I made it to 70 rep! Thats another milestone passed. To be completely honest I never thought I would make it this far when I started.
I'm quite pleased with this achievement, but before you congratulate me, I have to thank ocdb and other bidbots. I couldn't have done it without them. I would also like to thank my 5000 Steem investment amd those who designed the system. It really helps.
Also, gotta give a shout out to powerhousecreatives and all the smaller initiatives I am involved with and the people I engage with regularly. I come for the rewards, I stay for the engaging content.
I remember I struggled for about 5 months and didn't have Steem figured out for about 1 year. Unless you are a developer, really study, or a pro blogger it can be tough. Although I joined in November 2017, I didn't really blog at all until May 2018. I was fairly antisocial until arpund September 2018. Altcoins were just to hot back then and basically, I focused all my efforts on them. Also, I couldn't write for my life. I still can't.
Well, long story short, Steem is around 1/20th its highest point (ATH). I was a member when it was 7 or 8 dollars. I remember saying hell no. I joined to do some part of an airdrop or a bounty. It was worth it because I got into Steem as a result. Overall I'm up on Steem. However it's because I get more Steem from using Steem a lot.
I reached 50 rep around August 2018 which was around 4 months after I wrote my first Steem blog. I think I had written around 15 or so blogs. To put that into perspective, I helped make my friend an account the other day, showed her the ropes and got her to 50 rep after 1 or 2 posts. It's much easier when you have people who know what they are doing (with a little Steem Power) helping you out. Obviously, bid bots came into that, too.
I hit 500 SP around July 2018. I think I bought 100 a few weeks earlier, decided I could make money investing and went for more. I hit 1000 around December when the price crashed. I think I made 150 SP blogging in my first 6 months, I bought almost all my SP. I got to 2000 SP by new years and 5000 by the end of January. Bottom line is Steem was below 30 cents and I was in a buying mood. I was a dolphin. It wasn't long after, I think Mid-February when I hit 60 reputation. By then I was using bots and had just started blogging every day.
Getting to 70 was tough. It involved writing around 100 blogs after I reached 60 rep and probably spending 1500 or more SBD promoting them. Maybe this is why people love to hate bid bots? I don't know, I always try to write somewhat decent content. Or at least I put in effort.
Some of my friends didn't believe I would get to 70 this fast. I said it would happen before July, so I have done it in a week to spare. I wonder how fast it will take me to get to 80? There are only a couple people up there or anywhere close to it and they are all active whales or very large orcas with 200,000 or more SP. Who knows, maybe I'll just buy more Steem amd become the next haejin. Hell I'll tag myself in this.
That all being said, I have tremendous respect for people who never use bidbots and get to 70 Rep without whales helping them too much. From what I have seen, only developers, community leaders, OG Steem people and maybe pro-bloggers or artists who've made money off other platforms can get there without investing. I don't know. Maybe really active people in huge communities? It's tough.
I hope we see more good bots like ocdb that white list users and don't force them to take negative ROI. I don't care if it's a sliding positive scale from say 1% to 10%, but losing money sucks, especially for people who are broke or consider Steem an investment.
Ideally, in the future maybe we just want content creators and curators, but for now, Steem is still early in its development. Steemit just came off beta and HF21 is the first post Beta fork. We still need people into Steem purely for investment purposes. Few people actually need Steem as you can gamble and play cards, socialize and blog else where for free. A few uncertain cents an hour is hardly going to inspire peoole who can work for $10+ an hour (potential investors). We need more users of all types, bottom line. I think if curating APR remains much lower than delegating APR after HF21, we will have a problem.
I also wanted to mention about Palnet.io this is cool and I've been tagging it. Actually I sold all my pal immediately. But I'm staking it now. I kimd of wanted to start fresh and here is my chance. Obviously, I wish I sold now, but who knows? Palnet will last. I'll write about it in a few weeks when I figured it out, I guess.
My next goal is to get to 7777 SP. I say this because it is a cool number and actually, I want to try to make 50% more Steem than I bought off market while inflation remains rampant. That takes around 2 years if you delegate well, but I think I can do it by my 2 years anniversary since I blog and engage a lot and will try out curating to play ball with HF21. Considering I've only had most of my SP for 6 months, that's impressive (too much if you ask me). I'll do a Q2 analysis in about a week.
But enough of where the Steem economy is at and where it is going...I just wanna say WooHoo, 70 Rep!
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