The image above was taken a few minutes ago on steem.supply and it shows that the reward pool is over 713,000 STEEM. Usually, the rewards pool sits somewhere just under 700,000 STEEM, so we're seeing an increase of almost 2%.
In US, at the current price, this would be approximately $44,850.
This may be due to a few factors (or a combination of all):
- less activity following a slightly bearish / stagnant STEEM price
- overall fatigue following two very full months in the crypto world
- consolidation of long-term adopters of the platform (as opposed to opportunistic accounts, which may stop using the platform, given insignificant ROI)
- less claims
- none of the above, just random stuff
Whatever the reasons, I thought you may want to end this weekend with this thought:
"What if, at my job, my boss would tell me there's an extra $45,000 to be made next week."
If your boss will come tomorrow to you and tell you that, what would you do?
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
Wanna know when you're getting paid?
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I know the feeling. That's why I created steem.supply, an easy to use and accurate tool for calculating your Steemit rewards |
Time to get writing more posts
With 45K it usd right? I probally use 80% to buy steem using diff exchanges of course. The other 20% to buy obits, I want to have some say in openledger.
It can be tricky to squeeze the fifth factor (none of the above) into (or combination of all)
he he ;)
nonetheless, worth a try, isn't it? :)
is it hard to achieve such a result?
and have you ever been saturated when you still have not succeeded?
many, many times. As an ultra-runner, you get used to this feeling.
thank you, hopefully I can get used to it and I will try to be as successful as you, thanks for your support
I would go to look for what apartment or house can I buy with that money :))
good call :)
I'll keep taking a slice. Its just amazing how much certain people keep making. When there's millions here the slices will be smaller
I'd be suspicious and skeptical. An extra $45000 ... for whom ? And where would that money come from ? Is it money from one pocket going into another ? Or more money for the "#rewardpoolrapers" ?
I begin to think for instance that "contests" are scams - I see every old fox organizing contests and I don't know exactly how it works but I'm sure it's profitable for the organizer ...
I wish!
I've run two rounds of my Steemit Ultra Marathon game and lost a bunch of money on each one.
I'm doing it because it's fun. Yes I'd like to make money on it eventually, but for now I'm paying for the privilege of running the game.
Ok, interesting contribution, thank you. Probably you haven't discovered how to do it profitably yet ? Maybe Jerry Banfield could teach you how to organize a profitable contest ? :-D)))
hehe maybe. Part of the problem is I'm offering a reasonable purse (30SBD) but only getting a few players, none of which are whales or dolphins, so the amount the posts earn is minimal.
That's ok for now. I'm hoping if i get more players involved that I'll get more votes and then the post won't be costing me money.
Or I may need to lower the prize money available.
I tend to think that people who will get that money aren't suspicious, nor skeptical. But I might be wrong... :)
Of course they aren't! They have rigged the game already and all they need to do is to open their wallets and the extra money will flow into their wallets effortlessly :-)
might be.
Also, that too, shall pass...
@dragosroua, the "WORKAHOLIC-WITNESS", I will do the needful - nitty-gritty. 😂 😂 😂
A news about an increase is one news which always tickles our ears as Steemians. 2% is huge. Truly in every croud there is a silver lining. I could never have thought that the stagnation in the price of STEEM and SBD could spell good on the reward pool. Quite impressive.
About the last question. I would probably tell my boyfriend that for the whole of next, I'm gonna be spending the nights in the office. I'm serious. Why would I come home?
I think it's very crucial (especially this year) to accrue as much steem power from authoring as possible. I myself am guilty of posting less often than I used to and it's mainly due to time limitations due to my full time job and busy schedule. I can always come up with some excuse why I don't have time or motivation to post but those excuses are not always valid.
I'm trying to get back to posting at least every other day because even if the price of STEEM is down I'm still accruing SP which could be very valuable and harder to earn in the future as the platform grows and the user base expands. One post per day is my ideal amount although I sometimes wish I had more material I felt was worth sharing and could do multiple posts in a day. This just isn't feasible unless I were to just throw together some low quality post in a couple of minutes which I just can't bring myself to do for so many reasons.
What I'm doing now and in the foreseeable future is converting my SBD earnings to STEEM and powering them up. I want to have 10K by the end of this year at least and it's kind of hard for me to pay $3-5 for STEEM when I was buying it hand over fist for just a dollar each several months ago. So I rely on consolidating my rewards into SP and also earning more through delegation rewards and powering those up too. I like to think some day I'll see this as one of the best decisions I've ever made financially if the price targets I've seen from some people who do have credibility are hit in the coming years. It could literally be life-changing. It just requires some extra time spent writing and having faith that the time investment is a wise decision (which I believe it very much is).
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It's a blockchain prop, you can get it via an API call, have a look at http://developers.steem.io.
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If my boss should tell me that?... well i will do everything in my power to get that extra cash... put in extra hours, be more innovative and all
A news about an increase is one news which always tickles our ears as Steemians. 2% is huge. Truly in every croud there is a silver lining. I could never have thought that the stagnation in the price of STEEM and SBD could spell good on the reward pool. Quite impressive.
About the last question. I would probably tell my boyfriend that for the whole of next, I'm gonna be spending the nights in the office. I'm serious. Why would I come home?
Work my butt off to earn more knowing that there are potentially $45k left on the table. Thanks ;)
Wouldn't do anything. My salary doesn't offer that:)
Everything is settled and not to be changed :))
Otherwise he would come the week after that and claim, there is 45k less this week:))
"What if, at my job, my boss would tell me there's an extra $45,000 to be made next week."
I would work even harder and even spend my extra free time on it!
Hmmm. $45,000. What would I do @dragosroua?
I would give $20K to each of my children so they could get onto the property ladder and then $5K off our own mortgage.
Nice post, thanks for sharing
Good post, I like that and I always follow you!
For me or for the boss/company?
Awesome. Thanks for keeping us posted. Happy to see more $$ in the reward pool. Post in the high times and the low! I can sense the fatigue in the community overall; a natural ebb and flow.
seems like spammers who were here for that high price of sbd are gone with that
Well, it increases my share so I am happy for now :)
I would be out there busting my butt so I could get a bigger piece of that pie. I guess I know what I need to be doing on here as well. Thanks for the heads up!
Steem is really getting much recognition these days.
Nice catch, I wouldn't have thought to check it!
It is an interesting increase indeed, but no one will get an extra $45,000 next week from it! We'll just have to be active and we'll see what this increase means when the rewards come.
If the boss would say there's an extra $45,000 to be made next week, I'd ask what do I have to do for them? :)