UPDATE TO THE STEEM REWARDS FUND AND CRYPTO MARKETS JULY 19TH BTC BACK ABOVE $10,445.99


The latest news .....For the moment everyone is breathing a sigh of relief that BTC is somewhat holding.
The latest drop triggered a drop in all alt coins including Steem and the Steem-Engine coins.
Something to watch is the spot price of Silver today $16.15 I haven't seen Silver break through $16 dollars in a while....pumping of the market????
Here is the latest on the rewards pool......
Remember this is the total Steem in the fund. This can fluctuate with power up's power down's ....... and Steem payouts.
Let's see where we are at !!!!!

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Todays rewards fund/pool in Steem 897,910
We are having a very choppy trend, but heading up in volume. This is a graph created by me.
let's check the USD price ......

usd.png

Todays rewards fund/pool in USD $215,811
Take a deep breath.....Not financial advice again.........
BTC is at $10,445.99 down $84.80 for the day......

Now take a look at Steem.....

The value of Steem in USD is .... .24 cents, this is the Steem feed price, if you look at the markets price it is at .239......
The above chart is reflecting the Steem feed price.....
The price of SBD is at .96 holding .....

I try to post this regularly, and when I see a larger change, and when I spot something new ....
I created these graphs personally, so I could follow the total USD and total Steem in the Rewards fund. These are strictly for educational purposes and not be taken as financial advice....... I hope you found them helpful! @silvertop does!

I believe we have something special here on Steem!!!
and I also believe we have something special with Steem-Engine and the SCOT coins!!!

Here are some links that might also be helpful :

Spot BTC: 10,445.99 -84.80
Spot Gold: 1,427.00 -18.50
Spot Silver: 16.15 -.17
Spot Palladium: 1,495.00 -14.00
DJIA: 27,289.74 +66.77
Crude Oil 55.42 +.12
Steem base feed price .24
Steem Market price .239
SBD .96
Actifit SP: 570,872.79 +25,480.80
upvotebuilders SP : 19,062 +164.00
upvotebuilders second voting account @ub-sub1 .......NEW!!!
SP : 3,898 +6.00
Steemcryptosicko SP: 52,025.66 +3,665.80

palnet.io is built on the Steem blockchain and has the same witnesses. Pal is the native token, and you can stake your Pal like powering up.
You can buy PALM and PALMM tokens that are PAL miners!

If you add the tag palnet, and now steemleo and now zzan, neoxian , sportstalk and partiko to your post you will be posting to all of these and possibly get rewards on all of these!
Just be aware that some tags like steemleo are for investments/crypto post only...

PAL token: .102
PALM token: 7.27 mining token )
PALMM token: 19.88 faster mining token )
LEO token: ..02693 NEW!!!!

A big shout out to @ketcom and the @upvotebuilders team !!!!!!
@upvotebuilders is growing and now has two voting accounts!!!
UpvoteBuilders a team of upvote builders creating better rewards for content creators through upvotes - There Is Power In Unity

https://steem-engine.com This is a new DEX (Distributed Exchange )

https://actifit.io The steem Dapp that pays you steem and AFIT tokens that are exchangeable for upvotes......... get out and exercise! :)
@actifit went live on Steem-Engine with there ISO sale of AFIT tokens....
12,000+ Steem volume and 240,000+ AFIT tokens sold that day!!

@actifit is holding there exchange of AFIT for upvote value at .036 cents, and if you post to @actifit from actifit.io you will be rewarded with three additional AFIT token's!!
Now not only does @actifit pay out upvote rewards for your steps, but also AFIT tokens that have cash value!!!!
AFIT Tokens... @actifit native Token exchangeable for upvotes @ .036 cents each!
Way to go @actifit!!!!!

Guys keep your eyes on @actifit and @upvotebuilders...... I see big things to come!!!!!

