Hi
Today I thought to take on a question I've been wondering about for a while, why do people sell Steem instead of power them up?
Well I'm a newbee here at Steemit, but already from day one I saw that "the name of the game" here is Steempower. (shortens Steempower to SP)
The more I've studied Steemit, the more it sounds clear to me, get as much SP as possible and keep them as long as possible.
Daily, Steem is sold for incredible sums and I find it hard to understand that so many people choose to sell Steem instead of power up, they miss the opportunity to earn the really big money sometime in the near future.
I'm no preacher, rather an optimist, but as far as I can see, both the crypto market as a whole and Steem's place here, especially now that we were told about SMT by @Ned ( also recommend everyone to watch the video from @Stephenkendal https://steemit.com/steem/@stephenkendal/why-the-proposal-of-leveraging-the-steem-blockchain-with-social-media-tokens-is-massive-news-effectively-becoming-a-gold-backed )
I cannot understand that Steem not will be among the leading, perhaps the biggest crypto currency in the long run.
If you constantly working to increase your SP, either in the form of blogging to get votes, receiving curation rewards by voting on others or buying Steem via exchanges and the like, one would slowly but surely increase one’s value here at Steemit.
Have tried to discuss this with other Steemers in real life, but none of us have become any wiser of all this craziness in progress in the form of Steem sales.
Can anyone please explain this madness to me?
My new moto is:
Regards
@Gyldenhorn