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      "body": "That is DEEP JEFF I USE TO think  this would happen in series brother.",
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      "body": "Girl must be thinking \"why all these happens to me only?\"",
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      "body": "TRUE STORY.\n![cyy.jpg](https://steemitimages.com/DQmcsRxMYxnXfxcsGAWrkmeci1Qso2ckumdLRtVLhZwzA5S/cyy.jpg)\n\n\n\n\nA heartbreaking story of how he met a lady crying profusely and touched by how deep her weariness was, he decided to console and ask what was going on with her, only for her to tell me a shocking story.\n\nHow her longtime boyfriend had already gotten traditionally betrothed to another and is going to have his white wedding in November.\n\nAccording to her, she discovered this after she paid the boyfriend an August visit only for her to see an invitation card on his table.\n\nAnyanwu shared as thus:\n\nAnd so I met a girl crying bitterly today.. I summoned courage and walked up to her to know why… And she told me that a guy she has been dating for quite a long time now.. Only to get to his house and saw his wedding card on the table with another girl by November. And his traditional marriage has been already done for a very long time. Worst of all is that this guy yelled at her for coming uninvited.\nI thought these things only work in  movies.",
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      "title": "A Lady Discovered Her Longtime Boyfriend’s Wedding Invitation Card; He’s Already Done The Traditional Marriage."
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      "body": "me too, it's really fun.",
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      "body": "Love last man on earth, kindly follow me back.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://steemitupdates.blogspot.com/",
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      "body": "![steemit.jpg](https://steemitimages.com/DQme5LsuEDX9H1Z8TJFvRo8NyzBUBPzEvEJ5Z1n1R7RVULf/steemit.jpg)\n\n\n\n\n\n\n\n\n\nA lot of fuss has been going around <a href=\"https://steemit.com/\">SteemIt</a> in the past few months. Steemit is kind of a social news platform that pays users with digital currency called Steem for posting and upvoting good content. Think of <a href=\"https://reddit.com/\">Reddit</a>, but with a nice add-on of getting paid for your participation. The problem as I see it with Steemit, is that the concept is just too hard to grasp. There are too many confusing concepts. For example, you have <strong>Steemit</strong> which is the platform, <strong>Steem</strong> – the digital currency, <strong>Steem power</strong>, <strong>Steem dollars</strong> and it all becomes one big mish mash of unexplained terms. In the end the average user who wants to get started with Steemit is left confused and leaves the platform. In this post I will try to make some sense out of these terms and the platform in general, and help you understand how to get started with Steemit if this is something you’d like to pursue.&nbsp;</p>\n<h2>A bit of history about Steem</h2>\n<p><a href=\"https://steem.io/\">Steem</a> (the digital currency, not to be confused with Steemit the website) was first described in a whitepaper in March 2016. Steem and Steemit were in Beta until July 4th 2016. &nbsp;Once the platform (Steemit) became live and payments were made to the contributors, the currency saw a 1800% increase in its price from $0.24 to $4.63. However, since then the hype dulled down and the currency has slowly declined back to $0.28. &nbsp;This explosive growth and fast demise of the currency made people suspect Steem was perhaps just another Pump and Dump scheme. In such a scheme the founders and early adopters drive up the currency value through media hype and then sell off their coins at a huge profit. The people who get hurt by this are the late joiners who are stuck with a lot of coins that lost their value. The Steemit platform however has grown immensely in the past few months. Here’s how the traffic on Steem grew according to <a href=\"http://www.alexa.com/siteinfo/steemit.com#trafficstats\">Alexa’s web ranking</a>: &nbsp;In all fairness I haven’t used Steem or Steemit (the platform) personally, and I’m still just trying to figure all of this out. This article is the first step in making sense of it all…&nbsp;</p>\n<h2>Steem, Steem Dollars and Steem Power explained</h2>\n<p>In order to make some sense of the whole ecosystem I started digging up YouTube videos about Steem and the Steemit platform, this is probably one of the best ones I’ve found that makes complete sense: &nbsp;If you don’t want to watch the whole 12 minutes video here’s a quick breakdown of what’s explained in it: <strong>Steem</strong> – Is the basic cryptocurrency used to power this whole system. It’s like the bricks used to build Steem Dollars and Steem power (will be explained in a moment). You can buy and sell Steem, speculate on it’s price or convert it to Steem dollars and Steem power. But if you’re not looking to speculate on the price or if you’re not cashing out your Steemit earnings, you don’t need to deal with Steem directly. <strong>Steem dollars</strong> – &nbsp;This is the currency of the <strong>Steemit platform</strong> and is also known as SMD. This is what people send to one another when they upvote posts on Steemit. The reason it’s called <strong>Steem Dollar</strong> is because 1 Steem dollar represents any amount of Steem required to reach 1 USD depending on the exchange rate at that time (more or less). However unlike Steem, you can not use Steem dollars outside of the Steemit platform. You will first have to convert your Steem dollars into Steem and only then you will be able to convert that Steem into Bitcoin or USD. The reason Steem dollars were created is because the founders wanted to peg the value of Steem in some way to the US dollar, so that people will be able to trade inside Steemit but not be afraid of exchange rate fluctuations. This way if you trade, for example, 100 Steem dollars you know you’re giving away 100 USD worth of Steem. <strong>The Steem dollar is just an IOU</strong>, a promise – if and when you decide to cash out of your Steem dollars, you will get however many Steem it takes to get to that value in USD. There’s also an interest acquired on any Steem dollars left in your account (currently 10% a year). This is done in order to incentiivize people to leave their Steem dollars in their account. <strong>Steem power</strong> – Also known as SP in short, is basically a token symbolizing how much influence you have inside the Steemit platform. If you have a lot of SP your upvotes will count more and will award different authors SP and Steem dollars as well. <strong>Powering up</strong> – means getting more SP either by upvotes or by buying it via Steem. <strong>Powering down</strong> – means liquidating your SP into Steem. SP can be powered down for Steem in a long process that takes 2 whole years. SP is considered as a “long term investment” in the Steemit platform. That’s why other than taking a long time to cash out it also bares a very high interest rate, encouraging people not to power down.&nbsp;</p>\n<h2>Why is steem’s price going down?</h2>\n<p>Even though Steem’s future seemed very bright once it launched, shortly after the price started a steady decline. The question is, if Steemit is such a great platform how come the price is continuously falling? One explanation that comes to mine is that price changes reflect the supply and demand for a specific currency. When price goes up – there are more buyers than sellers, when it goes down – there are more sellers then buyers. So before Steem was live there were no sellers at all since the platform was in Beta. People could only buy Steem but not cash out on it. So people “bought into the dream of Steem”, investing money and time to create awesome content. These people were getting paid for their content but they couldn’t cash out on the money. Once Steem became fully operational there was a rush of Steem users to cash out their Steem Dollars into Steem, and then cash out Steem into Bitcoin or their local currency. That’s why in my opinion the price has been falling ever since the launch. People don’t have any actual use for Steem since it’s not accepted anywhere, so once they get some Steem in their hands they quickly trade it. Combine that with the fact that there’s no real incentive to invest in Steem other than speculation and you get a larger amount of sellers that drive the price down. One of the main reasons that Steem didn’t fully collapse after launch in my opinion is due to the fact that not all of your Steem can be traded at once. Steem power has a limitation of 104 weeks until you can cash it all out, so this stopped the steep decent of the price and made it a bit more manageable.