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      "body": "Zero HIVE\n<center>![HiveThumbnailSmall.png](https://images.hive.blog/DQmQTiu35Wp7hfzbm7vGwbbuTECK7vJwiF8HbRVejhUENMh/HiveThumbnailSmall.png)</center>",
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{
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      "author": "cryptographic",
      "body": "If you’re an active contributor and you also own STEEM, powering up is simply a no-brainer! Let me tell you why I think so.\n\n### <p>The Main Reason </p>\n\nAs an investor in STEEM, and an active blogger and contributor, it just makes no sense at all not to power up. First and foremost, as an active contributor, powering up is the best way to get the most out of your overall contribution towards the continued success of your investment. Obviously posting quality content is extremely important to begin with, but **with Steem Power your curation also works towards the goal of ensuring that Steemit is a trusted source of quality content**. Quality content is what will drive Steemit’s success, and while this responsibility begins with authors, it’s the audience who ultimately bears the brunt of that responsibility, especially if your platform gives you a financial mechanism for curating. **When you power up, you start promoting quality content using real monetary incentives**. If you self upvote your own quality work (articles, comments, and the like), **you’ll also earn money yourself**. That having been said, you’ll have to work, no doubt about it, but if you’re an investor in STEEM, and an active blogger and contributor as well, you really have no excuse for not doing your most in making Steemit a success. \n\n### <p>My Strategy</p>\n\nMy strategy is simple since it’s dictated by common sense: **post on things I know and curate on the same**. I’m a language teacher with degree in Legal Studies who also has broad experience in both IT and investing. The truth of the matter is that my areas of so called expertise are limited (and relative as well). They define exactly where I plan to contribute, and, as would logically be expected, **I’m not going to post or curate on something I don’t know or understand**. That having been said, I’m also a photography hobbyist, book lover, film buff, etc., etc., so I might make an occasional comment outside of my areas of expertise. \n\n**I also have limitations within my areas of expertise as well**. I was mainly into hardware, operating systems, and sys admin, but I also designed, created and maintained websites and their servers so I know a little html, javascript and php, etc. With the advent of crypto I learnt enough about C+ to be able to read and understand code, thanks to the comments. &#128517; And what does all that mean? It means that I know enough to be dangerous, and **that means being cautious with curation efforts** where my knowledge is limited. I’ve been in crypto since 2013 and I’m quite knowledgeable on the subject, but caution is still the word here with upvotes and comments. It’s not like we can look at the URL to get an idea on the credibility and accuracy of something . . . even though we do have the rep rating. &#128521;\n\n**Even where my experience and knowledge has a stronger foundation**, like in the world of business, economics, finance and investing where nothing is ever black and white, **I still think healthy humility is an imperative**.\n\nIn short, my strategy, and **the strategy I recommend to everyone, is to engage in a healthy give and take of ideas, opinions and knowledge with others in the areas where you’re an “expert”**. If your area of expertise is food, or travel, or health, or science, or politics, or whatever, then, after steeming up, that is where you should focus your curation efforts. **That is how you, how I, how we all, working together, can each make our most effective individual contributions towards making Steemit the high quality content provider we dream it to be.**\n\n### <p>It’s Tough Work, and You Deserve to Reward Yourself</p>\n\n**Don’t let anyone tell you that you don’t deserve to upvote yourself** – if you’ve ever worked on quality curation and/or quality content posting, **you know you’re worth every cent of your self upvoting!** Truth is we’re really worth much more since, **for the majority of us, what we end up seeing in terms of “ROI” on our hard work is well below the minimum wage**, so please, upvote yourself.\n\n**I certainly will be upvoting myself, but I will limit it to half of my upvoting** – the other half will go to original quality content and/or meaningful comments and material contributed by other Steemians. **A 50/50 split at 100% power is my rough target**, unless I post something fairly insignificant like a smilie, in which case I won’t upvote myself, or in the case where someone else has given a good faith effort but didn’t quite perform up to standard, a 20-50% upvote might be appropriate.