Vlog 173: Steempower is in high demand + You haved 30 witness votes. Use them.

By @exyle12/30/2017dtube

Anyone that has Steempower can 'delegate' this steempower to another user.

The STEEM is then still yours but the voting power is given to someone else. (you can take it back at any time)

Almost every day I get contacted if I'm interested in delegating my Steempower for a fee.

Personally, I don't do this at the moment but it could sure be interesting for investors. (people that believe in the growth of the platform but have no interest/time for blogging).

My brother recently invested in the Blockchain and has delegated his 600 STEEM to Minnowbooster. His return on investment is 0.45 SBD per day at the moment.

This renting or delegating of Steempower is something I can only see growing when the price of STEEM increases because it will simply be more and more expensive to buy a stake. Also in the future when SMT's come out Steempower will be needed to use bandwidth on the network increasing demand.

I do think the current demand for Steempower is driven by the high SBD price. But recently I learned that SBD does not have an upper limit so who knows where that will go. (I don't have a crystal ball, I can't answer it).

At the moment I am selling my SBD for Euro. I'm building a small buffer outside of crypto to mitigate risk.

Witness votes


In my vlog, I also talk about witnesses and why it's important to vote for them. (starts @4:17)

Do you know you have 30 votes! Use them!

We have written a blog post in the past about the role of a witness here if you rather read than watch a video.

If you want to vote for a witness outside the top 50 watch this video by fellow blockbrother @eqko on how to do that.

If you want to support my witness. Please vote for @blockbrothers and not @exyle. Only @blockbrothers is registered as a witness on the blockchain. If you type in @exyle it does not register.

A list of all the witnesses you can find here. We are currently in spot #66.


https://steemitimages.com/0x0/https://steemitimages.com/DQmf84t6h3Ds3PRaKvNgnSgL9WZuWzphjXhBKJDfpGDun4g/Exyle%20logo%20final%20_%20RGB-04.png


I am a witness with our developer group @blockbrothers for the Steem blockchain. If you want to support us I would appreciate your vote here.

We build Steemify a notification app for your Steemit account for iOS.

Get it Here:


https://steemitimages.com/0x0/http://polyverse.nl/images/steemit/misc/witnesvoting_crop.gif



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