&nbsp;</p>\n<h2>Should you start blogging on SteemIt?</h2>\n<p>I guess that’s the million dollar question. One of the good things about Steemit is that you can basically “copy and paste” old stuff you wrote in the past. So if you’re already a blogger or have some good content you’d like to share it may be worth checking it out and seeing how it goes. Just go to <a href=\"https://steemit.com/\">Steemit</a>, open an account and start posting. Personally I feel that even though the community has grown immensely there’s still not a lot of money to be made through writing on the platform. I think the idea is great – people need a decentralized Reddit where you can get rewarded for your efforts, but the execution is still far from complete. The platform is very complicated to grasp and I still don’t understand how much and when will I get paid for posting or upvoting content. Luckily enough, one of our writers, Brian, has been generating a reasonable income stream through Steem and he was willing to share his experience on the platform today. Take it away Brian…&nbsp;</p>\n<h2>Building An Audience on Steem</h2>\n<p><em>So how can your rack up views and upvotes on Steem? First, when it comes to publishing online, you have to accept the fact that it can be hit or miss. This is especially true if you haven’t already built up a large following. There’s no surefire formula that I know of to ensure that every article is going to be a smashing success.</em> <em>However, there are some things you can do to increase your likelihood of success. Steem is basically a large collection of smaller communities, or more accurately, </em><em><strong>streams</strong></em><em>. Overall, the layout is somewhat similar to Reddit and there are various “tags and topics”. In order to attract views and upvotes you have to get to know these topics and the types of readers found in each mini-community.</em> <em>By and large, the topics are self explanatory. “Libertarian”, “Anarchy”, the general “politics” tag, which seems to have a progressive left lean. “Life”, “food”, “art”, and “health”, are some other popular topics. When you’re selecting your topics both consider your own interests, and also take some time to review past articles that were successful and the overall vibe of the community. By studying past articles, you can see what works. By getting to know the individual community, you’ll have a better idea of how to appeal to and reach out to readers.</em> <em>In my experience (and research), two types of articles tend to enjoy the most success. Shorter commentaries on current, breaking events, and longer form intellectual pieces that really dig into a topic or issue, and are generally more “ever green”. To be clear, however, you shouldn’t take this as a hard rule, but as more of a general reflection of one writer. You should do your own research and be willing to experiment as you may uncover your own insights.</em> <em>If you go the commentary route, you’re going to stand the highest chance of success if you’re the first one to analyze an issue. The analysis has to be substantive and should make a point or argument. If you just repeat what Reuters is writing on an issue, you won’t be offering as unique of content, and thus may not get as many upvotes even if you get reads.</em> <em>With longer form topics you really need to focus on adding value to readers. Write something controversial, or consider an issue from a different lens. Another option is to offer some really stellar and in-depth research. Many of the articles that get to the top of Steemit are longer form, and more in-depth. These critical analysis pieces are both engaging, and offer readers a lot of value.</em> <em>As for topics, you have to pursue your own interests. The great thing about Steem is that there are so many different topics, and so many readers interested in these different topics that you can almost certainly find the right topics to write on. Dieting, personal reflection, creative fiction, politics, there are many different options.</em> <em>What’s important is carving out your own niche, and pursuing your passions. Also, spend time trying to create catchy, simple titles that draw readers in. And don’t forget to upload high quality pics. To be honest, Steem is a bit of a hassle when it comes to uploading photos, so some try to skip this step. </em><em><strong>Big mistake</strong></em><em>. The extra minute or two you spend uploading a pic can go a long way towards drawing in readers.</em> <em>Beyond that? Be consistent. Focus on quality. Comment on other people’s posts, and follow them. In turn, they might follow you. Being active in the community will help you build your own name and help you build an audience. Over time, an extensive number of followers will make it easier for you to repeat success.</em> If you’ve had your experience with Steemit I’d love to hear about and perhaps learn from your experience. Let me know in the comment section below.",
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      "body": "Should have bought when it was under $1. \n\nIt's currently in a downtrend again.  The technology may be good. But if it isn't used then it won't be worth anything.\n\nBiggest challenge ark: gain user adaption.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttp://www.the-blockchain.com/2016/05/03/new-blockchain-social-media-platform-steemit-pays-post-vote-online/",
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      "body": "![steemit.jpg](https://steemitimages.com/DQme5LsuEDX9H1Z8TJFvRo8NyzBUBPzEvEJ5Z1n1R7RVULf/steemit.jpg)\nSteemit, the social media platform where everyone gets paid to post online, has just rolled out it’s BETA. Led by CEO Ned Scott, formerly in private equity, and CTO Dan Larimer, the creator of Bitshares – Steemit today released a publicly available beta version of a social media content aggregator designed to reward content creators and curators with cryptocurrency.\n\nCEO and Co-Founder Ned Scott said the reason he created this system was to build a community, incentivize them to contribute, and improve the quality of original content.  \n\n“Our vision is to not only build an empowered community but give content creators an avenue to make money online without needing to advertise,” said Scott.\n\n“Steemit’s technology rewards users for posting, and the better it performs, the more that person earns. The system also rewards people for voting, and the more popular the content becomes, the more that person earns.”\n\nSteemit, which is powered by Blockchain technology, uses forms of a new currency called Steem to reward users that upload articles, images, commentary and blogs, while rewarding users for sourcing and upvoting popular content. The earlier a person up-votes a post that becomes popular, the more they are rewarded. Users are paid half in “Steem Power,” a vesting currency that supercharges voting power, and half with Steem Dollars, which can be exchanged for USD.\n\nSteemit’s peer-to-peer social economy, is open to anyone around the world. Users can earn Steem, use it as voting power, and exchange it for USD. The technology behind Steemit is open source and available to be viewed and expanded upon by others. \n\nCTO Dan Larimer said:\n\n“Steemit is a brand new way to recognize contributors online, especially those who join our community early and stay long term. New users will be given a portion of Steem when they sign up and those who initiate or improve the quality of discussions, through persuasiveness, clarity, grammar and formatting, will be upvoted faster and more appropriately rewarded.\n\n“Steemit is easy and fun to use, and is the best opportunity for the regular consumer to earn and accumulate cryptocurrency,” added Larimer. \n\n“The versatility of the Blockchain has allowed us to create an incentivized social media platform to exchange conversation, creativity, empowerment, and value. We want to promote dynamic, creative dialogue and debate with an opportunity to earn,” said Scott. \n\nSteemit expects significant user growth from May until their first major reward issuance on July 4. Steem is currently trading at the US based crypto-exchange, Bittrex.com and at the Blockchain based ledger, Openledger.info. Steemit will also soon be available on mobile app.\n\n About the Author\n Latest Articles\n\nAbout Richard Kastelein\n\nFounder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.\n \nKastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.\n \nHe is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.\n \nA journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.\n \nIn his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, \"The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://decentralize.today/ark-why-its-the-best-cryptocurrency-investment-at-the-moment-50ba82e2a04c",