\n\nAs I’ve already said, what the majority of us make doing this is next to nothing, and as such, **we obviously don’t have a lot of time to dedicate to the task**. In my case, I’m going to commit 7 hours a week to the effort – **I need to find and/or create** (because my half has to be quality content as well) **10-12 upvotes worth of quality content in an average of 1 hour a day, and that’s not easy to do** if you give a good 30 minutes to /created/your_area_of_expertise looking for new stuff before you move on to the overlooked in /hot/your_area_of_expertise after first giving a quick look at your feed to see if there’s some overlooked quality content that’s been missed . . . \n\n**Networking with other Steemians working towards similar ends in shared areas of expertise would likely help to make curation more efficient**. One model might be an informal group of 30-40 or so, each publishing once a week which would give each contributor a good 5-6 100% upvotes a day (or 10-12 50% upvotes, whatever you most prefer, time allowing, but you get my idea, right?).\n\nIt’s pretty easy to just go around giving out random upvotes; it’s quite a different story if you’re looking to really reward quality content. **It’s been said that blogging is the new mining**. Unlike mining, with blogging you don’t need to spend big bucks on hardware, or pay expensive electricity bills. **But you don’t get to sit on your butt either. No, with this you must work!** That’s the price for not having huge electric bills and huge capital investment. &#128526;\n\n### <p>The Second Reason for Powering Up</p>\n\nThis really brings us back to the main reason itself, but it’s slightly independent as **it is more immediate and guaranteed in terms of return on investment**: as mentioned, you can, and should, upvote your own posts and comments, and if you upvote 10-12 times a day, half to other contributors you deem to have posted quality content, and the other half to yourself for having found and commented on that quality content, you’ll earn an additional 10% per annum, more or less, on your investment. When you combine that 10% to the roughly 9.5% your SP earns every year, **you’ve got an almost 20% yearly gain just for starters, leaving aside longer term price appreciation of STEEM brought about by your community motivated quality content**.\n\n### <p>Conclusion</p>\n\n_**By powering up AND actively posting and/or curating quality content we not only increase our individual annual ROI to roughly 20%, but we also do everything in our power to make Steemit the high quality content provider we want it to be, which is, beyond  any shadow of doubt, the best way we can contribute to making our collective investment in STEEM the most profitable it can be.**_\n\n## <p>Sound like good enough reasons to power up?</p>\n\n___\n<center>Please leave your comments, input, questions, etc., below! </center>\n<center>Your support is much appreciated. If you like this post, please Upvote.</center>\n\n<center>![HiveThumbnailSmall.png](https://images.hive.blog/DQmQTiu35Wp7hfzbm7vGwbbuTECK7vJwiF8HbRVejhUENMh/HiveThumbnailSmall.png)</center>\n@cryptographic",
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      "author": "cryptographic",
      "body": "Is it time to dump BTC to buy something better? That's what Steven Englander, head of strategy at New York-based Rafiki Capital, thinks crypto holders might be trying to decide.\n\n>My conjecture is that cryptocurrency holders are trying to decide whether to abandon Bitcoin because its limitations mean it will be superseded by better products or bet that it can thrive despite them.\n\nhttp://metro.co.uk/2018/01/17/bitcoin-ethereum-ripple-prices-plunge-cryptocurrency-meltdown-7235810/\n\nOf course, I personally \"dumped\" BTC long ago in favor of better prospects, and I haven't done bad at all.\n\nIn fact, I've now dumped all legacy crypto altogether, and have no intention to ever get involved in it ever again.\n\nIt's only cutting edge, state-of-the-art, 3rd generation crypto for me.\n\n<center>![HiveThumbnailSmall.png](https://images.hive.blog/DQmQTiu35Wp7hfzbm7vGwbbuTECK7vJwiF8HbRVejhUENMh/HiveThumbnailSmall.png)</center>\n\n___\n\n<center>Please leave your comments, input, questions, etc., below! </center>\n<center>Your support is much appreciated. If you like this post, please Upvote.\n</center>\n\n@cryptographic",
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      "parent_permlink": "trading",
      "permlink": "a-better-possibility",
      "title": "A Better Possibility?"
