. Its the time of year up north were vacations are taken. Many people may have paid for some of these vacations with Crypto. Many will have being planning to pull some out for fiat for the vacation. Again, people being people will judge what they will have to take out by what they had back when they booked the vacation. With a value drop, this means many will now have to cash more Crypto than originally thought to cover the expenses they expect to have.
With all that more Crypto is being dumped temporarily. Vacation time will wind down through August and die off in September. At this time, efforts will be put back into building up a portfolio Crypto again and the markets stand a good chance of gaining ground.
I know there are crashes of markets and hacks and other related causes. What I suggest might only be a small % of the drop in value. I just purpose there are more than one reason why the markets may take a dip. There are also many more reason why they stand a chance to rise again.
You are welcome to join our Discord Server at
https://discord.gg/SQ3zSsp
Some other groups I invite you to take a look at are:
The @IFC Discord group: https://discord.gg/uSGDtKR
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