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      "body": "I’ve been investing in the Cryptocurrency sphere for the good part of a year and during my time here I’ve been a part of many fantastic communities each of which presented opportunities to get behind some amazing pieces of technology.\nIn this article, I’m going to give you a good reason to invest or at least look into a Cryptocurrency called Ark but before I can convince you with my reasoning behind this bold title, let’s delve into what drives my investments. Quite simply I love innovation, I love projects that continue to improve and hone the technology world, those that embrace new technology and therefore it’s only natural that the blockchain and crypto sphere is where I have turned to.\nWhen I started off, I was simply lost within a sub section of the internet that had so many things going on and the main coin, Bitcoin was the primary candidacy for investment. There was a coin which piqued my interest the most, called Ethereum. I managed to get into Ethereum below £5 and for me this was a no brainier as I could see the potential, it aimed to develop a system that went above and beyond, so how could I resist. Well I can firmly say that Ark has much of the same reasoning for me and in this article I’m going to convince you exactly why this is the case. \n![ark5.png](https://steemitimages.com/DQmZifJdUYhpU5ydfW7SGq33ixdGVAubDxFeE8MH4fxwkdf/ark5.png)\n\n\n\n\n\n\n\n\n\n\n\n\n\n                                                                             \n\n                                                                                       \n\n                                                                          The Ark SmartBridge System Detailed\nSmartBridges\nTo start explaining Ark, we can take ourselves back a little bit to a time when things were just starting. We’re in a Cryptocurrency world where there’s a big boom about to occur, most people can see it on the horizon as developers and business enthusiasts look to use Ethereum’s up and coming platform to develop their own blockchain ideas. Now explaining a blockchain to the average person is no easy feat and one thing that really helps explain the concept is the idea of distributing a ledger all over the globe thanks to those running the blockchain network. Of course the great thing about this is that it removes the main point of failure for a database, which is the centralised nature of it. The issue though much like a database is that every company, every project, every business wants their own blockchain much like how there’s never going to be one database. In the 21st century it would be nice that companies and projects can at least have the option to communicate with each other… right?\nThis is where the SmartBridge system in Ark kicks in, the premise is rather simple, we take the apps produced on the blockchain and we give them more functionality, we allow them to be utilized outside the bounds of their own blockchain. To do this Ark has vendor fields and encoded listener nodes which search through data to find tasks that they can then perform and once a blockchain connects to Arks system either via a code snippet or encoded listener, they are set up and connected to the Ark SmartBridge system.\nThis is where the fun begins, imagine executing an Ethereum smart contract through another blockchain, ark is always listening for code execution via the SmartBridge system, the power is in our hands to execute any instruction to any blockchain provided it is connected to the system. We’re no longer bound to the realms of “silo” blockchains.\nACES\nACES will be released in the coming weeks and with it the power of Ethereum contracts will be in the hands of the SmartBridge, this means deploying a smart contract to the Ethereum network can be done via Arks wallet which has the benefit of reducing bloat on the Ark system whilst connecting Ethereum and Ark together.\n![ark4.gif](https://steemitimages.com/DQmTWM3hY5Lw7mTTPHubSNsWCTvawW22f4QTV7HqngyrjDX/ark4.gif)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n                                                                                                                  DPOS at work\nDPOS\nDPOS is a system in Ark which stands for Delegated Proof of Stake, it’s a model that improves on the usual POS system by having delegates forge the blocks instead of the entire network. For Ark there are 51 delegates who forge the blocks and holders of ark can then allocate their coins to a delegate of their choice via the wallet, these delegates have various payment plans which share the rewards that are given to the delegate upon forging the blocks. Most delegates pay out on a daily or weekly basis and therefore it’s a great way to make a bit of extra ark from your holdings. As it currently stands, about 90% of all Ark is staked through the system, which is a good indicator there are lots of long term holders in the project and helps to improve stability of the prices since holders have a reason to keep their ark and not sell as then they miss out on the staking payments. Staking costs 1 Ark to vote and unvote and it is not necessary to keep the wallet open, therefore you are always making passive income just by voting for a delegate!\nDPOS also relies on relay nodes which whilst are not forging, help to add extra security to the network. Anyone can become a delegate or relay node by following instructions found on the Ark website. For additional information on voting in Ark, you can read this article here.\nMore Tech\nIt would honestly take me far too long to explain all the features of Ark so their road map is a very good visit if you want to know more. Other features that I am looking forward to are one click blockchains which will allow users to clone the blockchain in a click of a button to start their own project as well as NFC/RFID readers and Ark smart cards.\n\nMobile Wallets will also be released very soon.\n![ark3.png](https://steemitimages.com/DQmVxsv3qxZiniEfCLks5Hbsxg41AFgR2tri5Ct9tcrJkq4/ark3.png)\nCommunity\nPersonally when I invest in a coin, I check all aspects and for more details on my process, you can read my blog post here. The Ark community is pretty amazing, the slack is buzzing with chatter and talks and there is very open communication about other projects. In fact the Ark team host AMAs in the Slack on a weekly basis, it’s certainly agnostic and the community recognizes the importance of many projects working together to improve the industry. I highly recommend checking out the slack if you get the chance and the Reddit is also following a similar suit with more activity than ever.\n![ark2.png](https://steemitimages.com/DQmcHGbgb6JUvvzXfMk4CWXTeGzZfVvhKx7eWLnoVe5epXj/ark2.png)\nRecent Ark Reddit Milestones\nI feel that the community can be a big reason to invest, the more loyal following, the better the chances of long term holders which makes investing a much more reliable and secure hold. With a larger community, there will be less weak hands and those who believe in the long term vision of the project will help and participate in the ecosystem much more than coins which solely facilitate pump and dump action.