I just surpassed 15000 Steem Power and I feel great!
A couple of weeks ago after buying some Steem, I realized I would reach 15000 SP very soon. I don't know why, but it's not enough, I'm not satisfied, I need more, more, more! But how much more?
I felt like this achievement called for a tacky photo, but not tacky enough to make an animated .gif, maybe I'll do that if I ever reach 50000 SP and turn into an orca.
Vesting Shares 15,029.491STEEM|29.656MVests
It feels like just the other day, I crossed the 10000 Steem Barrier. Actually, that happened on September 15. No, I didn't earn 5000 SP in two weeks. That's very difficult for anyone who isn't a whale or very famous around here. I haven't even earned 5000 SP since the beginning of 2019.
My Tacky Achievement Award
I've decided to give myself an award because "why not?" I've been copying and pasting the same stuff I made when I first reached 50 rep, 1000 SP and then dolphin at 5000 SP.
Perhaps even better I found an old photo I took using a 3.2MP Canon Power Shot at the Buchart Gardens in 2004. It was their 100 year anniversary, hence the 100 years in bloom. I was spending a summer in Vancouver at the time.
~ Oh, the memories. Back then you could still say stuff like: Oh! Look at those busy gardeners planting flowers near the 'O' and the 'M' ~ Calling someone by their profession wasn't offensive back then.
I miss those days. Maybe I'll post more pictures I took back then.
So what do you think of the 3 dolphins jumping out of the Ross Fountain? In case you didn't realize, those dolphins aren't real.
Setting goals is important and making your own trophies and awards for achieving them is fun.
This muscular dude is climbing an outdoor climbing wall. He looked like he was in his late 40s. He was absolutely ripped, looked like he greased himself up (just for the additional challenge when climbing), and everyone was excited, especially the ladies watching. Damn I hope I look like that when I'm his age, or ever.
Reaching the top
I'm not sure what my actual goal is for Steem. I'll definitely stop buying it if I ever reach 50,000 SP or Orca Status. However, I'm really going to slow down after I get to 18,000.
I'm sure you are asking, why such a weird number? Well, I've figured out that it's not actually all that weird. You see a full 100% strength vote at 100% voting power is just over 1 full Steem at that level.
If I get about 12 votes and just vote myself 12 times, I can earn 12 Steem a day. Sounds like fun? It also sounds like a good way to annoy people.
Actually, that's only half the story, the vote will be worth 0.5Steem to the author (I don't self-vote much these days), and 0.5 Steem to the curators. In any case, it will raise the rewards by about 1 Steem. I think that's kinda neat.
I actually stayed to watch these guys for a while. You can't see the other guy in the photo, but climbing without a spotter is dumb even for Jack the Ripped. Anyway, he made it to the top, every time actually. The dude can climb.
The Price of Steem
Steem is low in value now. That's why it is easy for me to buy a lot. Like everyone else, I use money. I don't have unlimited supplies and can only afford to spend so much on Steem. I actually, don't care what the price is too much now. However, as I get closer and closer to my top goal of 50,000, I'll probably hope to see it rise.
To be honest, I'm more concerned in the drop relative to other blockchains, OMG we are almost 90th, than anything else. Dropping out of the top 50 was awful. Dropping out of the top 100 would be devastating. I'm not going to sit here and pretend this isn't possible.
I don't suffer from delusions that one event or development, is going to magically save Steem. Challenges and goals need a lot of work in order to succeed. I have high expectations.
There are actually a few climbing towers in the park. This one looks quite nice from behind. It must face some expensive houses.
Meetups and Events
There is a lot of talk about the need for more meetups and events, especially from people who go to meetups and events. I don't want to assume all the effort is in vain or it is unnecessary especially since I've never been to one. However, I do wonder how much value does it add to the blockchain?
Personally, I cringe a little at the idea of live meetups and events. Acronyms like MICE scare me and I prefer well-written statements or posts to any speech or email. Too many charlatans in cryptocurrency. Whenever I have a meeting at work, I try to find excuses not to show up. A 1 on 1 conversation is much better. If need be, stream it. I can watch it at my desk. Actually, I watch Steem stuff from the comfort of my home.
Although meetups are fun for some, I don't think any blockchain should focus too much on this. Are they the best place to exchange ideas? I mean Steem is a social media platform, every post and most chains have social interaction.
Don't get me wrong maybe some awesome ideas are shared and some deals are made, but more of these probably get done behind closed doors or via smart contract. Steem is excellent at making immutable interactions.