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{
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    {
      "author": "cryptographic",
      "body": "A serious continuation of yesterday’s tongue-in-cheek, in-your-face, misunderstood irony is in order today. It was evident that [my last post](https://steemit.com/investing/@cryptographic/somebody-is-in-big-trouble) was largely misunderstood and that it didn’t have its desired effects, so today I am going to solemnly outline the issue and clearly explain what I intend to do to address it.\n\nI have consistently rewarded what I consider to be quality comments and have tried to separate the wheat from the chaff by upvoting what, in my opinion, are the best comments, thereby “bumping” them to the top. That I know of, I am one of the few who do this, and as one might logically expect, this kind of rewarding has its drawbacks in that it attracts people who are only trying to get a “freebie”. This has reached the point where I have to monitor each post for several hours trying to keep what is valuable towards the top, and the trash towards the bottom. \n\nThat’s untenable for me given my limited time, and I need to be a bit more direct and longer term in my thinking with regards to my efforts to keep my threads clean. I want to continue rewarding quality comments, but I also want to do that when my schedule allows and not be obligated by junk posters to “police” the comments section in the hours immediately following each post. I can’t allow a select few to cause me such a waste of time and effort, and I have to deal more definitively with them.\n\nIt is not just my time, it is the reader’s time too, and other quality commenters' time as well. The numbers have grown, and those meaningless comments have turned into a virtual plague of “litter” that robs both the good comments of their rightful visibility and the reader of his or her precious time as well.\n\nI also want to be able to give everyone time and equal opportunity to comment first, before I start rewarding, so I can really move the best to the top and not be forced to make premature decisions in order to combat the nonsense.\n\nAs such, I see no other alternative but to start flagging all comments that do not contribute something of value, as I define it of course. \n\nThat is right, you heard correctly, I am going to start flagging junk, or what I consider to be junk anyway.\n\nThis is an obvious attempt to moderate my threads with the limited tools available to us. Perhaps in the future we might be able to block people. That would be nice, but, until then, we have got to work with the tools we have. I do not like people getting robbed of their time and hard work, and I am going to do my small part to make this small part of Steemit a better place using the tools we have at our disposal.\n\nThis is also a very subjective matter, no doubt about it. What I consider to be acceptable in the comments section might be very different from what others might think. Ideally we want to make everyone happy, but we know that is not possible. I am going to start cleaning up my threads as I see fit, and I want everyone to have very good expectations as to what I reward and what I will flag.\n\nBelow I will briefly outline my “definition” of junk so that everyone has equal advance notice and, of course, the chance to avoid being flagged.\n\n\n___\n\n\n___\n\n# The Dos and Don’ts\n\n\n## DO\n\nDO post about your own personal experience (2nd hand is good, 1st hand is better). Do post about your knowledge on the subject. And do recognize your own limitations: nobody here is a god; there are no OGs or any of that pompous crap here, just ordinary folk working together as best we can! We all put on our pants one leg at a time, and we all are just doing our best with what we know about the subject, some more and some less, and there’s no fault in admitting that you just started or that you have limited knowledge – just the contrary, it will get you the respect of others contributing in the same area.\n\n\n## DO NOT\n\n**DO NOT** post copy and paste comments from a previous comment that was rewarded – it will get you flagged.\n\n**DO NOT** post stupid animated gifs – it will get you flagged unless it is extremely good.\n\n**DO NOT** post a quote from the original article WITHOUT making specific mention to why you are quoting it, and if it is to agree or disagree, then why you are agreeing or disagreeing – otherwise I will flag you.\n\n**DO NOT** post any comment whatsoever WITHOUT either explaining why you are making the comment (remember, “because” is the magic word), or giving an example of what you are talking about and why it’s relevant (the example can be either first or second hand) – otherwise I will flag you.\n\nSimple comments like “great post”, “thanks for sharing”, “you’re a genius” and the like, might get you a thank you in reply, but there will be no upvote coming your way, *so only do that if you really mean it* and have no expectation of getting an upvote. \n\nSimilarly, if you are trying to get a reward for resteeming, forget it, it is not going to happen. Now, if you really liked what you are resteeming and you are doing it for everyone, and you want to say so, by all means do so! I often resteem though without feeling the need to post a comment saying that I resteemed the article.\n\nAnything unintelligible will simply be ignored in order to give those who speak English as a second language the benefit of the doubt.\n\nFinally, if anyone ever feels they have been treated unfairly, all you need to do is reply to your own flagged post with the **_reasons_** why you think you were dealt with unfairly, **_appealing_** to your fellow Steemians for help. That’s the only way to “appeal”, and the wider community will be your jury on that.\n\n___\n\n\n___\n\n\n\nYou have been forewarned. Think before you click on the “post” button. Ask yourself if you are sharing something of value, or if you are just trying to get a quick buck for doing nothing. If it is the second, and if you post it, I will flag it, guaranteed. And if you become too much of a pest, I will flag you with 100% voting power that will rip a very nice hole in your reputation. \n\nBe wise and think well before you try to get something for nothing in my comments section – you will look dumb doing it, and dumber still not only going away empty handed, but also with a flag.\n\n___\n\n___\n\n<center>![HiveThumbnailSmall.png](https://images.hive.blog/DQmQTiu35Wp7hfzbm7vGwbbuTECK7vJwiF8HbRVejhUENMh/HiveThumbnailSmall.png)</center>\n\n<center>Please leave your comments, input, questions, etc., below! </center>\n<center>Your support is much appreciated. If you like this post, please Upvote.\n</center>\n\n@cryptographic",
