I've posted a couple times on Steemit from this account but none of my posts ever made a significant amount. The majority of my STEEM came from account creation.
However due to the recent rally it seems that minuscule amount is now worth $133! Is this true?
I'm finding it quite hard to believe. I understand how powering down works, so I know it it's not as simple as that. Either way, I'll be keeping it in Steem for now because this platform is no-where near reached its full potential yet.
Does that mean a reasonable Steemit strategy would be to create lots of accounts when STEEM to $ is low then wait for the next bubble? I don't want to undermine the system in any way at all, I'm just curious if that is indeed the case. And if so, is there anything to discourage this activity (and activity like it)?
I have another idle account that I started before this one which I couldn't access due to lost password. Well, in searching for the password to this account, I found my old accounts password too! However now I can't remember the username haha, so there's likely another $100 or so sitting in that account.
I understand the value of being on a platform like this early, but this is the first time I've seen that value translated into actual money, and it is glorious.
Long live Steemit!
fishbrain