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RE: I'm NOT Sure How I Feel About This.
the steem economy will be getting some very big changes soon. in a few days which will ease the inflation and the value of steem is expected to rise.
It will go up again, maybe not to its glory days for some time but it will go up soon.
a small steady increase would be a big morale booster.
or at least not a DEcrease.
I'm hoping to buy my first bitcoin this week and then use it all on steem. should get a decent boost intime fot he steem explosion. And i know very little about crypto currency and I am really trusting the news I hear on this site and a, very few, tweets.
Stick with Bitcoin, really. If you want to invest in Steem do it with 5-10% of your bitcoins. Bitcoin is the most stable and solid crypto. Other coins are much more risky investments. Don't play in casino – build a diversified portfolio of assets and you'll be fine.
I'd just buy it to get Steem Power. Im not into trading Bitcoins or mining it.
However I could not buy a bitcoin because I am in China and using credit card from here is really hard.
Coinbase flagged me as in HK because of my VPN when I registered and they don't allow Hong Kong transactions. And then I tried to conect through a Canadian IP but they don't believe me. lol SO i am going through this really difficult verification with them.
So I decided to try Circle connecting through an LA IP and I'm waiting since Friday to confirm my Passport photo and verification.
Getting my first bitcoin ain't easy for me. lol
Then I stumbled upon EOBOT.com and I get a few pennies of bitcoin just to log in once a day and 1 free dogecoin which is worth less than a grain of sand but it converts it all to Steem for me and once it reaches the minimum i can send to Steem, again after a lengthy verification proccess. Free steem even if its pennies.
I thought Bitcoin was suppose to be anonymous yet it's so hard to do it over the table let alone under the table. LOL