\nMarket Economics\nPossibly the most important part of investing is the economics behind the coin which is why I’ve left this section till last. Time and time again I tell people that no matter how good the project is, if the coin is not up to suitable investing standards then you won’t make any money what so ever. With Ark I firmly believe the coin model is set up perfectly from an investment point of view, the reasoning behind this is quite simple and I will go into detail as to why.\n![ark1.png](https://steemitimages.com/DQmbE9NgN1LxRkQ6zXMEcT7PGimTxNnPGey1JHPVh4hRLfh/ark1.png)\nArk statistics on Coin Market Cap\nSo at the present time Ark has 97.5 million coins in circulation, with a maximum potential circulation of 128.7 million. For me this fits within my rules of investing in currencies with around a 100 million circulation. The reasoning's for this are simple, you want to invest in coins that can grow exponentially whilst also having a fair supply so that distribution among investors and users of the blockchain is possible. If we look at coins with a 1 billion circulation, it gets far harder to get maximum growth and these kinds of coins are often held mainly by a small percentage of large whales and are at much more of a risk of non stability and large price swings. If we look at the price of Ark currently, it sits roughly at $3 at the time of this writing. I see the coin reaching the heights of $10 in the next year with exponential growth after this as the coin picks up use cases thanks to the ArkVM and SmartBridge adoption and because of DPOS, many investors will stay for the passive income garnered by voting rewards which helps increase the sustainability of the ecosystem.\nWe can see from the CMC image above that ark has a 300 million market cap and I truly believe this will grow much more as adoption comes in. Ark hits all my check marks for investing and I really believe it’s an excellent time to get into a coin that’s undervalued for its use case. We should see great growth over the next year but as always treat my advice with a pinch of salt and check out the details yourself before investing, with all the developments in place. It is certainly an exciting time to be invested in Ark and to see what the future holds!\nDelegate Doom Explains\nIf you would like to hear more and want a visual guide, check out this video by Doom an Ark community member.\n\n\nIf you like this article, please take a second to view my investment fund for my friend who is terminally ill, it’s a unique idea to raise funds for his children when he passes by utilizing my knowledge of the cryptocurrency sphere. I have started this fund with £1,250 of my own money and we are now at £4,050. You can read more below and donate if you truly want to make a difference for this family. Thank you.",
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      "body": "Great post!!!",
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      "body": "![steemit.jpg](https://steemitimages.com/DQme5LsuEDX9H1Z8TJFvRo8NyzBUBPzEvEJ5Z1n1R7RVULf/steemit.jpg)\nGet Paid to Create Content\nWhen you post to social media — such as Facebook, Reddit, Google+ and Twitter — when you upvote, like and favorite, you do not get paid. But that’s about to change.\n\nSteemit is a blogging-centric social network where you DO get paid for creating and upvoting content. You can build a following, find patrons and grow your wealth, all while doing the thing you love: creating valuable content.\n\nTake note: Steemit is not some fly-by-night Ponzi scheme. Steemit is about building a community of high-quality people and financing the production of the highest quality content.\n\nSteemit requires no initial investment in order to participate. It’s free to use and you’re not spending your own money when you upvote content you like.\n\nSteemit is just the first minimum viable product on Steem, a blockchain-based social economy. The Steem developers have bootstrapped an entire economy, complete with its own crypto-currencies. Steem is peer-to-peer, decentralized, uncensorable and therefore unstoppable.\n\nSo it’s a good idea for you get started with Steemit — and Steem — now.\n\nSteemit is good for redditors, Facebook users, bloggers, videographers, teachers, YouTubers, artists, film-makers — anyone who is creating content and would like to be paid (more) for it. The Steemit community is supportive, helpful and constructive.\n\nDo you want to work with intelligent, positive people who are building something meaningful for the future? Yes? Then Steemit is for you.\n\nIf you’re seeking a short-term payoff with low-quality content that you slap together with little effort, Steemit is not for you. You will be downvoted, ignored and frustrated. Your reputation will not grow and will likely decline. You will not earn any significant amount of money. You’ll be wasting your time.\n\nYou can earn a short-term payoff with quality content. Many people have already done this. But Steemit offers greater rewards to those with a long-term perspective.\n\nThere are also opportunities for developers to build apps rapidly on the Steem blockchain.\n\nBy the end of this post, you will know enough about Steemit to get started earning cryptocurrency — currency, like Bitcoin, that you can convert into US dollars, and other fiat currency, and spend on groceries, rent, travel and more.\n\nThe Steem system has a lot of moving parts, so keep reading to get a head start. It’s taken me several weeks to research this, get familiar with the community and to put it all into this easy-to-read guide you can master in less than an hour.\n\nThe Steem system is evolving to better meet the needs of its users and the goals of its developers. You can get infrequent email updates from the author (George Donnelly) by entering your primary email address here. There’s zero spam and an instant unsubscribe link is in every email.\n\nWhy Steemit Matters\nWhy is Steemit important? What can Steemit do for me? Great question!\n\nSteemit is like Reddit or Medium, but you can earn equity and cash, and hold debt (thus earning interest), through your interactions with the system.\n\nSteemit enables you to earn cryptocurrency by creating content, curating it, mining, trading and even just by holding two of its three currencies.\n\nSteemit has the potential to handle many times the traffic of Reddit, a popular site for unbridled discussion that has, in recent years, seen significant censorship.\n\nSteemit is resistant to nation-state and corporate censorship because it’s built on distributed ledger technology (DLT, or a blockchain). Like Bitcoin, it will be very hard to shut down or disrupt for any significant amount of time.\n\nSteemit is meritocratic. The more you invest — either by investing your earnings or by bringing in outside investment — the more powerful your upvote is, and the more you can earn from upvoting and creating content. No investment is required, however, in order to use, or even succeed with, Steemit.\n\nThe more quality content you post, either as blog posts or comments on blog posts, the more followers you will gain, the higher your reputation score will go and the more rewards you will earn.\n\nYou might make hundreds of dollars from your introduction post alone. And I can help you do it.\n\nSteem is also a solution to the micropayments problem because there are no transaction fees on the Steem network.\n\nStart today (August 2016) and get about USD$5 worth of Steem cryptocurrency free. Unlike with other cryptocurrencies, you don’t have to spend your own money to get started.\n\nBut don’t wait. This could change.\n\nWhat Steemit is\nSteemit markets itself as a blockchain-based social media network and it’s built on top of Steem, a complete, decentralized social crypto-economy.\n\nSteemit is built on the Steem blockchain— this is similar to the Bitcoin blockchain, but is separate from it. Another name for blockchains is distributed ledger technology (DLT). This means that it’s a distributed database — lots of people hold copies of it that talk to each other in order to stay up to date. Records are added to the blockchain in sequential order. These records, or blocks, once added to the database, or chain, can not be changed. They are immutable — read-only.\n\nSteem is peer-to-peer. There is no central control. The developers, however, maintain huge influence over Steem’s course.