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RE: Blockchain bible and crypto church | A compendium for the friendly crypto investor from next door

in #cryptocurrency7 years ago

I wouldn't be worried about the inflation here. It's way lower than it was before (:

Look up Metcalfe's law and you will understand why it's important to spread this amount of steem (:

There are a lot of good investment opportunities, but if you don't have the money for it then maybe you should safe the money first?

I also love Dash and there upcoming Evolution wallet. It's a 8,5% annual return and has a good chance of mass adoption (:

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In your opinion Dash is better than bitcoin? What do you think about Litecoin? Is litecoin just a copy cat and is obsolete? I like Dash as well. They are proof of stake, correct?

Nothing is better than Bitcoin... Differenz coins have different strenghts and you can't compare it that simple... (:

I'm not a fan of Litecoin, but it has a reason to exist and I wish it good luck!

Dash is a mix of proof of work and proof of stake (: so you can also mine it.

What about steem power? Let say for example I am holding steem power in my account and the price of steem goes up, does that mean that my account value will increase ? In other words steem power is the same as the market value of steem? And let's say I have 1000 dollars of steem power and the price of steem goes up to 10 dollars, does that mean ill have 10,000 dollars in my account value? Oh and do you think Steem will be in blood bath in august along with the other coins? Sorry for all the questions and thank you for being so tolerant and helpful :)

Yes everything you say here is right, but remember that you need to wait 13 weeks to power down all of your steem power... and in this 13 weeks the price could drop significantly (:

Yea, 13 weeks is not little (:

Well not too long ago you needed to wait over a year for the full power down... so it improved at least a bit :D

oh yea dude, that was insane :D

Yeah it was :D

And only god knows what will change in the upcoming hardforks...

So what is your conclusion, what are you going to do? (: