I am normally a little negative in my approach to some things at Steem but there is one thing that does bring a smile to my face. As price of Steem increases, the value of the post payouts go up. Of course, it is a little bit of a lie as essentially, the same amount of Steem will be generated but, it does feel like things are happening on platform too.
At the moment, price is up about 20 percent which means a 10 dollar payout in ~3 days will read about 12. Now, here is a little bit of an opportunity isn't there since there will be 20 percent more SBD generated also (at 50/50) which means for those interested, they can perhaps buy a little extra Steem.
Since I am a long-term investor here, the current prices of steem are irrelevant since, I am not going to sell. The SBD price is only really significant because of the Steem I might buy with it so it is nice to have it high even though it isn't how it is meant to work. When I think of price, it is about future potential price.
Some people will only post when prices are high but for those who are thinking long, even 1 Steem now has the potential to be worth 20x that in a year. Yes, it is not guaranteed and is a risk but that is investing. For those investing now, the potential future of steem price outweighs the current and earning even small amounts of Steem now are seen as valuable.
And perhaps this is where the feeling comes as prices of posts increase. Maybe it is a reminder that there is a tomorrow where the investment and groundwork laid starts to build into something much larger. Maybe people should ask themselves what their time is worth today and, what today's time might be worth tomorrow.
An hour invested into the right thing at the right time may be worth 100 or 1000 hours invested into something else. Tie is a resource so don't waste it, patience is a virtue so invest in it.
Taraz
[ a Steem original ]