\n\nSteem is like Bitcoin, Ethereum and other cryptocurrencies, but is actually a lot more.\n\nWhereas Bitcoin miners earn block rewards by solving difficult math problems — called objective proof of work — Steem rewards users for subjective proof of work: the creation and curation (upvoting and flagging) of content.\n\nThis is unique. And it opens up a lot of possibilities for you to earn cryptocurrency, most notably through content creation and curation.\n\nThree Steem Currencies\nBefore you can earn Steem currency, you need to know how Steem’s three cryptocurrencies work: STEEM, Steem Power and Steam Dollars.\n\nSTEEM\nSTEEM is the fundamental currency of the system. It’s volatile, subject to inflationary losses (its supply increases 100% per year) but also easily exchangeable for Bitcoin and other cryptocurrencies at BlockTrades, Bittrex and OpenLedger.\n\nSTEEM is an ownership token but is only votable when vested as the second currency — Steem Power — in a process called powering up (see below).\n\nSTEEM can also be converted (see the section on converting currencies below) into Steem Dollars (see below).\n\nSteem Power\nSteem Power (SP) is STEEM that has been invested into the network as equity (a process called powering up). It can be converted back to STEEM (a process called powering down) in 104 equal installments disbursed once per week.\n\nThis rate-limiting of SP withdrawals incentivizes you to develop a long-term perspective for your participation in the Steem network. It also serves as protection against hackers.\n\nOne-STEEM (vested as SP) is essentially one-vote. Those who contribute the most get to decide which content is to be valued more highly.\n\nThe upvotes (and flags) (see content curation below) of users with a lot of SP are worth more than those of users with relatively little SP, so this is not a democratic system but a meritocratic one. In fact, those with zero SP can not vote at all.\n\nThis creates an incentive to use your upvote in a way that “maximizes the long term value of” your STEEM, according to the Steem white paper (PDF).\n\nNinety percent of new STEEM created (via inflation) is distributed on a constant basis pro-rata to holders of SP. This is a powerful incentive to convert your Steem Dollar earnings to STEEM and power them up to Steem Power — if you believe in the long-term viability of the Steem network.\n\nThus, users with a long-term vision are rewarded more than those with a short-term perspective.\n\nThe other roughly 10% of STEEM that is created via inflation is distributed as rewards and thus changes the ownership distribution of the network — albeit very slowly.\n\nSP holdings are thus not subject to inflation, for the most part, because SP is constantly earning interest in the form of that 90% of newly created STEEM.\n\nSteem Dollars\nSteem Dollars (abbreviated as SMD, SD or SBD) are conceived of as short-term debt instruments that are pegged 1:1 with the US Dollar.\n\nBy holding SMD you are “effectively lending the community the value of a dollar,” which enhances growth, according to the white paper. So SMD pays 10% annual interest when the value of 1 SMD is under $1 USD. Check the current market price at SteemDollar.com.\n\nFor every SMD created, $19 USD worth of STEEM is created as Steem Power, so the maximum debt-to-ownership ratio of the Steem network is about 5%. This could increase if the value of STEEM falls in the marketplace but should not be a major concern.\n\nHow Steem Works\nSteem is a complex system with a lot of moving parts. I’ll give you an overview of the most important ones for new users and cover more advanced topics in a second article.\n\nYour first window into the Steem system is going to be Steemit.com, a website reminiscent of Medium.com but named after Reddit.com.\n\nSteemit is just one interface for transacting with the Steem blockchain. There are others and might even be better ones in the future. There will be more applications built on the Steem blockchain in the future, too, including a Twitter-like app that’s currently in alpha.\n\nSo stay agile and stay in touch so I can keep you apprised. Subscribe to my exclusive mailing list for Steem news. Click here to sign up.\n\nCreate your Account\nVisit Steemit.com and click “Sign Up” at top right to register an account. At this time, you’ll need to either have a Facebook account or a Reddit account with positive karma. If you have neither, you can sign up to be notified when SMS verifications will be enabled.\n\nYou’ll need to authenticate with Facebook or Reddit, depending on which one you chose.\n\nThen it will redirect you to the Sign Up screen.\n\nPick an account name (username) you’ll be happy with indefinitely because you can’t change it.\n\nCreate a strong, 16-character or longer password or accept the one suggested by the system. Whatever you do though, save that password in a permanent and safe place. Store it in an encrypted file on your computer, then back it up. Write it down on paper and stick it in a safe. Laser engrave it onto some carbon nanotubes. I can’t stress this enough. That password grants access to your Steem cryptocurrency wallet and, in the future, the entire ecosystem of Steem apps.\n\nThere is no password recovery system.\n\nThere is an account recovery process now, though.\n\nClick “Create Account” and you will be redirected to your Blog page. You’re good to go.\n\nContent Curation\nContent curation refers to your ability to upvote and flag (due to abuse) content on the Steem network. Content curation doesn’t pay a lot but it’s a good way to get started while you’re learning about Steem and the members of the Steem community.\n\nYou’re now signed in to Steemit.com (and, therefore, the Steem network). At top left, you’ll see the word “trending” and a down arrow. Click that and you’ll see there are 7 different views you can select from to filter new content.\n\nHot: posts that are popular right now. These are a good opportunity to comment and vote.\nTrending: the most popular posts of the last 30 days.\nPayout Time: posts whose rewards are about to be paid. Your votes and comments will pay little here, but the payout will come fast.\nNew: brand-new posts created moments ago. Separate the wheat from the chaff, vote up and comment on the wheat and you can maximize your rewards.\nActive: posts that are recently edited or commented on. This is a good place to gain visibility and make new connections with your comment.\nResponses: posts with the highest comment count over the last 30 days.\nPopular: posts with the highest number of upvotes over the last 30 days.\nYou can also search for content by clicking the magnifying glass at the top of Steemit.com. At present, this is just a Google search.\n\nVoting\nIf you think a blog post is useful, upvote it at the bottom of the post by clicking the up arrow. If you think it’s abusive, hit the flag at top right. Your votes are public information — they’re permanently recorded on the Steem blockchain.\n\nBut don’t worry! When you upvote someone, you’re not spending your own money. When curating (upvoting and flagging) you’re actually getting paid by the Steem system (with newly minted crypto-currency) to decide who should be paid. Curation rewards are paid solely in Steem Power.\n\nTo get the maximum bang for vote, vote on exactly 20 posts per 24 hours — because each vote up to 20 leverages up to 5% of your SP. Anything more than that and the power of your votes (and your earnings) decline exponentially.\n\nNote that your vote’s power declines after each vote. So don’t cast a lot of votes all at once. Spread them out. You can check your current voting power at Steemd.com/@YOUR-USERNAME. In the left-hand column, look for “Voting power.” The closer the number is to 100%, the greater the power remaining in your next vote.\n\nUpvotes on content that has already reached its first payout (see below, approximately 24 hours after publication, sometimes longer) still pay the author but pay you zero curation rewards.\n\nI can not overestimate the importance of good, productive behavior on the Steem network. It’s still small. Powerful (high-SP) users — known as whales and dolphins (see below) — are paying attention. You will not gain their support (upvotes) if you engage in non-constructive behaviors.