Quote from: Mickeyb on July 21, 2016, 02:22:29 PM

It's on POLO & everywhere, it means they are growing. If you wont get hospitalize if you lose those 3 btc then HOLD.

I won't get hospitalized haha. But I hate seeing my BTC count go down. There's a certain amount I want to HODL in case we see another rally this year. I think I will just rebuy when I get paid tomorrow.

Quote from: raphma on July 21, 2016, 02:23:04 PM

you still are on the top of the scheme, so calm down Cheesy

we have time to make some profit and get out.

Yay I'm on top! For once!!

But here's the thing... if I power down now I have to wait a full 2 years to get my 3.6 BTC back. That's an eternity for bitcoin. I'll basically be getting payments of 0.0346 BTC every week for the next 104 weeks.

My concerns about that are:

1. What if BTC skyrockets and steem value stays the same?
2. What if Steem gets hacked again within that time?
3. Time value of money... having 3.6 BTC now is much better than getting it over the course of 2 years
4. Am I really trusting that the Devs have thought this through.... that they not only understand crypto but also ECONOMICS enough to know that this ecosystem is sustainable?

Since I powered up, the obvious choice is to HODL and keep gaining interest on SteemPower. My reasons for powering up were:

1. The interest that SteemPower gets is very good, every time I refresh my SteemPower grows
2. This high interest rate will only last for 9 months... so might as well take advantage of it
3. The user growth rate is extremely impressive. It may be the first "killer app" in crypto
4. There is a small chance that I could be a REAL early adopter of this... this is only 3 months old
5. Since this is so new, and already getting so popular, and only has 30K users at the moment.... the growth side is huge, and even if this platform ends up NOT being sustainable.... there's a good chance that at least for the next few months it keeps on growing, I keep on acquiring interest on my SP and by the end of 9 months I am HOPING that I have acquired a lot of interest and the Steem price has at least doubled to make my investment worth it