Another good month Jeff!
It's interesting how much difference the market makes. Not really sure what would happen if we had ~$10 STEEM or more, I wonder if because the rewards go up it would increase sell pressure and make it difficult to reach/maintain that high-value figures.
Does the course you were on help you find a dev role?
If you're looking to do more videos/info posts on STEEM i'd really like to know more about what impact the Burn posts are having(assume you ave seen them).
✌️
Yeah it is definitely crazy how much of a difference the market makes -- I'm curious about what would happen if STEEM rises to $10 and above also. Do you think in that case it's just a factor of the volume of users? Kind of like with the market in general. So a big price spike is usually met with some sell off, but as more people enter the market that are interested in holding, the price continues to rise.
Yeah fortunately the program I'm in gives me 6 months of time with career services to help me find a job. Very curious how the job hunt is going to play out! It will be crazy if I can get a job that pays a normal salary after doing this program for about 6 months.
Actually I hadn't read about the Burn posts before, but I just checked it out. So it's just attempting to pull some of the rewards from the market because scammers have too much of a reason to scam right now?
Thanks for reading and your support!
There is a calculator on http://steem.supply/rewards but it doesn't take into account how the change in STEEM price changes the value of upvotes.
yesterday I watched this video (https://steemit.com/abuse/@lyndsaybowes/steem-rant-1-myths-about-flagging-and-the-reward-pool) which I still need to re-watch/do more research on but it changed the way I thought about the reward pool. Now I don't know if I understand it correctly.
I originally thought the reward pool was roughly ~700k STEEM per week that is divided by the total posts values.
I think you can. 💯
From what I understand the burn posts are somehow an aim to reduce the price of SBD. not really sure on that one though.