Also check out @steembasicincome Steem Basic Income is a social experiment to bring a basic income to as many Steemians as possible.

https://steemblockexplorer.com/ ( your user name here )

https://steemd.com/( your user name here )

https://steem.supply/( your user name here )

https://steemnow.com/upvotecalc.html

https://steemstats.com

https://steempeak.com

https://busy.org/

https://steemworld.org/( your user name here )

https://freedomex.io Smart Media Exchange

https://steemit.com/steembasicincome

https://palnet.io

https://steemleo.com

If you have any stats. that you would like to share, or for @silvertop to follow post a comment below! Have a good day!!!


Comments 6


Hello dear friend @silvertop, i'm sorry for such a late comment. I've only noticed your memo a moment ago.

I see that you dedicate your time and your knowledge to offer us this valuable information. Your analyzes are truly admirable.

I believe we have something special here on Steem !!!
and I also believe we have something special with Steem-Engine and the SCOT coins !!!

I also believe it and it seems to me that the scope of these coins is barely being discovered. They still have a lot to give.

At first I thought you were going to show us a relation between the price of BTC and STEEM. But maybe I got lost on the road and I couldn't see it.

As for the PALM and PALMM tokens. I had not heard of them. Sounds interesting. Maybe you have a link for me where I can get more information about it?

Thanks for sharing.
All best, Piotr.

26.07.2019 03:02
1

Hello @crypto.piotr, PALM is mining PAL tokens, and everyone that purchases this Steem engine token shares in the profits of the mining.

The problem is a lack of information about how this mining actually works.

I have researched and I have found other owners of this coin stating that they have not seen any profitable returns yet.

This could be because the price was initially up and when Steem dropped in price so did PALM.

Just my personal opinion, but before I throw money into this coin there needs to be a white paper and until then I am not interested.

PALMM is supposed to be the same mining coin, but the return is bigger/faster.

A lack of a mission statement and a lot of promises..... again just my personal opinion.
I will keep following the price, and looking for more information to pass on.
I will post this Friday my weekly Steem chart post with updates to all markets.

Here is a link to todays post.......
https://steempeak.com/palnet/@silvertop/update-to-the-steem-rewards-fund-and-crypto-markets-july-26th-btc-back-below-usd10-000

Cheers @silvertop ...Mike

Posted using Partiko iOS

26.07.2019 13:58
5

Dear @silvertop

Thank you for your kind and prompt reply. Appreciate it.

Amazing comment. However I'm failing to understand why PAL need to be mined. I understand that miners are being rewarded with PAL tokens. But rewarded for doing what? this I'm not sure. hope it's not a silly question.

Just my personal opinion, but before I throw money into this coin there needs to be a white paper and until then I am not interested.

Do you think that whitepaper matters that much? This document can be prepared and published and it may does look well. However they may fail as easy as projects without whitepaper.

What I care mostly is the team: their vision, history and mostly communication skills (in case of PALnet it's a complete failure).

Thx for your link. Will check it out right away.

ps.
Since you're so responsive, I thought that perhaps I could share with you my latest publication and ask about your own opinion on discussed subject:
"DID OUR WORLD LEADERS JUST PUSH GLOBAL RECESSION AWAY from our doorsteps?"
https://www.steemit.com/economy/@crypto.piotr/did-our-world-leaders-just-push-global-recession-away-from-our-doorsteps

I would appreciate it greately.

Yours
Piotr

29.07.2019 09:28
1

I question the mining also, I believe everyone is trying to find a a way to add profits.

Time will tell, but so many of these tokens may become worthless. I tend to be a bit cautious especially with the market being down at the moment, and you are correct a white paper can really sugarcoat a project.

I believe there will be good tokens that come out of Steem-Engine, and hopefully this will help the Steem price and grow the blockchain.

Very good post link you sent, I will post a response on that post!😊
Cheers!!!👍

Posted using Partiko iOS

29.07.2019 21:22
8

Dear @silvertop

I just realized that I never actually thanked you for your amazing comment. I absolutely appreciate it.

Yours
Piotr

04.08.2019 21:09
0