Your math seems off.
After buying enough SPs to gain minnow status (500 SPs) earlier this year, my total SPs is now about 604SPs, so that is 20% in about 6 or 7 months.
If it is rewards you are after then curation on big paying posts is a good approach.
The following is my voting habits since January....
My math is rough figures but not off. We are talking about 2 different things.
Say you bought 1000 Steem in January, and you did absolutely nothing; no posting, no comments, nothing. How much Steem would you have right now?
My bad.
Not a problem for me at all. We Steemians don't all think about currency creation and it's effect on the currency that already exists; but the investors do. Unfortunately the institutional investor has a bigger influence on Steem than we do, even when they don't own Steem. I watched the price of Steem go up as an entity bought up about $15 million worth of Bitcoin and that means the same could happen when he sells his Bitcoin. ( He may have sold already, I'm not in the habit of watching the market all the time)
Greetings!
My feeling about where goes Bitcoin goes the crypto market does not mean steem being a good investment at this point. It has too much inflation at the moment. Once enough eyes are on the Chain, then big money for advertising purposes may follow. Placement content at the very least paid for in steem for corporate run contests.
Ug. There is a shudder at that thought. Subscription monitored portals might be the future. 😎
1000
If pure liquid steem - maybe ( I do not know)
But SP is different. Have you ever see this:
https://steembottracker.com/steemdash/?account=vladivostok
Every 3 seconds, by doing JUST NOTHING
sp is not different
1000 sp is 1000 steem ...vesting may be different but it's still 1000 steem, thats doesn't change
It is different, as @diginomad pointed out.
You can think about Steem Power as STEEM held in a fund.
VESTS are shares in that fund. If I'm not mistaken, 15% of inflation goes to that fund.
So if you power up 1000 STEEM you get amount of VESTS that is worth 1000 STEEM at this moment. VESTS continue to be worth more STEEM and that's why you see that amount of Steem Power you have increases all the time.
sort of
lets say for sake of argument and these numbers are not accurate for the example
let's say i powered up 100 steem....for 100 sp,,,you had 100 vests for this, if you power down you will still have 100 steem but if you power up again and a year of inflation goes by at 15% and you power up 100 steem again this new 100 sp is now only valued at 85 vests but 100 sp is 100 steem no matter what. this makes sense to me and if i am wrong i am open to better explanations. i think the vests are what determine the voting power, so this is where it might makes some changes
Yeah. The idea is that a certain value of X is represented by 10 tokens. If an 11th token is created and the value of X remains the same, all tokens are now valued at X/11 instead of X/10.