\n\nBe discriminating. Only upvote quality content that you yourself have evaluated. Consider the interests and culture of the platform.\n\nContent Creation\nContent creation includes both top-level blog posts and comments on those posts. Create posts that people like and they may upvote you. Get enough upvotes from people who are holding Steem Power and you will earn cryptocurrency.\n\nEngage in abuse (a fuzzy concept, the definition of which is still evolving) and your post will be hidden. Your reputation (see below) may also be affected.\n\nTo create a blog post, click “Submit a Story” at top right on Steemit.com. Top-level posts have a title, body and up to 5 tags. The title can be no more than 255 characters long. You can use Markdown formatting (very simple and easy to learn) on the body and there is now a WYSIWYG editor you can enable by clicking the word “Editor” between the title and body text boxes.\n\nTags are an important part of every post because they enable new readers to find you. Here’s an interesting analysis of the top-paying tags on the network. The most popular tags are also on the right side of the home page at Steemit.com. You can use up to 5 tags per post and at most two hyphens per tag.\n\nDefinitely leave the little checkbox marked “Upvote post” in its default checked position. It won’t give you much of a boost in the beginning but you need to get the upvotes started somehow.\n\nPlagiarism is not tolerated in the Steem community. In fact, there is a bot that actively checks for it.\n\nThe Payout Number\nDon’t get too attached to the payout number in US dollars at the bottom of your posts next to the upvote button until the payout closes. Click on the down arrow next to the number and you’ll see that the number is only the potential payout. Clicking on that arrow will also tell you how long it is until your payout closes and is disbursed to your wallet.\n\nBoth of these numbers — the payout amount and time to payout — can change for a number of reasons. The amount usually declines slightly before payout as rewards are calculated and set. A fixed amount of currency is awarded in each 24-hour period and, as new content receives upvotes, your share of that fixed pot can decline before payout time arrives. The payout amount also fluctuates with the market value of STEEM.\n\nThe payout time often extends a few hours if your post is receiving new upvotes. This happens in order to give you more time to collect those upvotes. Don’t worry about it. You’re here for the long-term, not just for a few dollars in a few hours — though that sounds pretty good, doesn’t it?\n\nMultimedia\nTo embed images, open an account at STEEMIMG.com. Upload your photo. After the upload is complete, find “Embed codes” under the image preview. Find the section marked “Full image” then, under that, “Markdown.” Mouseover that text box and, on the right, the word “COPY” will appear. Click on that. It adds the embed code to your clipboard. Now go back to the blog post submission page on Steemit.com and paste the code where you want the image to go.\n\nTo embed a YouTube video, just post its URL (not an embed code) into the body where you want it to appear.\n\nSteemit.com will grab the first image in the body and use it as your thumbnail in the content listings on the front page of Steemit.com and elsewhere. So make sure your blog post includes at least one image.\n\nThe system will not see a YouTube embed as an image and will not pull its thumbnail to use as your blog post’s thumbnail. So be sure to include your own image(s) in the post.\n\nThere is a 20-minute buffer between blog posts so try to spread out your posts throughout the day.\n\nBefore posting, see the section below titled “What Kind of Content Should I Post?” Don’t rush to post!\n\nSeries\nIf you’re doing a series of posts on a particular topic, you might create a unique tag and add it to each post in the series. For example, I’m using morelibertynow for my More Liberty Now series, posidose for my Posidose series and coup-conspiracy for my serial dystopian science fiction story, The Coup Conspiracy.\n\n4 Blog Posts per 24 Hours\nLimit your blog posts to just 4 per 24-hour period to maximize your rewards. Post more than 4 in any 24-hour period and your reward will be “taxed” — your fifth post will earn less than 100% of its content rewards, your sixth even less, etc. Quickly check your limit status at SteemDollar.com.\n\nComments\nComments, or posts, only have a body and you can also use Markdown to format them. Post as many as you like but make sure they are useful and substantial. Posts that add nothing to the conversation, such as “Good job!” can, like wanton curation, impact your reputation and chances for success.\n\nNote that a twenty second buffer between comments is enforced. Don’t post comments too quickly.\n\nComments are a great way to build connection with other users. Find a dozen users you wish to connect with and leave useful comments on their posts.\n\nMake a habit of responding to as many of the comments on your blog posts as you think merit further discussion. This keeps your blog post in the active list for longer and thus gives you a chance at greater content creation rewards. Just make sure each comment is substantial.\n\nEditing of your posts (both comments and blog posts) closes after the first payout (usually 24 hours after publishing). Keep in mind that your comments, like your blog posts, are on the Steem blockchain. Every revision you make is stored and will be there forever. They can not be deleted.\n\nYou can see the feed of your comments at a glance on your profile page by clicking on the “Comments” tab. See replies to your comments and blog posts by clicking on the “Replies” tab.\n\nContent & Curation Rewards\nBlog post rewards are paid out twice, once a stake-weighted 24 hours after your post is published and again 30 days later. After that, no more rewards are paid on the content, under the current system.\n\nPost rewards are paid out half in Steem Dollars and half in Steem Power.\n\n“Stake-weighted 24 hours” means that the expected 24-hour payment window can be extended if high-SP users (whales) upvote you, thus giving other users time to negate the whales’ votes, in case they constitute abuse. Payout time can even be extended by upvotes on comments to your blog post.\n\nCuration rewards are paid at the same time as blog post rewards. You can maximize your curation rewards by voting on posts you think others will also vote for (before they actually vote for them), voting early, not voting on content that is already at the top of the charts and by increasing your Steem Power.\n\nNote that within the first 30 minutes that a blog post is published, your curation rewards are shared with the author. Upvote immediately after publication, and 99.94% of your curation reward goes to the blog post author, not you. This percentage declines with time. At 15 minutes after publication, you get 50%. At 30 minutes, you get 100%.\n\nCuration rewards are assigned using a reverse auction though, so the earlier you vote, the higher the reward you get. You’ll need a strategy in order to regularly profit from curation. This system is in place to prevent curation bots from gaining an unfair advantage.\n\nPatrons\nThere is an incentive in the system for whales (high-SP users) to identify the best content as early as possible after publication. This could lead to whales effectively becoming patrons to content creators who regularly create valued content.\n\nSo make an effort to produce quality content (well-written, spell-checked, well-formatted, well-titled, highly-conceptualized and with multimedia embeds) that pleases whales and you may find yourself regularly upvoted by those users whose upvotes are worth the most to you.\n\nIf you don’t have significant SP holdings (that makes you a minnow, see below), then you won’t earn any significant return for your curation activities. But you can play the role of a trendsetter by discovering the best content first. Whales may follow your lead. And you can earn content rewards by writing up your experiences as blog posts.\n\nWhere to Find your Rewards\nYou can find a log of your content creation and curation rewards by visiting your profile page (Steemit.com/@YOUR-USERNAME). Next to where it says “Blog Comments Replies Feed,” is “Rewards.” Click on it and select from “Curation Rewards” and “Author Rewards.”