Could @spinvest go mainstream on Steemit? Is it possible
Hello everyone, im just back from work and and checked on tokens sales and all i have to say is today i will be mostly talking about what i think the future is gonna be the SteemPower Investments club. The rolling has stopped rolling and is literary bouncing down the hill smashing earning targets and increasing total holdings by double percentages week on week. I dont say this lightly but i feel that @spinvest is wonna become a big player on Steemit, something like SBI, minnowbooster, TipU, ect. We have built a good foundation over the past 8 weeks and it'll only get better now that we are an investment club now with an agreement in place. Let's keep doing what we are doing!! If you are new and thinking to yourself, whats all this? Please quick through my old posts, check feedback and than check the wallet :)
Steem powered investments @spinvest has been set up to offer an investment fund based on funding from STEEM POWER. Investments are funded through extracting value out of STEEM POWER and taking advantage of STEEM's high inflation rate. The aim is not to get rich quick; the aim is to build a safe portfolio of investments that will stand the test of time while insuring all investors starting capital is not at risk. Full details can be found here
When SPI Launched
The idea was to sell SPI tokens for a few years aiming to earn 20% per year and sell around 2000-5000 SPI tokens per month. The project was set in mind that investors would buy 1-5 tokens here and there and build holding slowly over time. There was supposed to be lots of time to earn STEEM before paying out rewards for hitting token issued targets. From my original predictions, there should be around 8000-10000 tokens issued including my personal (SSUK) 5000 token holdings.
What's Happened?
It's exploded, people are calling me a genius, people are saying it's best STEEM investment on the blockchain, they are buying tokens in hundreds and thousands, the price increases and we sell over 1500 SPI tokens in 10 hours and powered up over 2000 STEEM today. All of this is unexpected and not planned for, this was not the plan. It is much better and now im starting to think that the pipedream i had might become a reality. The pipedream is to be completely mainstream on Steemit and have a status equal are greater than something like SBI shares.
The future
The ways things are going at the minute, the pipedream could happen, maybe on a smaller scale than SBI but up there with the biggest STEEM accounts. There is no reason why @spinvest and it's club members and investors dont belong up there. Everyone is welcome, investors can start with any amount above 0 and club members are required to have 10 SPI tokens ($2). New investors are jumping on board every day and today's trading volume on the steem-engine exchange was over $150 and way more than normal. If this continues and things keep growing like this, the token distribution rewards will need to be rewrote. That may sound bad but keep in mind that the @spinvest account is growing faster then planned meaning we might have to give up some small rewards then to get some bigger rewards quicker then planned. The future is very bright indeed and things are going to go from strength to strength.
The main plan i unchanged and we will continue on as planned
- Sell SPI tokens
- Power up all monies from token sales and earn upto 20% per year by filling lease requests
- Use STEEM earned from leasing to fund other investments
- Sell 1 million tokens, decentralize the whole project and give it the community to run.
We have 266 STEEM in the Saving's Wallet
What do we do with this?
Right now with the price of STEEM so low the best plan would be to invest it into something on the STEEM blockchain but we also own a small amount of BTC which is being held on an exchange. I would suggest that use 200 are all of the STEEM to get BTC and then withdraw it a platform like celius to earn us some passive bitcoin interest, then only invest into STEEM blockchains projects until the price goes to 30 cent are something. Just thinking out loud by the way.
That's about it for today. Sorry for not providing a bunch of new info, its hard to keep up, haha.
How to buy SPI tokens
Below are the new steemconnect hotlinks that allow investor's to buy directly from @spinvest. Each token is priced at 1.15 STEEM each and beside each link is the true STEEM cost to reduce confusion. You can also send any amount directly to @spinvest and i will issue you SPI tokens to 2 decimal places for the value of STEEM to send. All tokens bought directly will be sent to investors SE wallets within 24 hours but most likely much sooner.
Convert other steem-engine tokens to SPI tokens
Most of us by now earn a few different tokens through other steem front ends are have been airdropped tokens during launch ect. I have wrote a step by step post that shows anyone how to convert other steem-engine tokens into SPI tokens. You can learn how by clicking here
Get in contact
Discord Invite - Click Here -
I go by silverstackeruk#3236 if you would like to DM me
And the cherry on the cake
What do you have to lose? What token has a operator with so much faith they offer a 92% buy back
Resteeming is a wonderful way to spread the word and get as many eyes as possible on this. Let's get a buzz going
Wow, good to hear token sales are going so well, and nice to see the list of new investors growing as well. I had a good chat with @super-irie yesterday, brought here by @conradtsuperb. Nice to see those referrals :)
I was wondering about fund growth against token sales, as it is all happening so much more quickly than anticipated. Be interesting to see your revised thoughts (when you've five minutes away from administering token sales) 😂.
Token sales increase growth. Every time a new token is issued, the true value goes up. This is because tokens are issued at 1.15 STEEM and the true token value is 1.07 STEEM. When the true token value is over 1.15 STEEM, you will all lose a little bit each time a new token is issued until the price is issued again.
Filled a bunch of lease requests there, check it out :)
and im gonna up tipU delegation to 2000SP earning us more tokens 😎
So it's like an equilibrium thing ... it evens out over time :)
Look at those lease fulfillments!
it's a beautiful day here, I think I'm going to do ... nothing ;)
Glad to see you have met @super-irie, a good friend of mine !! He immediately invested as soon as I told him about the project 💪🏻
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Indeed, why not buy the BTC or LTC with the steem and put it in celcius... I like how my account is ticking up there every week. Monday is payday now hehe
I think we should. It would to nice to have something earning a tiny bit of passive just to show off :)
Celsius is cool, I have a tiny bit of DAI in Nexo too, just as a bit of a test. I would have bitcoin on there but it doesn't earn interest. Supposedly it will though, soon™️. If that happens, it could be interesting because they pay interest daily and it compounds, something that Celsius doesn't do...
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I would get one of the stable coins and put it in nexo. You get compounded daily interest and the coin Is stable so no risk of it going down just interest compounded. Plus zero withdrawl fees.
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I dont think stable coins are backed 100% and fear there will b problems with them down the road. We have a small amount BTC on an exchange which is stuck there until we can withdraw it.
Probably best leaving it there for now and converting back to steem later if price keeps going down
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STEEM has been pulling back the past few days
At this point, since you are talking 200 SP, I would vote for adding to the BTC position. It is already an open investment vehicle and the STEEM/BTC price is strong. Might be a great time before an altcoin run.
2nd, i'll check the BTC to STEEM ratio when im back home from work in around 10 hours
yes time for a next big vision
You welcome share...... :)
I don't know much but I think thee is currently a good staking reward for XLM on Binance
Thanks for the info, i'll look into it.
Just joined the journey, let's see where it takes us
I still owe you tokens. You should have them by the time you reading this.
Welcome and let's see where we end up indeed