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      "body": "Frankly, in my opinion, the rest are not worth specific mention. As I am a person who prefers to focus on the positives and to build success upon success, I see no point in wasting time on pointing out and explaining the individual negatives for the rest of the crypto brokers and exchanges. Whatever the case, from being too small to generate confidence, to being too crooked to even get a second look, a case by case study would be a horrible waste of time, especially since the negatives are all so very similar both in design and grouping. \t\n\nLook at where the majority of scandals, hacks, market manipulation and scams originate from. Three of the [Top 5 Cryptocurrency Hacks of All Time](https://99bitcoins.com/top-5-cryptocurrency-hacks-of-all-time/) came out of this region. (The other exchange on the list thoroughly transformed and moved to a stronger jurisdiction.) Those are the biggest, but there are dozens, if not hundreds of smaller sized scams around the world. Yes, in the past we saw some of the same in the U.S. too, with the likes of Mintpal and Cryptsy, the latter which was really a Belize company operating in the US, and the former now with fugitives abroad, but the pattern has changed, and the tendency in the U.S. now is to get legally compliant, or die. \n\nThat’s not the case on the Asian side of the Pacific though. Anything but! And who would be surprised by that when the dictatorial central government of China finds it impossible to convince anyone outside its borders that its official economic data isn’t just one big continuous fraud? Nobody takes their figures seriously, and much less so when they make themselves even more laughable by supposedly wanting to “regulate Bitcoin” by banning it one day, and then saying the next that everything is okay. Who is going to take that seriously? The biggest originator of FUD and market manipulation in the world! Who is going to entrust their hard earned money to anyone within that legal context?\n\nI don’t want to have anything to do with anything out of that part of the world, neither those government tied tokens touted to be the next ETH killer, nor any of the “exchanges” based there. The Asian Pacific Rim is the world’s hotspot for all kinds of dubious crypto activity and is a place I want to avoid. Nevertheless, make no mistake, the swindles, scams and hacks don’t end there: we can find them just about anywhere, outside of Europe and North America, that is.\n\nWhere we have seen the least scandals, and where we have seen the best efforts to avoid hacks and theft and to turn crypto into a respectable business is in Europe and North America. Is it any coincidence that all the brokers and exchanges I’ve reviewed in this series are located either in Europe or North America? Not in the least! In fact, it’s completely logical to expect the financial powerhouses of the world to act seriously and responsibly when it comes to the emergence of a viable and promising new investment arena. \n\nNorth America and Europe are the places where bad things are least likely to happen, in my opinion, and I wouldn’t do business with anyone outside of those geopolitical regions. Why would I unnecessarily complicate my life? There are no better fees outside those areas, no better services offered, just more risk. In fact, it’s all worse, so why would it even be an option? \n\nI like to stay with winners who do things right, and for anyone who doesn’t make the grade, I just don’t go there!\n\n\n\nPrevious posts in this series:\n\n[HowTo Buy Crypto – Part 1: LiteBit](https://steemit.com/howto/@cryptographic/how-to-buy-crypto-part-i)\n\n[HowTo Buy Crypto – Part 2: Coinbase](https://steemit.com/investing/@cryptographic/howto-buy-crypto-part-2-coinbase)\n\n[HowTo Buy Crypto – Part 3: GDAX](https://steemit.com/investing/@cryptographic/howto-buy-crypto-part-3-gdax)\n\n[HowTo Buy Crypto – Part 4: Kraken](https://steemit.com/howto/@cryptographic/howto-buy-crypto-part-4-kraken)\n\n[HowTo Buy Crypto – Part 5: Bitstamp](https://steemit.com/howto/@cryptographic/howto-buy-crypto-part-5-bitstamp)\n\n[HowTo Buy Crypto – Part 6: CEX•IO](https://steemit.com/howto/@cryptographic/howto-buy-crypto-part-6-cex-io)\n\n[HowTo Buy Crypto – Part 7: GEMINI](https://steemit.com/howto/@cryptographic/howto-buy-crypto-part-7-gemini)\n\n___\n\n\n<center>![HiveThumbnailSmall.png](https://images.hive.blog/DQmQTiu35Wp7hfzbm7vGwbbuTECK7vJwiF8HbRVejhUENMh/HiveThumbnailSmall.png)</center>\n\n<center>Please leave your comments, input, questions, etc., below! </center>\n<center>Don't be in a hurry to comment, I will read all of your comments later and then upvote the best. And don't spam – I’ve got flags too. &#128520;\nRead the **\"The Dos and Don’ts\"** [here](https://steemit.com/steemit/@cryptographic/do-you-really-want-to-earn-rewards) if you're not aware of my rules.</center>\n<center>Your support is also appreciated. If you like this post, Upvote it!\n</center>\n\n@cryptographic",
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