\n\n“Curation Rewards” will show you the history of how much SP you earned for each individual vote, as well as other information.\n\n“Author Rewards” will show you the same information but for your blog posts.\n\nThe Future\nSome further notes of interest include:\n\nIf Steem reaches the size of Bitcoin, the market for content creation and curation would be USD $1.75 million per day, according to the Steem white paper.\nThe most popular content tends to run away with the greatest rewards. This is, by design, like a casino or lottery (in the sense of magnificent rewards for a few but not in the sense of being random), in order to incentivize people to put their maximum amount of work into the community. Content consumers benefit the most.\nThe amount of content and curation rewards does not change over time in absolute terms, so the quality of content will need to improve over time in order to continue earning similar rewards. This is a powerful incentive to meet the needs of curators.\nFollowing\nYou can build your own community on Steem by following other users and being followed in return, just like on Twitter.\n\nWhen you find a user you wish to follow, go to their profile page (takes the form of steemit.com/@USERNAME) and click on the FOLLOW button at top right. Or, click their username at the bottom of any blog post or comment and the same FOLLOW button pops up.\n\nSee the post feed of those you’re following in the user menu at the top right of every Steemit.com page. Click on the person icon and a menu pops up. Select “Feed” and click on it.\n\nNext to the FOLLOW button is the MUTE button. Mute users whom you don’t want to hear from.\n\nTo manage your followers, go to your profile page at Steemit.com/@YOUR-USERNAME and click below your name where it says “XX followers” or “XX followed.”\n\nOn the Followed page, you can see who you are following.\n\nOn the Followers page, you can see who is following you. Go through the list and follow people back, if you wish.\n\nReputation\nReputation is the number in parentheses next to your username at the top of your profile pages. You can increase your reputation by getting upvotes on your content from other users who have positive reputation numbers.\n\nThe highest reputation on Steemit right now belongs to @stellabelle and is 72. You might start with a reputation in the 20’s.\n\nGet flagged — especially by a user with high-SP (a whale) — and your reputation can decrease — even to a negative number. Let your reputation fall too low and your posts will be automatically hidden from other users.\n\nReputation is not directly linked to your Steem cryptocurrency holdings. It’s a separate metric from the one that determines the power of your upvotes (Steem Power).\n\nKeep building your collection of quality content on the Steem network and your reputation number should rise.\n\nWhales, Dolphins and Minnows\nSince Steem is a meritocratic system and not a democratic one, some users have more voting power than others when curating content. This power comes from the user’s Steem Power holdings.\n\nUsers with huge amounts of Steem Power are called whales. A single vote on your content by a whale can add hundreds of dollars to your payout. Whales can calibrate the power of their votes now, so not all whale votes confer huge rewards anymore.\n\nUsers with a medium amount of Steem Power are called dolphins. One of their votes can add a few cents or a dollar to your payout.\n\nUsers with a small amount of Steem Power are called minnows. These users’ votes may add less than a cent to your payout. You will start out as a minnow unless you invest significant amounts of bitcoin into Steem Power (don’t risk anything you can’t afford to lose).\n\nDon’t worry about these categories. Being a minnow doesn’t mean you’re doomed to fail. It just means you need to put something of value into the system, be that content curation, content creation, investment or something else.\n\nOver time, the successful content creators will rise to the top and become the whales whereas any whales who don’t succeed at content creation will see their relative share of Steem Power decline.\n\nYou can check the current value of your vote at SteemDollar.com.\n\nWhat Kind of Content Should I Post?\nThe first thing you want to do is make an introduction blog post and tag it with introduceyourself. Take a moment to study other introduction posts by visiting the previous link. Try to include all of these things in your post:\n\ndetailed but non-sensitive information about you, your life, struggles (without whining), plans and goals;\ninformation about what you do professionally, what projects you’re working on, what interests you;\nwhat you like about Steem and how you plan to collaborate to build the ecosystem;\nquestions you have about Steem; and\nphotos and videos that add to or deepen the text.\nFeel free to send me a second draft of your introduction post (in Markdown format). I’ll read it over and give you some ideas for taking it to the next level.\n\nWell-done introduction posts can earn hundreds or thousands of dollars. They can gain you an initial following that will come back again and again for your next posts.\n\nSo take your time and do it well. Don’t skip this step and don’t phone it in! Think about what makes you unique. Open up. This is a community of people. The tech just makes it possible. How will you add value to the community? Put all of that and more into your post.\n\nDon’t expect your second or third posts to earn as much as your introduction post. Take your earnings from the introduction post and consider investing them in Steem Power, tools or training that will enable you to produce more and better content for the network.\n\nHow to Build a Following\nSteem is still young. This is a great time to build your following on the network. Here are some ideas for how to do this:\n\nPost quality, well-conceptualized, substantial multimedia blog posts with well-crafted titles and copy on a regular basis, maybe even at the same time every day.\nComment on other people’s blog posts. Make sure your comments are not just a fluffy “Great job!” but instead add value, ask a question or say something original.\nJoin a Steemit group on Facebook or another legacy social media network and promote your posts there.\nJoin Steemit.chat, join the rooms that interest you and contribute regularly. Don’t just drop new posts in there though. Have conversations. Help others.\nStart a project to improve Steem and involve other Steemians in it.\nFigure out how to solve problems that fellow Steemians are reporting.\nDevelop software, tools or some other valuable resource for the Steem community.\nGet creative. Look at what top creators have done on Facebook, Twitter, blogs, YouTube and other legacy social media networks. Adapt and experiment. Learn and share your results in a blog post for extra rewards.\n\nHow to Use your Wallet\nYou can also access your Steem wallet via Steemit.com. Click the person icon at the top right and select “Wallet” from the user menu.\n\nHere you’ll see your STEEM, Steem Power and Steem Dollars balances. The system also gives you the estimated value of your account in US Dollars.\n\nEach balance number has a small down arrow next to it. Click it to do something with your money (see below).\n\nKeep in mind that every wallet on the system is public information. You can view anyone’s wallet but only interact with your own.\n\nSTEEM\nWith your STEEM, you can transfer, Power Up, Deposit or Buy/Sell.\n\nUse Transfer to send STEEM to another user. You can enter a memo (which is permanently recorded on the blockchain) to remind yourself later what the transaction was for. Many transactions are recorded under “History” at the bottom of the page. Transfers are immediate and fee-free.\n\nUse Power Up to vest your STEEM as Steem Power, which is like buying preferred stock in the Steem network. This takes effect immediately. As noted above, withdrawing your Steem Power is a slow process. SP is a long-term investment.\n\nUse Deposit to convert your bitcoin into STEEM using BlockTrades.\n\nUse Buy or Sell to trade STEEM on Steem’s internal marketplace.\n\nThe best use of STEEM — this is my personal opinion — is to power up and, therefore, maximize your influence and long-term gains.