You are viewing a single comment's thread from:

RE: Let's Talk—Why Are You Not Buying and Powering Up Steem?

in #steem7 years ago

It seems strange to me that people would be powering down so much. They're sacrificing the potential for a continued income stream for a little bit of cheese today. Yes, it's nice to be able to take money out, but when that costs you in the form of less ability to make Steem great, less ability to make your opinion count, and less payout for the work you're doing, how does that makes sense?

For example, it's like telling your boss that you want an extra $100 now, but he can take $0.50/hr off your wage. For that $100, you paid $1,040 over the course of the year!

The main reasons for doing this are:

  1. You're leaving and don't care about the future income stream (cashing out)
  2. You want the money for other things (rent, food, other investments)
  3. You don't believe in the platform
  4. You think Steem is going to drop and are locking in gains/getting out before the dip

I'm planning on continuing to power up, but everyone is different. What do you all think?