This fellow wasn't quite as good at climbing as the other person. I do think this was an easier trail because you can hug the edge. However, I'm not a climber.
Are meetups and events effective? For what?
I've never been a fan of speeches. Steem doesn't really have a single super-star like Ethereum or Tron, and I don't even know if that is a good thing for long term success.
I think it keeps people who are interested, interested. Something is going on. A lot of people are anonymous and don't like this idea. However, meeting in person builds trust. It gives Steem a face.
Can meeting up be useful to introduce new ideas? Probably. But, I keep asking myself the same question. Does it add any value?
Bitcoin has nothing but infighting. The founder is an anonymous pseudonym. Bitcoin does well. Why does Steem need this? I'm not a top 20 witness. Do they meet up? I'm sure some do, especially on Discord. Do developers need to meet up? Probably sometimes. But mostly, they just use GitHub or have closed-door meetings.
So who needs to meet up? Who wants to meet up? I'd meet up in Korea. Actually, I thought of going to Thailand, but I decided I wanted to buy more Steem. I recently took two out of country vacations.
There are actually 3 climbing walls here. One looks like a beginner's area, the other is nice and shaded and looks like a cave, the final one is for experts like the dudes I was watching.
Looking for The Bigger Picture
The most important thing for Steem is figuring out the bigger picture. According to some, it is onboarding. Well, duh. But can you just introduce people to Steem and hope for the best? I don't think so.
Some people have asked, is it the best time to onboard? Hey, I have a pitch. The market cap and rank of Steem have declined drastically. Compared to Bitcoin and the other top cryptocurrencies, Steem has continually underperformed...but hey trust me, everything is fine. We just had Steem Fest! and soon we will have SMTs, I promise.
Sorry for the pessimism. Did I mention I've bought like 6000 Steem in the last couple of months?
I really like watching them jump off when they reach the top. Doing it from the edge with the sky in the background makes it look that much more awesome. I could easily frame it so it looks crazy. Next time, maybe.
What can be done?
I'm not going to speculate on why Steem failed or what is necessary to increase value. However, I will say one thing. It won't be meetups. It won't be advertising, speeches or onboarding. It definitely won't be Bitcoin increasing. It probably won't even be SMTs.
I'm going to use it as a catch-all word here. It will be development in general, not a specific development or event. And not just blockchain or software developments or some random event like BTC surpassing 15000 USD or Steem surpassing 1 USD. Sorry, we need all-around development.
There are just too many damn blockchains, cryptocurrencies, and social media platforms. They all steer one way or another. Some are even looking like Steem. Every chain has its strengths and weaknesses.
I'm not dismissing or writing off a lot of the ideas to improve or 'save' Steem in this post. But none are a catch-all solution to the issues with Steem. On their own they are weak. As a catch-all idea, they suck and will fail.
Steem is decentralized. We need decentralized development.
If you change your view a little, you get to see how difficult the challenge really is. This is not an easy wall to climb.
Decentralized development is the idea that millions of people can do millions of different things all to improve Steem in a million different ways. Crappy ideas will fail, good ideas will help.
The best part is the ideas are scrutinized. And much, much later, we can look back and find out why ideas succeeded and why they failed. A lot of it is recorded.
I've always thought Steem's biggest strength is the delegated proof of stake and the witness consensus for hard forks. Another stake is the Steem blockchain is centred around a decentralized social media platform. Blogging isn't just one thing you can do on Steem it is a core idea. Steem is more than just Steemit or blogging. But, we cannot discard blogging and exchanging ideas all in one place. You see, this will allow Decentralized Development.
If decentralized development picks up, that is tractioin. That is the event we are looking for. It's nothing specific and it can't even easily be pinpointed.
I don't think it will be a single event. I don't even think it will be a single decision.
I dismissed SMTs earlier, but I do think they will be the catalyst that is needed. I dismissed meetups too, but I think they give traction and hope.
I didn't dismiss tribes or communities, especially with the unprecedented security and assurance SMTs offer compared to SCOT-tokens, this is great. I hope to see a diversification of ideas on Steem. I want to see the ideas discussed and scrutinized. Let's see what happens. I'll be buying more soon. Next I'll probably be in the top 1000 SP holders and then I'll reach my goal of 1 Steem per full upvote.
The climbing walls I showed are in Gwang-Gyo Lake Park in between the two lakes. I hope to make it to the top one day.
I've decided to go with a climbing theme. How did I do?