\n\nSteem Power\nClick the down arrow next to your Steem Power balance and you’ll find two options: Power Down and Deposit.\n\nUse Power Down to begin the withdrawal of your Steem Power balance in 104 equal weekly payments of STEEM. You can stop this process at any time. If you power down, you will receive the first disbursement in one week.\n\nUse Deposit the same as above, to convert bitcoin directly into Steem Power.\n\nThe best use of Steem Power — this is my personal opinion — is to hold it indefinitely in order to maximize your influence and long-term gains. If you need some cash, you can always power down for one or more weeks and then stop the process.\n\nSteem Dollars\nClick the down arrow next to your Steem Power balance and you’ll find three options: Transfer, Buy or Sell and Convert to STEEM.\n\nUse Transfer to send Steem Dollars to another user, just like with the STEEM transfer menu mentioned above.\n\nUse Buy or Sell to trade Steem Dollars on Steem’s internal marketplace.\n\nUse Convert to STEEM to trade your Steem Dollars in for STEEM. This is a good method for converting your content and curation rewards to Steem Power. The conversion takes one week to happen in order to prevent certain kinds of attacks.\n\nYou can also cash Steem Dollars out to Bitcoin or other cryptocurrencies easily at BlockTrades.us.\n\nSteem Dollars pay 10% APR interest so there is some benefit to holding them, and you’re unlikely to lose much because the Steem system works to keep the value of SMD close to USD$1. Check the current value at SteemDollar.com.\n\nHow to Cash Out of Steem\nIf you wish to cash out some or all of your Steem earnings, one good place to do it is BlockTrades.us, where you can easily trade STEEM for Bitcoin and Steem Dollars for Bitcoin or Ether.\n\nOnce you’ve cashed out to Bitcoin, you can use an exchange such as Coinbase or an independent trader near you on LocalBitcoins.com (active in more than 13,000 cities and 245 countries) to convert your Bitcoin into fiat currency (often in minutes and direct to your bank account), if you’re unable to spend your Bitcoin directly to get the products and services you need.\n\nThere is currently no established procedure for cashing out directly from Steem Dollars to fiat (government) currency, but entrepreneur and Steem early adopter Gabriel Scheare ( @piedpiper ) is working on one. Follow him for updates.\n\nOther Ways to Earn\nOther ways to earn include validating transactions, proof of work mining and liquidity rewards (trading). I’ll cover these, and more, in the second article.\n\nWho Benefits from Steem?\nIf you’re willing to be social — to share of yourself — then you can succeed in the Steem social economy.\n\nSteem is a revolutionary breakthrough for content creators who want to get paid. Facebook, Twitter and Reddit do not pay you. They make all the money from your hard work.\n\nAt YouTube, some creators can earn a percentage of Google’s take on the Adwords ads Google presents to your viewers. You have to be earning millions of views on a regular basis, though, if you want to make good money.\n\nSteem is different. It’s a complete economy that pays you to create value for consumers in the form of content — content you might already be creating anyway.\n\nIf you’re not interested in creating content, you can still make small amounts of money (paid in Steem Power) curating with a minimal daily time investment, since your curation rewards decline after 20 upvotes per 24 hours anyway.\n\nKeep in mind that Steem is not just another channel for dumping generic content you already create — although you can still get paid for this, if curators decide to support you.\n\nThe best-paying content right now is media that relates to yourself, personally, and to Steem. This is already changing, with some curators seeking out content about anything other than Steem and Steemit.\n\nSo Steemit is for anyone who wants to earn money for being social in their spare time by creating and curating content: independent workers, freelancers, stay-at-home moms, students, kids, the elderly — anyone with something to say who’s willing to do it in a constructive way.\n\nWhat Now?\nIf you didn’t already register, go do that now! Steemit.com\n\nFollow me — @georgedonnelly — to get updates on this document, serial science fiction, daily doses of positivity in my Posidose series, political commentary and organizing for libertarians, and more.\n\nFollow the Steam Smart Podcast — @steemsmart — to get the latest insights for Steem success and to stay abreast of new developments and influencers in the Steem community.\n\nReady your introduction post. Produce two drafts, then send it to me. I’ll help you take it to the next level because I want to see content creators succeed on Steem.\n\nNot a Guarantee\nNote that I haven’t vetted the code behind Steem and I haven’t seen anyone else’s comprehensive analysis of the code. I’m just giving you a basic getting-started guide.\n\nI’m convinced that Steem is genuine. But don’t risk more money or time than you can afford to lose.\n\nIf you give Steem a chance, I believe you will be convinced, too. Then you can grow your following by bringing even more users to the community. Together, we’ll grow Steem into an unstoppable platform for high-quality content where content creators can earn a living.\n\nConclusion\nSteem is a peer-to-peer and meritocratic social economy built on a blockchain that pays you cryptocurrency to create and curate content, mostly long-form blog posts (at Steemit.com), at present.\n\nYou can exchange that cryptocurrency for fiat money and spend it on groceries, rent and travel — or earn even more by investing it into the Steem network.\n\nMany people have already earned hundreds or thousands of dollars from their introduction posts alone. And so can you.\n\nYou can build a following on Steemit for your quality content, a following that pays you over and over again as long as you keep producing quality content that meets their needs. Quality is not just appreciated on Steemit — it’s required.\n\nSteem is poised for growth in the near future and its architecture can grow to handle many times the traffic of Reddit.\n\nRight now, Steemit is at the perfect stage for technology enthusiasts and visionary leaders to start building their communities for the future.\n\nSteemit is good for you. But it’s also good for your followers, who can fund your highest-quality and most speculative work without spending any of their own money. And they can earn money, too.\n\nSteem will only grow from here — that’s my personal opinion. By getting started today, you are setting yourself up for long-term success in the new world of social crypto-economies.\n\nWelcome!\n\nValuable Resources\nThe Steem Explainer Video\nSteem white paper(PDF)\nSteem “Get Involved” docs\nSimply Steemit: Your No-Nonsense Guide to Getting Started\nSteemit is not about luck: Principles of successful Steemians – video\nSteemit's new economic paradigm, or: Why Steemit might just work\nThe Truth About Ridiculously High Steemit Payout\nWould Albert Power Up? You Need a Long Term Plan, Also\nThe Cliffsnotes on the 6 Principle of Influence by Robert Cialdini\nSteemit Economy 101 : Infographic's on Steem , Steem Power and Steem Dollar\nHow I Achieved The #1 Reputation Ranking On Steemit And How You Can Improve Yours\nCuration Rewards and Voting Incentive\nSTEEM-focused Content and The FIRST PRINCIPLES of Steem\nHow to Vote Smart and Profit From Steemit’s New Reverse Auction Voting Rewards (Just Implemented!)\nThe Top SEVEN Essential MUST-Read Posts To Deepen Your Understanding Of The Steem Ecosystem…\nSteemit (FAQ) Frequently Asked Questions, Common Myths, and Misconceptions\nWhat Many Learn the Hard Way: Your Strategy May Be Crippling Your Steemit Potential\nSteemit 33 Top Earning Posts of All Time! (SMD: $445,626.82+)\nThe Perfect Steemit Pitch and My Steemit Strategy\nThe Steem Smart Podcast\nPlease suggest high-quality articles for inclusion in this list to [email protected].\n\nThird-Party Tools\nSteem Tools has a listing of all the third-party tools.\n\nSTEEMIMG is an essential tool because you can not upload images into the Steem blockchain. Upload your images here and the site gives you Markdown code to copy into your post body.",
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